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Hinduja Foundries ups turnover

Hinduja Foundries, the foundry arm of Hinduja Group, registered a 14% growth in turnover for six months ended September 30, 2008.

For Q2 2008-09, the company registered a turnover of Rs120 crore as compared to Rs111 crore for the corresponding period last year.

Despite the general slowdown in the auto sector and more pronounced in the commercial vehicle segment, the company is going ahead with plans of ramping up production at its Sriperumbudur plant.

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