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GMM Pfaudler commenced manufacturing operations at a facility in Vatva, Ahmedabad, India, after acquiring the assets of HDO Technologies for ₹58.46 crore. The facility enhances heavy engineering capacity.
GMM Pfaudler emerged as the successful bidder to acquire assets of HDO Technologies Ltd, including land, building, plant and machinery, for ₹58.46 crore. The acquisition will enhance capacity in heavy engineering.