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Pitti Engineering bagged orders worth ₹500 crore from GE India for supply of traction motor related products for Indian Railways, to be supplied over 10 years.
Pitti Engineering plans to invest ₹90 crore over two years in the second phase expansion of its Aurangabad plant, increasing capacity from 26,000 tonnes of electric laminations and 36,000 hours of machining. The company also announced orders worth ₹500 crore from GE India.