India Globalization Capital (IGC) 10-Q 15 Oct 18 2019 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Sep. 30, 2018	Oct. 09, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	India Globalization Capital, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--03-31
Entity Common Stock, Shares Outstanding		36,347,769
Amendment Flag	false
Entity Central Index Key	1,326,205
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q2
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018
Current assets:
Cash and cash equivalents	$ 6,408	$ 1,658
Accounts receivable, net of allowances	162	558
Inventories	650	486
Investments held for sale	148	148
Other current assets	373	355
Total current assets	7,741	3,205
Long-term assets:
Intangible Assets	1,521	128
Property, plant and equipment, net	5,675	6,237
Investments	794	799
Other non-current assets	819	484
Total long-term assets	8,809	7,648
Total assets	16,550	10,853
Current liabilities:
Trade payables	45	52
Other current liabilities	659	494
Notes payable	1,800	1,800
Total current liabilities	2,504	2,346
Non-current liabilities:
Loans – Other	225	427
Other liabilities	14	15
Total non-current liabilities	239	442
Total liabilities	2,743	2,788
Stockholders' equity:
Common stock and additional paid in capital al, $0.0001 par value: 150,000,000 shares authorized; and 34,247,769 and 30,764,192 shares issued and outstanding as of September 30, 2018 and March 31, 2018, respectively. 1,726,565 shares pursuant to three agreements were allocated but not issued as of September 30, 2018.	71,670	63,917
Accumulated other comprehensive loss	(2,697)	(2,056)
Retained deficit	(55,166)	(53,796)
Total equity attributable to Parent	13,807	8,065
Total stockholders' equity	13,807	8,065
Total liabilities and stockholders' equity	$ 16,550	$ 10,853

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Sep. 30, 2018	Mar. 31, 2018
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	34,247,769	30,764,192
Common stock, shares outstanding	34,247,769	30,764,192
Common stock allocated but not issued	1,726,565

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues	$ 811	$ 235	$ 2,289	$ 289
Direct Cost (excluding depreciation)	(793)	(163)	(2,229)	(170)
Selling, general and administrative expenses	(873)	(335)	(1,427)	(721)
Operating loss	(855)	(263)	(1,367)	(602)
Other expenses, net	(3)	(41)	(4)	(77)
Income before income taxes and minority interest attributable to non-controlling interest	(858)	(304)	(1,371)	(679)
Net loss	(858)	(304)	(1,371)	(679)
Net loss attributable to common stockholders	$ (858)	$ (304)	$ (1,371)	$ (679)
Loss per share attributable to common stockholders:
Basic & Diluted (in Dollars per share)	$ (0.03)	$ (0.01)	$ (0.04)	$ (0.02)
Weighted-average number of shares used in computing earnings per share amounts:
Basic & Diluted (in Shares)	31,345	27,355	31,345	27,355

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net loss	$ (858)	$ (304)	$ (1,371)	$ (679)
Parent [Member]
Net loss	(858)	(304)	(1,371)	(679)
Foreign currency translation adjustments	(334)	(13)	(641)	(11)
Comprehensive loss	(1,192)	(317)	(2,012)	(690)
Noncontrolling Interest [Member]
Net loss	0	0	0	0
Foreign currency translation adjustments		0
Comprehensive loss	0	0	0	0
Comprehensive Income [Member]
Net loss	(858)	(304)	(1,371)	(679)
Foreign currency translation adjustments	(334)	(13)	(641)	(11)
Comprehensive loss	$ (1,192)	$ (317)	$ (2,012)	$ (690)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Operating activities:
Net loss	$ (1,371)	$ (679)
Adjustment to reconcile net loss to net cash:
Depreciation	29	10
Non-cash interest expenses	18	68
Share based compensation and other expenses	399	307
Changes in:
Accounts receivable	9	(281)
Inventories	(128)	0
Prepaid expenses, other current and non-current assets	28	17
Trade payables	(7)	197
Other current liabilities and non-current liabilities	172	(266)
Net cash used in operating activities	(851)	(627)
Investing activities:
Proceeds from non-current investment	0	(2)
Purchase of property and equipment	(3)	(9)
Payment for acquisition and Filing of patents	(13)	(137)
Net cash used in investing activities	(16)	(148)
Financing activities:
Issuance of equity stock	5,885	938
Repayment of loans	(202)	(94)
Net cash proceed from financing activities	5,683	844
Effects of exchange rate changes on cash and cash equivalents	(66)	(10)
Net increase in cash and cash equivalents	4,750	59
Cash and cash equivalents at the beginning of the period	1,658	538
Cash and cash equivalents at the end of the period	6,408	597
Supplementary information:
Cash paid for interest	9	18
Non-cash items:
Common stock issued for interest payment on notes payable	18	68
Common stock issued including ESOP, Consultancy and Other	$ 399	$ 349

NOTE 1 - BUSINESS DESCRIPTION

NOTE 1 - BUSINESS DESCRIPTION	6 Months Ended
	Sep. 30, 2018
Disclosure Text Block [Abstract]
Nature of Operations [Text Block]	NOTE 1 – BUSINESS DESCRIPTION Business IGC Management’s focus is to develop and commercialize cannabinoid based alternative therapies for indications such as Alzheimer’s disease, Parkinson’s disease, and pain. Our flagship product Hyalolex tm tm Business Organization IGC is a Maryland corporation formed in April 2005. Our principal place of business is located at 4336 Montgomery Avenue, Bethesda, Maryland 20814. Operationally, our U.S. East Coast based staff works from our corporate office in Potomac, Maryland or nearby virtual offices. We also maintain offices in the State of Washington for our West Coast based staff. Our telephone number is +1 (301) 983-0998. Our commodity trading, equipment rental, and accounting headquarters are located in Kochi, Kerala, India, housing the majority of our India based staff. In addition, we have employees in Delhi, Nagpur and Chennai, India. We maintain corporate and product websites at http://www.igcinc.us, http://www.igcpharma.com and http://www.hyalolex.com. The contents of our websites and the downloadable files found therein are not incorporated by reference. As of September 30, 2018, the Company has operational subsidiaries located in India and Hong Kong. The Company’s filings are available on www.sec.gov.

