Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Toyoda Gosei Enhances Airbag Production Capacity in Northern India By: Toyoda Gosei Co., Ltd. via Business Wire February 09, 2023 at 23:00 PM EST Toyoda Gosei Co., Ltd.’s (TOKYO:7282) Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. will enhance the production capacity at its headquarters plant (Neemrana Plant) to meet the growing demand for airbags as safety regulations become stricter in India. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230209005052/en/Production network in India (Graphic: Business Wire) Driver and passenger side airbags for frontal collisions are increasingly equipped on vehicles in India. The use of side and curtain airbags to protect vehicle occupants in side collisions is also predicted to expand. To meet the accompanying growth in demand, Toyoda Gosei Minda India will expand its Neemrana plant and install airbag production equipment. Toyoda Gosei considers India, where automobile production is increasing, to be a key market. The company has built up an optimum production and development network in the northern, western and southern parts of India where its main customers in that country, Suzuki and Toyota, are located. It will grow its business by responding flexibly and swiftly to customers’ procurement needs with a focus on airbags, one of the company’s major products. Through the spread of safety equipment, Toyoda Gosei will contribute to safe and secure mobility in society. Outline of Toyoda Gosei Minda India (Neemrana Plant) Established April 2008 Location Neemrana, Rajasthan, India Land area Bldg. area Approx. 78,000 m2 Approx. 21,000 m2 → After expansion approx. 35,000 m2 Operation scheduled to start in September 2024 Products Safety systems (airbags, steering wheels, etc.) Weatherstrips No. of employees Approx. 1100 (as of Dec. 31, 2022) Investment amt. JPY2.2 billion View source version on businesswire.com: https://www.businesswire.com/news/home/20230209005052/en/Contacts Toyoda Gosei Co., Ltd. Contact: Public Relations Chiaki Toyoda inquiry@mlist.toyoda-gosei.co.jp Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Toyoda Gosei Enhances Airbag Production Capacity in Northern India By: Toyoda Gosei Co., Ltd. via Business Wire February 09, 2023 at 23:00 PM EST Toyoda Gosei Co., Ltd.’s (TOKYO:7282) Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. will enhance the production capacity at its headquarters plant (Neemrana Plant) to meet the growing demand for airbags as safety regulations become stricter in India. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230209005052/en/Production network in India (Graphic: Business Wire) Driver and passenger side airbags for frontal collisions are increasingly equipped on vehicles in India. The use of side and curtain airbags to protect vehicle occupants in side collisions is also predicted to expand. To meet the accompanying growth in demand, Toyoda Gosei Minda India will expand its Neemrana plant and install airbag production equipment. Toyoda Gosei considers India, where automobile production is increasing, to be a key market. The company has built up an optimum production and development network in the northern, western and southern parts of India where its main customers in that country, Suzuki and Toyota, are located. It will grow its business by responding flexibly and swiftly to customers’ procurement needs with a focus on airbags, one of the company’s major products. Through the spread of safety equipment, Toyoda Gosei will contribute to safe and secure mobility in society. Outline of Toyoda Gosei Minda India (Neemrana Plant) Established April 2008 Location Neemrana, Rajasthan, India Land area Bldg. area Approx. 78,000 m2 Approx. 21,000 m2 → After expansion approx. 35,000 m2 Operation scheduled to start in September 2024 Products Safety systems (airbags, steering wheels, etc.) Weatherstrips No. of employees Approx. 1100 (as of Dec. 31, 2022) Investment amt. JPY2.2 billion View source version on businesswire.com: https://www.businesswire.com/news/home/20230209005052/en/Contacts Toyoda Gosei Co., Ltd. Contact: Public Relations Chiaki Toyoda inquiry@mlist.toyoda-gosei.co.jp
Toyoda Gosei Co., Ltd.’s (TOKYO:7282) Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. will enhance the production capacity at its headquarters plant (Neemrana Plant) to meet the growing demand for airbags as safety regulations become stricter in India. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230209005052/en/Production network in India (Graphic: Business Wire) Driver and passenger side airbags for frontal collisions are increasingly equipped on vehicles in India. The use of side and curtain airbags to protect vehicle occupants in side collisions is also predicted to expand. To meet the accompanying growth in demand, Toyoda Gosei Minda India will expand its Neemrana plant and install airbag production equipment. Toyoda Gosei considers India, where automobile production is increasing, to be a key market. The company has built up an optimum production and development network in the northern, western and southern parts of India where its main customers in that country, Suzuki and Toyota, are located. It will grow its business by responding flexibly and swiftly to customers’ procurement needs with a focus on airbags, one of the company’s major products. Through the spread of safety equipment, Toyoda Gosei will contribute to safe and secure mobility in society. Outline of Toyoda Gosei Minda India (Neemrana Plant) Established April 2008 Location Neemrana, Rajasthan, India Land area Bldg. area Approx. 78,000 m2 Approx. 21,000 m2 → After expansion approx. 35,000 m2 Operation scheduled to start in September 2024 Products Safety systems (airbags, steering wheels, etc.) Weatherstrips No. of employees Approx. 1100 (as of Dec. 31, 2022) Investment amt. JPY2.2 billion View source version on businesswire.com: https://www.businesswire.com/news/home/20230209005052/en/