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Hirschvogel Components India announced an additional foreign direct investment of ₹750 crore (approximately $90 million) at its Sanaswadi plant in Maharashtra to increase manufacturing capacity for electric vehicle parts. The MoU was signed during WEF 2026 in Davos.
“Hirschvogel Components India Pvt. Ltd., a German automotive components manufacturing company operating at Sanaswadi, has taken an important decision to make an additional foreign direct investment of ₹750 crore in Maharashtra.”tribuneindia.com
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