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Ricoh India, a subsidiary of the $19-billion Ricoh Company of Japan is likely to spend around Rs 250 crore in India in order to expand business. Out of this, it will invest around Rs 20 crore in its Gandhinagar facility. The company will arrange major part of these funds from internal financing.

Ricoh India is a leading global player in the area of imaging solutions like Digital Plain Paper Copiers, Colour Plain Paper Copiers, Colour & Mono Lazer Printers, Fax machines, Thermal paper etc. The firm had clocked revenue of Rs 633 crore in the 2012-13 fiscal.

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Company Name CMP
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Thermax 2726.15
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