European EPC major A&M Group enters India in JV with Oberoi Group
Leading European infra player A&M Development Group has inked a joint venture with the Delhi-based engineering and construction player Oberoi Group to enter the country.
The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group and will be formed as a consortium in association with the Nasdaq-listed American conglomerate Polaris Energy Resources.
The consortium plans to develop or construct mega projects in the country via the EPC and finance route and has set a target of garnering a $20 billion business here over the next few years, Oberoi-A&M Infra-Consortium India director Inderjot Singh Oberoi said.
