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Gabriel India announces capex for new plant, R&D and expansion

Gabriel India announced a capex of INR 1,560 million for FY 2018-19. Gabriel will invest INR 115 million in new R&D technical centre building at Chakan to address new technology developments for Passenger car & commercial vehicle business. Regular R&D/quality/line balancing/maintenance will utilize capex worth INR 58....

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