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Nord Drivesystems, the Indian arm of the Getriebebau Nord, the Euro 699 million German global leader in developing and manufacturing drive technology, which opened its third factory in Pune on Thursday is targeting 11 per cent growth to Rs 200 crore in its topline in December 2019 calendar year.

Germany's Nord opens third plant

The company has an installed capacity to produce 42,000 geared motors per annum.

22 Nov 2019 2:19 AM IST