NOTE 2 - SUMMARY OF SIGNIFICANT

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The significant accounting policies adopted by the Company, for these consolidated financial statements, are set out in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2018, filed with the U.S. Securities and Exchange Commission (“SEC”) on June 21, 2018 (the “2018 10-K”), specifically as Note 2 to the consolidated financial statements. These condensed Interim Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and respective notes contained in the Company’s 2018 10-K. The following is a summary of our significant accounting policies. Basis of presentation and use of estimates The Company has prepared the accompanying unaudited Condensed Consolidated Financial Statements (“Financial Statements”) in accordance with the rules and regulations of the SEC for interim financial information. Accordingly, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SEC’s rules and regulations for interim reporting. In preparing the financial statements management is required to make estimates and assumptions that could affect the amounts reported in these condensed consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates. The Company’s current fiscal year ends on March 31, 2019. This interim financial information and results contained in this Form 10-Q do not necessarily represent or indicate what the operating results will be for any other interim period or for the fiscal year ending March 31, 2019. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation have been included in the Financial Statements. Presentation and functional currencies The consolidated financial statements include the accounts of the Company and all its subsidiaries that are more than 50% owned and controlled. The Company consolidates the subsidiaries into its consolidated financial statements. Transactions between the Company and its subsidiaries have been eliminated in the consolidated financial statements. We exclude our investments and minority non-controlling interests, and any information provided by them is not incorporated by reference in this report, and you should not consider it a part of this report. The reporting currency of the Company is U.S. Dollar (USD). The Company’s subsidiaries have US Dollar, Indian Rupee (INR), and Hong Kong dollar (HKD) as functional currencies. Changes in functional currency amounts that result from the measurement of foreign currency transactions into the functional currency are included in net income. Changes in reporting currency arising from translating a foreign subsidiary’s functional currency financial statements in the reporting currency are included in the other comprehensive income, a separate component of shareholders’ equity. The translation of the functional currencies into U.S. dollars is performed for assets and liabilities using the exchange rates in effect at the balance sheet date and for revenues, costs and expenses using average exchange rates prevailing during the reporting periods. Recent Accounting Pronouncements Adopted Revenue Recognition On January 1, 2018, the Company adopted Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers and all the related amendments, which are also codified into Accounting Standards Codification (ASC) 606. The Company elected to adopt this guidance using the modified retrospective method. The adoption of this standard did not have a material impact on the Company’s financial position or results of operations. The Company did not restate prior period information for the effects of the new standard, nor did the Company adjust the opening balance of its’ retained deficit to account for the implementation of the new requirements of this standard. The Company does not expect the adoption of this guidance to have a material effect on its results of operations in future periods. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. This ASU became effective for the Company beginning in the first quarter of fiscal year 2019. Based on the composition of the Company’s investment portfolio, the adoption of ASU 2016-01 is not expected to have a material impact on its consolidated financial statements. Not yet adopted In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial instruments." The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The guidance will become effective for us on January 1, 2020. Early adoption is permitted for periods beginning on or after January 1, 2019. Based on the composition of the Company’s investment portfolio, current market conditions, and historical credit loss activity, the adoption of ASU 2016-13 is not expected to have a material impact on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, and ASU No. 2017-04, Intangibles- Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment. ASU No. 2017-01 clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. ASU No. 2017-04 eliminates Step 2 of the goodwill impairment test and requires a goodwill impairment to be measured as the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of its goodwill. The ASU is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220). ASU 2018-02 addresses the effect of the change in the U.S. federal corporate tax rate on items within accumulated other comprehensive income or loss due to the enactment of the Tax Act on December 22, 2017. The new standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements.

NOTE 3 - ACCOUNTS RECEIVABLE

NOTE 3 - ACCOUNTS RECEIVABLE	6 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 3 – ACCOUNTS RECEIVABLE Accounts receivable, net of allowances, amounted to about $162 thousand and about $558 thousand as of September 30, 2018, and March 31, 2018, respectively. The accounts receivable net of reserves for the quarter ended September 30, 2018 stems primarily from commodity trading and the rental of heavy construction equipment.

NOTE 4 - INVENTORY

NOTE 4 - INVENTORY	6 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 4 – INVENTORY (in thousands) As of September 30 , 2018 As of March 31, 2018 Work In Progress $ 650 $ 486 Total $ 650 $ 486 The Company’s policy, consistent with ASC 330, is to book the cost of producing components and completed products as inventory. The products and/or its components will either be sold, or used for educational and marketing demonstrations, over the next twenty-four months. Management evaluates its policy on inventory periodically.

NOTE 5 - INVESTMENT HELD FOR SA

NOTE 5 - INVESTMENT HELD FOR SALE	6 Months Ended
	Sep. 30, 2018
Investment Holdings [Abstract]
Investment Holdings [Text Block]	NOTE 5 – INVESTMENT HELD FOR SALE Our wholly-owned Malaysian-based subsidiary, Cabaran Ultima operates a real estate management business. Our board decided to exit this business and as of March 31, 2018, we accounted for our investment in Cabaran Ultima as “Investment Held for Sale” valued at $147,500. We expect to dispose of Cabaran Ultima in the fiscal year ending March 31, 2019.

NOTE 6 - INVESTMENT

NOTE 6 - INVESTMENT	6 Months Ended
	Sep. 30, 2018
ASU 2016-01 Transition [Abstract]
Cost-method Investments, Description [Text Block]	NOTE 6 – INVESTMENT Investment for each of the periods ended September 30, 2018, and March 31, 2018, consists of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Investment in equity shares of unlisted company (i) $ 21 $ 26 Investment in affiliates (ii) 773 773 Total $ 794 $ 799 (i) The movement between the two reporting periods is based on the sale at fair value of 3% of the investment in the amount of $2,261 to a director of our subsidiary and fluctuations in the exchange rate. The investment is recorded at cost. (ii) This amount represents our investment in Midtown Partners & Co., LLC (“MTP). The investment is recorded at cost. We do not have any influence over the operations of MTP. Please see Note 11 - Related Party Transactions for more information on MTP. The Company regularly reviews its investment portfolio to determine if any security is other-than-temporarily impaired, which would require the Company to record an impairment charge in the period. We concluded that as at September 30, 2018, no impairment provision was required against the carrying value of the investments.

NOTE 7 - OTHER CURRENT AND NON-

NOTE 7 - OTHER CURRENT AND NON-CURRENT ASSETS	6 Months Ended
	Sep. 30, 2018
Disclosure Text Block Supplement [Abstract]
Other Assets Disclosure [Text Block]	NOTE 7 – OTHER CURRENT AND NON-CURRENT ASSETS Prepaid expenses and other current assets consist of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Advance to suppliers, others & services $ 101 $ 299 Statutory advances 40 44 Deposit and other current assets 232 12 Total $ 373 $ 355 Other non-current assets consist of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Non-current deposits $ 16 $ 18 Claims receivable (1) 385 - Other advances 418 466 Total $ 819 $ 484 (1) The claims receivables are due from the Cochin International Airport. Cochin International Airport is partially owned by the State Government of Kerala. The receivables have been due for periods in excess of one year as of September 30, 2018. The Company continues to carry the full value of the receivables without interest and without any impairment, because it believes that there is minimal risk that this organization will become insolvent and unable to make payment.

NOTE 8 - INTANGIBLE ASSETS

NOTE 8 - INTANGIBLE ASSETS	6 Months Ended
	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 8 – INTANGIBLE ASSETS The movement in intangible assets is given below. (in thousands) As of September 30, 2018 As of March 31, 2018 Patent & Other Intangible Assets at the beginning of the period $ 128 $ - Patent acquisition and filing expenses 46 128 Acquisition of Right of Distribution and Technology(ii) 1,347 - Total $ 1,521 $ 128 (i) The value of intangibles includes the acquisition of patent rights, data, and the filing of patents. The amortization of acquired patent rights is 15 years. (ii) On September 25, 2018, IGC executed a Strategic Distributor and Partnership Agreement for products, including a sugar free, energy drink called ‘Nitro G,’ in exchange for 797 thousand restricted, unregistered common stock. The Fair Market Value (FMV) of the restricted shares was mutually agreed by the parties to be about $1,347 thousand. This amortization period for this intangible asset is ten years, which is the initial period of the Agreement. The Company periodically evaluates its impairment policy.

