CHENNAI(Tamil Nadu)DEVELOPMENT
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1 sep 2010
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Chennai Port's new hub. Rs 100 Cr for land acquisition.
The shipping ministry has allocated Rs 100 crore to the Chennai Port Trust to procure about 125 acres of land from Tamil Nadu government on a long-term lease. This is to set up a dry port and multi-modal logistics hub near Sriperumbudur special economic zone. The port trust intends to procure land from the State Industries Promotion Corporation of Tamil Nadu (Sipcot). The state government will make available the land at Mapeddu on lease for 99 years to the port trust. The port will be developed on a build-operate and transfer basis. The private operator will build and operate the facility for a 30-year licence period. The dry port will have an inland container depot/offdock container freight station, container yard, rail and road connectivity to national rail and road network, trade centre, warehouses for containerised cargoes like leather garments, textiles, automotive components and electronic hardware. The hub will also have an onsite customs clearance facility. |
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31 Aug 2010
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Chennai outer ring road work stared
Tamil Nadu deputy chief minister M K Stalin on Sunday laid the foundation for the first phase of the 62.3-km outer ring road project, covering Vandalur to Minjur. The estimated project cost, including Phase II, is around Rs 1,082 crore.
Speaking at the function, Stalin said the width of the ring road would be 122m and the first phase would stretch from Vandalur to Nemmilichery, a distance of 30km. The government is already in the process of acquiring land for the second phase, which would run from Nemmilichery to Minjur.
Stalin also inaugurated several works of the highways, municipal administration and public works departments, including the inauguration of a bridge over Buckingham canal, a flyover at Porur Salai, the Pattabiram-Tiruninravur bridge in Tiruvallur district and the high-level bridge over Cooum river connecting Mogappair and Nerkundram. Additionally, he attended the ribbon cutting for the new municipality at Avadi and the new out-patient ward at government hospital on Poonamalee High road.
Stalin said the government had widened 10,720 km of highways in the past four years, while only 3,059 km of highways were widened during the previous regime. |
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14 aug 2010
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TAX PAYERS MONEY WASTED due to delay:
Eleven years after the government decided to replace all railway level crossings between Chennai Beach and Tambaram with a subway or a bridge, a road overbridge that would replace the existing railway level crossing (LC No: 29) near Tambaram Sanatorium will be inaugurated by state highways minister Vellakoil Saminathan, on Sunday.
Workers of the city projects wing of the state highways department were busy giving final touches including levelling a few patches on the pedestrian pathway along the bridge on Saturday. One of the long-awaited and much-delayed project in the southern suburbs, the Rs 16-crore bridge is part of the gauge conversion between Tambaram and Chennai Beach. "After many hurdles, we were able to complete the project. The project costs was equally shared by the state highways and Southern Railway," a state highways official told TOI.
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4 aug 2010
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IOC will construct Rs. 8,000 Crore LNG terminal.
The MoU was signed by IndianOil Chairman B M Bansal and Tamil Nadu Industries Principal Secretary Rajeev Ranjan in the presence of Chief Minister M Karunanidhi, a company statement here said.
The MoU encompasses setting up of a 2.5 million tonnes per annum LNG terminal at a cost of Rs 3,000 crore, it said, adding the capacity (of the terminal) can be increased to five million tonnes.
The complex at Ennore would include a 1000MW LNG-based Power Plant that would cost around Rs 5,000 crore.
Under the MoU, IndianOil and TIDCO would jointly set up the LNG import and re-gasification terminal, including marine facilities, LNG based Power Plants, Gas Grid in Tamil Nadu in addition to participating in gas distribution business.
