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Orion Kikai will take a 70% stake in a new vacuum pump manufacturing and sales joint venture in India with its distributor Kumark Vacuum Systems, which holds 30%. Orion will invest 200 million yen, and the company will be established in April 2026 for local assembly of pumps.
“新会社はオリオンが70%、現地代理店のクマルク・バキューム・システムズが30%出資する。”nikkei.com
Summarized from public sources; check the original articles before acting on it.