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Landomus takes ad route to request PM for $500 billion investment


Landomus takes ad route to request PM for $500 billion investment
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SC asks banks to finalise proposals to finance unfinished Amrapali projects. Image Source: IANS News
New Delhi, May 24 : A relatively unknown US based company Landomus Group has announced a Build India programme under which it would like to invest $500 Billion in Equity as the first phase of the $2 Trillion investment.
This would be into the National Infrastructure Pipeline (NIP) and Non-NIP projects listed by the Government of India under the India Investment Grid for Invest India initiative.
Landomus announced this through a newspaper advertisement addressed to Prime Minister Narendra Modi. Eyebrows are being raised as to why ads are put out for investments into NIF addressed to PM Modi when there are well laid out channels for foreign and domestic investors. ....

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The $ 500 Billion Investment Offer through a Newspaper Ad!


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While India has spread a red carpet for investors, especially from overseas, there appears to be one investor, who used a newspaper advertisement to seek an appointment with prime minister Narendra Modi to invest $500 billion in India.
 
Pradeep Kumar S, chairman and chief executive of Landomus group, in the advertisement addressed to the PM, says, Landomus Realty Ventures Inc, US, would like to invest USD 500 billion in equity as the first phase of investment into the national infrastructure pipeline (NIP) and non-NIP projects listed by the government of India under the India investment grid for invest India initiative.  
 
As per the advertisement, Landomus Realty Ventures aims to make India a global destination by supporting the completion of NIP and non-NIP projects through its group of investors and developers.   ....

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Mystery US firm wants to invest $500 billion in India. Twitter laughs it off


Mystery US firm wants to invest $500 billion in India. Twitter laughs it off
Mystery US firm wants to invest $500 billion in India. Twitter laughs it off
A mystery US firm has expressed its interest to invest $500 billion in India. It has also made an appeal to Prime Minister Narendra Modi through a front-page ad in a prominent newspaper. However, many people on Twitter found the company s proposition hard to believe.
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UPDATED: May 24, 2021 14:37 IST
Landomus Realty conveyed its message to Prime Minister Narendra Modi through a front-page ad in a prominent newspaper. (Photo: landomus.com/Twitter)
A little-known US firm has claimed that it wants to invest $500 billion (over Rs 36 lakh crore) in India. The chairman of the firm has made an appeal to Prime Minister Narendra Modi to provide an opportunity to contribute to the ‘New India’ vision. ....

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