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DCM Engg. to set up new plant in southern state

LUDHIANA: The Punjab-based DCM Engineering is planning to set up a new unit in southern India with a proposed investment of Rs. 200 crore within the next two years. "We will select one state out of Tamil Nadu, Karnataka and Andhra Pradesh for setting up our new manufacturing facility of an annual capacity of 50,000 tonne of castings,'' according to Keshav Sachdev, Managing Director of the company.

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