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Japan's Horiba targets 20 billion yen from India operations by 2028
Japanese precision instruments and testing systems manufacturer Horiba on Monday said it is targeting a revenue of 20 billion yen from its India operations by 2028, as the country emerges as an increasingly important base for its global manufacturing and research roadmap. The company, which is marking 20 years of operations in India, reported an annual turnover of about 15 billion yen in FY 2025, at an average annual growth rate of over 15 per cent. "Looking at our global businesses, India is p…
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