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India

L&T, India commits INR 25 billion for electronics and automotive manufacturing hub in Coimbatore

On June 2, Larsen and Toubro signed an MoU with the Tamil Nadu government, committing INR 186 billion across three projects to create 8,200 jobs. The electronics manufacturing hub in Coimbatore, worth INR 25 billion and targeting 2,000 jobs, is positioned to serve both the electronics and automotive sectors. 
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