UPDATE 1-India Hinduja, Dubai World plan $1.3bln investment

Newswire

(Recasts, adds quotes, background) NEW DELHI, March 26 (Reuters) - Indian business group Hinduja announced on Monday investment plans of $1.3 billion in India and Dubai, on projects from real estate and commercial vehicles to healthcare services. Hinduja and Dubai World, a holding company that manages projects for the Dubai government, will form a joint venture that will invest in medicare services and related infrastructure mainly in India. "In the first phase, the firm will invest $1 ...

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