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Bonfiglioli plans 2nd plant in Chennai
Bonfiglioli India, a wholly-owned subsidiary of Italy-based Bonfiglioli Group, is planning to set up its second manufacturing plant at Mannur near Chennai with an investment of around Rs 150 crore. The company, which is into production of gear boxes, gear motors and various drive solutions, has so far invested around Rs 500 crore in India. It is planning to invest further in the country in future,
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