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Nippon Piston Ring will invest one billion yen (US$8.9 million) to raise valve seat output by 30 percent at its factory in Karnataka, India, as car and motorcycle production ramps up. The 8,000 sq m facility can reportedly produce around 3 million valve seats per month.
“In order to increase output of valve seats by 30 percent in India, Japanese manufacturer Nippon Piston Ring will invest one billion yen (US$8.9 million).”equipment-news.com
Summarized from public sources; check the original articles before acting on it.