Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
      Elastomers for Sustainability Top 10
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
April 06, 2020 08:40 AM

Toyoda Gosei consolidating Indian operations

ERJ Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Kiyosu, Japan - Toyoda Gosei Co., Ltd is reorganising its operations in India in a bid to optimise production network in the country.

    As part of the move, the automotive parts manufacturer is transferring all its shares in Toyoda Gosei South India Pvt. Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt. Ltd. (TGMIN) in 2020, the company announced 2 April.

    TGSIN supplies interiors and exteriors and other parts mainly to Toyota Motor in South India. TGMIN supplies airbags, steering wheels, and other parts mainly to Suzuki Motor in North India. 

    toyoda-gosei-india-plants2

    Set up in 2008, TGMIN is a Neemrana, Rajasthan-based joint venture business between Toyoda Gosei (50.1%) and Uno Minda Group (49.9%).

    After the transaction, TGMIN will own 95% of TGSIN shares, while Toyota Tsusho Corp. will own the remaining 5%.

    With this restructuring, Toyoda Gosei said it intended to develop a “more flexible supply system in India that is not bound by product categories.”

    India is once of the top markets targeted by Toyoda Gosei’s medium and long term 2025 business plan. 

    Having opened a sales and engineering office in Gurgaon, near Delhi in 2018, Toyoda Gosei said it intended to increase its development and production capacity in the emerging market.
     

    RECOMMENDED FOR YOU
    Versalis gains sustainability cert for product from bionaphtha and chemical recycling
    Versalis gains sustainability cert for product from bionaphtha and chemical recycling
    Michelin tires will be “100% sustainable” by 2050
    Michelin tires will be “100% sustainable” by 2050
    MouldTex advances mould-texturing for friction-optimised rubber parts
    MouldTex advances mould-texturing for friction-optimised rubber parts
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac