Friday, March 29

Tag: HT Summit

Will Surpass $10 Billion Investment Commitment For India: Masayoshi Son
Entrepreneurs Talk

Will Surpass $10 Billion Investment Commitment For India: Masayoshi Son

Positive on India's prospects, Japan's SoftBank today pledged that it will "surpass" the stated commitment of investing USD 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. "We have already invested USD 2 billion in last few years... we will surpass my commitment of investing USD 10 billion," SoftBank Chairman and Chief Executive Masayoshi Son said at the HT Leadership Summit here. He further said SoftBank is investing in areas like solar power generation and "lots of Internet-related companies". "We continue to expand on that," said the high-profile businessman, who made headlines earlier this year when he decided to continue as the head of SoftBank instead of handing over the baton to India-born Nikesh Arora. SoftBank in...