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Tenneco Clean Air India is evaluating mergers and acquisitions to diversify beyond automotive into industrial markets including rail, aerospace, and defence, as well as powertrain-agnostic automotive products. The company has a growing order book exceeding INR 16,500 crore.
“We are looking for related diversification. We are also looking for unrelated diversification. There are inorganic M&A opportunities that we are looking at.”autocarpro.in
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