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MDI Labs of Germany to invest Rs 150 cr in Indian subsidiary

Last Updated: Sunday, February 10, 2013, 23:36

"We have drawn up Rs 150 crore expansion plans over the next three years period, of which our German parent MDI will invest Rs 50 crore. We plan to install world-class automated machines and web-based software in 25 hospital labs across the country," MDI Laboratories India Director Devendu Mehta said in a statement.