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- by economictimes.indiatimes.com
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Hind Rectifiers to set arm for AI, Web3 solutions, expand Nashik facility
Hind Rectifiers expands its manufacturing capacities in Nashik, while planning a subsidiary for advanced tech in AI and Web3. The company's net profit for Q3 FY25 rose nearly six-fold driven by substantial order flows. Hind Rectifiers secured orders worth Rs 229 crore, including a Rs 73 crore contract from Indian Railways.