Toyoda Gosei announced plans to build a new auto parts plant at Bidkin Industrial Park in Maharashtra, western India. The investment will total approximately ¥9.5 billion, with production targeted to begin in the first half of 2029.
Toyoda Gosei announced that it will build a new auto parts plant at Bidkin Industrial Park in Maharashtra, west-central India. The investment will total 5.758 billion rupees, equivalent to approximately ¥9.5 billion. Production is scheduled to begin in the first half of 2029.
Toyota Motor, Toyoda Gosei's main customer, is expected to begin operating a new plant at the industrial park in the first half of 2029. Toyoda Gosei will expand its presence there in line with the expansion of its auto parts production capacity.
The new plant will be Toyoda Gosei's eighth site in India.