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Murugappa Group to invest Rs.150 crore at Singur

Monday, 26 Nov 2007
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Murugappa Group is planning to make components for Tata Motors' small car project at Singur in West Bengal.

The group will invest Rs.150 crore to make door panels for the small car project and an investment of around Rs.25 crore will be made by group company Tube Investments India (TI India).

TI India is likely to begin construction work by mid-December 2007 for the project and has acquired six acre from the West Bengal Industrial Development Corporation on long term lease. Work on the project is scheduled for completion by October 2008.

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