India Globalization Capital Schedules Conference Call Aug. 18th to Discuss Financial Results for the Quarter Ending June 30, 2008

    BETHESDA, Md., Aug. 15 /EMWNews/ -- India Globalization

Capital, Inc. (Amex: IGC), (Amex: IGC.WS), (Amex: IGC.U) will hold a

conference call to discuss its financial results for the quarter ending

June 30, 2008 (1st Quarter for Fiscal Year Ending March 31, 2009). The call

will be held on Monday, August 18, 2008 at 11 a.m. Eastern Time (8 a.m.

Pacific Time).



    If you are interested in participating, call one of the following

numbers ten minutes prior to the starting time: 1-800-762-8795 (inside the

U.S.) or 1-480-629-9041 (outside the U.S.). Ask for the India Globalization

Capital First Quarter Fiscal Year End 2009 Financial Results Conference

Call (Conference ID # 3912828). An operator will check your name and

organization. You will be asked to wait until the call begins.



    For those of you unable to join this earnings call, a playback of this

call will be available via telephone from 2 p.m., Monday, August 18, 2008

until August 25, 2008 at 11:59 p.m., all times Eastern. The numbers for

this replay service are 1-800-406-7325 or 1-303-590-3030 (outside the

U.S.). Use Replay Pin Number 3912828, followed by the pound sign.



    For assistance with this call, please call (604) 588-8146. If at any

point anyone on the conference call requires Operator assistance, they may

access the Operator by pressing *0.

    About IGC



    Based in Bethesda, Maryland, IGC operates through two infrastructure

companies in India -- Sricon Infrastructure Private Limited ("Sricon") and

Techni Bharathi, Limited ("TBL"). IGC owns sixty-three percent of Sricon

and seventy-seven percent of TBL. IGC has three core competencies: 1)

Highway and other heavy construction, 2) Mining & quarrying and 3) Civil

construction and engineering of high-temperature plants. The Company's

medium term plans are to expand each of these lines of business. Most of

the Company's operations are based in India. IGC has offices in Maryland,

Mauritius, Nagpur, Cochin, Delhi and Bangalore. Copies of the Form 10-KSB

filed on July 16, 2008 and IGC's other filings with the SEC containing

information about IGC, its Indian operations and other relevant documents,

are available at no charge at the SEC's Internet site (http://www.sec.gov).

For more information about IGC, visit the company's website at

http://www.indiaglobalcap.com.



    Forward-Looking Statements:



    This press release may contain forward-looking statements. These

statements reflect management's current views and are subject to risks and

uncertainties that could cause actual results to differ materially from

those projected, expressed or implied in these statements. Factors, which

could cause actual results to differ, relate to: (i) the ability of the

parties to successfully execute on the contracts and business plan, (ii)

our ability to raise additional capital and the structure of such capital

including the exercise of warrants, and (iii) changes in the exchange rate

between the U.S. dollar and the Indian Rupee. We undertake no obligation to

publicly update any forward-looking statements, whether as a result of new

information, future events or otherwise. Other factors and risks that could

cause or contribute to actual results differing materially from such

forward looking statements have been discussed in greater detail in the

company's preliminary proxy statement initially filed with the SEC on

November 23, 2007, as well as the 10-KSB filed on July 16, 2008.