Commodities tycoon Anil Agarwal is planning to invest $10 billion through a new partnership targeting government privatizations in India.The billionaire is teaming up with London-based Centricus Asset Management Ltd to seek investments in Indian companies offering substantial growth opportunities, according to a statement on Thursday.
They will look to turn around companies being sold off as part of the country’s $29 billion disinvestment programme.Also Read | Covid curve slumping across IndiaAgarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse under the umbrella of Vedanta Resources Ltd.