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Toyoda Gosei Enhances Technical Development Operations in India

July 13, 2018

Kiyosu, Japan, July 13, 2018: Toyoda Gosei Co., Ltd. has established the Gurgaon Office (engineering, sales) of Toyoda Gosei Minda India (TGMIN), a subsidiary in India, to increase sales in the rapidly growing market. The new office, located in a suburb of New Delhi, is a further step in localization of product development.

The new office is intended to speed up business by locating engineering and sales operations closer to the head office of its main customer, Maruti Suzuki India Limited. These operations were previously situated at TGMIN’s head office in its Neemrana Plant. Together with this relocation, local development operations will be enhanced by increasing the number of employees and expanding facilities. By 2020 the number of engineering and sales employees will be increased to about 20 people.

Toyoda Gosei views India as an important market and is taking steps to enhance its production network there, including the scheduled start of operations of a new TGMIN Gujarat Plant in western India in October 2018. The company is targeting sales of 35 billion yen, over two times the current level, for all of India by 2025.

 

Outline of TGMIN Gurgaon Office [Newly Established]

1.Location Gurgaon, Haryana, India
2.Start of
   operations
April 2018
3.Employees 10 people (as of May 30, 2018)
4.Business
   activities
Development/design,
sales of airbags and other products

Business network in India(3 companies, 6 locations)

Business network in India
(3 companies, 6 locations)

Outline of TGMIN

1.Name Toyoda Gosei Minda India Pvt. Ltd.
2.Location Neemrana (Headquarters Plant), Rajasthan, India
3.Established April 2008
4.Capitalization 4.4 billion rupees
5.Shareholders Toyoda Gosei Co., Ltd.; Uno Minda Group
6.Products Airbags, steering wheels, weatherstrips, others
7.Employees 1,602 people (as of May 30, 2018)