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June 1, 2007

GE to set up $300-500mn India infra fund

Source: Business Standard

Press Trust of India / New Delhi June 01, 2007

Bullish on government's commitment in infrastructure development, global gaint General Electric (GE) on Thursday said it plans to set up a $300-500 million infrastructure fund.

"Sooner than later we will establish an infrastructure fund with $300-500 million, may be we can double that," Jeffrey R Immelt, chairman & CEO, GE said at the India Infrastructure Forum in New Delhi.

Full Story...

Posted by pichu at June 1, 2007 8:14 PM