NOTE 9 - PROPERTY, PLANT AND EQ

NOTE 9 - PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 9 – PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following: (in thousands, except useful life details) Category Useful Life (years) As of September 30 , 2018 As of March 31, 2018 Land N/A $ 4,645 $ 5,175 Building & facilities 25 1,252 1,329 Plant and machinery 20 1,529 1,703 Computer equipment 3 162 159 Office equipment 5 114 115 Furniture and fixtures 5 64 65 Vehicles 5 290 292 Total Gross Value $ 8,056 $ 8,838 Less: Accumulated depreciation $ (2,381 ) $ (2,601 ) Total Net PP&E $ 5,675 $ 6,237 Depreciation expense in the quarter ended in September 30, 2018 and 2017, amounted to $14.4 thousand and $4.3 thousand, respectively. For the six months ended September 30, 2018 and 2017, it amounted to $29 thousand and $10 thousand, respectively. Depreciation expense for the fiscal year ended March 31, 2018 was $19.4 thousand. The decrease in total net PP&E as well as the decrease in accumulated depreciation is primarily due to changes in the exchange rate between the Indian rupee and the US dollar for assets held by our foreign subsidiaries in India. For more information, please refer to Note 23 – Segment Information for the long-term assets other than financial instruments held in the country of domicile and foreign countries.

NOTE 10 - OTHER CURRENT AND NON

NOTE 10 - OTHER CURRENT AND NON-CURRENT LIABILITIES	6 Months Ended
	Sep. 30, 2018
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]
Other Liabilities Disclosure [Text Block]	NOTE 10 – OTHER CURRENT AND NON-CURRENT LIABILITIES Other current liabilities consist of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Statutory payables $ 2 $ 4 Employee related liabilities 204 204 Accrued expenses 453 286 Total $ 659 $ 494 Employee related liabilities consists of salary payable to employees. Accrued expenses consist primarily of amounts payable against services related to audit, legal, marketing, etc., in the normal course of business. Other non-current liabilities consist of the following: (in thousands) As of September 30 , 2018 As of March 31, 2018 Statutory reserve $ 14 $ 15 Total $ 14 $ 15 Statutory reserve is a gratuity reserve for employees in our subsidiaries in India.

NOTE 11- RELATED PARTY TRANSACT

NOTE 11- RELATED PARTY TRANSACTIONS	6 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 1 1 - RELATED PARTY TRANSACTIONS We pay an affiliate of our CEO $4,500 per month for office space and certain general and administrative services rendered in Maryland. In addition, we pay another affiliate of our CEO $6,100 per month for office and facilities and services rendered in Washington State. We believe, based on rents and fees for similar services in the Washington, D.C. metropolitan area, and Washington State, that the fee charged by the affiliates are at least as favorable as we could have obtained from an unaffiliated third party and these payments are not considered, or meant to be, compensation to our CEO. The rental agreement for the Maryland location is on a month-to-month basis and may be terminated by our Board of Directors of the Company at any time without notice. The rental agreement for Washington State facilities expires on December 31, 2018, unless renewed by mutual consent. During the quarter ended September 30, 2018, the total rent paid to the affiliates were $13,500 for the office space (and administrative services) in Maryland, and $18,300 for the facilities in Washington State. As of September 30, 2018, the Company has a net unpaid balance of $112,575 in compensation to our CEO. Loans by Related Parties: We have a secured working capital loan from an affiliate of our CEO that had a loan balance of $107,500 as of September 30, 2018, and March 31, 2018, at an annual interest rate of zero percent, due February 23, 2022. There is no prepayment penalty. The assets of the Company secure the loan. Loans to Related Parties On April 30, 2015, we loaned $70,000 in working capital to Apogee Financial Services for Midtown Partners, LLC. The loan is outstanding as of September 30, 2018.

NOTE 12 _ NOTES PAYABLE

NOTE 12 – NOTES PAYABLE	6 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 1 2 – NOTES PAYABLE Since October 16, 2009, the Company has had a no-interest note with Bricoleur Partners, L.P. (‘Bricoleur’) in the amount of $1.8 million. The maturity date of the loan has been extended various times, and, as of September 30, 2018, Bricoleur’s position is that the loan is outstanding. From October 16, 2009, through March 31, 2018, the Company issued a total of approximately 1.9 million “penalty” shares, paid incrementally for every month that the loan has been outstanding, valued at approximately $2.7 million, based on the market value of the shares at each instance of issuance. According to the IRS rules these amounts are non-deductible for the Company. In November 2017, the Company asked the shareholders to vote for a resolution that allowed the Company to deliver up to an additional 2,000,000 shares of the Company to Bricoleur. After several adjournments to garner support from shareholders, this resolution failed to pass. Despite the categorization of the share issuances under the broad category of interest on past financial statements, the Company believes that these payments of shares constitute a repayment of debt, at least in substantial part. On May 2, 2018, the Company filed a lawsuit in the Circuit Court for Montgomery County, Maryland, seeking a declaratory judgment that the shares issued to Bricoleur by the Company represent payment on the loan and damages for improper lending practices under Maryland law. The lawsuit is currently pending.

NOTE 13 - SECURED LOANS - OTHER

NOTE 13 - SECURED LOANS - OTHERS	6 Months Ended
	Sep. 30, 2018
Disclosure Text Block [Abstract]
Long-term Debt [Text Block]	NOTE 1 3 – SECURED LOANS - OTHER The Company’s total cash interest expense for the quarters ended September 30, 2018, and 2017, was about $4,500 and about $9,932, respectively. As of September 30, 2018, the Company had three secured loans categorized as Loans-Other from related parties totaling about $225,250 at an average annual interest rate of 10%: Loan 1: We have a loan from an individual for $50,000, at an annual interest rate of 15%, due February 23, 2022. There is no prepayment penalty. The assets of the Company secure the loan. Loan 2: We have a loan for $67,750 from an affiliate of our CEO, at an annual interest rate of 15%, due February 23, 2022. There is no prepayment penalty. The assets of the Company secure the loan. Loan 3: We have a working capital loan with a balance of $107,500 as of September 30, 2018, from an affiliate of our CEO, at an annual interest rate of zero percent, due February 23, 2022. There is no prepayment penalty. The assets of the Company secure the loan. The Company repaid $202,250 in loans from related parties during the six-months ended September 30, 2018.

NOTE 14 - COMMITMENTS AND CONTI

NOTE 14 - COMMITMENTS AND CONTINGENCY	6 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 1 4 – COMMITMENTS AND CONTINGENCY The Company currently has no commitments or contingency, which are required to be reported.

NOTE 15 - COMMON STOCK AND ADDI

NOTE 15 - COMMON STOCK AND ADDITIONAL PAID UP CAPITAL	6 Months Ended
	Sep. 30, 2018
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 1 5 – COMMON STOCK AND ADDITIONAL PAID UP CAPITAL We have one security listed on the NYSE American: Common Stock, $.0001 par value (ticker symbol: IGC) (“Common Stock”). This security is also available for trading on the Frankfurt, Stuttgart, and Berlin stock exchanges (ticker symbol: IGS1). We have redeemable warrants listed on the OTC markets (ticker symbol: IGC.WT. CUSIP number 45408X118 expiring on March 6, 2019) to purchase Common Stock. We have Units that are not listed consisting of one share of Common Stock and two redeemable warrants to purchase Common Stock. The Unit holders are requested to contact the Company to get their existing Units separated into Common Stock and Warrants. The Company’s outstanding warrants are exercisable and may be exercised by contacting IGC or the transfer agent, Continental Stock Transfer & Trust Company. The Company has a right to call the warrants, provided the Common Stock has traded at a closing price of at least $85.00 per share for any 20 trading days within a 30-trading day period ending on the third business day prior to the date on which notice of redemption is given. If the Company calls the warrants, either the holder will have to exercise the warrants by purchasing one share of Common Stock from the Company by surrendering 10 warrants and a payment of $50.00, or the warrants will expire. In accordance with the terms of the outstanding warrant agreement between the Company and its warrant holders, the Company in its sole discretion may lower the price of its warrants at any time prior to their expiration date. As of September 30, 2018, the Company was authorized to issue up to 150,000,000 shares of common stock, par value $0.0001, and there were 91,772 Units and 34,247,769 Shares of Common Stock issued and outstanding. In addition, the Company has 11,671,578 outstanding Public Warrants to purchase 1,167,158 Shares of Common Stock by surrendering 10 warrants and a payment of $50.00 in exchange for each share. During the period ended September 30, 2018, the Company issued 120,000 shares pursuant to a marketing agreement and sold 3,900,000 shares pursuant to the At-the-Market Offering Agreement dated September 24, 2018, out of which 1,800,000 shares settled as of September 30, 2018. As of September 30, 2018, the Company allocated, but not issued, 1,666,565 shares, stemming from two different agreements. In addition, 60,000 options were exercised by one of our advisors.

NOTE 16 - STOCK-BASED COMPENSAT

NOTE 16 - STOCK-BASED COMPENSATION	6 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 1 6 – STOCK-BASED COMPENSATION On April 1, 2009, the Company adopted ASC 718, “Compensation-Stock Compensation” (previously referred to as SFAS No. 123 (revised 2004), Share Based Payment) Under the combined 2008 Omnibus Incentive Plan and the renewed 2018 Omnibus Incentive Plan, as of April 1, 2018, a total of 4,439,899 shares of common stock have been awarded and issued, and there are no shares of common stock available for future grants of options or stock awards. In addition, there are outstanding options granted to Advisors to purchase 910,000 common stock, expiring between October 31, 2022 and October 31, 2023, with a weighted average exercise price of $0.34 per share. The options are fair valued at $0.35 million using a Black-Scholes Pricing Model. The amount recognized as stock-based compensation for the six-month period ended September 30, 2017, is immaterial and for the three-month and six-month periods ended September 30, 2018, is as follows: (in thousands) Three Months ended September 30, 2018 Six months ended September 30, 2018 Cost of sales $ - $ 13 Selling, general and administrative (including research and development) 114 243 Total stock compensation to employees $ 114 $ 256 Cost of sales $ - 10 Selling, general and administrative (including research and development) 13 19 Intangible assets 30 30 Total options to advisors and vendors $ 43 $ 59 In the quarter ended September 30, 2018, the Company issued 1,025,000 shares. These shares were part of a special grant to employees and directors granted in the fiscal year ended March 31, 2017. The shares vested over a period of one year. The expense related to these shares is reflected in the quarter ended September 30, 2018. In the same period, the Company also granted 320,000 options to advisors. In the quarter, 60,000 options were exercised. Summary of Options Number of options (in thousands) Balance as of March 31 2018 $ 650 Option Granted during the period $ 320 Option Exercise during the period $ (60 ) Balance as of September 30 2018 $ 910

NOTE 17 - FAIR VALUE OF FINANCI

NOTE 17 - FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 1 7 – FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value of the Company’s current assets and current liabilities approximate their carrying value because of their short-term nature. Such financial instruments are classified as current if they are expected to be liquidated within the next twelve months.

NOTE 18 - SELLING, GENERAL AND

NOTE 18 - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	6 Months Ended
	Sep. 30, 2018
Disclosure Text Block [Abstract]
Other Operating Income and Expense [Text Block]	NOTE 1 8 – SELLING, GENERAL AND ADMINISTRATIVE EXPENSES During the three months ended September 30, 2018, and 2017, the Company recorded selling, general and administrative expenses of $873 thousand and $335 thousand. For the six months ended September 30, 2018, and 2017, SG&A amounted to $1,427 thousand and $721 thousand respectively. Selling, general and administrative expenses include expenses related to public company, employee related expenses, depreciation, and research and development. During the three months ended September 30, 2018 and 2017, the Company recorded research and development expense of $237 thousand and $78 thousand, respectively. All research and development costs are expensed in the quarter in which they are incurred.

NOTE 19 - IMPAIRMENT

NOTE 19 - IMPAIRMENT	6 Months Ended
	Sep. 30, 2018
Disclosure Text Block Supplement [Abstract]
Asset Impairment Charges [Text Block]	NOTE 19 – IMPAIRMENT No impairment is recorded for the three or six-month periods ended September 30, 2018 and 2017.

NOTE 20 - OTHER LOSS - NET

NOTE 20 - OTHER LOSS - NET	6 Months Ended
	Sep. 30, 2018
Other Income and Expenses [Abstract]
Other Income and Other Expense Disclosure [Text Block]	NOTE 20 – OTHER LOSS - NET Other loss for the three months ended September 30, 2018 and 2017, amounted to $3 thousand and $41 thousand, respectively. For the six months ended September 30, 2018 and 2017, other loss amounted to $4 thousand and $77 thousand, respectively. Such amounts include income received from the supply of skilled operators for the heavy equipment rental business and from miscellaneous rental income.

NOTE 22 - RECONCILIATION OF EPS

NOTE 22 - RECONCILIATION OF EPS	6 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 22 – RECONCILIATION OF EPS In accordance with ASC Topic 280 – "Earnings Per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common stock had been issued and if the additional shares of common stock were dilutive. Potential common stock consists of the incremental common stock issuable upon the exercise of common stock options and warrants (using the if-converted method). The computation of basic loss per share for the period ended September 30, 2018, excludes potentially dilutive securities of 2.3 million shares underlying share purchase options, unvested shares granted to employees, and warrants, as well as 27,532 shares from the conversion of outstanding units, because their inclusion would be antidilutive. The weighted average number of shares outstanding as of September 30, 2018 and 2017, used for the computation of basic earnings per share (“EPS”) is 31,344,648 and 27,355,826, respectively. Due to the loss incurred during the three and six-month periods ended September 30, 2018, and 2017, all of the potential equity shares are anti-dilutive and accordingly, the fully diluted EPS is equal to the basic EPS.

NOTE 23 - SEGMENT INFORMATION

NOTE 23 - SEGMENT INFORMATION	6 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 23 – SEGMENT INFORMATION Accounting pronouncements establish standards for the manner in which public companies report information about operating segments in annual and interim financial statements. Operating segments are components of an enterprise that have distinct financial information available and evaluated regularly by the chief operating decision-maker ("CODM") to decide how to allocate resources and evaluate performance. The Company's CODM is considered to be the Company's chief executive officer ("CEO"). The CEO reviews financial information presented on an entity level basis for purposes of making operating decisions and assessing financial performance. Therefore, and before our alternative therapies business started, the Company had determined that it operated in a single operating and reportable segment. As of the date of this report and in preparation for the new and different source of revenue, the Company has determined that it operates in two operating and reportable segments: Alternative Therapies and Legacy Business. The following provides information required by ASC 280-10-50-38 Entity-wide Information: 1) The table below shows revenue reported by product and service: Product & Service (in thousands) Revenue by Segment Six months Ended September 30 , 2018 Percentage of Total Revenue Legacy infrastructure $ 2,289 100 % Alternative therapies - - % Total $ 2,289 100 % 2(a) The table below shows the revenue attributed to the country of domicile (U.S.) and foreign countries. Revenue is attributed to an individual country if the invoice made to the customer originates in that country. The basis for originating an invoice is the underlining agreement. (in thousands) Segments Country Six months Ended September 30, 2018 Percentage of Total Revenue Asia India $ 59 3 % Hong Kong 2,230 97 % North America U.S. - - % Total $ 2,289 100 % 2(b) The table below shows the long-term assets other than financial instruments held in the country of domicile and foreign countries. (in thousands) Nature of Assets U.S. (Country of Domicile) Foreign Countries (India) Total Intangible assets $ 1,521 $ - $ 1,521 Property, plant and equipment, net 976 4,699 5,675 Investments 773 21 794 Other non-current assets - 819 819 Total long-term assets $ 3,270 $ 5,539 $ 8,809

