Toyoda Gosei is establishing a new plant in Bawal in the Indian state of Haryana to meet the expected growth in demand for airbags and other parts with expanding automobile production and stronger safety regulations in India.
The new plant is being established as a branch of Indian subsidiary Toyoda Gosei Minda India (TGMIN) and will provide airbags, weather-strips and other automotive parts to local Japanese automakers from March 2017. The spend on the new plant will be about INR550m (US$8.2222m) (approximately JPY900m).
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The Toyoda Gosei Minda India Bawal plant will make safety systems (driver-side airbags, passenger-side airbags, steering wheels) and weatherstrips (opening weatherstrips, glass runs, etc). Land area is about 20,000 square metres and buildings approximately 8,000 square metres. It will start with about 440 workers.
