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German conglomerate Grob received clearance from Andhra Pradesh's Industries Department to establish a high-precision aircraft parts manufacturing unit at Gudipalli in Anantapur district, with an investment of ₹300 crore.
GROB acquired 100% of shares in DMG meccanica, an Italian manufacturer of machinery and plants for producing stators for electric motors, to strengthen its capabilities in electro mobility.
| Site | Largest | Latest |
|---|---|---|
| Gudipalli, India | $41.0M | 2018-10-05 |