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Rane Madras LTD invests 31 million dollars in its first plant in Mexico
Cluster Industrial | December 04, 2023 |

The Indian company Rane Madras LTD in Aguascalientes announced the investment of 31 million dollars, thus establishing its first plant and consolidating the entity's position as a competitive center of global excellence in the automotive industry.

The initial investment of five million dollars, with a final projection of 31 million, reflects Rane Madras LTD's confidence in the favorable conditions that Aguascalientes offers, highlighting aspects such as security, efficient logistics and the presence of highly trained personnel. The company's decision to invest in this region highlights the state's strategic vision to position itself in the most competitive global markets.

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Governor Tere Jiménez expressed her enthusiasm in this regard, noting that 'our state seeks to expand its participation in the most competitive markets globally, because we have the capacity to occupy the place we deserve as development potential in Mexico and the world.'

The arrival of Rane Madras LTD not only implies a significant injection of investment, but also the creation of jobs that will strengthen the local economy.

The new plant in Aguascalientes will be integrated into a global network of 28 facilities distributed in India and the United States, said Harish Lakshman, vice president of the Rane Group.

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With this announcement, Aguascalientes consolidates its position as a hub of industrial development and reinforces its commitment to attracting foreign investments. The setting up of Rane Madras LTD will not only diversify the region's offering in the automotive sector but will also enhance the state's competitiveness in the international market.

In Solili you can consult industrial warehouses in Querétaro and Guanajuato

Original note 

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