Indian Manufacturing Sector

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SaraLax
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More L&T news...

Post by SaraLax »

L&T to add 4000 MW per annum capacity for Super-critical Boilers, Steam Turbine Generators
Larsen & Toubro Ltd (L&T) has announced that the Company is all set to ramp up its manufacturing capacity of super-critical boilers and super-critical turbine generators to 4000 mw per annum. The foundation stone for the upgraded facility was laid at Hazira on March 19, 2008 in presence of Mr. A M Naik, Chairman and Managing Director, L&T, and Mr. Ichiro Fukue, Representative Director, Mitsubishi Heavy Industries Ltd.

L&T is the only private sector Company in India to enter the space of super-critical boilers and steam turbine generators. The Company will be manufacturing and marketing these critical components of the large power plant through two separate joint ventures with Mitsubishi Heavy Industries (MHI) of Japan. MHI is a global leader in this business.

L&T holds 51 per cent in both the JVs with MHI holding 49 per cent. The JVs will have an investment of Rs 1500 crore.
L&T to supply world's largest Coal Gasifier to China

L&T to Build India's First Heated Pipeline for Crude...for Cairn India

L&T to start work on its integrated shipyard soon
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The project’s cost has been estimated at Rs 3,060 crore with the equity component being put at Rs 1,100 crore. The Tamil Nadu Industrial Development Corporation, a State Government industrial promotion agency, will hold a 3 per cent equity stake in the venture.

The process of earmarking the 1,200 acres of land for the project is on and once that is finished construction work will start, according to the sources. The project is expected to take 24 months for completion.

L&T plans to build large-sized ships, including very large crude carriers (250,000 tonnes and more) at the shipbuilding yard. It is expected that the company will also make vessels for defence purposes.

With the Tamil Nadu Government deciding to allot the land for the project at market rate, the cost of the land alone will be about Rs 250 crore, according to reliable sources. L&T also plans to develop a high-class component base near the shipbuilding yard, as the ship building activity picks up.
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The company has a ship building facility at Hazira in Gujarat and was looking to construct a greenfield facility since it could not expand at Hazira and also because the ship building business was booming.

The Tamil Nadu Government announced in August 2007 a minor ports policy, which was meant to facilitate the integrated ship building yard-cum-port project. Under the policy, the Government said captive ports could handle commercial cargo, thereby improving the economic viability of such a project.
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BMW Auto parts outsourcing

Post by SaraLax »

BMW looks to source bike engine components from India
(18, March 2008)
"Already we have been sourcing motorcycle parts such as handle bars and die cast from India. Now we are exploring to source components for engine and chassis parts," BMW Board Member (international parts sourcing) Herbert Diess said here.
BMW to source chassis and engines from India
(22 March 2008)
German luxury carmaker BMW is evaluating over 100 component manufacturers in India to outsource engines and chassis for its global manufacturing operations, according to a board member.

“We are impressed with the quality of die casts and forgings in India that we use for our global operations. The quality of products from second and third-tier is impressive. Once our pilot project evaluating 100 ancillaries is completed we will outsource engines and chassis for our cars,â€
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Post by SaraLax »

Signet Solar to invest Rs 2,000 cr to make photovoltaic modules
[quote]
Chennai, March 17 The US-based Signet Solar today signed a memorandum of understanding with the Government of Tamil Nadu to put up a Rs 2,000-crore project to manufacture ‘thin film photovoltaic modules’ at Sriperumbudur, near Chennai.

(The MoU, which was signed by the State Industries Secretary, Mr M.F. Farooqui, and Dr Prabhu Goel, Chairman, Signet Solar, formalises the concessions that are allowed under the Government’s industrial policy.)

Signet Solar, headquartered in California, has orders worth $400 million (Rs 1,600 crore) on hand. Its first manufacturing facility is nearing completion at Dresden, Germany. More orders are expected, thanks to the growing demand for solar power globally. The Sriperumbudur plant is coming up in anticipation of these orders.

