Embassy group in new AVATAR !!! POWERFUL BACKING !!!

The Bangalore based Embassy Group has entered into a new joint venture with private equity firm Warburg Pincus to build warehouses across the country and it is said the investment is around Rs.1,600 Crores and the investment in a new area of real estate in India, under the name and style of  Embassy Industrial Parks, includes equity investment of $175 million from the New York-based company and $75 million from Embassy.

The group is said to have a good backing and blessing of powerful rich politicians.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s