Gopichand Hinduja, Chairman and CEO of the Hinduja Group of Companies, a conglomerate with assets exceeding $100 billion, met with Nigeria’s President, Bola Ahmed Tinubu, in New Delhi, India, on Tuesday, September 5th. During the meeting, Hinduja pledged to invest billions of dollars in Nigeria’s automobile industry.
President Tinubu, who arrived in India for a meeting, emphasized his focus on attracting investments to Nigeria, offering lucrative opportunities for investors, job creation for Nigerians, and new revenue streams for the government. He assured that there would be no obstacle too great to overcome in making Nigeria a conducive environment for profitable ventures.
Hinduja, in turn, commended Tinubu’s past efforts as Governor of Lagos in transforming a coastal erosion crisis into a thriving free trade zone. He expressed eagerness to collaborate with Nigeria’s new President to generate prosperity for the nation’s skilled population.
Hinduja praised Tinubu as a leader who understands and addresses systemic challenges, expressing readiness to sign an MoU and initiate investments, particularly in bus and automobile manufacturing.
Hinduja acknowledged previous bureaucratic delays but conveyed confidence in President Tinubu’s purpose-driven approach, hoping to turn Nigeria’s potential into reality for all its citizens.