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Infra.Market to acquire majority stake in Strata Geosystems

Shortpedia

Content Team
Image Credit: thehindubusinessline

Construction materials company Infra.Market is going to acquire a majority stake in Strata Geosystems for INR 9,100 Mn from the US-based Glen Raven Technical Fabrics. Strata claims to be an early entrant in the textile industry of India and has grown globally as a big name in the geosynthetic manufacturing industry.