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Ace Designers Limited has secured an investment of INR 12 billion from Kotak Alternate Asset Managers to expand its CNC machinery manufacturing capacity. The company plans to build a new production unit, modernise assembly lines, and expand its workforce.
“We are bullish on the Indian manufacturing theme and the Ace team, with its entrepreneurial and engineering first spirit, has been working on building India's manufacturing eco-system for the past 4 decades.”machinist.in
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