Japanese company Daicel to set up airbag inflator manufacturing unit in Chennai
Osaka headquartered Japanese company Daicel Corporation plans to establish a production site at the OneHub Chennai Industrial Park in Tamil Nadu. The plant is scheduled to start operations in December 2023.
Earlier in October 2018, Daicel established a sales base – Daicel Safety Systems India Pvt. Ltd.in Gurugram – to conduct marketing and local research.
“Until now, we have been supplying products to the Indian market from production site in Thailand and other countries. However, due to the growth potential of the Indian automobile market, and the need to strengthen automobile manufacturer and airbag module manufacturer supply chains in India, we have decided to establish a local production site, a statement issued by Daicel said.
It adds, “We will further strengthen our presence in the Indian market through stable production and supply of products, contributing to the development of the Indian economy through both inflator production and parts procurement in the country.”