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South Korean auto parts makers plan Rs 1,370 crore investment in Tamil Nadu - The Economic Times
South Korean automotive component manufacturers Hwashin Automotive India and Seoyon E-Hwa Summit Automotive India have proposed investments. They plan to invest a total of ₹1,370 crore in Tamil Nadu over the next five years. Hwashin Automotive intends to invest ₹850 crore in research and development, while Seoyon E-Hwa plans ₹520 crore in technology upgrades. These investments target expansion and modernization to support Hyundai Motor India and other automakers.
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