17 February 2017
The Economic Times
Ranchi: Aditya Birla Group Chairman Kumar Mangalam Birla today committed Rs 5,000 crore investment in Jharkhand in various sectors including mining.
"Till now we have made investment of Rs 5,000 crore in Jharkhand... Looking forward, we plan to invest another Rs 5,000 crore in the next few years. Out of this, Rs 1,500 crore has been earmarked," he said at the Momentum Jharkhand, a global investors' summit here.
The group will actively participate in the future mines auction of bauxite and coal, he said. As and when the state government open mining for iron ore, he said, the group will participate in that.
In the services sector, the group plans to expand both in telephony and financial services.
Birla also revealed that the group firm Idea Cellular will invest Rs 1,000 crore for 1,500 3G/4G mobile sites.
Dr. Pragnya RamGroup Executive President, Corporate Communications & CSRAditya Birla Management Corporation Private LimitedAditya Birla Centre, 1st Floor, 'C' WingS.K. Ahire Marg, WorliMumbai 400 030.
91-22-6652 5000 /2499 5000
Fax: 91-22-6652 5741/ 42
A US $43 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 120,000 employees, belonging to 42 different nationalities.
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