NOTE 24 - SUBSEQUENT EVENTS

NOTE 24 - SUBSEQUENT EVENTS	6 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 24 – SUBSEQUENT EVENTS On October 2, 2018, we completed the At-The-Market equity offering managed by The Benchmark Company, LLC and ViewTrade Securities, Inc. as described in the prospectus supplements filed with the SEC on September 24, 2018 and October 1, 2018. A total of 3,854,375 shares of common stock were sold at a weighted average stock price of approximately $6.12, representing gross proceeds of approximately $23.6 million. The Company is no longer offering shares of common stock under these programs. On October 4, 2018, we filed a provisional method and composition patent application (IGC-509) with the U.S. Patent and Trademark Office (USPTO) for the treatment of fatigue and energy restoration. This patent filing is one of a series of steps in the Company’s development and commercialization plan to support the creation of a branded, hemp/CBD sugar-free energy drink, which was previously disclosed by the Company on September 25, 2018.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation and use of estimates The Company has prepared the accompanying unaudited Condensed Consolidated Financial Statements (“Financial Statements”) in accordance with the rules and regulations of the SEC for interim financial information. Accordingly, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted in accordance with the SEC’s rules and regulations for interim reporting. In preparing the financial statements management is required to make estimates and assumptions that could affect the amounts reported in these condensed consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates. The Company’s current fiscal year ends on March 31, 2019. This interim financial information and results contained in this Form 10-Q do not necessarily represent or indicate what the operating results will be for any other interim period or for the fiscal year ending March 31, 2019. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation have been included in the Financial Statements.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Presentation and functional currencies The consolidated financial statements include the accounts of the Company and all its subsidiaries that are more than 50% owned and controlled. The Company consolidates the subsidiaries into its consolidated financial statements. Transactions between the Company and its subsidiaries have been eliminated in the consolidated financial statements. We exclude our investments and minority non-controlling interests, and any information provided by them is not incorporated by reference in this report, and you should not consider it a part of this report. The reporting currency of the Company is U.S. Dollar (USD). The Company’s subsidiaries have US Dollar, Indian Rupee (INR), and Hong Kong dollar (HKD) as functional currencies. Changes in functional currency amounts that result from the measurement of foreign currency transactions into the functional currency are included in net income. Changes in reporting currency arising from translating a foreign subsidiary’s functional currency financial statements in the reporting currency are included in the other comprehensive income, a separate component of shareholders’ equity. The translation of the functional currencies into U.S. dollars is performed for assets and liabilities using the exchange rates in effect at the balance sheet date and for revenues, costs and expenses using average exchange rates prevailing during the reporting periods.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Adopted Revenue Recognition On January 1, 2018, the Company adopted Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers and all the related amendments, which are also codified into Accounting Standards Codification (ASC) 606. The Company elected to adopt this guidance using the modified retrospective method. The adoption of this standard did not have a material impact on the Company’s financial position or results of operations. The Company did not restate prior period information for the effects of the new standard, nor did the Company adjust the opening balance of its’ retained deficit to account for the implementation of the new requirements of this standard. The Company does not expect the adoption of this guidance to have a material effect on its results of operations in future periods. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. This ASU became effective for the Company beginning in the first quarter of fiscal year 2019. Based on the composition of the Company’s investment portfolio, the adoption of ASU 2016-01 is not expected to have a material impact on its consolidated financial statements. Not yet adopted In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial instruments." The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The guidance will become effective for us on January 1, 2020. Early adoption is permitted for periods beginning on or after January 1, 2019. Based on the composition of the Company’s investment portfolio, current market conditions, and historical credit loss activity, the adoption of ASU 2016-13 is not expected to have a material impact on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, and ASU No. 2017-04, Intangibles- Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment. ASU No. 2017-01 clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. ASU No. 2017-04 eliminates Step 2 of the goodwill impairment test and requires a goodwill impairment to be measured as the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of its goodwill. The ASU is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220). ASU 2018-02 addresses the effect of the change in the U.S. federal corporate tax rate on items within accumulated other comprehensive income or loss due to the enactment of the Tax Act on December 22, 2017. The new standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. We do not believe the adoption of this guidance will have a material impact on our consolidated financial statements.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition On January 1, 2018, the Company adopted Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers and all the related amendments, which are also codified into Accounting Standards Codification (ASC) 606. The Company elected to adopt this guidance using the modified retrospective method. The adoption of this standard did not have a material impact on the Company’s financial position or results of operations. The Company did not restate prior period information for the effects of the new standard, nor did the Company adjust the opening balance of its’ retained deficit to account for the implementation of the new requirements of this standard. The Company does not expect the adoption of this guidance to have a material effect on its results of operations in future periods. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. This ASU became effective for the Company beginning in the first quarter of fiscal year 2019. Based on the composition of the Company’s investment portfolio, the adoption of ASU 2016-01 is not expected to have a material impact on its consolidated financial statements.

NOTE 4 - INVENTORY (Tables)

NOTE 4 - INVENTORY (Tables)	6 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	(in thousands) As of September 30 , 2018 As of March 31, 2018 Work In Progress $ 650 $ 486 Total $ 650 $ 486

NOTE 6 - INVESTMENT (Tables)

NOTE 6 - INVESTMENT (Tables)	6 Months Ended
	Sep. 30, 2018
ASU 2016-01 Transition [Abstract]
Investment [Table Text Block]	Investment for each of the periods ended September 30, 2018, and March 31, 2018, consists of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Investment in equity shares of unlisted company (i) $ 21 $ 26 Investment in affiliates (ii) 773 773 Total $ 794 $ 799 (i) The movement between the two reporting periods is based on the sale at fair value of 3% of the investment in the amount of $2,261 to a director of our subsidiary and fluctuations in the exchange rate. The investment is recorded at cost. (ii) This amount represents our investment in Midtown Partners & Co., LLC (“MTP). The investment is recorded at cost. We do not have any influence over the operations of MTP. Please see Note 11 - Related Party Transactions for more information on MTP.

NOTE 7 - OTHER CURRENT AND NO_2

NOTE 7 - OTHER CURRENT AND NON-CURRENT ASSETS (Tables)	6 Months Ended
	Sep. 30, 2018
Disclosure Text Block Supplement [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	Prepaid expenses and other current assets consist of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Advance to suppliers, others & services $ 101 $ 299 Statutory advances 40 44 Deposit and other current assets 232 12 Total $ 373 $ 355
Schedule of Other Assets, Noncurrent [Table Text Block]	Other non-current assets consist of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Non-current deposits $ 16 $ 18 Claims receivable (1) 385 - Other advances 418 466 Total $ 819 $ 484 (1) The claims receivables are due from the Cochin International Airport. Cochin International Airport is partially owned by the State Government of Kerala. The receivables have been due for periods in excess of one year as of September 30, 2018. The Company continues to carry the full value of the receivables without interest and without any impairment, because it believes that there is minimal risk that this organization will become insolvent and unable to make payment.