The Ennore Gas Terminal was expected to be commissioned by 2014-15, it said. |
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4 aug 2010
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JK tyre invest Rs. 1500 cr in Sriperumbudure 4Aug2010
Tyre major JK Tyre on Wednesday announced an investment of Rs 1,500 crore to set up a state-of-the-art greenfield radial tyre manufacturing unit near here which would produce 56 lakh tyres annually. The plant to be set up in the industrial hub of Sriperumbudur would start production by the end of 2011 in first phase. Full supply of radial tyres from the new plant would start in 2012. The plant would employ 1,000 high-end skilled labourers and Tamil Nadu was chosen for the company's expansion in view of it emerging as an auto hub and the firm's existing presence in Karnataka, Singhania said. The company, he said, had invested Rs 500 crore on expansion activities in the last few years, adding it would soon come out with ''India's first'' 3.5 tonne 57 inch ultra-large size tyre to be used in Off The Road (OTR) earth-moving equipment. |
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3 aug 2010
Kovai Title Park
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கோவையில் அவினாசி ரோட்டில் அரசு மருத்துவக் கல்லூரி அருகே ரூ. 380 கோடி செலவில் டைடல் பார்க் (தகவல் தொழில் நுட்ப பூங்கா) அமைக்கப்பட்டுள்ளது. சென்னைக்கு அடுத்த படியாக மிகப் பிரமாண்ட முறையில் 9.5 ஏக்கர் பரப்பளவில் இந்த டைடல் பூங்கா அமைந்துள்ளது.
இந்த டைடல் பார்க் கட்டிடத்திற்கு மேற்கு பகுதியில் 9.5 ஏக்கர் பரப்பளவில் விப்ரோ மென்பொருள் நிறுவனத்தின் கட்டுமான பணிகள் நடைபெற்று வருகிறது. கிழக்கு பகுதியில் 4 ஏக்கர் பரப்பளவில் எச்.சி.எல். நிறுவனம் அமைய உள்ளது. இது தவிர 12.9 ஏக்கர் பரப்பளவில் மென் பொருள் நிறுவன அலுவலகங்களுக்கான குடியிருப்பு கட்டப்பட உள்ளது. இந்த தகவல் தொழில் நுட்ப பூங்கா மூலம் 12 ஆயிரம் பேருக்கு வேலை வாய்ப்பு கிடைக்கும். |
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2 Aug 2010
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Apollo would be investing rs 300 crore in its Green field Chennai plant in 2010, in order to ramp up the production and make this plant as the most efficient, modern and productive tyre plant across Asia
At the Chennai plant, Apollo's total investment this year will be Rs. 2300 crore and so far only Diploma engineers had been employed as the IT driven machinery needs technical knowledge and advanced skills. By the end of 2010, according to the Chairman of Apollo, the Chennai plant will produce 16,000 passenger car and 6000 truck-bus radial tyres every day |
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09 June 2010
Chennai Metro Project
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State-run BHEL and France’s Alstom have joined hands to jointly bid for the Rs 14,000 crore Chennai Metro Rail Project.
“We have signed an in-principle agreement with Alstom for the Chennai metro project,” BHEL Chairman and Managing Director B.P. Rao told reporters here. He, however, said that equity participation by both the firms is yet to be finalised. “The agreement has been signed between us, but the equity portion is yet to be decided,” Mr. Rao said.
The Chennai Metro Rail Project, which got Cabinet approval in January 2009, will cover a total length of over 45 km, connecting Washermanpet and Chennai Airport and Chennai Fort and St Thomas Mount, with both corridors partially running underground.
Chennai Metro Rail Corporation Limited, a special purpose vehicle owned jointly by the Centre and the Tamil Nadu government on a 50:50 basis, is executing the project. |
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10th May 2010  |
NEW PALAR BRIDGE INAUGURATION TODA
The long pending Palar bridge will now inaugurated by Durai Murugan Minister for Law, Courts and Prisons on Friday. It will be held under the presidentship of the Minister for Highways and Minor Ports Vellakovil Swaminathan at Virudhambut on the northern side of the bridge at 5 p.m. The bridge has been constructed by the National Highways and the State Highways Department, across the Palar in Vellore, at a cost of Rs.16.01 crore.
S.Jagathrakshakan, Union Minister of State for Information and Broadcasting, would be the chief guest at the function.
