Rico Auto Industries, India acquires land for future expansion

On May 27, Rico Auto Industries Limited announced that it acquired 12.31 acres of leasehold land at SIPCOT Industrial Park, Shoolagiri, Hosur (Future Mobility Park) for 99 years to set up an industrial unit for future expansion with a prime focus on South-based Automotive OEMs. In FY 2024, it received a new business ....

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