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Hyundai Motor India (HMIL) is reportedly planning a substantial investment of Rs 5,000 crore in General Motors India’s (GMI) Talegaon plant in Maharashtra. Additionally, HMIL’s vendors are also preparing to make investments totaling Rs 5,000 crore in close proximity to the facility. The combined efforts of HMIL and its associates are set to contribute Rs 10,000 crore towards the automotive plant, which currently has the capacity to manufacture 130,000 units annually. This move signals a significant boost to the automotive industry in the region.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st November 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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