New Industrial Parks, Corridors to Propel Growth of Southern Districts says Tamil Nadu Deputy CM Chennai

The Government of Tamil Nadu has proposed to set up new industrial parks - one at Thirumangalam, Chennai (1478 acres) and the other at Thoothukudi (1533 acres) to enhance industrial development of Southern Districts. The new industrial parks would provide job opportunities to 1 lakh youth of Southern Districts in Tamil Nadu said Dr. M K Stalin, Deputy Chief Minister, Government of Tamil Nadu, whose speech was read out at the 3rd edition of the SPEED “Southern Prosperity through Enhanced Economic Development” organized by Confederation of Indian Industry (CII) in Chennai Today.

Dr Stalin said that the Government would also take steps to develop Chennai – Thoothukudi National highway into an Industrial Corridor to promote industrial development in Southern Districts of Tamil Nadu.

Dr Stalin highlighted the various incentive packages offered by the Government of Tamil Nadu for large, medium and small scale industries to boost investments in Southern Districts of Tamil Nadu. Outling the key investment proposals from the private sector, he said that the Indonesia based Sundareswarar Alloy and Steel Company is planning to invest Rs 2200 Crore for setting up their 5 industrial units in Southern Districts; investment proposal by Syntel to set up a 100 acre IT Park at Gangaigondan, Tirunelveli District and the Government is also in talks with Synergy, to setup a Photovoltic Cell plant in Nanguneri SEZ with an investment of Rs 1500 crore, said Dr Stalin.

In his special address, Mr. Rajeev Ranjan, IAS, Principal Secretary - Industries Department, Government of Tamil Nadu said that Tamil Nadu has done extremely well in terms of attracting new investment in view of its investor friendly policies. He said that the State has signed MoU for 31 projects besides 16 other agreements for a total investment of Rs.57,000 crore.

Mr Ranjan said that the Government of Tamil Nadu has taken specific steps to promote investments in Southern Disticts. For investments between Rs. 50 - 100 Crore, the Value Added Tax (VAT) payable by companies for a period of 3 years are being treated as loan. Besides this, there are several other incentives that are being offered to companies planning to invest in Southern Districts, said Mr Ranjan. He also said that under the Petroleum, Chemicals, Petrochemical Investment Region (PCPIR) programme of the Government of India, huge investment are expected to come into the Southern Districts of Ramanathapuram and Cuddalore.

Mr. T Kannan, Chairman, SPEED & Managing Director, Thiagarajar Mills Ltd in his theme address said that Southern Districts have huge potential and the Tamil Nadu Government has done a lot in terms of investment packages, but it needs to revise the packages so as to attract more companies in the small and medium sector with an investment of Rs. 25 – 50 crores. The Government should also facilitate in getting 1 mega project in Southern District to enhnace growth, said Mr Kannan. Elaborating on the opportunites in Southern Districts, Mr Kannan said that Chennai and Sivaganga could become a centre for tourism, heritage and crafts; Tirunelveli as a BPO hub; Tuticorin as an energy hub besides other key sectors which has the potential to drive the overall growth of the State.

Ms. Nandini Rangaswamy, Chairperson, CII Tamil Nadu & Managing Director, Chandra Group in her special address said that Tamil Nadu is the 3rd largest economy in the country, it has a huge potential to improve its industrial base. The State has several factors of growth like skilled manpower, industry favorable policies, good infrastructure besides a hub for various industry sectors.

Mr. R Dinesh, Co Chairman, SPEED & Joint MD, TV Sundaram Iyengar & Sons Ltd earlier welcomed the gathering and Dr. S Aravind, Chairman, CII Chennai Zone & Administrator, Aravind Eye Hospital gave the closing remarks.

Lanxess Chemical Company Chennai moving out of Chennai

A Chemicals company Lanxess is getting out of Chennai! How sad?! What is the reason to the shift? Why are we losing a company from Chennai? Already there is lot of inflow of companies into Chennai! Now, companies are getting out of Chennai? Officials, please do the needful!!!! - Chennai Machan! Please read more below....

