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Steelbird International is investing Rs 40 crore in a new 40,000 sq ft facility in Pant Nagar, Uttarakhand, to produce air filters and rubber parts for two-wheelers, increasing daily capacity from 60,000 to over 100,000 units.
“The time right now is rather scary for conventional players in the automotive business, but the next three to five years are still going to see an upward trend.”motownindia.com
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