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LMT Toolas set up manufacturing facility in Chakan

LMT Toolas, a Germany based precision tools manufacturer has set up a manufacturing facility in Chakan in Pune. The company has invested around Rs. 4000 million towards the project. Besides catering to domestic market, the company will export 60% of its produce to Europe and Chinese markets. Currently, the company supplies to Bajaj, TVS, Hero Motors, Honda and also to some passenger car manufacturers.

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