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US-based technology firm Katerra and offsite manufacturing company KEF Infra announced a merger to create KEF Katerra, with over $3.7 billion in bookings across North America and India. The combined entity will expand into the Middle East.
KEF Infra will set up a 250-acre park near Hyderabad, India, to house building and construction material manufacturing units. The company will invest Rs 650 crore in its own 50-acre plant as an anchor investor. The announcement was made on February 10, 2018.
| Site | Largest | Latest |
|---|---|---|
| near Hyderabad, India | $100.0M | 2018-02-10 |