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India

DICV, India plans INR 40 billion investment in Tamil Nadu

On August 13, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has outlined a proposed investment of approximately INR 40 billion in Tamil Nadu. The plan is part of a non-binding facilitation Memorandum of Understanding (MoU) with the state government. If realised, the new outl....

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