Raymond Group, India to acquire stakes in Maini Precision Products Limited

On November 3, Raymond Group announced the acquisition of a 59.25% stake in Maini Precision Products Limited (MPPL) for INR 6.82 billion. The consolidated business caters to the top Global OEMs and Tier 1 manufacturers across aerospace, defense, auto, and industrial businesses.  
It will enhance Raymond’s presence ac....

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