Corporate Updates

Hindujas, DP World to invest Rs 200 cr in healthcare

Hinduja TMT Ltd, renamed as Hinduja Ventures, and its joint venture partner UAE’s DP World have announced plans to invest Rs 100 crore each to enter the healthcare sector. In March, Hinduja TMT and Dubai World signed a joint venture agreement for infrastructure development projects in India and the Gulf city. DP World is a subsidiary of Dubai World, a holding company owned by the Government of UAE. The healthcare investments it was announced, would cover all aspects of the industry such as research & development, diagnostic centres and real estate.

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