RedChip Featured Company: India Globalization Capital, Inc. (IGC)
India Globalization Capital, Inc. (IGC) is a construction and engineering company based out of Bethesda, Maryland. IGC has controlling interest in two India-based businesses, Sricon Infrastructure Private Limited and Techni Bharathi Limited, which form its company infrastructure. Interestingly, IGC is the only company listed and traded in the US with an India-only infrastructure. IGC was created to acquire operating businesses in India through mergers, capital stock exchanges, and asset acquisitions. The company focuses on three areas: civil construction and engineering of high-temperature cement and steel plants, mining and quarrying, and the construction of highways and other heavy construction. IGC retains…