Parsvnath Developers is planning to
invest around Rs.60,000 crore ($15 billion) in next five years in industries
like SEZs, airports, express ways and retails business.
The company is planning to bid for
upcoming airports such as Udaipur, Greater Noida, Maharashtra and other states.
It will focus on development of SEZs, hotels, highways, retail and telecom, and
has 191 million sq.ft of developable area, including six SEZs.
Parsvnath is also believed to be in
talks with two French majors Carrefour and Club Casino to set up retail chains
in India. The company owns over 14 million sq.ft of land for retail business in
48 cities.
Also See:
Parsvnath
Developers bags Rs.90 crore Sai Ashram contract (07-Jan-08)