Home » Tata Group firms mull Rs 700 bn worth projects in 5 yrs

Tata Group firms mull Rs 700 bn worth projects in 5 yrs

Tata Group firms mull Rs 700 bn worth projects in 5 yrs

In the next five years, Tata Housing, Tata Realty and Tata Projects would implement projects worth at least Rs 70,000 crore, media reports indicate.

In the coming years, various Tata Group companies would participate in sectors such as roads and highways, reports indicate. In 2013-14, these three firms are executing projects worth Rs 15,000-20,000 crore.

Tata Realty is looking for more growth through projects in airport development and urban transport, reports indicate.

Tata Realty and Infrastructure, a wholly owned subsidiary of group holding firm Tata Sons, is scouting for new highway projects to benefit from increasing investment in road infrastructure.

Under the National Highways Development Programme, the firm set up the 110-km Pune-Solapur four-lane project this year.

IVRCL sold three road projects to the firm last year. Now, it is looking at road projects worth Rs 7,500 crore in the next five years.

Leave a Reply