MIHAN Project - SEZ Update Thread

[nagpuri_punter]

is there any company in mihan, having opportunities for design engineers for CAD CAM

[vasantp]

....

[vasantp]

...

[RoyalOrange]

Is TCS starting construction news true? Can someone confirm? Haven't seen this news in other newspaper...

[chetan.thoke]

Originally Posted by RoyalOrange

Is TCS starting construction news true? Can someone confirm? Haven't seen this news in other newspaper...

Even if its true it just mentions construction of compound wall,with this pace I dnt knw how long they'll take to errect the building and start op

[nagpuri_punter]

Originally Posted by vasantp

Project Company Status Rs. Crores / USD Millions
1. Nagpur-Wainganga Highway National Highways Authority Of India New N/A
2. Nagpur-Kondhali Highway National Highways Authority Of India Active N/A
3. Nagpur 'The Empyrean' Township Fire Arcor Infrastructure Pvt. Ltd. New 1185 / 301.53
4. Nagpur Mro Strategic Business Unit Duke Aviation Engineering Pvt. Ltd. Active 147 / 37.40
5. Nagpur Renewable Energy S E Z Maharashtra Industrial Development Corporation New N/A
6. Nagpur Cargo Facility Development Deccan Cargo & Express Logistics Pvt. Ltd. Active 107.35 / 27.32
7. Nagpur Mantri Matrix I T Park Sunil Mantri Realty Ltd. Active 780 / 198.47
8. Nagpur-Hyderabad Highway National Highways Authority Of India Active 443 / 112.72
9. Nagpur-Seoni Expressway Nagpur-Seoni Expressway Ltd. New 489 / 124.43
10. Nagpur Road Terminal Nagpur Sical Gupta Road Terminal Ltd. Active 119.3 / 30.36
11. Nagpur Rail Road Terminal Maharashtra Airport Devp. Co. Ltd. New 200 / 50.89
12. Nagpur Ista Hotel Active 70 / 17.81
13. Mumbai-Nagpur Maglev New N/A
14. Nagpur Shopping Mall Goel Ganga Estates & Properties Pvt. Ltd. New N/A
15. Nagpur Stainless Steel Plant Facor Steels Ltd. New 1000 / 254.45
16. Nagpur Hotel Dawnay, Day Hotels India Pvt. Ltd. New N/A
17. Nagpur It/Ites S E Z Wipro Ltd. New N/A
18. Nagpur Captive Power Vidarbha Industries Power Ltd. New N/A
19. Nagpur Drug Manufacturing Unijules Life Sciences Ltd. New 200 / 50.89
20. Nagpur Aircraft Parts Unit Tata Motors Ltd. New N/A
21. Nagpur Development Centre Tata Consultancy Services Limited New N/A
22. Nagpur It/Ites S E Z Suyog Realtors Pvt. Ltd. Active N/A
23. Nagpur Logistics Hub Sical Infra Assets Ltd. New N/A
24. Nagpur Coal-Power Reliance Energy Ltd. New N/A
25. Nagpur Hotel Expansion Pride Hotels Pvt. Ltd. New N/A
26. Nagpur Software Development Microsoft Corporation (India) Pvt. Ltd. Active N/A
27. Nagpur Mantri Matrix I T Park Mantri Realty Ltd. Active 780 / 198.47
28. Nagpur Thermal Power Plant Mantri Power Ltd. New 2400 / 610.69
29. Nagpur Intl. Passenger & Cargo Airport Maharashtra Airport Devp. Co. Ltd. Active 5000 / 1,272.26
30. Nagpur & Madurai Bpo Facility Hexaware Technologies Ltd. New 70 / 17.81
31. Nagpur Computer Software H C L Technologies Ltd. Active 1000 / 254.45
32. Nagpur Multi-Product S E Z Active N/A
33. Nagpur Forging Facor Steels Ltd. Active 25 / 6.36
34. Nagpur I T Park Ascendas (India) Pvt. Ltd. New N/A
35. Nagpur Maintenance, Repair & Overhaul (Mro) Air India Ltd. New 400 / 101.78
36. Nagpur Synthetic Yarn Mill Expansion Visaka Industries Ltd. Completed 32 / 8.14
37. Nagpur Warehouse Transport Corporation Of India Ltd. New 30 / 7.63
38. Nagpur Logistic Park Safexpress Pvt. Ltd. Completed 10 / 2.54
39. Fun 'N' Food Nagpur - Second Phase Active N/A
40. Nagpur-Hyderabad(Ns/8) Highway National Highways Authority Of India Completed 41 / 10.43
41. Nagpur-Hyderabad Highway National Highways Authority Of India New 2.98 / 0.76
42. Nagpur-Hyd & Hyd-Bangalore(Ns-23/Ap) Highway Proj. National Highways Authority Of India Active 88 / 22.39
43. Betul-Indore-Nagpur Road National Highways Authority Of India New 1104.61 / 281.07
44. Nagpur-Adilabad (Ns/7) Highway Ministry Of Road Transport & Highways Completed 70 / 17.81
45. Nagpur-Kalumna Section Rob Maharashtra State Road Devp. Corpn. Ltd. Active 21.38 / 5.44
46. Nagpur-Itarsi Section (Mekosabagh) Rob Maharashtra State Road Devp. Corpn. Ltd. Active 10.89 / 2.77
47. Nagpur-Itarsi Section (Mankapur Gate) Rob Maharashtra State Road Devp. Corpn. Ltd. New 10.54 / 2.68
48. Nagpur-Aurangabad-Sinnar-Ghoti-Mumbai Road Maharashtra State Road Devp. Corpn. Ltd. Active 750 / 190.84
49. Nagpur Ring Road & Umred Road Flyover Maharashtra State Road Devp. Corpn. Ltd. New 14 / 3.56
50. Nagpur Intl. Passenger & Cargo Airport Maharashtra State Road Devp. Corpn. Ltd. Proposed 5000 / 1,272.26
51. Nagpur City Integrated Road Devp. Phase I Proj. Maharashtra State Road Devp. Corpn. Ltd. Active 350.26 / 89.12
52. Kamptee (Nagpur Jabalpur Nh-7) Road Maharashtra State Road Devp. Corpn. Ltd. Active 3.28 / 0.83
53. Nagpur S E Z Maharashtra Airport Devp. Co. Ltd. New N/A
54. Nagpur Hotel Proposed 30 / 7.63
55. Nagpur Milk Processing Gujarat Co-Op. Milk Mktg. Federation Ltd. Completed 5 / 1.27
56. Jaipur-Kuchaman-Nagpur Road New 87.27 / 22.21
57. Rob Nr.Fekri Village On Surat-Dhule-Nagpur Rd. Proj. New 14.25 / 3.63
58. Ratnagiri-Solapur-Tuljapur-Latur-Nanded-Nagpur Rd. Improvement New 9 / 2.29
59. Nagpur-Solapur Road New 2.61 / 0.66
60. Nagpur-Raipur(Km515/0 To 531/0) Road New 1.6 / 0.41
61. Nagpur-Raipur(Km.541 To Km.554) Road New 3.22 / 0.82
62. Nagpur-Raipur(Km.449 To Km.470) Road New 3.75 / 0.95
63. Nagpur-Edlabad Road Strengthening New 4.42 / 1.12
64. Nagpur-Edlabad Road Improvement New 3.18 / 0.81
65. Nagpur-Edlabad Road Improvement New 2.69 / 0.68
66. Nagpur-Amravati Road New 3.3 / 0.84
67. Nagpur Apparel Park Active 17 / 4.33
68. Akaltra (Hawra-Nagpur) Rail Over Bridge New 3.6 / 0.92
69. Nagpur I T Park D L F Ltd. New N/A
70. Nagpur Multiplex Cinemax Entertainment Pvt. Ltd. New N/A
71. Nagpur Hanging Bridge Central Railways Active 40 / 10.18
72. Nagpur Airport Upgradation Airports Authority Of India Completed 96.76 / 24.62

