Toyoda Gosei Minda India (P) Ltd (TG Minda), the safety systems vendor for Suzuki Motor Gujarat (SMG), has announced its manufacturing plant at the new auto belt in the Mandal-Becharaji region in Gujarat, which houses SMG's passenger car manufacturing plant.
SMG is a subsidiary of Suzuki Motor Corporation (SMC). Japanese player Toyoda Gosei's subsidiary, Toyoda Gosei Minda India, will manufacture airbags, weather-strips and other automotive parts by the later part of financial year (FY) 2017-18 at an investment of Rs 73 crore.
According to the company, the new plant is set to meet the expected increase in demand for airbags as stricter