GMR Infra to divest large part of non-core assets; betting big on land monetisation

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NEW DELHI: GMR Infrastructure is working on disinvestment of non-core assets including land and hopes to yield “significant value” even from 50 per cent of land monetization, according to a document. The airport-to-port conglomerate in an investor presentation said land at strategic industrial locations will benefit from the possible manufacturing dislocation from China. “Plan is … Read more