sorry dost... but i didnt understand ur post, plz explain. what u mean by project companies....

[vasantp]

...

[WorldVision]

Originally Posted by RoyalOrange

Is TCS starting construction news true? Can someone confirm? Haven't seen this news in other newspaper...

The article below from NDTV sheds some light on IT industry in India. It clearly states its dependence, source of income, pricing model, and why they are now suffering:

Indian companies rely on spending by corporations in US and Europe for growth.

A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients. Billing rates is the price per worker (in terms of man hours) charged by Indian IT services companies to US and European customers.

Click here to see the whole article.

Considering such an uncertain or weak demand environment, it will be unlikely that an IT company will start something very new at a place like Nagpur / Mihan, unless there could be a compelling reason, such as intense political pressure, which also seems an unlikely scenario.

[hcu410]

Originally Posted by WorldVision

The article below from NDTV sheds some light on IT industry in India. It clearly states its dependence, source of income, pricing model, and why they are now suffering:

Indian companies rely on spending by corporations in US and Europe for growth.

A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients. Billing rates is the price per worker (in terms of man hours) charged by Indian IT services companies to US and European customers.

Click here to see the whole article.

Considering such an uncertain or weak demand environment, it will be unlikely that an IT company will start something very new at a place like Nagpur / Mihan, unless there could be a compelling reason, such as intense political pressure, which also seems an unlikely scenario.

