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Time Technoplast gets funding

CHENNAI: Funds managed and advised by Motilal Oswal Venture Capital Advisors Pvt. Ltd. (MOVCAPL) invested Rs. 19.5 crore in Time Technoplast, a leading producer of plastic drums used for bulk packaging of industrial goods. With manufacturing units at six strategic locations across the country, the company has launched several new products related to the healthcare, infrastructure and construction industries, says a release.

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