Toyoda Gosei has announced it will open a new plant in Harohalli, India to meet growing components production needs.
The new plant is a branch plant of Toyoda Gosei South India Pvt. Ltd.
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It is scheduled to begin production of safety systems (airbags, steering wheels and more) and interior and exterior products (console boxes and others) from 2026.
The firm says demand for these products is growing due to the increase in production capacity of the Japanese automakers that are its main customers.
India is a key market for Toyoda Gosei, and demand for airbags, one of the company’s main products, is growing against a background of rising traffic fatalities as the automobile market rapidly expands.
Sports utility vehicles (SUVs) are also becoming increasingly popular in recent years, for which automakers are enhancing their production capacity.
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By GlobalDataThe company says it will leverage its development and production network in the country to contribute to safer mobility.
