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Two new indl corridors planned in Tamil Nadu

Discussion in 'World Economy' started by Naren1987, Sep 1, 2011.

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  1. Naren1987

    Naren1987 Captain SENIOR MEMBER

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    The two new, proposed industrial corridors in Tamil Nadu are expected to attract investments over Rs 1.95 lakh crore. The corridors are meant to aid dispersal of industrial investments and development of greenfield infrastructure projects in the southern part of the state.

    Addressing a conference on industrial corridors in southern region organised by the Confederation of Indian Industry (CII), N Sundaradevan, state industries secretary said the state government was planning a Chennai-Bangalore industrial corridor along the traditional route of Chennai-Ranipet-Hosur-Bangalore.

    It would be different from the corridor mooted by the Central government along three national highways linking Chennai to Bangalore through Nellore and Chitradurga.

    Tamil Nadu was also planning to develop Chennai-Madurai-Tuticorin-Tirunelveli corridor and Coimbatore-Salem corridor.

    According to B Suresh, president and CEO, Mahindra Consulting Engineers Ltd, which recently submitted a report on the two corridors, said the Coimbatore-Tirupur-Namakkal-Erode-Salem corridor is expected to attract investment to the tune of Rs 14,711 crore to create infrastructure alone, which in turn will create investment opportunity of Rs 43,188 crore overall.

    This corridor would attract industries including agriculture, manufacturing, education, information technology and special tourism investment zone.

    The other corridor Madurai-Tuticorin-Tirunelvei corridor will attract Rs 40,105 crore to create infrastructure and in turn it will create investment opportunity of Rs 1.9 lakh crore and would create employment for 1.8 million people.

    Infrastructure in both the corridors will be created in association with private partners, said Suresh.

    Two new indl corridors planned in Tamil Nadu
     
  2. Naren1987

    Naren1987 Captain SENIOR MEMBER

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    Industrial corridor report ready

    The Detailed Project Report (DPR) for the first portion of the Chennai-Bangalore Industrial Corridor (CBIC) from Chennai to Ranipet is ready while it is under preparation for the rest of the corridor, said Industries Secretary Sundaradevan on Tuesday.

    Delivering the special address at a conference on ‘Industrial corridors in the southern region,' organised by the Confederation of Indian Industry, he said that they were planning the CBIC along the traditional route instead of the route mooted by the Centre.

    The CBIC would pass through Chennai-Ranipet-Hosur-Bangalore. The route suggested by the Centre was along National Highways 4, 7 and 46, linking Chennai and Bangalore through Nellore and Chitradurga. Besides, the State had drawn up plans to develop the Madurai-Tuticorin-Tirunelveli corridor and the Coimbatore-Salem corridor. As location played an important role in the setting up of industries, the government would focus on the industrialisation of southern districts with world-class infrastructure facilities to attract global investors and to encourage dispersal of industries.

    T.T. Ashok, Chairman, CII Southern Region, said industrial corridors were proposed along Chennai-Bangalore-Hyderabad, Chennai-Hyderabad, Kochi-Coimbatore-Bangalore and North-South in Kerala, for the development of manufacturing and service industries.

    The focus in Tamil Nadu could be automobiles and auto ancillaries; aerospace in Bangalore; biotechnology, pharmaceuticals and petrochemicals in Hyderabad.

    Huge investments had to be made in road and rail network and for power generation. The investment model has to tackle problems such as funding, land acquisition, rehabilitation of the affected people and expertise of large project management, he said. C. Jayaraman, Director- Projects, Bangalore Airport Rail Link Ltd, said the proposed CBIC should be extended to Mumbai for the benefit of less developed districts in the State. CBIC would link 10 to 12 districts in Tamil Nadu, four in Andhra Pradesh and 17 in Karnataka and it had the capability to trigger production and create employment.

    S. Chandrasekhar, Chairman, CII - Karnataka State Council, said an industrial corridor from Bangalore to Mumbai could be developed along the Dhabol –Bangalore gas pipe line of the Gas Authority of India.

    The Hindu : Business News : Industrial corridor report ready
     
  3. satz

    satz Captain SENIOR MEMBER

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    M&M's Cheyyar plant,southern Indian state of Tamil Nadu to include test facility


    Indian utility vehicle manufacturer Mahindra & Mahindra has said that phase one of its planned facility in Cheyyar, in the southern Indian state of Tamil Nadu, will comprise a testing facility. This will entail an investment of at least Rs1bn (US$21.9m) to Rs1.5bn, Press Trust of India said.
    The company signed a memorandum of understanding (MoU) with the government of Tamil Nadu earlier this year. Under the agreement, Mahindra will set up a facility in Cheyyar at a total investment of Rs18bn, spread over a period of seven years. The site for the facility totals 400 acres; of this, the testing facility will be set up in a site of 150 acres.
    "It is 400 acres land. In the first phase we will set up a proving ground - a testing facility on 150 acres, which will require minimal investments of Rs1bn-Rs1.5bn. We have committed investments of Rs18bn spread over seven years. Right now the focus is on adding to our Chakan plant. After that we will focus on Cheyyar plant. In the second phase we will also have an automotive plant," the newswire quotes Mahindra & Mahindra, Automotive and Farm Equipment sector president, Pawan Goenka as saying.
    Goenka would not elaborate on product plans for the Cheyyar plant, but did say that it would be a single line plant. This means Mahindra will roll out only one product from this plant, which is much smaller than the OEM's plant in Chakan (700 acres). As to whether Mahindra intended to manufacture its two-wheelers or light commercial vehicles at the Cheyyar facility, Goenka said: "Unlikely...I cannot disclose it right now...We are just in the final phase of acquiring the land," PTI reported.
    Mahindra is also considering consolidating its Research and development unit at Mahindra World City near Chennai, the capital city of Tamil Nadu. The company plans to double the number of employees here. It has already invested Rs6bn at this facility.


    Ref:-Automotive World - India: M&M's Cheyyar plant to include test facility
     
  4. satz

    satz Captain SENIOR MEMBER

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    Bosch to invest 500cr in TN factory



    CHENNAI: One of the world's largest home appliances manufacturers , Bosch, along with the Siemens Group, have proposed to invest nearly Rs 500 crore to set up a manufacturing facility near Chennai. This factory will be a formidable addition to the list of appliance brands that have chosen the city to set up large manufacturing units.

    Samsung has invested over $100 million in their factory in Sriperumbudur .

    Panasonic too has a factory in Sholavaram and Chennai is also home to original equipment manufacturers such as Foxconn and Flextronics. Bosch, through its subsidiary BSH Household Appliances Manufacturing, will invest Rs 479.27 crore to set up a manufacturing facility at Sipcot Industrial Park in Pillaipakkam , near Sriperumbudur.

    The company has requested the state government to allot 42 acres to set up the facility to manufacture home appliances like air-conditioners , refrigerators and washing machines . Chief Minister J Jayalalithaa at a function here on Friday presented the letter of allotment of land to the company's zonal manager VK Viswanathan . With the setting up of the facility, the company would provide employment to around 2,000 persons.


    Ref:-Bosch to invest 500cr in TN factory - The Times of India
     
  5. Nirmzz

    Nirmzz 2nd Lieutant FULL MEMBER

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    way to go TN and chennaites, it’s so becoming a manufacturing hub of South Asia, the next Detroit, more FDI’s more investments more jobs and more $$ pumped into the economy. A leading example to other states what India can do as a whole.

    :BVICTORY::BVICTORY::BVICTORY::BVICTORY::BVICTORY:
     
    Last edited: Sep 3, 2011
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  6. satz

    satz Captain SENIOR MEMBER

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    Mods please make this thread sticky.. so that we can post all the south related investments under a single Thread !
     
  7. illuminati

    illuminati Lieutenant FULL MEMBER

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    Tamil Nadu is the new Detroit... if one compares the growth paradigm, this exact same thing happened with China before their manufacturing boom. I think we might see a massive growth cycle once this global financial crisis passes. I anticipate a major sprint by India... if they control inflation and know what they're doing currently.
     
  8. MyRaven

    MyRaven 2nd Lieutant FULL MEMBER

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    Way to go TN. Also, other states (especially the northern ones) should emulate TN as far as industrial policing is concerned, which will lead to uniform development and progress.
     
  9. vikas jat

    vikas jat Captain SENIOR MEMBER

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    Hmm good news
     
  10. satz

    satz Captain SENIOR MEMBER

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    [​IMG]

    Chennai city will change beyond recognition in a few years. Thirty arterial roads have been selected for upgradation, grade separators are coming up, the Outer Ring Road is under formation, public transport systems are set to improve and Monorail is coming. The city will have more road space, better public transport, be pedestrian-friendly and far less congested.

    The State government has already set the ball rolling for decongesting the city and improving traffic junctions with the announcement of 22 projects in the Chennai Metropolitan Area. The detailed project reports for grade separators at four junctions and foot over-bridges at seven locations are under preparation on a priority basis. Sources in the Highways Department said the grade separators are expected to be completed in three years. Already, work is on to construct several flyovers and subways by the Chennai Corporation and the Highways Department.

    Official sources, citing projections for the future, say the Chennai Metropolitan Area is expected to grow into a mega city with a population of more than 10 million in the next 10 years. And correspondingly, the vehicle population too would increase.

    Presently, there are 33.75 lakh vehicles including 5.67 lakh cars, 25.81 lakh two-wheelers and 63,640 autorickshaws in the city. Keeping these factors in mind, projects including Phase II of Outer Ring Road and Rajiv Gandhi Salai have been announced to help decongest the city.

    “The ORR will become the future growth corridor of the city. Around 95 per cent of the land acquisition has been completed for Phase II connecting Nemilichery with Minjur. The formation of the road will lead to more residential areas coming alongside and ultimately decongest the city. We have already set aside land for commercial development along the corridor. The idea is to take the development up to the north. We will have 180 degree of development, with the existing city being the hub, the link roads being spokes and the ORR the outer ring,” a top official in the Highways department said.

    Rajiv Gandhi Salai, East Coast Road, Grand Southern Trunk Road, Grand Northern Trunk Road, Bangalore Road are the link roads. Steps are also being taken to form new link roads including those from Sadayankuppam Road to Ennore Expressway and Tambaram Sanatorium to Outer Ring Road. These facilities are expected to encourage people to move out of the city.

    While stating that in the past, there has been no major effort to develop roads linking the city's radial arterials, S.P. Sekar, professor, Department of Planning, Anna University, says judicious planning of the Monorail network must be carried out to plug gaps in the road grid. “Future radial roads have to be identified and connected to ease the vehicular load on arterial roads,” he adds.

    Officials say they are implementing projects based on the Chennai Metropolitan Development Authority's Second Master Plan and the time-frames set in it. V. Santhanam, a resident of Chromepet said, “Though projects are being drawn up and announced with great fanfare, they take a very long time for completion. While work is on for laying major roads like Oragadam Road, nobody bothers about the interior roads in the suburbs. Earlier, we had layouts and they used to have smaller roads. Now with gated communities coming up, such interior roads are not being laid… they are being ignored.”

    Sources in the CMDA say, “The proposed expansion of the city would help in improving small roads in the suburbs, which help in relieving pressure off the major roads. So far, the focus has been on improving traffic on major roads. Adequate attention has not been paid to roads in municipal and panchayat areas as they do not have the funding or the expertise. The Chennai Corporation is already preparing a report on how to strengthen infrastructure in areas that would be merged with the city,” the sources say.

    Residents, who welcome the government's move to form new roads, construct grade separators and install foot over-bridges, say grade separators at Koyambedu and Padi and flyovers at Perambur and G.N.Chetty Road have helped eased traffic in their areas.

    T. Gunaseelan of Ambattur, who works in Velachery says the grade separators at Koyambedu, Padi and Kathipara had helped him cut travel time to office. “Earlier, I used to avoid going by bus as a lot of time used to be taken up just for waiting on the road. It used to take 30 minutes to travel from Guindy railway station to Kathipara and another 40 minutes from Thirumangalam to Koyambedu. Now with the flyovers, travel by two-wheeler has become more comfortable. However, lighting and signages need to be improved,” he says.

    Ref:-http://www.thehindu.com/multimedia/dynamic/00773/th05_infra_chennai__773264f.jpg
     
  11. satz

    satz Captain SENIOR MEMBER

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    TN to unveil new industrial policy


    CHENNAI: The Tamil Nadu government will introduce a new industrial policy in a bid to attract further investments to the state. Besides, the government is also framing specific policies for automobiles, auto components, bio-technology and pharmaceutical sectors.

    Addressing the national executive of industry body FICCI, the chief minister J Jayalalithaa said, "my government will very soon come out with a new industrial policy with avant-garde features. Besides, my government is formulating sector specific policies for automobiles and auto components, bio-technology and pharma." Terming these as 'second generation reforms' with a view to promoting rapid growth in the manufacturing sector, she said, "our re-oriented strategy of development focuses on a strong policy and regulatory leadership by the government, dynamism and competitive efficiency of the private sector and enthusiastic participation of the people through local democratic institutions."

    The state which is facing acute power shortage, will add another 4640 MW of fresh power capacity by end of 2012. "My government has planned to undertake a massive capacity addition of 23140 MW of power to the existing installed capacity of 10237 MW during the next five years," she said. Of this, 15140 MW will be through thermal energy, 5000 mw through wind energy and 3000 mw through solar power. "Our government is committed to bringing about a new surge of investment," she noted.

    Laying the road map for her government, Jayalalithaa said that the government would usher in a second green revolution which sets an ambitious goal of two to three times increase in farmers' per capita income within five years. "This we intend to achieve through effective dissemination and adoption of advanced technology to increase productivity of crops, farm based interventions for mixed farming and by convergence of schemes to ensure integrated farm development," she said.

    president Harsh Mariwala, while delivering the welcome address asked Jayalalithaa to be a "little more flexible" in adopting the Goods and Services Tax (GST) which is scheduled to roll out from April 1, 2012. The Tamil Nadu chief minister has opposed the roll out of GST saying it would affect the fiscal autonomy of states.


    Ref:-TN to unveil new industrial policy - The Times of India
     
  12. satz

    satz Captain SENIOR MEMBER

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    Madras University to play a key role in DRDO's biodefence project


    [​IMG]
    The DRDO has tied up with National Manufacturing Competitive Council in preparing a draft on nanoscience and technology policy which would be ready in six months.





    The National Centre for Nanoscience and Nanotechnology of the University of Madras will play a key role in the National Biodefence programme of the Defence Research and Development Organisation , said W. Selvamurthy, Chief Controller (R&D), DRDO.

    Delivering the inaugural address at the national conference on nanoscience and nanotechnology organised by the university, he said the national biodefence programme was currently being drafted. DRDO was the nodal agency associated with the project which aims at protecting the natural wealth, including plants, herbs, animals, hotspots in North East and Western Ghats, coasts and farm products.

    The DRDO has tied up with National Manufacturing Competitive Council in preparing a draft on nanoscience and nanotechnology policy which would be ready in six months.

    Mr. Selvamurthy said the Rs. 100 crore worth state-of-the-art national centre for nanoscience at the university and its research lab, sanctioned by the Union Ministry of Human Resource Development, would play a key role in the biodefence programme.

    The biodefence policy would be implemented in various phases. The lab would test the soil and the atmosphere to measure toxicity.

    Of the Rs. 12,000 Crore budget for the DRDO, 10 per cent was being offered to universities and institutes for research.

    “These initiatives will help to create a knowledge bank for the next 10 years,” Mr. Selvamurthy said, emphasising that there was a need for the governments to multiply the investment in nanotechnology. Presiding over the conference, G. Thiruvasagam, said the university would shortly be submitting the proposal on biodefence to the DRDO.

    The conference focused on various aspects of nanoscience and nanotechnology and it turned out to be an excellent platform for interaction among researchers from both academia and industries, in particular, young researchers under one roof, said Prof. S. Sriman Narayanan, director, National Centre for Nanoscience and Nanotechnology.

    More than 175 researchers, eminent scientists and experts participated in the conference and around 150 research papers were presented.

    The conference also explored the topics relating to application of nanotechnology in diverse fields of chemistry, physics, engineering and biotechnology.


    Ref:-http://www.indiandefence.com/forums/f25/two-new-indl-corridors-planned-tamil-nadu-10744/
     
  13. satz

    satz Captain SENIOR MEMBER

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    http://www.thehindu.com/news/cities/Chennai/article2428854.ece


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    Three bridges in and around north Chennai are to be widened as part of the measures to ensure smooth flow of traffic, reduce travel time and enhance road safety.

    The first project involves widening of a bridge at Tiruvottiyur by the Highways Department to improve connectivity between Tiruvottiyur and Manali, an industrial hub.

    Widening of the facility, located near Chennai Petroleum Corporation Limited (CPCL) refinery, was a long-pending demand of the residents of Manali and Tiruvottiyur, said M. K. Elamvazhuthi, secretary, Manali-Sekkadu Environment and Consumer Protection Welfare Association. Accidents and traffic congestion are common as the bridge constructed in 1950s is narrow, he added.

    “Motorists have to vie for space with heavy vehicles bound for Manali and MTC buses on the bridge. The other alternative for the residents of Manali is to take a detour of eight km via Ennore Expressway to reach Tiruvottiyur,” he said.

    The Highways Department is set to float a tender within a month to widen the two-lane bridge in to a four-lane facility.

    The project is to be taken up under Chennai Metropolitan Development Scheme. Officials said the existing facility is 800 metre long and 6 metre wide. The width would be increased to 15 metre, including provision of 1.2 m wide median.

    The traffic volume on the bridge has increased manifold over the past few years. The facility witnesses a volume of 8,000 passenger car units daily, much more than the 2,200 PCUs estimated in 2002. The project, to be implemented at a cost of Rs.2.70 crore, would be completed in 18 months.

