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India

Shakti Pumps, India invests INR 50 million in EV Subsidiary

On October 12, Shakti Pumps (India) invested INR 50 million in its wholly owned subsidiary, Shakti EV Mobility. With this investment, the company’s total investment in the EV subsidiary has increased to INR 800 million.
The latest investment will fund the subsidiary’s launch and expansion. Shakti EV Mobility manufact....

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