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Shanthi Gears to invest Rs 100 crore for expansion: Report

24 May 2016 Evaluate

Shanthi Gears is reportedly planning to invest Rs 100 crore for technology up-gradation, expansion and sales promotion activities over the next four years. The company was aiming at high-speed, high-precision gearing in the future and it would customise its products to suit the needs of customers. Moreover, the company is planning to set up customer service centres at four or five places in the country.

Shanthi Gears is the Coimbatore-based firm which manufactures wide range of power transmission products including gears, gear boxes, bear motors and assemblies.

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