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Economy News
 
Modi's Make in India may get $6 billion cheque from Lotte, Peugeot
23-Nov-2017

South Korean conglomerate Lotte Group and French automotive group Peugeot SA have discussed proposals to invest as much as $6 billion combined in India, a move that would boost Prime Minister Narendra Modi’s attempts to attract foreign capital in Asia’s third-largest economy, a person with direct knowledge of the matter said.Lotte may invest between $3 billion and $5 billion in the next five years, the person said asking not to be identified as the proposals are preliminary.

News Source:- https://economictimes.indiatimes.com/news/economy/finance/modis-make-in-india-may-get-6-billion-cheque-from-lotte-peugeot/articleshow/61764225.cms