The inauguration is being eagerly awaited by road-users of Vellore and Katpadi – the two places that the bridge connects – in view of the narrowness of the existing 35-year-old PolurSubramanian Bridge. Moving of traffic at a snail`s pace was not uncommon on the existing bridge whenever a vehicle got repaired in the middle of the structure or when a bullock cart passed through the bridge.
The new bridge has been constructed in place of the Old Palar Bridge, which crumbled about 17 years ago. With the inauguration of the new bridge, traffic on the Polur SubramanianBridge as well as the New Palar Bridge (formerly known as Old Katpadi Road) would be made one-way. |
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28th April 2010  |
Adyar Bridge:
A three-lane bridge next to to the Thiru Vi Ka Bridge across the Adyar river should be ready in a year's time, according to officials of the Highways Department.
Work on the new bridge is expected to start by June; bids have been received from contractors for the Rs.13-crore project and are under consideration.
The new bridge, which will be 300 metres long and 11 metres wide, will be higher than the existing bridge, and it will come up in the space between Thiru Vi Ka bridge and an old bridge that is not in use anymore.
On completion, it should ease traffic congestion on the stretch, which is now choked with vehicles during rush hour. |
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Chennai, May 7  |
Ennore Bridge:
The much-awaited construction of a bridge across Ennore Creek to connect North Chennai Thermal Power Station Road with Ennore Expressway will soon be taken up at a cost of Rs 20 crore.
“It will make the approach to NCTPS and Ennore port much easier,” said a senior highway official.
“At present, one has to travel at least 14 km via Ennore Manali Expressway and Tiruvottiyur Ponneri Panchetty (TPP) Road.” The proposed bridge will come up across the Buckingham Canal and Kosasthalayar River.
Though the bridge project was proposed much earlier, the finalisation of alignment got delayed because of the notification of the Inland Waterway Authority.
“The alignment was finalised after joint inspection by various agencies including the public works department only in February 2010,” the official added.
Sources said that the tenders would be invited after the bridge design is given formal approval.
Trucks carrying containers from Chennai port will be able to use this bridge to reach freight stations located in TPP road. |
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29 Jan 2010
Mehta Nagar |
Contracts for building three bridges in chennai approvd.
a) The cooum at the end of officer's colony 1st st in Mehta Nagar in Ward 73, with 3.37 crore..
b) The bridge across Otteri Nullah connecting Narasimha Nagar and M.S.Nagar would be 21.68-m long, have a 10.9-m wide carriageway and have footpaths of .55 m on both sides.
c) he bridge on Pari Street across Virugambakkam Canal in the Kilpauk zone would be constructed at a cost of Rs.1.43 crore. The length of the facility would be 43 m and the breadth 18.40 m |
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22 jan 10
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சென்னை : ""மதுரை, சிவக்கை மாவட்டங்களில் 2,000 கோடி ரூபாயில் ஸ்டீல் மற்றும் விவசாயத்திற்கு தேவையான இயந்திரங்கள் உற்பத்தி தொழிற்சாலை துவக்கப்படும்,'' என இந்தோனேசிய தொழிலபதிபர் செந்தில் அண்ணாமலை தெரிவித்தார். இந்தோனேசியாவைச் சேர்ந்த தொழிலதிபர் செந்தில் அண்ணாமலை, தலைமைச் செயலகத்தில் நேற்று முதல்வர் கருணாநிதியை சந்தித்த பின், நிருபர்களிடம் கூறியதாவது: மத்திய அமைச்சர் அழகிரி, சமீபத்தில் இந்தோனேசியா மற்றும் ஹாங்காங் சுற்றுப்பயணம் வந்த போது, தமிழகத்தில் தென் மாவட்டங்களில் தொழிற்சாலை நிறுவ அழைப்பு விடுத்தார். அதை ஏற்று, மதுரை மற்றும் சிவகங்கை மாவட்டங்களில் 2,000 கோடி ரூபாயில் ஸ்டீல் தொழிற்சாலை, விவசாயத்திற்கு தேவையான இயந்திரங்கள் உற்பத்தி தொழிற்சாலை, கட்டடங்களுக்கான மூலப்பொருட்கள் தயாரிக்கும் தொழிற்சாலை, கார் தயாரிப்பிற்கு தேவையான உதிரி பாகங்கள் தயாரிக்கும் தொழிற்சாலை ஆகியவற்றை நிறுவ திட்டமிட்டுள்ளோம்.
