Business

Indian Billionaire, Hinduja pledges investment in Nigeria’s automobile manufacturing

Gopichand Hinduja, the Chairman and CEO of the Hinduja Group of Companies, a conglomerate with a total asset portfolio exceeding $100 billion met with President Bola Ahmed Tinubu in New Delhi, India on Tuesday, September 5 and pledged to invest billions of dollars in Nigeria’s automobile industry.


According to a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, Hinduja was received by the President within 90 minutes of the President’s arrival in India for a meeting, which began around 8:00 pm local time.


Tinubu told Hinduja that he is in India with one focus: attracting investments to Nigeria with lucrative opportunities for investors, but most essentially, jobs for Nigerians and new revenue opportunities for Nigeria’s federal and sub-national governments.