Japan’s biggest auto-supplier Denso Corp. is to invest Rs.4.1 billion (US$90 million) in a site near New Delhi, India, over the next five years.
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According to Denso president and chief executive Hiromu Okabe, around Rs 3.4 billion is to be invested this year.
The company, which has become a key supplier to the Indian Government and Suzuki joint car making venture Maruti Udyog, wants to expand rapidly in vehicle telematics and says India is the ideal place for this.