    Two more bridges across the North Buckingham Canal would be repaired and widened following a proposal from Water Resources Department. Officials of the WRD said the canal is being widened from 15 m to 40 m in various stretches between Ennore and near Central railway station.

    Widening of the bridges across the canal was imperative as it would facilitate free flow of water.

    In view of the recommendation from WRD, the Highways department would be taking steps to widen the Manali Road bridge at Korukkupet.

    Likewise, the National Highways Authority of India would undertake repair works, including replacement of hand rail and blacktopping of the surface, at the bridge on Ennore Expressway between Kargil Nagar and Satyamurthy Nagar. Widening of the facility is under consideration, NHAI sources said.


    Ref:-The Hindu : Cities / Chennai : Three bridges in north Chennai to be widened
     
  14. satz

    satz Captain SENIOR MEMBER

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    Soon, take ECR from city to reach Kumari

    CHENNAI: Consider this: a breezy ride by the sea from Chennai to Kanyakumari on the scenic East Coast Road (ECR). Following Chief Minister J Jayalalithaa’s announcement on Wednesday for upgrading road infrastructure projects in the State at a cost of Rs1,200 crore, such a journey is soon set to become reality. As part of the upgradation, the ECR would be extended from Chennai to Tuticorin up to Kanyakumari at a cost of Rs 257 crore and bypass roads for Sivaganga and Edappadi would be constructed at a cost of `1 crore each, in addition to the construction of many new bridges across the State, Jayalalithaa said.
    Making a suo motu statement in the Assembly, the CM said the ECR between Chennai and Tuticorin was upgraded in many stages. However, there has been a long-pending demand that the ECR be extended up to Kanyakumari. Considering the advantages of extending the ECR up to Kanyakumari, the government has decided to widen the 113 km stretch of road up to Anjugramam village and improve a two-way lane at a cost of `253 crore.
    In the course of this project, nine bypass roads, three big bridges and one railway over bridge would be constructed, Jayalalithaa said.
    Similarly, with a view to ease traffic congestion in Sivaganga and Edappadi towns, by-pass roads for a stretch of 10.6 km and 8.6 km, respectively, would be laid along the two towns.
    Twenty three new railway over bridges and under bridges would be constructed in nine districts — Kanchee**puram, Vellore, and Coimbatore (four), Villupuram and Salem (three), Tiruvallur (two) and one bridge each in Ramanathapuram, Dindigul and Tirunelveli, she said.


    Ref:-Soon, take ECR from city to reach Kumari - southindia - Chennai - ibnlive
     
  15. satz

    satz Captain SENIOR MEMBER

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    Japan planning to invest more in State


    [​IMG]


    Japan is planning to invest more in Tamil Nadu and enhance its dialogue with the State government for better investment relations, said Akitaka Saiki, Ambassador of Japan to India, here on Thursday.

    Addressing a round-table on ‘Infrastructure trend and outlook for Tamil Nadu to be the best', organised by the Confederation of Indian Industry (CII), he said the Japanese investment in the State in recent years had been very impressive with more than 245 companies setting up base.

    Dwelling on the infrastructural inadequacies of the Ennore port, he drew attention to its poor road connectivity, inadequate facilities within the port area and very high port charges.

    The State government could take up the matter with the Union Government and also do its part in building access roads to the port. On the lines of Delhi-Mumbai Industrial corridor, a golden necklace could be made by connecting Chennai and Bangalore, he said.

    Earlier in the day, the Japanese Ambassador called on Chief Minister Jayalalithaa and said Japan would like to have continued dialogue with Tamil Nadu.

    In his address, Kou Kimura, Chief Executive Officer and Managing Director of Renault Nissan Automotive India, expressed concern over the delay in completion of the Oragadam Industrial Corridor; construction of general cargo berth ports in Chennai and shortage in other facilities. He called for improving the conditions within the port by studying traffic conditions.

    Itaru Ishibashi, Managing Director of Toshiba JSW, said the need of the hour was developing adequate road infrastructure for transportation of very heavy products such as steam turbine generator weighing up to 450 tonnes.

    N. Sundaradevan, Principal Industries Secretary, said the government was aware of the infrastructure deficiencies, and the key to getting and sustaining investments was to develop infrastructure.

    T.K. Ramachandran, Secretary, Highways and Minor Ports Department, said Ennore and Chennai Port would be connected through a four-lane road. The work on Oragadam Industrial corridor was on and would be completed by March 2012.

    Ref:-The Hindu : States / Tamil Nadu : Japan planning to invest more in State
     
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