GNA to invest Rs 130 crore for expansion
GNA Group, the Hoshiarpur based manufacturer of automotive components is planning to invest up to Rs 130 crore for expanding its manufacturing capacity and to technologically grade existing units. The amount will be invested in phases over three years. The company is also eyeing overseas markets. The company has manufacturing facilities in Jalandhar and Hoshiarpur and is an original equipment supplier to automobile majors, besides having a strong presence in the replacement market.
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