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Greaves Cotton, an Indian engineering firm has acquired Coimbatore-based Ampere Electric. The engineering firm has paid Rs 77 crore to acquire 67 per cent of Ampere Electric.
Ampere Vehicles, a Coimbatore-based electric vehicle company has launched two new products for the Indian market. The Ampere V48 and the Red Li-Ion have been priced at Rs 38,000 and Rs 46,000 respectively.
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