Wanda aims to build $10b Indian city

The Chinese company has agreed with Haryana state to build a 13 square kilometre industrial project, with joint-oversight.

Wanda aims to build $10b Indian city

Dalian Wanda Group has agreed to spend $10 billion to build an industrial city in Haryana state in northern India, adding to the conglomerate's growing list of outbound projects as it presses on with diversifying its revenues.

In a press release on Friday, Dalian Wanda said that in a memorandum of understanding signed with the Haryana state government it committed to develop a “world-class comprehensive industrial park dubbed Wanda Industrial New City.

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