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Sundaram Clayton to invest in US plant; expand in India too Chennai: Sundaram Clayton, part of the TVS group, plans to invest US$ 50 million in US and Rs 400 crore (US$ 59.76 million) in India over the next three years....

Times of India February 13, 2017

Gestamp invests Rs 260 crore in hot stamping plant in Pune to meet future light weighting needs of car makers Mumbai: Gestamp, the Spain-based auto components manufacturer, has invested around Rs 260 crore (US$ 38.8 million) for setting up its new hot stamping plant in Pune, and plans to employ 130 people by the end of 2017....

Economic Times February 09, 2017

Motherson Sumi buys Finnish wiring harness maker PKC for €571 mn Mumbai: Motherson Sumi Systems Ltd, an automobile components manufacturer, has acquired Finland-based truck wire maker PKC Group Pic for € 571 million (US$ 607.42 million), which will help the company expand its presence in the global wiring har...

Business Standard January 20, 2017

Exide to invest Rs300 crore to expand capacity in West Bengal New Delhi: Exide Industries, India’s biggest automotive battery maker, plans to invest around Rs 300 crore (US$ 44.1 million) to expand its capacity for advanced motorcycle batteries over a period of 18 months....

Livemint January 03, 2017

Mercedes sets up India's largest spare parts warehouse Mumbai: Mercedes Benz India Private Limited has set up India’s largest spare parts warehouse in Pune, which has the capacity to stock up to 44,000 parts and will have a vehicle preparation centre that can stock as many as 5,700 cars to customis...

Livemint September 16, 2016
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