Home / India News / Welspun Group chairman says to invest 20 billion rupees to set up SEZ in Gujarat

Welspun Group chairman says to invest 20 billion rupees to set up SEZ in Gujarat

Reuters GANDHINAGAR

Last Updated : Jan 11 2017 | 12:42 PM IST

GANDHINAGAR (Reuters) - Welspun Group will invest 20 billion rupees to set up a special economic zone in Gujarat, chairman B K Goenka said on Wednesday.

The group will double its revenues to $5 billion in five years, Goenka added.

(Reporting by Promit Mukherjee)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

Asia shares recover losses, markets await Trump news conference

Gold holds near 6-week peak on safe-haven demand

PREVIEW - India inflation seen cooling in December as cash crunch hit demand

China's HNA extends reach to NZ with $460 million asset finance firm purchase

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 11 2017 | 12:20 PM IST