ILACC, VPVV Techno Construction signs $10 bn agreement
The Indo Latin American Chamber of Commerce (ILACC) and VPVV Techno Construction have signed a $10 billion agreement at the Constitution Club of India. The deal focuses on large-scale investments in India
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Hyderabad: The Indo Latin American Chamber of Commerce (ILACC) and VPVV Techno Construction have signed a $10 billion agreement at the Constitution Club of India. The deal focuses on large-scale investments in India, targeting initiatives like the Industrial Corridor Development Program, Semiconductor Mission, and the Production Linked Incentives (PLI) Scheme, among others.The agreement signing ceremony was attended by Minister of State for Housing and Urban Affairs, TokhanSahu, alongside international dignitaries such as Lalatiana Accouche, High Commissioner of Seychelles, and Juan Angulo, Ambassador of Chile.
Raj Kumar Sharma, President, ILACC, said: “Today’s agreement is not just a financial commitment; it’s a strategic alignment reinforcing our dedication to India’s development goals. We are incredibly proud to partner with VPVV Techno Construction.”
Venkita Venkat, Chairman, VPVV Techno, said: “This partnership represents a major leap forward for both organizations. Through this agreement, we aim to support the nation’s infrastructural and defence capabilities to ensure sustainable growth.”
