ISTANBUL: India's GMR Group, which has bagged an airport modernisation project in this Turkish city, will come out with a strategy in a couple of months on how to go about overseas operations, comprising airports and power.

"We are working out our strategy for international business. In a couple of months, we are coming out with a strategy, which countries we will work, which areas to work, whether to go with partnership or not,"GMR Group Chairman G M Rao said.

A strategy is needed in international business because the group wants to create value for stakeholders, Rao said, adding that it has already appointed Ranjit Murugason as CEO of International Business Division, based in London.

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Posted by dcjaya at May 11, 2008 1:21 PM