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India

Shakti Pumps India gets land for EV component plant

On July 15, Shakti Pumps (India) Limited announced that it has got 7 acres of land from the Government of Madhya Pradesh for its electric vehicle subsidiary. Shakti Pump will start working on it this quarter. The production and revenue will take around 18-20 months. Its wholly owned subsidiary, Shakti Green Industrie....

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