Hinduja Group plans expansion in Africa

The Hinduja Group is planning to expand its businesses in African countries under the private- public partnership (PPP) model. The company intends to create business hubs in Kenya and in East Africa, in addition to the existing hubs in South Africa, Tanzania and Nigeria. The group will focus on partnerships with the governments of these African countries in areas covering transport, auto, lubricants, infrastructure and coal.
 
The group is also looking at expanding its businesses in Latin American countries and in India. It previously announced investments totaling US$30 billion over a five-year period for expansions, which are progressing on track. The Group’s Indian units include the commercial banking company, IndusInd Bank; the lubricants and specialty chemicals firm Gulf Oil; and the commercial vehicle maker Ashok Leyland. (January 28, 2013)