இதற்கான புரிந்துணர்வு ஒப்பந்தம், மார்ச் மாதத்தில் கையெழுத்தாகும். புதிய தொழிற்சாலைகள் நிறுவப்பட்டால், தென் மாவட்டங்களைச் சேர்ந்த 3,000 பேருக்கு நேரடி வேலை வாய்ப்பும், 7,000 பேருக்கு மறைமுக வேலை வாய்ப்பும் கிடைக்கும். |
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13 Nov 2009
M&M Car Plant |
On thursday, The Tamil Nadu Govt approved Rs. 1,800 crore car plant proposal of Mahindra & Mahindra at Cheyyar, 100 km from Chennai. The plant will manufacture 1.5 Lakh cars per annum, apart from tractors and spare parts, providing 2,500 direct jobs. The first vehicles are likely to be rolled out by 2012. This investment will make 'Tamil Nadu the undisputed leader in automobile manufacturing in the country. The state govt will allot 450 acres in Tiruvannamalai district for the facility.
Chennai is home to global auto majors like BMW, Daimler Chrysler , Renault Nissan, Ford, Hyundai, Mitsubishi and domestic companies like Ashok Leyland and TVS Motor. |
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2 Oct 2009
Southern States |
Videocon is considering pretty big investment, of Rs. 1,500 crore, for all consumer durables.They may set up two plants one at Manamadurai and another near Tirunelveli.
Sterlite Industries has said, will double the size of their smelter plant in Tuticorin. with the investment of Rs. 1,500 crore.
Coastal Energy Compan;y is planning to set up a plant in Tuticorin for Power project wth the Chines investment of Rs. 5,000 crore.
A tyre manufacturing unit is under discussion for a co in Kanyakumari and Nagercoil. with 100 acre ist in the SIPCOT. |
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30 Sep 09
Nerkundram to Poonamallee HR |
The state highways department has called for tenders for the project and will issue the work order next month. The bridge will ocst Rs. 16 crore. The need for such a bridge has been a long pending demand. The existing road level bridge over the cooum, constrructed about four decades ago, is in a dilapidated state and could collapse any time. The highway dept move has evoked a welcome response from residents in Mogappair and Nerkundram. |
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26 sep 09
16 Pedestraian subways to come up in Chennai |
Pedestrain subways have been proposed at eight places on Jawaharlal Nehru High Road, Four Places on Anna Salai, and two each on Poonamallee High Road and GST Road. The subways will be constructed in a phased manner at a total cost of Rs. 60 crore.
 Eldams Road Junction
AG Chruch at Little Mount
Halda junction near the Tamil nadu Pollution Control Board Office
Madras Export Processing Zone on GST Road
Anna Nagar West bus depot
Near Kasi Theatre
Near Udhayam theatre
Subways to be build at a cost of Rs. 60 crore.
Work on three to five subways may begin in this financial year 2009 - 2010. |
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25 sep 09 |
Koyambedu to get new flyover:
According to the proposal submitted to the state government for approval recently, the flyouver will stretch for 1km from the Jawaharlal Nehru High Road to Kaliyamman Koil Road signal to the siganal to the signal in front of the CMBT.
Jawaharlal Nehru High Road is one of the four state highways in the city. The volume of traffic increasing with every passing day. Traffic jams on Kaliyamman Koil Road are common since it is the entrance and exit point for government and private long route buses to reach the Koyambedu terminus.
Accourding to the recent survey conducted by the Highways Dept on the stretch near the CMDA bus stop, an average of 1.2 Lakh to 1.3 Lakh vehicles use this place every day. About 60% - 70% of these are two wheelers.
