Infrastructure Development Finance
Co. (IDFC) plans to invest Rs.1,000 crore every year over a period of five years
on township projects, infotech parks, hotels, retail, and transport sectors.
The investment plans include:
- Participation in township and IT park
development of 300 acres across various parts of the country.
- Investment in hotel industry,
government guest houses and tourist homes.
- Participation in the development of
inter-nodal transportation infrastructure in railways and buses.
- Development of convenience stores
across petrol pumps throughout the country.
IDFC is also in talks with institutes
like IITs and IIMs for expanding their campuses.
Also see:
IDFC
Private Equity Fund II raises Rs.1,900 crore (07-Apr-06)