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TVS Motor Company signs MoU with Govt. of Tamil Nadu

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Capital Market

For investment of Rs 350 crore in existing plants on Hosur

TVS Motor Company has signed a MoU with the Government of Tamil Nadu. Under the MoU, TVS Motor Company will invest Rs 350 crore in its existing two wheeler and three wheeler plants in Hosur during the next three years. The investment will be mainly for development of new products and for capacity expansion.

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First Published: Sep 11 2015 | 3:33 PM IST

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