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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (3664)	2/6/1999 2:07:00 PM
From: Mohan Marette	of 12475

AMI (France) sets aside $150m for India Abhrajit Gangopadhyay -------------------------------------------------------------------------------- BANGALORE 5 FEBRUARY THE current economic meltdown in south-east Asia has prompted French infrastructure financing major AMI Advisory Private Ltd to look ''more emphatically towards India.'' The company has earmarked one-third of its $450-million corpus for investments in India. AMI is going in for a secondary replacement to add $300 million to its existing corpus of $150 million. The fund is close-ended and will expire by 2012. ''We will invest around $150 million in various infrastructure projects in India,'' said Mr Francois Bergere, deputy managing director of AMI. The company will invest a minimum of $10 million to any project that it undertakes, Mr Bergere said. ........ economictimes.com

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