B K Modi
Modi Group plans Rs 6,000 crore investment in the next five years
Modi Group, formerly known as BK Modi Group, is planning to invest Rs 6,000 crore in the next five years in two real estate projects, its founder Bhupendra Modi said on Friday. Modi Group will invest Rs 4,000 crore to develop a health city in Saket, Delhi, he said. Besides, the group has also committed to invest Rs 2,000 crore in city development projects at Modipur in Rampur District of Uttar Pradesh. "In the Saket project, it would be a city and hospital and other projects, and at Modipur, we would have city development, where we would build an entire city. Then we have some more place to invest in," Modi said on the sidelines of an event. The group is also investing Rs 2,000 crore outside the country, Modi said, declining to share any information about that. "This would be a total of Rs 8,000 crore, which is around USD one billion," he said, adding that the group has also a presence and business interests outside India. When asked about the funding, he said it would be a mix o
 "Modi Group plans Rs 6,000 crore investment in the next five years")
B K Modi's company forays into enter electric vehicles
The group will manufacture electric buses and taxis for the Indian market through a technological tie-up with Hong Kong Stock Exchange-listed BYD
 "B K Modi's company forays into enter electric vehicles")