The investment would be spread over the next five years. At the end of the period the plant would have a capacity to manufacture PV modules, which, when installed, will be capable of generating 300 MW of power.
Multiple locations

The company, however, wants to have installed capacity for producing 1,000 MW of PV modules annually, by 2016. However, only 300 MW will come up at Sriperumbudur — the company is examining other locations for putting up 2-3 more units.
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Dr Goel said that to produce 120 MW of PV modules, 10,000 trucks would need to be pressed into service. This would be too much of a strain on any infrastructure. Hence, a company would have no choice but to put up multiple manufacturing units.

Dr Goel said that solar power is bound to gain favour because, on the one hand, electricity produced by fossil fuels is getting costlier while on the other, cost of PV modules is coming down due to advancement in technology. “The crossover point will occur in the next 3-4 years,â€
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Manufacturing Exports......

Post by SaraLax »

Rajkot machine tools ind growing at 20%
Riding on a high export demand, Rajkot’s machine tools industry is eyeing a turnover of Rs 1,200 crore by 2010.

The industry with a turnover of Rs 700 crore is growing at a steady 20 per cent y-o-y and is poised to achieve the Rs 1200-crore mark by the year 2010, industry sources said.

There are around 500 machine tools manufacturing units in the Rajkot GIDC of which six make CNC machines. According to sources, around 40 per cent of the machines manufactured in the Rajkot GIDC are sold in the export market.
Hyundai gets 60,000 export bookings for 'i10'
"HMIL started accepting export orders for the i10 from December, 2007, and received 60,000 orders from the overseas market creating a record of clocking the fastest 50,000 units of export orders in just three months," the company said in a statement.

The company would ship around 26,000 units by March 2008, and subsequently it would be exported to all the major markets across the globe covering over 90 countries by the end of the year, it added.

The small car 'i10', manufactured at the Chennai plant, made its debut in Europe at the Bologna Motor Show, Italy, in December last year and was also displayed at the Geneva Motor Show in January 2008.

Keeping its export market expansion plans, HMIL has also started a training programme to train staff of all its overseas distributors in Chennai factory premises.

The first batch of 31 sales managers from about 21 countries, like Africa, Latin America, Europe and Asia, would undergo the training programme from March 11-14, it said.

"This familiarisation and understanding of the 'i10' and HMI as a company will help them to further establish the product in their respective markets. This is also a beginning of a trend, which by itself is a first for the industry where overseas partners are trained in India," the statement said.
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Post by Gerard »

Nokia Questions Manufacturing Sustainability In India[quote]“One day, we will be asked by the Government to set up colonies to have the people grow till the age of 17 and then recruit them for the company.â€
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Post by Gerard »

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Post by SureshP »

X-post
King of the anvil shows India how to hammer the competition

MARCUS GEE

April 2, 2008

PUNE, INDIA -- Forging is one of the oldest of the industrial arts - and, in the past, one of the dirtiest. The blacksmith with his hammer and anvil did the earliest kind of forging, labouring in the heat and coal dust of his shop. Later, forging moved to factories where swarms of workers toiled amid the clamour of the machines that pressed, hammered or rolled bits of metal into usable shapes.

That was the way the plant floor looked for years at Bharat Forge, the Indian company that has climbed up the global ranks to become what its boss says is the world's biggest forging concern. As recently as the mid-1980s, it had 2,600 blue-collar workers at its main factory in Pune, India. Today, nine out of 10 of the 4,000 workers are white-collar staff with college degrees. Most of them work in a huge, immaculate plant with polished floors. Instead of pushing lengths of steel into the maw of growling machines, they stand at computer screens monitoring the work of the big white machines, imported from Germany and Japan, that forge crankshafts, axle beams and connecting rods for car makers such as Toyota, BMW and Audi. Instead of dirty coveralls, they wear crisp blue shirts marked with the company name.

This, says company chairman Baba Kalyani, is India's future. India, he says, can't compete with China as a cheap-labour mass manufacturer. China is years ahead, with many times more foreign investment and much better infrastructure. But in the more technical, automated industrial processes, "I don't think anyone in the world can beat us."

Bharat Forge is a case study of how India can compete. Twenty years ago, it was a typical Indian company, labouring under the onerous regime of government regulation called the "licence raj." Mr. Kalyani had to apply to New Delhi to buy a new machine from overseas, then wait up to three years to get it. "Politicians said that with our cheap labour we could be competitive in the world," he said in a recent interview in his Pune headquarters. "Nothing could be further from the truth. We were the most uncompetitive country with that cheap labour."


