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Ashok Leyland, India to invest INR 12 billion in Switch Mobility for expansion
On November 9, Ashok Leyland announced that its board of directors had approved an investment of INR 12 billion in Switch Mobility as equity through its holding company Optare PLC UK. The funds will be infused over the next few months and will be used for capital expenditure, R&D, and meeting operational requirements....
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