Close X
Saturday, November 30, 2024
ADVT 
International

Two Billionaire NRIs Offer To Build 1,200 Houses In Nepal

Darpan News Desk IANS, 03 May, 2015 01:10 AM
    Two billionaire NRIs have offered to build 1,200 earthquake-resistant houses in quake-affected villages of Nepal immediately, Nepal's embassy in London has said.
     
    Mukesh Kumar Sehgal, managing director of Britain-based SISMO Company that is well known for its building technology, met Nepal's Acting Ambassador to Britain, Tej Bahadur Chettri, on Friday and offered to build 1,000 quake-resistant houses in Nepal, according to the embassy.
     
    Sehgal told Chettri that his company was experienced in building houses with new technology and if the Nepal government accepted the offer, he would start construction of houses in remote areas of Nepal that have been severely hit by the April 25 earthquake in the Himalayan nation.
     
    "Initially we will construct temporary houses so that affected people can be relocated," he told Chettri. "Later once debris is cleared, we will build the new settlement."
     
    Sehgal mentioned that his company was not promoting itself but wanted to help Nepal in this moment of crisis.
     
    Similarly, another billionaire NRI, Shree Prakash Lohia, also offered to build 200 houses in quake-ravaged villages of Nepal through his Lohia Foundation.
     
     
    He also met Chettri in London and made the offer, said the embassy. Experts in building quake-resistant buildings would construct the houses in 90 days, he told Chettri, adding that if Nepal gave the green signal his foundation would start working from May 30. Chettri told Lohia he would consult the authorities in Nepal and revert back to him, said the statement.
     
    Before shifting from India to Britain, Lohia's father had run Ashok Textile in Biratnagar in Nepal, it said. 
     
    Lohia, 62, now has businesses in 24 nations. With a personal worth of $4.4 billion, Lohia is founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.

    MORE International ARTICLES

    Modi Seeks Strong Partnership Between Indian Lion, German Eagle

    Prime Minister Narendra Modi on Tuesday wooed German business, assuring an open and stable environment in India to give a fillip to his 'Make in India' initiative, and said there could be a strong partnership between India's Lion and Germany's Eagle.

    Modi Seeks Strong Partnership Between Indian Lion, German Eagle

    European Parliament, Belgium To Host Yoga Events, Sri Sri Ravi Shankar To Lead

    European Parliament, Belgium To Host Yoga Events, Sri Sri Ravi Shankar To Lead
    Sri Sri Ravi Shankar will lead a special yoga event in the European Parliament (EP) in Brussels on April 21 following efforts in this regard by Indian Ambassador to the EU and Belgium, Manjeev Singh Puri.

    European Parliament, Belgium To Host Yoga Events, Sri Sri Ravi Shankar To Lead

    Vandals Deface Glasgow Gurdwara With Islamophobic Graffiti And Nazi Swastika

    Vandals Deface Glasgow Gurdwara With Islamophobic Graffiti And Nazi Swastika
    A gurdwara in the largest city of Scotland has been defaced by vandals with the words "No Shariah" and a Nazi symbol, a media report said on Monday.

    Vandals Deface Glasgow Gurdwara With Islamophobic Graffiti And Nazi Swastika

    Indian-American Entrepreneur Frank Islam Invests In The Future Of India

    He was born in Azamgarh, Uttar Pradesh, shifted to the US when he was just 15 and now lives in a 40,000-square-foot mansion that has a five-bedroom guest house and a backyard tea house along with reflecting pools on nine acres in Potomac, Maryland, a house that took six years to build.

    Indian-American Entrepreneur Frank Islam Invests In The Future Of India

    India Is Better Country Today For Foreign Investors: Modi

    India Is Better Country Today For Foreign Investors: Modi
    Prime Minister Narendra Modi, who has invited global companies to invest in India, continued his pitch at the grand industrial fair here on Monday, this time listing what exactly makes the country an attractive destination.

    India Is Better Country Today For Foreign Investors: Modi

    Britain's Labour Party Manifesto Ignores India

    Britain's Labour Party Manifesto Ignores India
    The British Labour party manifesto released on Monday makes no mention of India and speaks of stricter policy on immigration.

    Britain's Labour Party Manifesto Ignores India