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Demand for drives is linked to levels of automation

Heating, ventilation, air conditioning, and refrigeration (HVAC&R) continues to be the largest industry for LV motor drives. The sector is nearly twice the size of the next largest.

Fontana and Bagla JV for fasteners business

Fontana Gruppo, Italy and Bagla Group have signed definitive agreements to enter into a strategic partnership for the fasteners business in India.

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