Jindal Worldwide, the fabric and garments maker, which also offer variety of bed sheets, has acquired shares of Balaji Realty and now owns the company.
In the next five years the company plans for an expansion of Rs5 billion. To date the company has invested Rs2.5 billion for capacity expansion.
Jindal Worldwide announced its plan for diversification into infrastructure projects, and to enter the real estate business and develop mega commercial complexes.
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