Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), an Indian subsidiary of Toyoda Gosei Co., Ltd., has started operations at its Gujarat plant.
The facility will supply airbags, the demand for which is growing with the increasing automobile production and stricter safety regulations in India, plus supply steering wheels, weatherstrips and other parts to Suzuki Motor Gujarat Pvt. Ltd.
India is a key market for Toyoda Gosei, and the company has been enhancing its development and production network there, including the establishment of a new technical and sales office (Gurugram Office) in a suburb of Delhi in April 2018.
The firm plans to increase its sales volume in India to 35 billion yen by fiscal 2025, more than twice the current level. Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading specialty manufacturer of rubber and plastic automotive parts.
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