-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OggkLQuZnK+qv9B4I3Y11H8UpZF7UsIIZwkkCpFLy6EiqfjhCUaXc2Fjxh/HIpUc
 KJa6yrRZQp40h4180YLfzg==

<SEC-DOCUMENT>0001209191-06-016527.txt : 20060309
<SEC-HEADER>0001209191-06-016527.hdr.sgml : 20060309
<ACCEPTANCE-DATETIME>20060309135211
ACCESSION NUMBER:		0001209191-06-016527
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060302
FILED AS OF DATE:		20060309
DATE AS OF CHANGE:		20060309

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			India Globalization Capital, Inc.
		CENTRAL INDEX KEY:			0001326205
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				202760393
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4336 MONTGOMERY AVENUE
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		301-983-0998

	MAIL ADDRESS:	
		STREET 1:		4336 MONTGOMERY AVENUE
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Krishna Ranga
		CENTRAL INDEX KEY:			0001338314

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32830
		FILM NUMBER:		06675555

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		301-983-0998

	MAIL ADDRESS:	
		STREET 1:		INDIA GLOBALIZATION CAPITAL, INC.
		STREET 2:		4336 MONTGOMERY AVE.
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>c03280_01rk.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-03-02</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001326205</issuerCik>
        <issuerName>India Globalization Capital, Inc.</issuerName>
        <issuerTradingSymbol>IGC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001338314</rptOwnerCik>
            <rptOwnerName>Krishna Ranga</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>INDIA GLOBALIZATION CAPITAL, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4336 MONTGOMERY AVE.</rptOwnerStreet2>
            <rptOwnerCity>BETHESDA</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20814</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>470000</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Common Stock Warrants (Right to Purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>5.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-03-03</value>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock Warrants (Right to Purchase)</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>240000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">120,000 of the shares of common stock and the 240,000 warrants are included within 120,000 units of India Globalization Capital, Inc. (the &quot;Company&quot;) purchased by the reporting person in a private placement. Each warrant entitles the reporting person to purchase one share of the Company's common stock.</footnote>
        <footnote id="F2">The warrants will become exercisable the later of: (i) the completion by the Company of a business combination with a target business; and (ii) March 3, 2007.</footnote>
        <footnote id="F3">The warrants are redeemable prior to expiration by the Company at a price of $.01 per warrant at any time after the warrants become exercisable provided that: (i) the Company redeems all outstanding warrants, (ii) the Company provides warrantholders with a minimum of 30 days' prior written notice of redemption and (iii) the last sales price of the Company's Common Stock equals or exceeds $8.50 per share for any 20 trading days within a 30 day trading period ending three business days before the Company sends the notice of redemption.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ranga Krishna by Ram Mukunda under Power of Attorney</signatureName>
        <signatureDate>2006-03-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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