NOTE 8 - INTANGIBLE ASSETS (Tab

NOTE 8 - INTANGIBLE ASSETS (Tables)	6 Months Ended
	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	The movement in intangible assets is given below. (in thousands) As of September 30, 2018 As of March 31, 2018 Patent & Other Intangible Assets at the beginning of the period $ 128 $ - Patent acquisition and filing expenses 46 128 Acquisition of Right of Distribution and Technology(ii) 1,347 - Total $ 1,521 $ 128 (i) The value of intangibles includes the acquisition of patent rights, data, and the filing of patents. The amortization of acquired patent rights is 15 years. (ii) On September 25, 2018, IGC executed a Strategic Distributor and Partnership Agreement for products, including a sugar free, energy drink called ‘Nitro G,’ in exchange for 797 thousand restricted, unregistered common stock. The Fair Market Value (FMV) of the restricted shares was mutually agreed by the parties to be about $1,347 thousand. This amortization period for this intangible asset is ten years, which is the initial period of the Agreement. The Company periodically evaluates its impairment policy.

NOTE 9 - PROPERTY, PLANT AND _2

NOTE 9 - PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Sep. 30, 2018
Property Plant and Equipment Table [Member]
NOTE 9 - PROPERTY, PLANT AND EQUIPMENT (Tables) [Line Items]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment consist of the following: (in thousands, except useful life details) Category Useful Life (years) As of September 30 , 2018 As of March 31, 2018 Land N/A $ 4,645 $ 5,175 Building & facilities 25 1,252 1,329 Plant and machinery 20 1,529 1,703 Computer equipment 3 162 159 Office equipment 5 114 115 Furniture and fixtures 5 64 65 Vehicles 5 290 292 Total Gross Value $ 8,056 $ 8,838 Less: Accumulated depreciation $ (2,381 ) $ (2,601 ) Total Net PP&E $ 5,675 $ 6,237

NOTE 10 - OTHER CURRENT AND N_2

NOTE 10 - OTHER CURRENT AND NON-CURRENT LIABILITIES (Tables)	6 Months Ended
	Sep. 30, 2018
Other Current Liabilities [Member]
NOTE 10 - OTHER CURRENT AND NON-CURRENT LIABILITIES (Tables) [Line Items]
Schedule of Other Assets and Other Liabilities [Table Text Block]	Other current liabilities consist of the following: (in thousands) As of September 30, 2018 As of March 31, 2018 Statutory payables $ 2 $ 4 Employee related liabilities 204 204 Accrued expenses 453 286 Total $ 659 $ 494 (in thousands) As of September 30 , 2018 As of March 31, 2018 Statutory reserve $ 14 $ 15 Total $ 14 $ 15

NOTE 16 - STOCK-BASED COMPENS_2

NOTE 16 - STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	The amount recognized as stock-based compensation for the six-month period ended September 30, 2017, is immaterial and for the three-month and six-month periods ended September 30, 2018, is as follows: (in thousands) Three Months ended September 30, 2018 Six months ended September 30, 2018 Cost of sales $ - $ 13 Selling, general and administrative (including research and development) 114 243 Total stock compensation to employees $ 114 $ 256 Cost of sales $ - 10 Selling, general and administrative (including research and development) 13 19 Intangible assets 30 30 Total options to advisors and vendors $ 43 $ 59
Share-based Compensation, Stock Options, Activity [Table Text Block]	Summary of Options Number of options (in thousands) Balance as of March 31 2018 $ 650 Option Granted during the period $ 320 Option Exercise during the period $ (60 ) Balance as of September 30 2018 $ 910

NOTE 23 - SEGMENT INFORMATION (

NOTE 23 - SEGMENT INFORMATION (Tables)	6 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Revenue from External Customers by Products and Services [Table Text Block]	1) The table below shows revenue reported by product and service: (in thousands) Revenue by Segment Six months Ended September 30 , 2018 Percentage of Total Revenue Legacy infrastructure $ 2,289 100 % Alternative therapies - - % Total $ 2,289 100 %
Revenue from External Customers by Geographic Areas [Table Text Block]	The basis for originating an invoice is the underlining agreement. (in thousands) Segments Country Six months Ended September 30, 2018 Percentage of Total Revenue Asia India $ 59 3 % Hong Kong 2,230 97 % North America U.S. - - % Total $ 2,289 100 %
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	2(b) The table below shows the long-term assets other than financial instruments held in the country of domicile and foreign countries (in thousands) Nature of Assets U.S. (Country of Domicile) Foreign Countries (India) Total Intangible assets $ 1,521 $ - $ 1,521 Property, plant and equipment, net 976 4,699 5,675 Investments 773 21 794 Other non-current assets - 819 819 Total long-term assets $ 3,270 $ 5,539 $ 8,809

NOTE 3 - ACCOUNTS RECEIVABLE (D

NOTE 3 - ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018
Receivables [Abstract]
Accounts Receivable, Net, Current	$ 162	$ 558

NOTE 4 - INVENTORY (Details) -

NOTE 4 - INVENTORY (Details) - Schedule of Inventory, Current - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018
Schedule of Inventory, Current [Abstract]
Work In Progress	$ 650	$ 486
Total	$ 650	$ 486

NOTE 5 - INVESTMENT HELD FOR _2

NOTE 5 - INVESTMENT HELD FOR SALE (Details)	Sep. 30, 2018USD ($)
Investment Holdings [Abstract]
Assets Held-for-sale, Not Part of Disposal Group	$ 147,500

NOTE 6 - INVESTMENT (Details)

NOTE 6 - INVESTMENT (Details)	6 Months Ended
	Sep. 30, 2018USD ($)
ASU 2016-01 Transition [Abstract]
Investment, Percentage Sold	3.00%
Consideration for Sale of Investments	$ 2,261

NOTE 6 - INVESTMENT (Details) -

NOTE 6 - INVESTMENT (Details) - Schedule of Investments - USD ($) $ in Thousands		Sep. 30, 2018	Mar. 31, 2018
NOTE 6 - INVESTMENT (Details) - Schedule of Investments [Line Items]
Investment		$ 794	$ 799
Investment in Equity Shares of Unlisted Company Associates [Member]
NOTE 6 - INVESTMENT (Details) - Schedule of Investments [Line Items]
Investment	[1]	21	26
Middle Town Partners Co [Member]
NOTE 6 - INVESTMENT (Details) - Schedule of Investments [Line Items]
Investment	[2]	$ 773	$ 773
[1]	The movement between the two reporting periods is based on the sale at fair value of 3% of the investment in the amount of $2,261 to a director of our subsidiary and fluctuations in the exchange rate. The investment is recorded at cost.
[2]	This amount represents our investment in Midtown Partners & Co., LLC ("MTP). The investment is recorded at cost. We do not have any influence over the operations of MTP. Please see Note 11 - Related Party Transactions for more information on MTP.

