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Motherson, India acquires 67.78% stake in China's Shenzhen Autocruis to expand camera systems portfolio

On June 17, Samvardhana Motherson International Limited approved the acquisition of a controlling stake in Shenzhen Autocruis Technology Co., Ltd., a China-based automotive camera and vision systems company, through its indirect wholly owned subsidiary SMR Automotive (Langfang) Co., Ltd. The investment of CNY 153.3 m....

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