RPG Enterprises said it will invest Rs 14,000 crore over the next three years across sectors like power generation and transmission, retail, entertainment, and IT.

The power sector will account for the maximum investment at about Rs 8,000 to Rs 9,000 crore.

The company will be setting up power generation plant and transmission facilities in Jharkhand and Orissa.

The group will relocate its Ceat tyre manufacturing plant from Bhandup to a place outside Mumbai municipal limits that would free up 31 acres of land. The vacated land would be sold off in two phases, a top RPG group official said.

An unused seven acre portion of the land would be sold off first followed by the remaining 24 acres.

Read Next