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Rane Group announces a capex of INR 2 billion for FY 2017-18
Rane Group plans a capex of INR 2 billion for fiscal year 2017-18. The expansion will happen across seatbelt, airbag and electric power steering businesses. Its engine valve business will undertake some expansion. It will add capacity at Trichy plant for Rane Brake Lining. Rane Group targets to spend 2% of capex for ....
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