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Schaeffler India investing INR 3 billion in Hosur for transmission components

In its annual report for 2022, Schaeffler India Limited, a subsidiary of Schaeffler AG, announced that in 2022, it signed a memorandum of understanding with the government of Tamil Nadu for its new project plant expansion at Hosur. It plans to invest INR 3,000 million in Hosur over the next few years with the first p....

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