As soon as India started to emerge from its economic isolation with the start of the reform era in 1991, Bharat Forge decided it needed a new business model. Instead of relying on cheap, semi-skilled labour as in the past, it would stress high technology, high capital investment and highly skilled labour. Offering a generous buyout program, it gradually shed 2,000 blue-collar workers and replaced them with more educated newcomers.

Today, the company produces 20 times what it did before the changes, with a work force just 25 per cent bigger. It is the largest exporter of auto components from India. It has operations in 10 locations in six countries from Sweden to China. It has expanded so rapidly abroad that 40 per cent of its work force is non-Indian and 70 per cent of its revenue comes from outside India. Its revenue has grown to $1.5-billion from $110-million in just six years, making Mr. Kalyani one of India's richest men with a fortune of $2.1-billion.

"If somebody told me you'd be a one and a half billion dollar company and be the largest in the world, I wouldn't have believed it myself," said Mr. Kalyani, 58, an imposing man with a bearing that recalls an Indian Army colonel. "Six years ago we were just a little Indian company."


He has even bigger plans for the future, both at home and abroad. He has set up a new centre for advanced manufacturing in the state of Maharashtra. He is building a new factory to make forgings for the booming Indian aerospace industry. He is looking at expanding into railways, construction equipment and power plants.

He freely admits that India has problems. Its inadequate roads, railways, airports and seaports make it hard for manufacturers to export their products on time. Its primary education system is abysmal and its higher education a mess.

Even so, the country is brimming with skilled, ambitious people. Four major Indian cities alone produce more engineering graduates every year than the United States. The booming information technology industry, with its two million workers, is producing a huge new cadre of Indians with skills in management and global marketing that emerging manufacturers can tap. "Which country in the world has the kind of talent India has in numbers?" he asks rhetorically. And in India, "the talent is getting smarter."

As a result, he says, "Indian manufacturing has become sophisticated, competitive, and high tech - and all this has happened in the last 15 years."

Forging is an act of transformation, turning dull metal into something new and valuable. Smart companies like Mr. Kalyani's are doing the same for India.
Globe & Mail Toronto
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Post by Vipul »

German firm Victor Reinz plans unit in Pune.

German gasket maker Victor Reinz will manufacture a variety of products for the Indian as well as the overseas markets from its new plant in Talegaon near Pune.
Victor Reinz India, a 51:49 joint venture between Victor Reinz and Pune-based Jayant Group, is setting up a new manufactruing facility, which, when fully functional, will deliver gaskets, heat taps, cam covers, gasket materials and sealants to automotive firms like Tata Motors, Mahindra and Mahindra, Renault and Audi.

Aakash Dave, managing director, Victor Reinz India, said the newly floated company would invest Rs 40 crore to set the manufacturing unit in two phases. "Victor Reinz products are already popular in India, and we are selling 8.50 lakh cylinder gaskets annually. The new manufacturing facility would mainly target the domestic market," Dave added.

Victor Reinz, a group company of the DANA Group, would also like to tap the export markets with products manufactured at its Talegaon facility. "If our customers demand, we may export products manufactured at the Talegaon facility to regions like Europe, China and the US," said Ralf Goettel, president, DANA Sealing Products.

The new manufacturing facility, which is expected to be operational from the first quarter of next year, would deliver two million units annually. "We now have a turnover of 5.50 million euro in the Indian market, and we expect it to cross the 10 million euro mark by 2011 as the new facility picks up pace," Dave added.
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Post by Vipul »

India's JSW, Toshiba form joint venture for generators, turbines.

Japan's Toshiba Corp and India's JSW Group Wednesday said they will form a 250-million-dollar joint venture to manufacture and market steam turbines and generators in India, a news report said. Under the terms of the agreement, the two companies will establish the joint venture by June with an initial capital of 50 million dollars, JSW said in a filing to the Bombay Stock Exchange, the PTI news agency reported.

