The $2 billion Hinduja group in India is restructuring existing businesses and adding new verticals.Subir Raha, executive vice-chairman of Hinduja Group India that represents the promoters’ interest in India, said the plan was at the conceptual stage and would crystallise over the next three-four months.
The Hinduja group's businesses in India cover banking and financial services, media and entertainment, healthcare, real estate, power and energy.
Raha said the group could add new verticals to its existing portfolio. “Real estate is a huge opportunity,” he said. The group has a land bank of around 1,000 acre spread across the metros.
Similarly, healthcare, run by the Hinduja foundations could be leveraged into a profit-earning healthcare business. The first such initiative - a 350-bed hospital - is already under way, Raha said.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment