For its wholly-owned arm, the Sadbhav Infrastructure Project Limited (SIPL), infrastructure giant Sadbhav Engineering Ltd has roped in total investment worth Rs 400 crore from The Xander Group and Norwest Venture Partners.

The said investment will offer up Sadbhav Engineering an enhanced opportunity to bid for a range of infrastructure projects.

The Sadbhav Engineering company has productively built over 1,200 kilometer of four lane of highways and around 785 kms are under process.

The company's division looks after all its infrastructure growth schemes that comprise nine projects comprising the Mumbai-Nasik highway, Maharashtra state Check-post road and many more.

While talking to media, Sadbhav Engineering's CMD stated that it is the most important day for the company as it will now be in a excellent position to bag the novel projects, whoch are to be granted in the forthcoming years.

Norwest Venture Partners Managing Director Mr. Sohil Chand said, '' India has a huge potential in the infrastructure market and we were looking for a company through which we can invest into this market and Sadbhav has gave us that chance."

"We will be able to tap the infrastructure market due to the potential of the Sadbhav Engineers as contracters. with this, the NVP and the Xander Group have acquired a 20 to 22 per cent stake in Sadbhav Engineering," Mr. Sohil added.