The venture will include design, manufacture, marketing and maintenance services of middle to large sized steam turbines and generators ranging from 500 to 1,000 megawatts for super-critical thermal power plants.

The companies were scouting for a site of 400,000 square metres for the main facility and will invest 250 million dollars in plant and manufacturing equipment, the filing said.

The manufacturing operations are scheduled to start in September 2009 and the joint venture aims to establish a production scale of 3,000 MW.

"This investment is a significant step for Toshiba, one that will give us a firm foothold in the rapidly growing Indian market for thermal power generation," Toshiba Power Systems Company Executive Vice President Atsuhiko Izumi was quoted by the PTI as saying.

While Toshiba will hold a 75 per cent stake in the venture, the remaining will be owned by the Indian conglomerate via its two companies, JSW Steel and JSW Energy, holding five and 20 per cent respectively.
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[quote]BHEL takes over BHPV, inks pact for power plant at Vijayawada
— K.R. Deepak - www.thehindubuisnesline.com

Visakhapatnam, May 10 Bharat Heavy Electricals Ltd (BHEL) took over Bharat Heavy Plate and Vessels Ltd (BHPV) on Saturday; it also signed a memorandum of understanding with AP Generation Corporation for setting up a 125-MW integrated coal gasification combined cycle power plant at Vijayawada.

At a public meeting at the BHPV attended by Mr P. Chidambaram, Union Finance Minister; Mr Santosh Mohan Dev, Union Heavy Industry Minister; Mr S. Jaipal Reddy, Union Minister for Urban Development; and Dr Y.S. Rajasekhara Reddy, Andhra Pradesh Chief Minister, the authority letter relating to the takeover was handed over by Dr Satyanarayana Dash, Secretary of the Union Department of Heavy Industry, to Mr K. Ravi Kumar, Chairman and Managing Director of BHEL.

Mr Ravi Kumar said BHPV would be developed as a dedicated centre for industrial boilers; Rs 236 crore would be spent on the unit during the next three years and its turnover would touch the Rs 1,000-crore mark in five years.

Mr Jairam Ramesh, Union Minister of State for Commerce and Power, hailed the MoU for the 125-MW integrated coal gasification combined cycle power plant at Vijayawada. He said the power plant would cost Rs 950 crore, of which BHEL would bear Rs 450 crore and AP Genco the rest. The power plant would employ clean coal technology and would be a great step forward, he added.

Mr Chidambaram said it was a memorable day both for BHEL and BHPV. “The UPA Government is committed to the revival of ailing PSUs and we have so far revived 29 PSUs during the past four years, incurring more than Rs 13,000 crore,â€
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Post by jahaju »

Merger of Sponge Iron India Limited (SIIL) with NMDC Limited
15:22 IST
The Union Cabinet today gave its approval for merger of M/s. SIIL, Hyderabad in M/s. NMDC, Hyderabad ( both PSEs under the Ministry of Steel) through acquisition of shares of SIIL by NMDC in the public interest.

This will ensure in-house supply of desired quality & quantity of iron ore (raw material) of SIIL’s sponge iron plant at Paloncha in District Khamman (Andhra Pradesh) and also to implement the proposed Sponge Iron Plant Expansion Project at Paloncha by utilizing surplus land and manpower of SIIL and financial resources available with NMDC.

Merger of SIIL with NMDC will be carried out within a period of 6 months.

*****

RCJ/HS/LV
PIB Release.
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Re: Indian Manufacturing Sector

Post by A Sharma »

L&T bags High-tech Equipment Orders in excess of Rs. 10,000 million
Major local contracts include a large order for Power Plant Equipment from Coastal Gujarat Power Ltd (CGPL), a subsidiary of Tata Power Company Ltd, for the first Ultra Mega Power Plant (UMPP), and another large contract from HPCL Mittal Energy Ltd, Bathinda (HMEL) for critical reactors.
The export orders include supply of coke drums for Kuwait National Petroleum Company, Kuwait (KNPC), high pressure heat exchangers from Petroleo Brasileiro, Brazil, ammonia converters from UHDE, Germany & Reactors from PTT Asahi Chem Co. Ltd, Thailand. The orders have been won against stiff international competition from Italian, Japanese & Chinese manufacturers, and will be executed by L&T’s Heavy Engineering Division (HED).
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Re: Indian Manufacturing Sector

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30-Jun-2008

BHEL makes Maiden Entry in the Syrian Power Sector Wins Rs.2,080 Crore Turnkey Contract for 400 MW Thermal Power Plant Highest-value Single Order ever secured in the Overseas Market

New Delhi, June 30, Engineering major Bharat Heavy Electricals Limited BHEL has achieved one of its biggest breakthroughs so far in international business by winning a turnkey contract for setting up a 400 MW Thermal Power Project in Syria.

