Hindujas in pact with French companies

NEW DELHI: The Hinduja Group on Monday signed agreements with leading French firms for road infrastructure projects as well as development of solar energy in India.

The Group co-chairman G P Hinduja signed an agreement for a 50:50 joint venture for development of road infrastructure projects with France-based Vinci Group.

The joint venture is for acquiring small, local construction companies and put them together for road construction in India, Hinduja told PTI here after signing the agreement.

He, however, declined to name the companies which are on the radar for acquisition. Hinduja also signed another pact for joint development of solar energy for rural areas with a leading French company whose name he declined to reveal.