Sany Group plans $2 bn investment

Sany Group recently signed an MoU with the Gujarat Government to invest a staggering $2 bn over the next five years in five different projects, including development of a 1,000 MW wind energy project, another 1,000 MW of wind-plus-solar power generation project, setting-up facility to manufacture wind turbines, developing one small size smart city and setting-up a factory to produce pre-cast concrete for the mass housing projects and other real estate projects.