With this order for Tishreen Thermal Power Plant Extension 2x200 MW, the company has also made its maiden entry in the Syrian Power Sector. The order has been placed on BHEL by Public Establishment of Electricity for Generation and Transmission PEEGT, Ministry of Electricity, Syria.

Valued at over Rs.2,080 Crore, this is the highest value single order secured by the company in overseas markets as also the first-ever overseas order for a large size Steam Turbine power plant. With 200 MW unit rating sets. This benchmark reference will now open up new overseas market segment for large size Thermal sets.

BHELs scope of work in the contract includes design, engineering, manufacture, supply, erection and commissioning of Main Plant Equipment with associated Auxiliaries, Balance of Plant and Electricals, besides state of the art Controls and Instrumentation CandI and civil works. The project will be executed by the company in a tight schedule of 33 months.

Riding high on its dominant domestic position, BHEL is taking long strides to become a major global player by enhancing its presence in international markets. It has identified overseas business as one of its thrust areas as part of its Strategic Plan 2012. The company is targeting a six-fold increase in its physical exports by 2012.

BHEL has established its footprints in all the six continents of the world spanning 70 countries and its technical competence has earned worldwide acclaim. Further stimulation in the growth of BHELs international business will be achieved through consolidation in existing markets, widening the export base through expansion of its existing basket of products and services, and by entering new markets, with EPC business being the key driver of its exponential growth plans.


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Re:

Post by pushkar.bhat »

My reply to the quote above Tata motors growth engine may hit a speed breaker

Thoughts and comments invited
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Re: Indian Manufacturing Sector

Post by sanjaykumar »

Shovels?



Okay their website sure shows some impressive machinery.
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Re: Indian Manufacturing Sector

Post by Vipul »

Toshiba plans to set up Rs 1,000-cr boiler plant near Chennai.

Toshiba, Japanese engineering major, plans to put up a power boiler plant at Ennore, north of Chennai, according to sources in the know.The initial investment is estimated around Rs 1,000 crore.

Toshiba’s name has been knocking about for sometime as a prospective investor, but until recently, the Japanese company was only mulling a project in the State.However, it is now learnt that Toshiba has made up its mind in favour of investing at Ennore.

The company has been talking to the State Government’s Transport Department and the National Highways Authority of India for strengthening certain stretches of the road connecting the proposed site to the Ennore port, so that it could bring the heavy equipment needed for the project.

Sources say that Toshiba has plans to set up boilers for a capacity of 15,000 MW.However, it is understood that such a level of capacity would be reached over time.

The shortage of power equipment manufacturing capacity in the country vis-À-vis the demand has spawned a clutch of investments in the sector. L&T has tied up with Mitsubishi Electric for producing boilers and turbines in India.

The Rs 1,400-crore Cethar Vessels Ltd based in Tiruchi, Tamil Nadu, which has 7,000 MW of boiler capacity, proposes to invest around Rs 3,000 crore to manufacture turbines.It is talking to a few Chinese companies, including Harbin, for technology.
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Re: Indian Manufacturing Sector

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abhishek
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Re: Indian Manufacturing Sector

Post by abhishek »

How is Iran on that list?
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Re: Indian Manufacturing Sector

Post by Neshant »

how is China all the way down on that list ?

