Hinduja Group plans to invest $10 billion in unfinished Indian power plants and infrastructure projects which are non-performing assets with banks, and is keen in completing these state and banks funded projects but abandoned and now listed as bad loans, when the economy is picking up.
The group feels the United Kingdom government can its companies to finance and complete the construction of such projects and in return India can offer faster approvals and the prospect of operational power stations, roads and bridges within two years. By investing in NPA projects will drive growth in trade one or two years.
Gopichand Hinduja, Co-chairman, Hinduja Group of Companies, added that brownfield projects are the best way to show quick results. He also feels the Prime Minister shri Narendra Modi is also applying the same method by not getting into green field projects. He insists that Britain should support and seize this opportunity.