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Man Industries to invest Rs 6 billion in new facility in Saudi Arabia
Industry News- Aug 14,24
The new facility is expected to significantly boost MAN Industries' operational capacity and support its growth strategy in the Middle East.
Man Industries has announced plans to invest Rs 6 billion in establishing a new manufacturing unit in Saudi Arabia. This investment reflects the company's commitment to expanding its global footprint and enhancing production capabilities.
The new facility is expected to significantly boost Man Industries' operational capacity and support its growth strategy in the Middle East. The investment aligns with the company's broader goals of increasing production efficiency and meeting rising demand in the region.
This move marks a strategic expansion for Man Industries, aiming to leverage the growing industrial opportunities in Saudi Arabia and strengthen its position in the international market.
(Upstox)
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