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Russian Multinational Sistema to Enter into Indian Real Estate and Infrastructure
| February 11, 2008 |  (Be the first to rate this story!) Loading ... |
The largest chip makers of Russia, Sistema JSFC plans to enter into the Indian Real estate, hotels, hi-tech electronics, infrastructure and highway development.
Speakingg on the same President Goncharuk said ‘we are looking at major investments in various sectors, including real estate, hotels, infrastructure and building highways.’
These investments will be in addition to Sistema’s 51 percent stake in Indian telecom company Shyam Telelink, with whom it plans to launch a nationwide mobile services network, the report said. As per estimates the mobile foray alone may cost 4-5 billion usd by 2012.
News Published Under: Real Estate India |
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