Singapore a major car producer??

the list sounds like nonsense.
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Re: Indian Manufacturing Sector

Post by SaraLax »

Heartening to note that Rajasthan's fledgling industrial & manufacturing capabilities will be strengthened in the coming years by some of the below big ticket investments

Honda's 2nd Car plant in India
Honda is setting up its second car manufacturing unit in Rajasthan at an investment of $239 million with a capacity to produce 60,000 units in the first phase of 2009. By the year 2014, Honda plans to expand the facility and increase its production capacity to 200,000 units per year. To meet the expected production output, the new plant will be employing 4,000 workers. This means that Honda will not only benefit from the growing market in India, but they will also be stimulating the country’s economy.
Saint-Gobain, Rajasthan sign MoU on glass complex
Press Trust Of India / Jaipur August 19, 2008, 14:53 IST
Float glass maker Saint Gobain today signed an agreement with the Rajasthan government to set up a manufacturing facility at a cost of Rs 1,000 crore in the state.
The facility is expected to achieve three lakh tons per annum production capacity by the first quarter of 2010. Saint Gobain President and MD B Santhanam and Industry Secretary Ashok Sampat Ram signed the MoU for the project that would come up in Bhiwadi and would be larger than a similar world glass complex in Chennai. The first phase would be followed by additional investments that will enable the company to provide solutions to the architectural, automotive and solar industries, Santhanam added.
Metso ramping up Indian investments
Finland-based engineering conglomerate Metso has already made its presence felt in India. Nearly 40% of the total aggregates — material used in making runways and roads — for Golden Quadrilateral and the runways in Delhi, Bangalore and Hyderabad airports were churned out on Metso equipment.

Besides a proposed manufacturing capacity ramp-up, the company — a subsidiary of the €6-billion Finnish engineering and technology group Metso Corporation — is also aiming to develop India as a sourcing hub for hardware, software and knowledge capital for overseas markets.

Having already invested €42 million in India during the last 12 months, Metso Minerals is pumping in a fresh €30 million in developing a 49-acre multi-functional industrial facility called Metso Park in Alwar over the next couple of years.

With the proposed Metso Park, which is slated to host both Metso’s own operations and that of select key suppliers, kicking off, Metso aims to enhance its logistics, inventory control, operational quality and productivity as well as supplier relationships.Operations at Metso Park are expected to commence in the second half of 2009.
If the state can prevent situations like the Gujjar agitation/Jaipur bomb blast in the future and can enhance its technical/skilled manpower generation capability - it should be able to pull in a lot more manufacturing investments.
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Re: Indian Manufacturing Sector

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Hero Group looks to diversify into making small aircraft.

Two-wheeler major Hero Group plans to diversify into making small aircraft for both personal use and training purposes.

The company is in the final stages of tying up with a German company, which will provide the design for the aircraft project, industry sources told Business Line. The project will come up at the 300-acre Special Economic Zone in Madhya Pradesh, which is to be developed into an aerospace and defence industrial park.

“The project site will have a 1.5-km-long private air strip around which the aerospace and defence industrial park will come up. An announcement about the project is expected in mid-September,” sources said.

Germany has a host of companies involved in aircraft development including Daimler Benz Aerospace and Deustche Airbus.
The Hero Group, though synonymous with two-wheelers in India, has a footprint in other areas including product designing, IT-enabled services, finance and insurance.

The move to venture into aviation sector comes at a time when several corporates are seeking to acquire personal jets to make better use of their working day. Even the leading players in the global private jet market such as Bombardier, Cessna and Raytheon say that they are not only getting queries but are seeing an increasing number of corporates converting them into orders.

“These machines allow corporates to pack in more in a working day. A private aircraft allows corporates to fly when they wish, land at strips where there might not be a commercial service and conduct business even as they jet from one part of country to another or from one part of the globe to another,” explained an official with a private aircraft manufacturing company.

In the recent times the Government has permitted a host of corporates including the GMR Group and Punj Lloyd to import personal jets.
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L&T bags largest Brazilian equipment order

Mumbai, September 10, 2008: Larsen & Toubro Limited’s (L&T) Heavy Engineering Division has been awarded an order to manufacture and supply of ten Hydrotreating Reactors and twelve Coke Drums for Petrobras’ prestigious 200,000 bpd North-east Refinery Project in Brazil.

The total value of the order is approx US$160 million. This is the largest order ever received by L&T from South America.

