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Shakti Pumps to invest Rs. 50 cr.

MUMBAI: Shakti Pumps (India) has decided to invest Rs. 50 crore for setting up a manufacturing facility at a special economic zone in Madhya Pradesh. The plant, with an annual capacity of one lakh units, would manufacture stainless steel submersible pumps of various types at the SEZ in Pithampur, Madhya Pradesh, the company informed the BSE.

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