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NLMK to invest Rs 10 billion in AURIC

NLMK to invest Rs 10 billion in AURIC

Novolipetsk Steel (NLMK) is keen on investing Rs 10 billion for setting up a unit at Aurangabad Industrial City (AURIC). Along with Russia’s manufacturer’s of high-quality steel products, companies from China and Japan have also shown interest in investing Rs 12.5 billion in setting up their facilities at AURIC, informed Gajanan Patil, General Manager, Maharashtra Industrial Development Corporation (MIDC).

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