IGC and MTP to Host Major Themes Investment Conference on June

9, 2015 in NYC Featuring a Legal Cannabis Presentation Track

Bethesda, MD, March 9, 2015 (GLOBE NEWSWIRE) -- India Globalization Capital,

Inc. (NYSE-MKT: IGC) announces its inaugural Major Themes Investment Conference

featuring a legal cannabis presentation track to be held in NYC at the Harvard Club on

June 9, 2015.

This event will feature corporate presentations, key note speakers and will include a

specialized track of North American companies in the emerging legal cannabis industry.

Midtown Partners LLC ("MTP"), our New York broker-dealer will host the conference.

"We are pleased to announce our first major themes investment conference as we

continue to focus on providing investment banking services to the legal cannabis

industry. This is a great opportunity for investors to hear from legal cannabis companies,

access cannabis thought leaders, obtain market and regulatory analysis and evaluate

investment potential in an industry that we believe is an emerging major investment

theme. Over the next six years, according to a report by GreenWave Advisors, sales of

cannabis could total $21 billion if just 12 states legalize recreational cannabis. The

potential market of cannabis derived pharmaceuticals, cannabis delivery systems, and

peripheral businesses could be significantly larger," said John Clarke Managing Director

of Midtown Partners.

"We are looking forward to this important NYC major themes conference and remain

confident in our efforts of building long-term shareholder value through a diversified

base of operating segments," stated Ram Mukunda, CEO of IGC, Inc.

To register for the conference please visit www.igcinc.us or www.midtownpartners.com.

About IGC and Midtown Partners & Co., LLC

Based in Bethesda, Maryland, India Globalization Capital, Inc. ("IGC") has articulated a

strategy to become a company with diverse operating businesses including medical

marijuana, specialty pharmaceuticals and solar energy. We are currently engaged in

trading, vertical farming and rental of heavy equipment in India, China and the United

States. IGC's website is at http://www.igcinc.us and you can follow IGC's latest

developments on Facebook at https://www.facebook.com/IGCINCUS.

Based in New York City, New York, Midtown is an independent investment bank

focused on facilitating growth by providing creative and unique financial solutions to

high growth companies within the lower middle market. For more information about

Midtown please visit its website at http://www.midtownpartners.com.

Forward-looking Statements:

Some of the statements contained in this press release that are not historical facts

constitute forward- looking statements under the federal securities laws. Forward-looking

statements can be identified by the use of the words "may," "will," "should," "could,"

"expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends,"

"potential," "proposed" or the negative of those terms. The term "crowd funding" or

"crowdfunding" is not a recognized regulatory term and is meant as a reference to

offerings of investment securities under the JOBS Act of 2012 for regulations both

currently adopted and to be adopted in the future by the Securities & Exchange

Commission and FINRA as a result of that legislation. These statements are not a

guarantee of future developments and are subject to risks, uncertainties and other factors,

some of which are beyond IGC's control and are difficult to predict. Consequently, actual

results may differ materially from information contained in the forward-looking

statements as a result of future changes or developments in our business, our acquisition

and diversification strategy, our competitive environment, infrastructure demands, iron

ore availability and governmental, regulatory, political, economic, legal and social

conditions in, among other places, China and India. Except as required by federal

securities laws, IGC undertakes 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 IGC's Form 10-

K for fiscal year ended March 31, 2014, and in subsequent reports filed with the U.S.

SEC.

Investors Contact Information:

Claudia Grimaldi

301-983-0998

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