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Schwing Stetter India plans a ₹400 crore expansion cum greenfield project on 40 acres near its existing Cheyyar facility in Tamil Nadu, to raise production capacity and start manufacturing new products such as XCMG loaders and motor graders.
“The Tamil Nadu government has started the preparatory process for alloting land for German concrete equipment manufacturer Schwing Stetter India’s (SSI) ₹400 crore expansion programme at Cheyyar.”thehindu.com
Summarized from public sources; check the original articles before acting on it.