TOYODA GOSEI

Contact us

News

  • Home>
  • News>
  • 2016>
  • Toyoda Gosei to Establish New Automotive Parts Plant in India

Toyoda Gosei to Establish New Automotive Parts Plant in India

July 14, 2016

Kiyosu, Japan, July 14, 2016: Toyoda Gosei Co., Ltd. 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 our Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), and will provide airbags, weatherstrips and other automotive parts to local Japanese automakers from March 2017. The investment associated with the new plant will be about 550 million rupees (approximately 900 million yen*).

*Calculated with 1 rupee = 1.6 yen

 

Outline of Bawal Plant (new plant)

Plant name Toyoda Gosei Minda India Bawal Plant
Location Bawal, Haryana, Republic of India
Start of production March 2017 (planned)
Investment Approximately 550 million rupees (approximately 900 million yen)
Products Safety Systems (driver-side airbags, passenger-side airbags, steering wheels)
Weatherstrips (opening weatherstrips, glass runs, other) 
Area Land: Approximately 20,000 m2 / Plant: Approximately 8,000 m2
No. of employees Approximately 440 (as of March 31, 2017)

 

Outline of TGMIN (reference)

Company name Toyoda Gosei Minda India Private Limited
Established April 2008
Location Neemrana, Alwar Rajasthan, Republic of India
Capital 3.29 billion rupees
Equity shares

Toyoda Gosei Co., Ltd. (86.8%)
Minda Investments Limited (8.2%)
Toyota Tsusho Corporation (5%)

Products Safety Systems (driver-side airbags, passenger-side airbags, steering wheels)
Weatherstrip products (opening weatherstrips, glass runs, other) 
No. of employees 928 (as of March 31, 2016)
Sales

Approximately 3 billion rupees (FY2015 results) (Approximately 4.8 billion yen)
Approximately 6 billion rupees (FY2020 forecast) (Approximately 9.6 billion yen)

About Toyoda Gosei

Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading specialty manufacturer of rubber and plastic automotive parts and LEDs. Today, the Toyoda Gosei group provides a variety of high-quality products internationally, with a network of approximately 100 plants and offices in 18 countries and regions. Through its flexible, integrated global supply system and leading-edge technologies for automotive safety, comfort, and environmental preservation, Toyoda Gosei is a global supplier that aims to deliver the highest levels of quality, innovation, and satisfaction to customers worldwide.