The largest European speciality chemicals company Lanxess is planning to shift its production facilities from Chennai in Tamil Nadu to its recently opened site in Jhagadia, Gujarat by the end of 2011.

The facilities, which make leather chemicals, material protection products and rubber additives, are being relocated since the contract with the Penar Group promoted Speciality Products Pvt Ltd (toll manufacturing unit) is due to expire this June, a press release said. Penar is the owner of the land and a majority of the workers at the site belong to it. Twelve employees are on the Lanxess India payroll and they will either continue to work for the company or find other options.

The plant in Chennai, spread across 25 hectares with a production capacity of 12,000 metric tonne per annum, was started in 1997. This has been the strategic manufacturing base for Lanxess’s speciality chemical products in the Asia-Pacific region. The move will affect facilities manufacturing leather chemicals and material protection products in Tamil Nadu as well as products from its group unit Rhein Chemie, which makes and markets rubber products and additives.

150 acres of Industrial/Agricultural Land needed in Chennai-Trichy Belt

Isgec John Thompson (IJT), a division of Saraswati Industrial Syndicate Ltd and Foster Wheeler North America Corporation, US, is planning to set up a manufacturing facility for sub-critical and super-critical boilers in Tamil Nadu.

The greenfield project is likely to see an investment of around ' 800 crore.

"We are looking for around 150 acres of land in the Tiruchy-Chennai belt. This is our priority stretch. If we are unable to get the land, our second option will be the Dahej special economic zone in Gujarat," said SP Singh, senior vice president – marketing, IJT.

The company already has a manufacturing facility in the Dahej SEZ. The proposed plant will have an initial annual capacity of 4,000 Mw and can be increased to 8,000 Mw.

If you have this land, please contact for mutual benefit. We (Chennai247.com) are publishing this news for the benefit of Chennai and its improvement.

If we don't act soon, we will loose the industrial opportunity, employment opportunity to Gujarat.

150 acres of Industrial/Agricultural Land needed in Chennai-Trichy Belt

Isgec John Thompson (IJT), a division of Saraswati Industrial Syndicate Ltd and Foster Wheeler North America Corporation, US, is planning to set up a manufacturing facility for sub-critical and super-critical boilers in Tamil Nadu.

The greenfield project is likely to see an investment of around ' 800 crore.

"We are looking for around 150 acres of land in the Tiruchy-Chennai belt. This is our priority stretch. If we are unable to get the land, our second option will be the Dahej special economic zone in Gujarat," said SP Singh, senior vice president – marketing, IJT.

The company already has a manufacturing facility in the Dahej SEZ. The proposed plant will have an initial annual capacity of 4,000 Mw and can be increased to 8,000 Mw.

If you have this land, please contact for mutual benefit. We (Chennai247.com) are publishing this news for the benefit of Chennai and its improvement.

If we don't act soon, we will loose the industrial opportunity, employment opportunity to Gujarat.

Rajshri Sugars sets up and upgrades Chennai Distillery Segments

Question on Rajshri Sugars cogen and distillery segments?

A: We are investing about Rs 320 crore over the next 18 months on adding distillery at our plant near Chennai. That will be a 80 KLPD distillery. We already run a 50 KLPD distillery near Chennai. We are also going ahead with two cogen plants, one in our Hyderabad plant and the other in our Chennai plant which needs to be upgraded.

So overall the future for Rajshri Sugars is very good because our cogen income itself and the distillery incomes will completely de-risk our fluctuations in the sugar sector.

Rajshri Sugars sets up and upgrades Chennai Distillery Segments

Question on Rajshri Sugars cogen and distillery segments?

