Mexico's Homex Agrees to Alliance with Indian Builder Reuters go to original March 29, 2010
Mexico City - Mexico's Homex said on Monday it intends to partner with Indian construction company Puravankara on new public housing projects in India.
Homex has agreed to terms with Puravankara for a "future, nonexclusive strategic alliance to begin operations in the public housing segment," the Mexican company said in a stock exchange filing.
The first project being eyed will be in the metropolitan area of the city of Chennai, in southern India, Homex said. |