New Delhi, May 24
An obscure US-based firm with just 19 employees, USD 15 million in revenue and hosting just a one-page website wants to invest USD 500 billion in equity into India s National Infrastructure Pipeline (NIP).
Landomus Realty Ventures released statements via advertisements and on its website, stating it wants to invest USD 500 billion in equity as the first phase of the USD 2 trillion investment under Build India into the National Infrastructure Pipeline (NIP) and non-NIP projects listed by the government of India .
In the advertisement issued in leading newspapers, Landomous Group chairman Pradeep Kumar Satyaprakash said his group aims to assist the Government in its endeavour to rebuild India and achieve the USD 5 trillion GDP target .
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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.
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.
Landomus Realty Offers To Invest $500 Billion In India s Infrastructure Project ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
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