IDFC Private Equity will invest Rs 150 crore in Jaipur based Staragri Warehousing and Collateral Management. Staragri proposes to utilise the fund to expand its warehousing capacity to 30 lakh tonne in three years from the current 10 lakh tonne. The company will target to set up warehouses at taluk level in Tamil Nadu, Karnataka, Andhra Pradesh, Orissa and Chhattisgarh.
FlashNews:
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
The Corridor of Opportunity
The New Power Corridor
Collaborating Beyond Bricks and Steel
Home » IDFC PE to invest in Staragri
IDFC PE to invest in Staragri
Warehousing & Logistics
March 1, 2012March 1, 2012
Leave a Reply
You must be logged in to post a comment.