Economy & Market

My Home keen to acquire infra firms

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My Home Group, founded by Telangana industrialist Jupally Rameswar Rao with interests in real estate, construction, cement and power, is looking at various stressed infrastructure firms across the country that are now on the block to acquire them. The Hyderabad-headquartered group, which in 2013 bought Sree Jayajothi Cements from Shreeram Group for Rs 1,400 crore, is exploring buyout opportunities in both construction and cement sectors in the north, east and western regions to consolidate its position. In an interview with the Economic Times, group chairman Rao said his group is busy fine tuning designs to build an integrated global smart city at Shamshabad.

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