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Piramal to invest Rs 5K cr on funding construction projects

Industry Construction

According to Khushru Jijina, Managing Director, Piramal Fund Management, the company is planning to invest up to Rs 5,000 crore till March 2016 to finance construction projects. The funds would be utilised to finance projects across five cities, including Mumbai and Delhi NCR, and in future would also look at going to smaller cities like Jaipur, Nagpur and Ahmedabad.

Extracted from BS, Feb 24,’15

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