Gabriel India to invest INR2.5-3bn for capacity expansion in India
Company to spend INR700-800m this year
Gabriel India, part of Anand Automotive Group, will invest around INR2.5-3bn (US$53.4 - 64.1m, 3 September 2010) to raise production capacity in line with the increasing demand in India. The investment will span over the next three to four years on fresh capacity expansion, research and development (R&D), logistics and quality systems.
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