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German Luxury car manufacturer Mercedes-Benz India today said it will invest Rs 150 crore over the next 18 months to expand its retail network in the country, besides hiring 200 people for its R&D facility in Bangalore by next year-end.story continues below>
''We plan to invest Rs 150 crore in the course of next 18 months along with our retail partners to expand the company's retail reach,'' Mercedes-Benz India Managing Director and CEO Wilfried Aulbur told reporters here.
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