Engineering major Larsen & Toubro today said it was planning to set up a $250-million (about Rs 1,130-crore) fund for infrastructure projects in India.
The company is looking for foreign partners and will finalise a deal in a couple of months.
“We are planning to set up $250-million infrastructure fund and we are looking for foreign partners. People are approaching us, and we expect the deal to be finalised in a couple of months,” L&T CFO Y M Deosthalee said.