Toyoda Gosei is set to invest roughly 5.76 billion Indian rupees (equivalent to 9.3 billion yen) in the construction of a new automotive components facility in Maharashtra, India.
The upcoming plant will manufacture both exterior and interior vehicle parts, including bumpers and instrument panels, alongside safety-critical components such as airbags and steering wheels.
Operations at the new site are scheduled to commence in the first half of 2029.
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