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Shakti Pumps has invested an additional **₹5 crore** in its wholly-owned subsidiary, Shakti EV Mobility Private Limited, increasing the total investment to **₹70 crore**. This capital injection aims to significantly expand Shakti EV Mobility's operations, which are focused on manufacturing electric vehicle motors and chargers. This move strategically strengthens Shakti Pumps' presence in the growing EV components market, allowing it to leverage its subsidiary's **₹128.57 crore** asset base to drive future growth and capture emerging opportunities in electric mobility.