The expected cost of this project is Rs. 35 crore. |
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26 sep 09
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NEW BRIDGE OVER ADYAR RIVER:
New bridge will come up between the old arch vent bridge and the Thiru Vi Ka bridge. So for the Thiru Vi Ka bridge has served as the sole connection betweeen neighbourhoods of Adyar and Mylapore. For people living in south Chennai, life would be unimaginable without this bridge, with thousands crossing it every day to get from one part of the city to another. The consultant identified by the department is expected to submit the project report and estimates within a week. Following which , the design wing will clear the desing before it is sent to the government so that tenders could be floated.
Uncertainty over the alignment of elevated corridor near the Adyar river also made the Chenani Corporation shelve its plan to have anew link road connecting Broadis Castle Road via Music College to Thiru Vi Ka bridge in order to ease vehicular movement at the Greenways Road - Durgabai Deshmukh Road Junction.
The four lane Thiru Vi Ka bridge is 14.9 m wide. At least 8.5 m , which is available between the arch vent bridge and the existing one, will be taken up for the new bridge. |
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23 Sep 09
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Elevated Highway work to start in Nov 2009:
Construction work on the 19 km long elevated highway the longest of its kind in the country connecting Chennai Port with Maduravoyal via Koyamedu traffic junction will begin in Nov 2009.
The project will be implemented at a cost of Rs. 1,500 cr.
Hyderabad based Soma Enterprises, which is implementing the Metro Rail project, has bagged the contract for the highway.
Construction work will begin in Nov and is scheduled to be completed in 3 years.
The highway will go along Cooum river till Koyamedu and go over the middle of Poonamallee High Road from Koyambedu to Maduravoyal.
The elevated highway will have entry ramps at Sivananda Salai, College Road and Koyambedu. Exit ramps will come up at Kamarajar Salai, Spur Tank Road and Koyambedu.
Toll Plazas will be put up at Spur Tank Road and Maduravoyal. |
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20 Sep 09
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Deputy Chief Minister visit Proposed Financial city site:
Chennai, Perumbakkam. Tamilnadu Industrial Development Corporation has identified 180 acres in Sholinganallur - Perumbakkam villages for the proposed Financial City. 180 Acres identified in Sholinganallur.
The city could also house information technology product and solution vendor teams to specifically cater to the needs of these financial institutions and also include IT infrastructure management and customer servicing for the financial institutins. It would also have training centres staff training college and relevant eductional institutions. The government was studying other financial cities including the one in Singapore.
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08 Jan 09
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An Expressway into the future
Chennai : It will stretch over 19 km, cost a whopping Rs. 1,665 crore and be the artery of freight traffic between Chennai port and other parts of the country. Prime Minister manmohan Singh on Friday laid the foundation stone for one of India's longest elevated express ways connecting Chennai Port to Maduravoyal in the outskirts of the city. Its scale can be gauged from the fact that the only comparable projects of this size are the Mumbai transharbour link stretching from Sewri to Nhava and the Hosur elevated expressway in Bangalore.
The tolled elevated expressway will take off from the Chennai port near the war memorial gate before it snakes along the banks of the Cooum river till Koyambedu from where it will travel along the NH4. Union shipping and surface transport minister T.R. Baalu is the great person to be appreciated in this scheme.
Foundation for Chennai elevated road project laid. < Click >
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08 July 08 
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Commercial Vehicles Co: at Oragadam.
A memorandum of understanding was signed on Monday between the State govt and Daimler Hero Commercial Vehicles Co for a Rs. 3,000 croe project to be implemented at the SIPCOT industrial park in Oragadam. The German co with collaboration, will manufacture 70,000 commercial vehicles a year, will be established by 2010. In a few years, the investment may go up to Rs. 4,000 crore. In the presence of Chief Minister M. Karunanidhi, the MOU was signed by M.F. Farooqui, Industries Secretary Andreas Renschler, member of the Board of Management of the Daimler AG, Sunil Kant Munjal, managing director of the Hero Corporate Services. |
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Port: at Thiruchopuram.
