Chennai:
At a time when every other domestic industrial group has been chalking out major
investments in India and overseas, the multi-million dollar Hinduja group has
been reluctant to talk about its diversifications. However,
this is set to change. "We will start investing in sunrise sectors like real
estate, healthcare and insurance," says Dheeraj Hinduja, president, Hinduja
Group. According
to him, the group is holding discussions with some overseas insurers for launching
insurance business in India. "We
have good expertise in running hospitals," he says referring to the 351-bed
Hinduja Hospital in Mumbai. However he declined comment further on the business. The
group plans to invest around $1.5 billion in new ventures over the next 7-8 years,
says Prabal Banerji, group president finance and group CFO. The
Hinduja group is has business interests in automotive, banking, finance, energy,
chemicals, media, entertainment, IT, ITES, real estate, investment banking and
international trading.
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