GE keen to invest in Bengal infrastructure projects
Tuesday, 04 September 2007, 19:30 IST
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Kolkata: GE Equipment Services, the US-based diversified services, technology and manufacturing company, has evinced interest to invest in West Bengal's infrastructure sector. "We are looking at opportunities in certain keys areas like port development, road infrastructure, railway and power," GE Equipment Services president and CEO (Europe) Alan Juliano told reporters here at the state secretariat Writers' Buildings Monday. Juliano met Chief Minister Buddhadeb Bhattacharya and discussed future opportunities for investment in the state where GE Equipment Services can participate. He said the company is also targeting to grow its asset base to $8 billion by 2010 in India. GE Equipment Services has already acquired 15 percent stake in Kolkata-based Titagarh Wagons Ltd, which supplies wagon to Indian Railways.
Source: IANS
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