The reactors will be manufactured from advanced technology steels containing Chromium, Molybdenum and Vanadium, whilst the coke drums will be manufactured using Cr-Mo Steel. These reactors and coke drums will be delivered to the refinery in Brazil in the financial year 2010-11.

Anticipating the developments in the global hydrocarbon industry, L&T has proactively embarked on a major expansion programme at its state-of-the-art manufacturing facility at Hazira, which is rated as one of the largest and most modern integrated manufacturing complexes situated on a water front with easy access to the sea.

In addition, a new heavy fabrication facility is under construction at Sohar, Oman. This facility will be a first-of-its-kind venture in the G.C.C. region & will have the capability to manufacture critical equipment for refineries, petrochemicals and fertiliser projects apart from other process industries.
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BHEL to augment manufacturing capacity to 20,000 MW by 2011.

State-owned Bharat Heavy Electricals on Wednesday said it will enhance its manufacturing capacity to 20,000 MW in three years from the current 10,000 MW.

"BHEL will increase its manufacturing capacity from the present 10,000 MW to 20,000 MW by the year 2011," a company statement said.The company expects to reach the 15,000 MW manufacturing capacity mark by this year-end, it said.

Besides capacity augmentation of existing products, other major areas of investment include facilities for higher rating nuclear sets, 765 kV transformers and other associated transmission equipment."Attention is also being given to rebuild and retrofit existing facilities to enhance their life, accuracy and productivity through additional investment," CMD BHEL K Ravi Kumar said in the statement.

On the partnership front, he said the company entered into an MoU with Tamil Nadu Electricity Board for forming a joint venture to set up a 2x800 MW supercritical thermal power project.An MoU was signed with MMTC for enhancing export of power plant equipment and projects leveraging counter trade and bulk buying, Kumar said. An MoU was also signed with NTPC to form a joint venture for jointly executing EPC projects and power equipment manufacturing, he added.

BHEL secured the highest-ever orders worth Rs 50,270 crore in 2007-08 and has an order book position of over Rs 85,000 crore.The company's turnover reached Rs 21,401 crore, registering a growth of 14.2 per cent and net profit soared 19 per cent over the previous year's to Rs 2,859 crore.
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Re: Indian Manufacturing Sector

Post by Paul »

Get Latest Quote and Company Info

Tata Motors surveys 2 sites near Dharwad




Karnataka wants talks with Ratan Tata to take matter forward.





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“About 500 acres is in possession of the Karnataka Government. If they want additional 300-500 acres, we can acquire and give it to them.”


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Bangalore/Kolkata, Sept. 22 The Karnataka Government has sought an “early appointment” with Mr Ratan Tata, Chairman of the Tata Group, “to take forward the negotiations on relocating the Nano project to Dharwad,” said Mr Murugesh Nirani, Minister for Large and Medium Industries, here on Monday.

The Principal Secretary, Department of Industries and Commerce, Mr V. Umesh, said Tata Motors’ officials had visited two sites near Dharwad which could be offered for the project.

While one site is about 800 acres, the other is 1,000 acres, he said, addingthat the Government has 500 acres in its possession, which could be made available for the Nano project immediately.

(Newswire18 adds: “They need 800-1,000 acres. About 500 acres is in possession of the Government. If they want additional 300-500 acres, we can acquire and give it to them,” Mr Umesh said. “There won’t be any problem because it is a single crop, dry land where, by and large farmers would agree. It will be consent acquisition and compensation will be at market rate,” he said.)

Last week, a Tata Motors team led by its Managing Director, Mr Ravi Kant, met the Karnataka Chief Minister, Mr B.S. Yeddyurappa, and discussed the possibility of locating the Nano plant in the State.

The State Government had assured the team all help.

Bengal extends deadline


The West Bengal Government has extended the deadline for receiving applications from farmers in Singur who wish to accept their compensation cheques in lieu of land acquired from them for the Tata small car project.

The earlier deadline expired on Monday. Now the farmers have some more time to submit applications for receiving their compensation cheques.

Till Monday, a total of 70 ‘hitherto-unwilling’ farmers put in their applications before the district authorities for collecting their compensation cheques.

And, till Monday, 45 cheques had been issued. The total number of “unwilling farmers” who have not accepted their compensation cheques is stated to be around 2,200.

