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Herrenknecht AG India acquired 12.4 acres in North Chennai for over ₹50 crore to set up a new manufacturing plant for tunnel boring machines, expanding its existing Chennai operations. The land acquisition was advised by JLL.
“Herrenknecht has achieved 70 per cent of localisation in the last 15 years and manufactures 10-12 metro-sized TBMs every year.”thehindubusinessline.com
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