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DLF plans to invest Rs. 12,000 crore in M.P.

NEW DELHI: Real estate major DLF, which has renewed plans to tap the capital market with a mega initial public offering, is contemplating to invest up to Rs. 12,000 crore to develop various projects in Madhya Pradesh. DLF has submitted a bid to the State government for developing an industrial SEZ (special economic zone), which will incorporate plastic, chemical, automotive and IT companies, spread over 2,500 acre near Indore. The company also plans to develop a huge township close to the SEZ to house people working in the zone.

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