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Article: NK Minda Group to invest Rs 1,000 crore in next 2-3 years.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- September 3, 2008
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NK Minda Group to invest Rs 1,000 crore in next 2-3 years
New Delhi, Sep 3 (PTI) Auto components manufacturer NK Minda Group is planning to invest up to Rs 1,000 crore in the next two to three years for expanding its current business and acquisitions in overseas market.
The group is aiming a turnover of Rs 3,000 crore by 2010-11 as it looks for acquiring two companies in European and US markets.
"We will invest up to Rs 1,000 crore in the next two to three years in expanding our business through both organic and inorganic routes," group company Minda Industries Ltd Chairman and Managing Director Nirmal K Minda told PTI on the sidelines of ACMA ...