Aegis plans Rs 400 crore (US $ 89 million) expansion
SOURCE: EconomicTimes
DATE: March 5th, 2010
The Ruias of Essar will invest nearly Rs 400 crore in rolling out the first batch of Aegis campuses in India. The new campuses will be sprawling tech parks housing BPO units, entertainment facilities, gyms, swimming pools and residential complexes.
“The Aegis management has decided to invest in four campuses in the first stage. Investment in each campus could be close to Rs 100 crore. We are looking at places like Coimbatore, Ahmedabad, Vadodara, Delhi, Noida, Gurgaon and some eastern locations too to evolve a countrywide grid.
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