A port will be constructed with 1500 crore. will handle 250 lakh tones of cargo annually. Total 7,290 croe got under way on Wednesday with Chief Minister M.Karunanidhi laying the foundation stone for the projects at the Secretariat. Among the present were Arcot N. Veeraswami, Electricity Minister. M.RK. Panneerselvam, Health Minister, Vellakoil M.P. Saminathan, Highways and Minor Port Minister k. Venkatapathy etc
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03 July 08 |
Ship Building Yard: near Cuddalore.
The Silambimangalam ship building yard would have the capacity of 75,000 tonnes. Investment of Rs. 1,000 crore, the yard will roll out its first ship by late 2010 or early 2011, according to C. Muthukumaraswamy, Vice Chairman and Chief Executive Officer of Tamil Nadu Maritime Bard. |
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03 July 08 |
Refinery project: near Cuddalore.
Tamil Nadu Industrial Development Corporation will implement the refinery project in association with the Nagarjuna Fertilizers and Chemicals Ltd and a host of Companies. Estimate cost Rs. 4,790 crore, the refinery project, having a capacity of 60 lakh tonnes a year, will be completed in 33 months. It will be commissioned by 2011. |
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Tamil Nadu takes IT dream to hinterland.
Tamil Nadu allots land to IT Companies in the Tire - II Cities after a long delay.
The IT portfolio being headed by the CM himself has made the process of setting up state run IT Parks much easier and very efficient. Clearances for environmental impact assessment are also done very quickly.
| COMPANY |
PLACE |
LAND ALLOTMENT |
| HCL |
Madurai - Izhandaikulam
Madurai - Vadapalanji |
5 Acres
60 Acres |
| Southrnland |
Madurai - Izhandaikulam
Trichy - Navalpattu
Tirunelveli - Gangaikondan
Kancheepuram - Sholinganallur |
5 Acres
10 Acres
10 Acres
61.97 Acres |
| Honeywell |
Madura - Izhandaikulam |
5 Acres |
| Tessolve |
Madura - Izhandaikulam |
2.5 Acres |
| Satyam |
Madurai - Vadapalanji |
50 Arcres |
| Sify |
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| CTS |
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| Scope |
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In the Siruseri IT Park promoted by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) there are more than 60 IT and ITES companies. SIPCOT has allocated land to
TCS (70 acres),
Xansa (27),
Hexaware (27),
Syntel (27),
CTS (25),
Patni (18), and
Polaris (13).
Beside ELCOT has allocated 80 acres to Wipro, 50 acres to HCL and 50 acres to Satyam Computer Services in Sholinganallur.
The State is setting up new IT parks in Tiruchi (50 acres), Madurai (10 and 250 acres), Tirunelveli (400 acres), Coimbatore (12 acres), Salem (100 acres) and Hosur (19.5 acres). |
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23 Feb 08 |
Nissan, Renault to set up unit in Chennai.
In an equal joint venture agreement, Renault and Nissan have decided to invest Rs. 4,500 crore to set up an integrated Greenfield automotive facility at Oragadam near Chennai.
A memorandum of understanding (MoU) in this regard was signed with the Government of Tamil Nadu. The project will come up on 678 acres and will provide vehicle production platforms for the two car-makers. It will also have powertrain facility. The plant will have an installed capacity of four lakh vehicles annually. The facility is expected to go on stream in 2010.
Senior Vice-President of Nissan Colin Dodge, said "it is a major investment by Nissan into India, next to China. Nissan will like this project to be a world class one and wants it to be a Nissan's export hub." The Oragadam plant would bring out compact cars initially into the market. He said both the companies would share facilities equally. |
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23 Feb 08 |
Elevated road to link War Memorial and Madhuravoyal Planned.
A 19.2 km long four lane elevated road to link War Memorial near the State Secretariat and Madhuravoyal will be laid at a cost of Rs. 1,500 crore, Union Minister for Shipping, Road Transport and Highways T. R. Baalu said on Friday.
