Vinci Group subsidiary Eurovia has bought Indian construction and public works firm NAPC as part of its ambitions to establish a presence in the country.
NAPC is based in Chennai, in the state of Tamil Nadu, and is mainly active in construction, earthworks and civil engineering, plus the development of industrial zones and airport platforms.
NAPC is part of the consortium building the Chennai ring road project. Founded 60 years ago, NAPC reported revenues in 2011 of 600 Crores of rupees (£75.4M).
Vinci said Indian markets offered “ interesting growth prospects” linked to the country’s economic “dynamism”.