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India

GMW, India announces USD 50 million investment from GEM, Luxembourg

On April 1, Gayam Motor Works (GMW) announced a USD 50 million investment commitment from Luxembourg-based GEM Global Yield LLC SCS as the company plans to move to go to the stock market. The commitment will be made available on the first trading day or in tranches to be drawn down over a three-year period at the opt....

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