Chief Minister M. Karunanaidhi would be laying the foundation stone for the project shortly, Mr. Baalu said. The project is to facilitate sppdier movement of cargo from Chennai port to different parts of Tamil Nadu. |
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12 Nov 07 |
Satyam to open software development centre in Madurai
Satyam Computer Services, the Hyderabad based software company, will open a software development centre in Madurai.
It has been allotted 50 acres under the Electronic Corporation of Tamil Nadu (ELCOT) scheme, proposed on the university land on Theni road, according to Subu D. Subramanian, director and senior vice president (Manufacturing and Automotive Business Group).
The Centre had given in principle approval for two SEZs in Madurai and for one each in Tirunelveli, Tiruchi, Salem, Hosur and Kancheepuram districts, which would yield a total investment of Rs. 3,000 crore for infrastructure projects alone.
Satyam would build its own Chennai Campus at the ELCOT SEZ in Sholinganallur on the Rajive Gandhi road The first phase would be ready in June 2008. The new centre would facilitate Satyam Computer Services to increase its employee strength in Chennai to around 20,000 in the next three years. |
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Supercritical thermal power plant by 2011
A thermal power project with supercritical technology is to come up on a 900 acre "government poromboke" site at Udangudi in Tuticorin district.
The 2X800 MW project with a total capital outlay of about Rs. 8,500 crore will start functioning from 2011, increasing power availability in the state.
Chief Minister M. Karunanidhi, Union Minister for Heavy Industries and Public Enterprise Sontosh Mohan Dev and State Electricity Minister N. Veeraswami were among those present when the MoU was signed by B HEL Chairman and Managing Director Ashok K. Puri and TNEB Chairman Hans Raj Verma. The JVC is expected to be in place in place in about three months. The project work would commence shortly thereafter. |
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20 Oct 2007: |
Chennai, Sriperumbudur in for $3 billion investment expected.
| Foxconn |
$520 Million |
| Flextronics |
$120 Million |
| Jabil Green Point |
$80 Million |
| Sanmina |
$70 Million |
| Aspocomp |
$70 Million |
| Nokia and Nokia Siemens |
$520 Million |
| Samsung |
$40 Million |
| Dell |
$60 Million |
| Hyundai |
$800 Million - Car manufacturing expansion. |
| Nissan |
$450 Million |
| Ford |
$400 Million |
| Renault |
$400 Million |
| Mahindra & Mahindra |
$400 Million |
Around 4,000 firms are waiting in the wings to invest in India. To lure at least 1 percent of them to invest in India by 2008, Members from IACC are leading delegation to Perth, Sydney and Melbourne from November 10 to 17. |
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Photovoltaic Fab unit Planned
Orakkadam: Chennai. 18 Sep 2007. Moser Baer Photo Voltaic plans a photovoltaic fab manufacturing unit in the Oragadam industrial area with an initial investment of Rs. 2,000 crore.
The co enter the solar power generation business by manufacturing solar cells and modules.
It has sought 250 acres, plus 50 acres for residential quarters. Initially, the state Govt has agreed to give it 120 acres. Moser Baer Managing director d
eepak Puri said" "We will start the work on this unit within one month from the date of allotment of land. The first product will be ready for launch within 15 to 18 months. We expect revenue of $1 billion in the first three and half years. Funding is not a problem, since Moser Baer has cash reserves of Rs. 1,000 crore."
The unit provide employment to 4,000 people in the initial stage. |
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Other Projects
Perungudi: Chennai sewage treatment plant improvement and expansion at Perungudifor Rs. 35 crore.
Venkatamangalam: Development of scientific landfill at Venkatamanagalam for Rs. 48 crore.
Madurai: Solid waste management scheme for Rs. 110 crore.
Madurai: Road improvement scheme for Rs 115 crore.
Madurai: Check dams across vaigai for Rs 4.8crore.
Avaniyapuram: Underground sewage schme for Rs 23.9 crore. |
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