Schaeffler India signs MoU to expand production for transmission components and systems

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Greenfield expansion MoU signed to increase production over four years

Schaeffler India Limited signed a Memorandum of Understanding (MoU) with Guidance, the nodal agency for the Government of Tamil Nadu (GoTN) for an investment to expand its production footprint in the state of Tamil Nadu, India, the company said in a press release on 23 November.

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