NOTE 7 - OTHER CURRENT AND NO_3

NOTE 7 - OTHER CURRENT AND NON-CURRENT ASSETS (Details) - Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Advance to suppliers, others & services	$ 101	$ 299
Statutory advances	40	44
Deposit and other current assets	232	12
Total	$ 373	$ 355

NOTE 7 - OTHER CURRENT AND NO_4

NOTE 7 - OTHER CURRENT AND NON-CURRENT ASSETS (Details) - Schedule of Other Assets, Noncurrent - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018
Schedule of Other Assets, Noncurrent [Abstract]
Non-current deposits	$ 16	$ 18
Claims receivable (1)	385	0
Other advances	418	466
Total	$ 819	$ 484

NOTE 8 - INTANGIBLE ASSETS (Det

NOTE 8 - INTANGIBLE ASSETS (Details) - USD ($) shares in Thousands, $ in Thousands	Sep. 25, 2018	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Asset, Useful Life	10 years	15 years
Stock Issued During Period, Shares, Purchase of Assets (in Shares)	797
Stock Issued During Period, Value, Purchase of Assets (in Dollars)	$ 1,347

NOTE 8 - INTANGIBLE ASSETS (D_2

NOTE 8 - INTANGIBLE ASSETS (Details) - Schedule of Intangible Assets And Goodwill - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Sep. 30, 2018	Mar. 31, 2018
NOTE 8 - INTANGIBLE ASSETS (Details) - Schedule of Intangible Assets And Goodwill [Line Items]
Patent & Other Intangible Assets at the beginning of the period		$ 128	$ 0
Total		1,521	128
Patents [Member]
NOTE 8 - INTANGIBLE ASSETS (Details) - Schedule of Intangible Assets And Goodwill [Line Items]
Acquisition		46	128
Distribution Rights [Member]
NOTE 8 - INTANGIBLE ASSETS (Details) - Schedule of Intangible Assets And Goodwill [Line Items]
Acquisition	[1]	$ 1,347	$ 0
[1]	On September 25, 2018, IGC executed a Strategic Distributor and Partnership Agreement for products, including a sugar free, energy drink called 'Nitro G,' in exchange for 797 thousand restricted, unregistered common stock. The Fair Market Value (FMV) of the restricted shares was mutually agreed by the parties to be about $1,347 thousand. This amortization period for this intangible asset is ten years, which is the initial period of the Agreement. The Company periodically evaluates its impairment policy.

NOTE 9 - PROPERTY, PLANT AND _3

NOTE 9 - PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation, Depletion and Amortization	$ 14	$ 4	$ 29	$ 10	$ 19

NOTE 9 - PROPERTY, PLANT AND _4

NOTE 9 - PROPERTY, PLANT AND EQUIPMENT (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2018	Mar. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 8,056	$ 8,838
Less: Accumulated depreciation	(2,381)	(2,601)
Net Assets	$ 5,675	6,237
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life
Property, plant and equipment, gross	$ 4,645	5,175
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	25 years
Property, plant and equipment, gross	$ 1,252	1,329
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Property, plant and equipment, gross	$ 1,529	1,703
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Property, plant and equipment, gross	$ 162	159
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Property, plant and equipment, gross	$ 114	115
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Property, plant and equipment, gross	$ 64	65
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Property, plant and equipment, gross	$ 290	$ 292

NOTE 10 - OTHER CURRENT AND N_3

NOTE 10 - OTHER CURRENT AND NON-CURRENT LIABILITIES (Details) - Schedule of Other Current Liabilities - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018
Schedule of Other Current Liabilities [Abstract]
Statutory payables	$ 2	$ 4
Employee related liabilities	204	204
Accrued expenses	453	286
Total	659	494
Statutory reserve	14	15
Total	$ 14	$ 15

NOTE 11- RELATED PARTY TRANSA_2

NOTE 11- RELATED PARTY TRANSACTIONS (Details) - USD ($)	Apr. 30, 2015	Sep. 30, 2018
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Debt Instrument, Maturity Date		Feb. 23, 2022
Chief Executive Officer [Member]
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Due to Related Parties, Current		$ 112,575
Loans Payable [Member]
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Other Loans Payable		$ 107,500
Debt Instrument, Interest Rate, Stated Percentage		0.00%
Monthly Payment for Office Space and Certain General and Administrative Services [Member] | Affiliated Entity [Member]
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Amounts of Transaction		$ 4,500
Operating Leases, Rent Expense		13,500
Monthly Payment for Office and Facilities [Member] | Affiliated Entity [Member]
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Related Party Transaction, Amounts of Transaction		6,100
Operating Leases, Rent Expense		$ 18,300
Loans Payable [Member]
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		10.00%
Debt Instrument, Maturity Date		Feb. 23, 2022
Apogee Financial Services [Member]
NOTE 11- RELATED PARTY TRANSACTIONS (Details) [Line Items]
Payments to Acquire Notes Receivable	$ 70,000

NOTE 12 _ NOTES PAYABLE (Detail

NOTE 12 – NOTES PAYABLE (Details) - Notes Payable, Other Payables [Member] - Bricoleur Note [Member] - USD ($) shares in Millions, $ in Millions	102 Months Ended
	Mar. 31, 2018	Sep. 30, 2018
NOTE 12 – NOTES PAYABLE (Details) [Line Items]
Debt Instrument, Face Amount		$ 1.8
Stock Issued During Period, Shares, Other (in Shares)	1.9
Stock Issued During Period, Value, Other	$ 2.7

NOTE 13 - SECURED LOANS - OTH_2

NOTE 13 - SECURED LOANS - OTHERS (Details)	6 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)
NOTE 13 - SECURED LOANS - OTHERS (Details) [Line Items]
Interest Expense, Debt	$ 4,500	$ 9,932
Debt Instrument, Maturity Date	Feb. 23, 2022
Loans Payable [Member]
NOTE 13 - SECURED LOANS - OTHERS (Details) [Line Items]
Number of Other Loans	3
Other Long-term Debt	$ 225,250
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Maturity Date	Feb. 23, 2022
Repayments of Notes Payable	$ 202,250
Loans Payable [Member] | Note Payable 1 [Member]
NOTE 13 - SECURED LOANS - OTHERS (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	15.00%
Debt Instrument, Face Amount	$ 50,000
Loans Payable [Member] | Note Payable 2 [Member]
NOTE 13 - SECURED LOANS - OTHERS (Details) [Line Items]
Other Long-term Debt	$ 67,750
Debt Instrument, Interest Rate, Stated Percentage	15.00%
Debt Instrument, Maturity Date	Feb. 23, 2022
Loans Payable [Member] | Note Payable 3 [Member]
NOTE 13 - SECURED LOANS - OTHERS (Details) [Line Items]
Other Long-term Debt	$ 107,500
Debt Instrument, Interest Rate, Stated Percentage	0.00%
Debt Instrument, Maturity Date	Feb. 23, 2022

NOTE 15 - COMMON STOCK AND AD_2

NOTE 15 - COMMON STOCK AND ADDITIONAL PAID UP CAPITAL (Details) - $ / shares	3 Months Ended	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Mar. 31, 2018
NOTE 15 - COMMON STOCK AND ADDITIONAL PAID UP CAPITAL (Details) [Line Items]
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Unit Description		Units that are not listed consisting of one share of Common Stock and two redeemable warrants to purchase Common Stock
Warrant Description of Call Feature		The Company has a right to call the warrants, provided the Common Stock has traded at a closing price of at least $85.00 per share for any 20 trading days within a 30-trading day period ending on the third business day prior to the date on which notice of redemption is given. If the Company calls the warrants, either the holder will have to exercise the warrants by purchasing one share of Common Stock from the Company by surrendering 10 warrants and a payment of $50.00, or the warrants will expire
Common Stock, Shares Authorized	150,000,000	150,000,000	150,000,000
Units Issued		91,772
Units Outstanding		91,772
Common Stock, Shares, Issued	34,247,769	34,247,769	30,764,192
Common Stock, Shares, Outstanding	34,247,769	34,247,769	30,764,192
Class of Warrant or Right, Outstanding	11,671,578	11,671,578
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	1,167,158	1,167,158
Stock Issued During Period, Shares, Issued for Services		120,000
Stock Issued During Period, Shares, New Issues		3,900,000
Common Stock, Shares Subscribed but Unissued	1,726,565	1,726,565
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	1,025,000
Options Granted to Advisors [Member]
NOTE 15 - COMMON STOCK AND ADDITIONAL PAID UP CAPITAL (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	320,000	60,000
Shares Settled [Member]
NOTE 15 - COMMON STOCK AND ADDITIONAL PAID UP CAPITAL (Details) [Line Items]
Stock Issued During Period, Shares, New Issues		1,800,000
Two Agreements [Member]
NOTE 15 - COMMON STOCK AND ADDITIONAL PAID UP CAPITAL (Details) [Line Items]
Common Stock, Shares Subscribed but Unissued	1,666,565	1,666,565

