The company will enhance production capacity to keep pace with growing sales of airbags and steering wheels.
Driver and passenger side airbags for frontal collisions are increasingly equipped on vehicles in India.
The plant will produce front grilles and other plastic painted products close to its customer, Toyota Motor East Japan, Inc.
This move will strengthen Toyoda Gosei’s supply system for interior and exterior automotive parts in central China.
Plant production is slated for the summer of 2023, and once operational will manufacture airbags and steering wheels.
The new operation is being established to meet growing demand for airbags.
A new building will be constructed at the company’s Thai Binh Plant and annual production capacity of the bags that inflate on impact in Vietnam will be increased to 2,500 bags by 2023, about 1.5 times the level the company produced in fiscal year 2018.
The Gujarat plant of Toyoda Gosei Minda India Pvt. Ltd. (TGMIN) will supply airbags, the demand for which is growing with the increasing automobile production and stricter safety regulations in India.
With this partnership, Toyoda Gosei’s production network in China will expand to four locations: TG Star Light in northern China, Foshan TGR and Fu-Yue in southern China and now Hubei Rock in Central China.