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KPIT Technologies Limited is an Indian multinational corporation which provides engineering research and development (ER&D) services to automotive companies. The company is headquartered in Pune and has development centers in Europe, USA, Japan, and China, apart from India.
Retail Investors - 24.5%; In 1996 Cummins Inc. bought Kirloskar shares. Now it is a Cummins Inc. subsidiary. As of 2013, the Cummins group had revenues over $1.5 billion, 20 factories and 9000 employees in India. Cummins conducts a significant part of its R&D in India at the Cummins Research and Technology centre that was established in 2003.
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The name change was successfully completed and launched on March 30, 2011. On February 22, 2022, Cummins announced to acquire Meritor for $3.7 billion. [5] The acquisition closed on August 3 of that year. [6]
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Despite solid performance domestically, the engine maker hit some headwinds overseas.
He then took an internship at Cummins, joining the company full-time in 1993. During this time he held a variety of roles, including product manager of Fuel Systems Plant, then managing 60-member staff. [4] Since 2012, Linebarger has served as chairman and chief executive officer of Cummins.
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