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ru24.net
Economictimes.indiatimes.com
Август
2024

Samvardhana Motherson shares climb 6% on joining Apple’s supply chain network

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Samvardhana Motherson's shares increased by 5.5% as the company announced plans to join Apple's supply chain in India, partnering with BIEL Crystal Manufactory. They intend to build a new manufacturing facility in Tamil Nadu with an investment of Rs 2,000-2,500 crore. This move is part of Motherson's broader strategy to diversify beyond auto components.



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