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SoftBank Chief Says Will Surpass $10 Billion Investment Commitment For India

Masayoshi Son said SoftBank had already invested $2 billion in India.
Masayoshi Son said SoftBank had already invested $2 billion in India.

New Delhi: Japanese telecom and media group SoftBank's investments in India will top $10 billion in 10 years, the company's chairman Masayoshi Son said on Friday.

"I am going to surpass my commitment," Mr Son told the Hindustan Times Leadership Summit in New Delhi, referring to an earlier $10 billion commitment.

He said SoftBank had already invested $2 billion in India.

The company still needed to raise $30 billion for a $100 billion technology investment fund, Mr Son also said.

© Thomson Reuters 2016

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