Mamata’s threat


Meanwhile, Trinamool Congress leader Ms Mamata Banerjee today threatened to re-launch her agitation programme in support of her demand that the agreement entered into with the State government on September 7 be operationalised.

Ms Banerjee has charged the State government with going back on its commitment with regard to returning “maximum” land from within the project area.

She has reiterated that land from within the project area must be returned to the “unwilling farmers”.

‘Governor must intervene’


The State unit of the Congress party has said that it will approach the Governor, Mr Gopalkrishna Gandhi, and urge him to facilitate resolution of the issue at the earliest.

Tata Motors suspended work on the Singur plant on September 2 citing a hostile environment at the site. It had also said that it was working out detailed plans to relocate the plant and machinery.

The Trinamool Congress has been agitating against the project demanding that 400 acres of land acquired for the project by the Government and handed over to the company be returned to the farmers who were not willing to give up their land. The West Bengal Government and the Trinamool Congress held discussions after the Governor
WOuld be a resounding slap for Commie pride should Tatas move to a BJP ruled state.

Corrected - my apologies
Last edited by Paul on 23 Sep 2008 03:32, edited 1 time in total.
Rahul M
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Re: Indian Manufacturing Sector

Post by Rahul M »

paul, stop equating commie with bengali and anti-BJP. I would expect somebody like you to show more sense in these matters.
vsudhir
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Re: Indian Manufacturing Sector

Post by vsudhir »

The Tatas are indeed India's treasure.

They had many possible locations and more than a few states were willing to bend backwards to have their world famous Nano factory in their area - a hub for immense econ activity, innovation, spillovers and economic prosperity multipliers that such entails. One look at what Tata managed Jamshedpur has become is illuminating. (My last trip there was in 1997, IIRC, and I was impressed even then how something like this came up in the backwaters of Bihar (now Jharkhand)).

The Tatas chose WB precisely to catalyze 'normal' economic activity ignited by a prestigious, large industrial cluster. WB is the hope, however forlorn, for the economic revival of the entire Eastern quarter of the country. WB's revivial is a must. The Tatas saw this and attempted, in their good nature (and naiviete, perhaps) to do this. Hats off to them!

That the stumbling block is the TMC and Mamta is doubly sad. The alternative to the CPM is almost just as bad. Nobody really can be as bad as the CPM coz of its anti-national stands, IMHO. Nobody that is, except the SIMI-JI grouping, perhaps.

I'm still hoping, against hope, that the project is able to take off and things are able to change. Lezsee, hope springs eternal.
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Re: Indian Manufacturing Sector

Post by Rishirishi »

vsudhir wrote:The Tatas are indeed India's treasure.

They had many possible locations and more than a few states were willing to bend backwards to have their world famous Nano factory in their area - a hub for immense econ activity, innovation, spillovers and economic prosperity multipliers that such entails. One look at what Tata managed Jamshedpur has become is illuminating. (My last trip there was in 1997, IIRC, and I was impressed even then how something like this came up in the backwaters of Bihar (now Jharkhand)).

The Tatas chose WB precisely to catalyze 'normal' economic activity ignited by a prestigious, large industrial cluster. WB is the hope, however forlorn, for the economic revival of the entire Eastern quarter of the country. WB's revivial is a must. The Tatas saw this and attempted, in their good nature (and naiviete, perhaps) to do this. Hats off to them!

That the stumbling block is the TMC and Mamta is doubly sad. The alternative to the CPM is almost just as bad. Nobody really can be as bad as the CPM coz of its anti-national stands, IMHO. Nobody that is, except the SIMI-JI grouping, perhaps.

I'm still hoping, against hope, that the project is able to take off and things are able to change. Lezsee, hope springs eternal.
To be fair, the TATAS did get huge perks and subsidies. WB government bent forward and backward to attract them.
Sad day for WB and sad for the country. As long as large pockets in Uttar Pradesh, Bihar, Jharkhand and WB remain under developed, India will stay behind in per capita terms.
Hopefully this Mamta thing will realize her mistakes and drown her self in the sewage of WB. A top of the line, leach.
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