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Caparo group signs MoU with MP Govt.

LONDON: In an effort to further expand its operations in India, NRI Industrialist Lord Swraj Paul's Caparo group on Monday signed a memorandum of understanding with the Madhya Pradesh Government for setting up new manufacturing facilities in Pithampur in the State at an estimated cost of Rs 80 crore. The new facilities include sheet metal stamping unit, long member chassis unit and iron foundry and forging.

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