Several significant Indian investments in Romania are already in the pipeline. Lohia Group (Petking) would be investing $ 100 million in a PET film plant to be located at Constanta; Asmita S.A. will increase its investment in property development in Bucharest to $ 97 million by end 2006; Mahindra & Mahindra is a serious bidder for “Tractorul” Brasov; Apollo Hospitals may bid for Fundeni Hospital, Bucharest; and Mahindra Holidays was planning to invest in several tourism destinations in Romania, including at Eforie Nord on the Black Sea as well as a new Project at Fagaras in the Carpathians.
Press Information Bureau Government of India
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