The Hinduja family is setting up investments of around fifty billion dollar (2 lakh crore rupees) in the subsequent 5 years in India and out of the country, led by a foray into oil and gas in Iran.
The closely held group, run by 4 billionaire brothers, is also scheduling big investments in real estate, automotives, power and infrastructure, mostly in India, Europe and West Asia.
Based in the UK, India and Switzerland, the Hinduja group does not divulge facts of its financial performance. However, total sales are expected at eleven billion dollar in fields ranging from oil to banking, real estate, media and entertainment, telecom and healthcare.
The prosperity of the two London-based brothers, Gopichand and Srichand, was estimated by the Sunday Times Rich List previous month at £6.2 billion, placing them the UK’s fourth-richest family.
Hinduja and ONGC are also planning to build a three lakh barrels-a-day oil refinery and a 7.5 tonnes-a-year liquid natural gas terminal in southern India.
The group has received clearances to build two thousand mega watt of generating capacity in Andhra Pradesh. In the coming decade, it plans to have a producing capacity of ten thousand mega watt at an investment of about ten billion dollar in the country.
The closely held group, run by 4 billionaire brothers, is also scheduling big investments in real estate, automotives, power and infrastructure, mostly in India, Europe and West Asia.
Based in the UK, India and Switzerland, the Hinduja group does not divulge facts of its financial performance. However, total sales are expected at eleven billion dollar in fields ranging from oil to banking, real estate, media and entertainment, telecom and healthcare.
The prosperity of the two London-based brothers, Gopichand and Srichand, was estimated by the Sunday Times Rich List previous month at £6.2 billion, placing them the UK’s fourth-richest family.
Hinduja and ONGC are also planning to build a three lakh barrels-a-day oil refinery and a 7.5 tonnes-a-year liquid natural gas terminal in southern India.
The group has received clearances to build two thousand mega watt of generating capacity in Andhra Pradesh. In the coming decade, it plans to have a producing capacity of ten thousand mega watt at an investment of about ten billion dollar in the country.