India Globalization Capital gained approval
for the acquisition of a controlling interest in two infrastructure companies. The web sites
for the Sricon infrastructure is
www.sricon.in
and for Techni Bharathi Limited is
www.technibharathi.in
Ram Mukunda CEO of IGC: 'The Indian government has articulated a plan to bring Indian
infrastructure to world standards. It expects this to cost around
$475 B over the next five years. As a US publicly listed company we
provide a unique opportunity to participate in India's infrastructure
growth.'