TOYODA GOSEI CO.,LTD. announced that it will build a new plant in Maharashtra, western India. Production of major components such as bumpers and airbags is expected to begin in the first half of 2029, with investment equivalent to approximately ¥9.3 billion and construction scheduled to begin during 2026.
TOYODA GOSEI CO.,LTD. announced that its Indian subsidiary, Toyoda Gosei South India, will build a new plant in Maharashtra, western India. The new plant is scheduled to begin producing major components, with production expected to start in the first half of 2029.
Investment is expected to total approximately INR 5.758 billion (approximately ¥9.3 billion), with construction planned to begin during 2026. The plant is expected to employ approximately 570 people by 2030.
The move is viewed as a response to growing demand for automotive parts in the Indian market and is considered to be mutually related to Toyota Motor's expansion of its production capacity in India.