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Guangdong Meizhi Compressor (GMCC), a Midea Group company, is setting up its first compressor manufacturing facility outside China at Supa Parner Technology Park in Maharashtra. Midea plans about INR 1,350 crore of investment there and expects operations to begin in 2020.
“Midea Group also earmarked an estimated investment of ₹1,350 crore over the next five years at the Technology Park at Supa Parner in Maharashtra.”thehindubusinessline.com
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