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Heavy equipment manufacturer TIL Limited approved the acquisition of a 60% stake in Tulip Compression Private Limited, marking its entry into clean-energy manufacturing. The deal gives TIL access to LNG and hydrogen powerpack manufacturing.
“Tulip's acquisition is a force multiplier in TIL 2.0 as it widens our product range and strengthens our presence across oil and gas and transportation sectors.”manufacturing.economictimes.indiatimes.com
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