India’s Birla and Godrej in global drive

Two of the largest family-run groups in India plan to invest billions of dollars worldwide as they seek to boost revenues by expanding in emerging marketsand by acquiring distressed assets of companies based in developed markets. Aditya Birla Group, India’s aluminium-to-retail and mobile telephony conglomerate, plans investments of $17bn globally, aimed at almost doubling group revenues to $65bn by 2015.

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