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Automotive Axles, India to shut down Hosur manufacturing plant
On February 4, Automotive Axles Limited announced that its Board of Directors has approved the closure of its manufacturing facility in Hosur, Tamil Nadu, citing a change in its business model as the reason for the decision.
The Hosur plant contributed approximately 20.55% of the company's total revenue for the finan....
The Hosur plant contributed approximately 20.55% of the company's total revenue for the finan....
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