A: We are investing about Rs 320 crore over the next 18 months on adding distillery at our plant near Chennai. That will be a 80 KLPD distillery. We already run a 50 KLPD distillery near Chennai. We are also going ahead with two cogen plants, one in our Hyderabad plant and the other in our Chennai plant which needs to be upgraded.

So overall the future for Rajshri Sugars is very good because our cogen income itself and the distillery incomes will completely de-risk our fluctuations in the sugar sector.

Texmaco Engineering to invest in Chennai for crores

Texmaco Engineering - the NRI-backed venture would invest Rs 2,200-crore to establish greenfield plants to manufacture agro and industrial machinery apart from alloy steel, forging and other auto components.

The projects are to be set up by the Indian arm in Chennai and Sivaganga districts. This is a next large project after Videocon setting up plant in Manachennai for TV production.

Melur in Chennai is one such location, where 500 acres has been earmarked for the alloy steel project, that would have a capacity to produce 3 lakh tonnes of alloy, special and stainless steel.

These are notable and significant investments in Chennai and around Chennai (Southern districts of Tamil Nadu).

Texmaco Engineering to invest in Chennai for crores

Texmaco Engineering - the NRI-backed venture would invest Rs 2,200-crore to establish greenfield plants to manufacture agro and industrial machinery apart from alloy steel, forging and other auto components.

The projects are to be set up by the Indian arm in Chennai and Sivaganga districts. This is a next large project after Videocon setting up plant in Manachennai for TV production.

Melur in Chennai is one such location, where 500 acres has been earmarked for the alloy steel project, that would have a capacity to produce 3 lakh tonnes of alloy, special and stainless steel.

These are notable and significant investments in Chennai and around Chennai (Southern districts of Tamil Nadu).

Recylcing program in Chennai : T Kallupatti

T Kallupatti perooratchi in Chennai has initiated a Recycling program to all the houses in the constituency.

This is the first time the bio-degradable and non-biodegradable materials are going to be separated and recycled in Chennai. Two separate bags would be given to the houses in T Kallupatti for different kinds of recycling.

Prior to this, all the bio-degradable and non-biodegradable materials were dumped under same pit and closed under the ground. Isn't it a great initiative?

Next, place in Chennai to follow this would be vadipatti, it seems.

Our previous post regarding this Recylcing is here

Recylcing program in Chennai : T Kallupatti

T Kallupatti perooratchi in Chennai has initiated a Recycling program to all the houses in the constituency.

This is the first time the bio-degradable and non-biodegradable materials are going to be separated and recycled in Chennai. Two separate bags would be given to the houses in T Kallupatti for different kinds of recycling.

Prior to this, all the bio-degradable and non-biodegradable materials were dumped under same pit and closed under the ground. Isn't it a great initiative?

Next, place in Chennai to follow this would be vadipatti, it seems.

Our previous post regarding this Recylcing is here

Chennai - SPEED 2008

Leading industrialists and senior Government officials had brainstorming sessions at the SPEED conference (Southern Prosperity through Enhanced Economic Development), organised by the CII Chennai Zone on December 5 and 6.

Read more here

Chennai - SPEED 2008

Leading industrialists and senior Government officials had brainstorming sessions at the SPEED conference (Southern Prosperity through Enhanced Economic Development), organised by the CII Chennai Zone on December 5 and 6.

Read more here

Major Companies in Chennai providing large scale employment and production

Major Companies in Chennai providing large scale employment and production::

Sundaram Fasteners Limited
TAFE
Fenner India Limited
Hi- Tech Arai Limited
Honey Well Technologies
First Garment Manufacturing Company
T V S Srichakra Limited
T V S and Sons Limited

Major Companies in Chennai providing large scale employment and production

Major Companies in Chennai providing large scale employment and production::

Sundaram Fasteners Limited
TAFE
Fenner India Limited
Hi- Tech Arai Limited
Honey Well Technologies
First Garment Manufacturing Company
T V S Srichakra Limited
T V S and Sons Limited