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COELME-EGIC (Italy & France) and Southern States (USA) entered a strategic joint venture with iSAT India, with CoelmeEgic acquiring a minority equity stake. The venture will localize manufacturing of high-voltage switching systems in India, and iSAT is expanding its Haridwar facility with a new 30,000 sq. ft. unit.
“This collaboration aligns strongly with the Government of India's Make in India and Aatmanirbhar Bharat initiatives.”business-standard.com
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