Hinduja's $100 billion gamble on India

In 2014, the Hinduja group turns 100 years. The group, which has estimated worldwide revenues of $10 billion, with some 35 per cent of those coming out of India, wants to usher in the 100th year in style. The group is looking for some big ticket investments in Oil & Gas, Power, Infrastructure, Real Estate, Telecom & Healthcare.

If all these projects pan out, the Hindujas would end up pumping over $50 billion into the country or even more. The Hinduja group owns Ashok Leyland, Ennore Foundaries, Gulf Oil Corporation, HTMT Global Solutions and IndusInd Bank.

The Hindujas had made a bid of $20 billion when Hutch was put up for sale. But they were pipped at the end by Vodafone. Not wanting to miss out on the India growth story, they want to invest more than $50 billion which could even go upto $100 billion by the time the company hits a century.

Read a detailed article in Business Today about the Hinduja’s multi billion gamble.

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  • Eric Hundin

    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

    Eric Hundin

  • Allen Taylor

    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

    Allen Taylor

  • Sanjana

    Hinduja’s can play a great role in the development of the country. Their success and productivity will add on to the Indian economy. What do you think this huge investment is worth?

  • Liju Philip

    Of course a lot of jobs will be generated for sure. Some great infrastructure will be built. Overall a great push for the other companies that are sitting on the fence wondering if they should invest in India or not.