Indian supplier Rane Group to invest USD20 million in US subsidiary
Investment to be made through Rane (Madras) International Holdings B V
The board of directors of Indian auto components manufacturer Rane (Madras) Ltd. has approved investments of up to USD20 million in its step-down subsidiary Rane Precision Die Casting Inc., USA (RPDC) over the next five years, according to a company’s regulatory filing on 21 March
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