May 8, 2019
Toyoda Gosei announced that Toyoda Gosei Minda India, an affiliated corporation in India, held the ceremony to celebrate the opening of its new Gujarat Plant on February 4, 2019.
Total investment was about 3 billion yen by 2021, and the building area was 18,000 square meters. It manufactures automotive airbags, handles, and weather strip products to prevent rain winds and noise from automobiles in the new plant.
Toyoda Gosei Minda India has been strengthening its development and production system by establishing a technology development building near Delhi in April 2018.
It plans to double its sales to more than 35 billion yen by 2025.
Source:SEISANZAI MARKETING Magazine April 2019 issue