Toyoda Gosei to Restructure Production Subsidiaries in India for “TG One India”

KIYOSU, Japan--(BUSINESS WIRE)--Toyoda Gosei Co., Ltd. (TOKYO: 7282) will restructure its production subsidiaries in India to optimize its production network in that country. The company will transfer its all shares in Toyoda Gosei South India Pvt. Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt. Ltd. (TGMIN) in 2020. TGSIN supplies interiors and exteriors and other parts mainly to Toyota Motor in South India, while TGMIN supplies airbags, steering wheels, and other parts mainly to Suzuki Motor in