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Mahindra Sona to invest Rs.40 crore to expand facilities

Industry Engineering

Mahindra Sona Ltd is planning an assembly facility for propeller shafts at Pithampur in Madhya Pradesh. It will invest around Rs.20-25 crore in the first phase. It has also plans to expand its Nashik unit with an investment of Rs. 12-15 crore. Further, to upgrade the machineries it would invest Rs. 8 crore.

Extracted from HBL, Oct 01,’15

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