NOTE 16 - STOCK-BASED COMPENS_3

NOTE 16 - STOCK-BASED COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Mar. 31, 2018
NOTE 16 - STOCK-BASED COMPENSATION (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		320,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	910,000	910,000	650,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	1,025,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	60,000	60,000
Options Granted to Advisors [Member]
NOTE 16 - STOCK-BASED COMPENSATION (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	320,000	60,000
2018 Omnibus Incentive Plan [Member]
NOTE 16 - STOCK-BASED COMPENSATION (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		262,228
ESOP 2008 Omnibus Plan [Member]
NOTE 16 - STOCK-BASED COMPENSATION (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		4,439,899
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	4,439,899	4,439,899
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	910,000	910,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price (in Dollars per share)	$ 0.34	$ 0.34
Fair Value of Options (in Dollars)	$ 350	$ 350
ESOP 2008 Omnibus Plan [Member] | Minimum [Member]
NOTE 16 - STOCK-BASED COMPENSATION (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date		Oct. 31, 2022
ESOP 2008 Omnibus Plan [Member] | Maximum [Member]
NOTE 16 - STOCK-BASED COMPENSATION (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date		Oct. 31, 2023

NOTE 16 - STOCK-BASED COMPENS_4

NOTE 16 - STOCK-BASED COMPENSATION (Details) - Disclosure of Share-based Compensation Arrangements by Share-based Payment Award - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 114	$ 256
Option-based Compensation to Advisers and Contractors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	43	59
Cost of Sales [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	0	13
Cost of Sales [Member] | Option-based Compensation to Advisers and Contractors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	0	10
Selling, General and Administrative Expenses [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	114	243
Selling, General and Administrative Expenses [Member] | Option-based Compensation to Advisers and Contractors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	13	19
Finite-Lived Intangible Assets [Member] | Option-based Compensation to Advisers and Contractors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 30	$ 30

NOTE 16 - STOCK-BASED COMPENS_5

NOTE 16 - STOCK-BASED COMPENSATION (Details) - Share-based Compensation, Stock Options, Activity - shares	3 Months Ended	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Share-based Compensation, Stock Options, Activity [Abstract]
Balance as of March 31 2018		650,000
Option Granted during the period		320,000
Option Exercise during the period	(60,000)	(60,000)
Balance as of September 30 2018	910,000	910,000

NOTE 18 - SELLING, GENERAL AN_2

NOTE 18 - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disclosure Text Block [Abstract]
Selling, General and Administrative Expense	$ 873	$ 335	$ 1,427	$ 721
Research and Development Expense	$ 237	$ 78

NOTE 20 - OTHER LOSS - NET (Det

NOTE 20 - OTHER LOSS - NET (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Other Income and Expenses [Abstract]
Other Loss	$ 3	$ 41	$ 4	$ 77

NOTE 22 - RECONCILIATION OF E_2

NOTE 22 - RECONCILIATION OF EPS (Details) - shares	6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
NOTE 22 - RECONCILIATION OF EPS (Details) [Line Items]
Weighted Average Number of Shares Outstanding, Basic	31,344,648	27,355,826
Options and Warrants [Member]
NOTE 22 - RECONCILIATION OF EPS (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,300,000
Outstanding Units [Member]
NOTE 22 - RECONCILIATION OF EPS (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	27,532

NOTE 23 - SEGMENT INFORMATION_2

NOTE 23 - SEGMENT INFORMATION (Details)	6 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Number of Reportable Segments	2

NOTE 23 - SEGMENT INFORMATION_3

NOTE 23 - SEGMENT INFORMATION (Details) - Revenue from External Customers by Products and Services - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue from External Customer [Line Items]
Total Revenue	$ 811	$ 235	$ 2,289	$ 289
Percentage of Total Revenue			100.00%
Legacy Infrastructure [Member]
Revenue from External Customer [Line Items]
Total Revenue			$ 2,289
Percentage of Total Revenue			100.00%
Alternative Therapies [Member]
Revenue from External Customer [Line Items]
Total Revenue			$ 0
Percentage of Total Revenue			0.00%

NOTE 23 - SEGMENT INFORMATION_4

NOTE 23 - SEGMENT INFORMATION (Details) - Revenue from External Customers by Geographic Areas - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
NOTE 23 - SEGMENT INFORMATION (Details) - Revenue from External Customers by Geographic Areas [Line Items]
Total Revenue	$ 811	$ 235	$ 2,289	$ 289
Percentage of Total Revenue			100.00%
INDIA
NOTE 23 - SEGMENT INFORMATION (Details) - Revenue from External Customers by Geographic Areas [Line Items]
Total Revenue			$ 59
Percentage of Total Revenue			3.00%
HONG KONG
NOTE 23 - SEGMENT INFORMATION (Details) - Revenue from External Customers by Geographic Areas [Line Items]
Total Revenue			$ 2,230
Percentage of Total Revenue			97.00%
UNITED STATES
NOTE 23 - SEGMENT INFORMATION (Details) - Revenue from External Customers by Geographic Areas [Line Items]
Total Revenue			$ 0
Percentage of Total Revenue			0.00%

NOTE 23 - SEGMENT INFORMATION_5

NOTE 23 - SEGMENT INFORMATION (Details) - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018	Mar. 31, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Intangible assets	$ 1,521	$ 128	$ 0
Property, plant and equipment, net	5,675	6,237
Investments	794	799
Other non-current assets	819	484
Total long-term assets	8,809	$ 7,648
Geographic Distribution, Domestic [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Intangible assets	1,521
Property, plant and equipment, net	976
Investments	773
Other non-current assets	0
Total long-term assets	3,270
Geographic Distribution, Foreign [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Intangible assets	0
Property, plant and equipment, net	4,699
Investments	21
Other non-current assets	819
Total long-term assets	$ 5,539

NOTE 24 - SUBSEQUENT EVENTS (De

NOTE 24 - SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Millions	Oct. 02, 2018	Sep. 30, 2018
NOTE 24 - SUBSEQUENT EVENTS (Details) [Line Items]
Stock Issued During Period, Shares, New Issues		3,900,000
Subsequent Event [Member]
NOTE 24 - SUBSEQUENT EVENTS (Details) [Line Items]
Stock Issued During Period, Shares, New Issues	3,854,375
Proceeds from Issuance or Sale of Equity	$ 23.6
Subsequent Event [Member] | Weighted Average [Member]
NOTE 24 - SUBSEQUENT EVENTS (Details) [Line Items]
Sale of Stock, Price Per Share	$ 6.12