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LiuGong India Private Limited will build a new manufacturing facility in Pithampur, Madhya Pradesh, with an investment of approximately Rs 272 crore. The plant will have an annual production capacity of 6,500 construction equipment units, primarily excavators.
“The expansion by the Indian subsidiary of Guangxi LiuGong Machinery Co. Ltd., one of China’s leading multinational construction equipment manufacturers, marks a significant step towards establishing Madhya Pradesh as a major hub for construction equipment manufacturing.”kaleidonews.com
Summarized from public sources; check the original articles before acting on it.