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Hinduja Foundries to set up new facility in Hyderabad

Hinduja Foundries Ltd is planning to set up a greenfield facility in Toopran in Hyderabad-Nagpur highway in Andhra Pradesh. The total project cost is estimated at Rs. 1700 million and will come up on 60 acres of land. The new unit will have a capacity of 48,000 tonnes. The company is also investing Rs.500 million towards optimization of its Sriperumbudur facilities.

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