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Godrej Aerospace plans to invest ₹250 crore to build a new facility at Khalapur, Maharashtra, for defence and aerospace manufacturing, expected to be completed in three years. The company also set aside ₹100 crore for R&D over the next two years.
“We are putting up a facility for defence and aerospace products at Khalapur, which is about 62 km from Mumbai with a land size of more than 300 acres.”thehindubusinessline.com
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