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Samvardhana Motherson Sumi Group to entry semiconductor space

Wednesday, 30 Mar 2022
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Samvardhana Motherson Sumi Group is eyeing to foray into the semiconductor space and is scouting for a global partner. 
 
The company has already acquired 300 acre on the outskirts of Chennai, Tamil Nadu. 
 
As part of its capex plan, the group plans to make an investment of USD one billion in the next three years.
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