( MENAFN - ForPressRelease) Vincitore Group, led by founder Saubhagyaa R. Swain, has announced a significant investment plan of USD 4.75 billion for the fiscal year 2024-25.
This investment marks a 55% increase from the USD 5.98 billion spent in FY24. The funds will be allocated across various sectors, with 40% dedicated to renewable energy projects and the remaining 60% supporting construction, cement, pharmaceuticals, textiles, fashion, and road infrastructure.
The group's strategy aligns with a broader goal of investing USD 13.16 billion over the next 7-10 years to drive exponential business growth. Vincitore's financial health is robust, with strong EBITDA growth and decreasing net debt.
The group's substantial focus on sustainability and innovation is evident in its ambitious plans, including the development of the world's largest renewable park across France, Brazil, and Saudi Arabia. Vincitore Group, founded by visionary entrepreneur Saubhagyaa R. Swain, is set to make a substantial strategic move in the fiscal year 2024ï¿1⁄2 -25.
The group has announced an ambitious investment plan, allocating over USD 4.75 billion to its diverse portfolio, which includes sectors like construction, energy, pharmaceuticals, commodities, cement, and textiles. This decision is part of Vincitore Group's long-term strategy of channelling USD 13.
16 billion over the next 3-5 years to foster exponential business growth. The projected capital expenditure (capex) for FY25 represents a 55% .
