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India

Shakti Pumps, India invests additional INR 50.8 million in its electric vehicles motors business

Apr 24, 2024

On April 23, Shakti Pumps (India) Limited announced that it had invested INR 50.8 million in its wholly owned subsidiary i.e. Shakti EV Mobility Private Limited (formerly known as Shakti Green Industries Private Limited). Its consolidated investment in the entity now stands at INR 320 million post the investment.
The....

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