Vodafone to invest £1bn in India

Vodafone Group will invest £1bn (€1.49bn) in India in the next few years, the Britain-based company’s chief executive said.

“We are committed to enhancing investments in India and in the next couple of years, we will invest $2bn US (£1.52bn) (€1.52bn) (towards capital expenditure),” Arun Sarin told reporters in New Delhi yesterday.