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Toyota Boshoku Corporation announced its Indian subsidiary, Toyota Boshoku Automotive India Pvt. Ltd., will construct a new plant in Sambhajinagar City, Maharashtra, India. The plant will produce automotive seats and components, with an investment of approximately INR 4 billion (approx. JPY 7 billion), and is scheduled to begin production in the first half of 2029.
“Toyota Boshoku is promoting its 'India Challenge 1000' initiative, aiming to achieve revenue of 100 billion yen in India by 2030.”toyota-boshoku.com
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