India Globalization Capital's Mining & Materials Segment Completes Preparation Needed to Export Iron Ore

U.S. Newswire, May, 2009

To: TRANSPORTATION EDITORS

Contact: John Selvaraj of India Globalization Capital, Inc., 1- 301-983-0998, info@indiaglobalcap.com

Begins Foray into Supply Contracts with Chinese Companies

BETHESDA, Md., May 21 /PRNewswire-FirstCall/ -- As previously announced in a press release dated May 7th, 2009, India Globalization Capital (AMEX: IGC- News), a company competing in the rapidly growing infrastructure industry in India, announced that its first shipping hub is ready to export iron ore from mines in India to customers worldwide, and that it has initiated supply contracts with Chinese Companies.

As outlined in the release, India Globalization Capital has expanded its business model from heavy construction and road building to include a Mining and Materials...

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