In my opinion squeeze for billing (which you rightly mentioned is happening) is good for tier-2/3 cities because the companies would be forced to cut down costs and learn to live with lower billing rates and lesser margins. By now they know that expanding in smaller tows would help then keep the spiraling wage costs under control. All these companies have to now accept the fact that Mumbai, Bangalore, Pune, NCR are now crumbling.
Having said that, it doesn't mean that Nagpur can sit back and just do nothing. The competition amongst the smaller cities is going to be even more fierce with every state projecting at least 2-3 such cities.

BTW, I went on a tour of MIHAN last weekend and can confirm following things:
1) Boing work is really is in full swing marked by massive construction activity, the big labor-colony cannot go unnoticed.
2) TCS has indeed started work and from the look of it the outer perimeter marking has been done and compound wall work has started. I also saw 2 JCBs at work on the site, which we can guess are there not for the wall work but some *real* work on the site.

Heartening but let's hope they keep the dates.

[radioactive]

THanks for the quick updates.

[vasantp]

[...

[WorldVision]

Great to hear that things are moving forward at MIHAN.

Keep the good work.

[hcu410]

Originally Posted by vasantp

Why not pics?

I knew this question would come my way.
I'm not much of a shutterbug and am prone to forgetting to take pictures, only to realize later that I should have - and this case is a great example.

[_GrapeWine_]

hcu410 - Welcome to SSC-I

I was also having the same 'Location' details - Nagpur (home) / Hyderabad (work) for full 4 years now
Nice to see more people from Nagpur joining this forum.

[nagpuri_punter]

Originally Posted by hcu410

In my opinion squeeze for billing (which you rightly mentioned is happening) is good for tier-2/3 cities because the companies would be forced to cut down costs and learn to live with lower billing rates and lesser margins. By now they know that expanding in smaller tows would help then keep the spiraling wage costs under control. All these companies have to now accept the fact that Mumbai, Bangalore, Pune, NCR are now crumbling.
Having said that, it doesn't mean that Nagpur can sit back and just do nothing. The competition amongst the smaller cities is going to be even more fierce with every state projecting at least 2-3 such cities.

BTW, I went on a tour of MIHAN last weekend and can confirm following things:
1) Boing work is really is in full swing marked by massive construction activity, the big labor-colony cannot go unnoticed.
2) TCS has indeed started work and from the look of it the outer perimeter marking has been done and compound wall work has started. I also saw 2 JCBs at work on the site, which we can guess are there not for the wall work but some *real* work on the site.

Heartening but let's hope they keep the dates.

thanx for the info buddy.

hope the boeing projects completes soon, so that we can come back to our Nagpur \m/

[radioactive]

Thanks Guys. Lets hope for the best. Please post the pics, if possible.

[hcu410]

Thanks Grapewine! Glad to be here...
I just loved the way you guys shared info proactively and hence joined in, hope I can add value to the discussions.

[vasantp]

....

[vasantp]

...

[amco_in]

Berger Paints also looking up the plant in nagpur industrial area they are planing to open there new plant at Nagpur after GOA... Most probably there land acquisition producer will be done in next month....

Originally Posted by vasantp

Maharashtra to get third National Investment and Manufacturing Zone (NIMZ)

http://netindian.in/news/2012/07/21/...ring-zone-nimz

Union Minister for Commerce and Industry Anand Sharma today anounced that the Government had given "in-principle" approval for a National Investment and Manufacturing Zone (NIMZ) at Nagpur, the third in Maharashtra and the ninth in the country.

“I am happy to inform that ‘in-principle’ approval has been accorded to the proposal, given its significance," he said after inaugurating the National Institute of Intellectual Property Management (NIIPM) in the presence of Maharashtra Chief Minister Shri Prithviraj Chavan and Union Minister of Social Justice and Empowerment Mukul Wasnik.

The proposed NIMZ area is situated in Kuhi and Umred talukas of Nagpur district and has an
area of 6280 hectares. It will attract investment of approximately Rs. 25,000 crore and will provide gainful direct and indirect employment to 2,60,000 people of Nagpur district, he said.

The first seven NIMZs were set in Ahmedabad-Dholera Investment Region, Gujarat (900 sq km), Shendra-Bidkin Industrial Park City near Aurangabad, Maharashtra (84 sq km), Manesar-Bawal Investment Region, Haryana (380 sq km), Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan (150 sq km), Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh (370 sq km), Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh (250 sq km) and Dighi Port Industrial Area, Maharashtra (230 sq km). Later, the Jodhpur-Pali Region in Rajasthan was added to the list.

Mr Sharma also said that a state-of-the-art convention centre would be set up at Nagpur on land provided by the state goverment on the lines of those established in Chennai and Bangalore. The cost of construction of the centre would be met form the ASIDE scheme of the Central government, he said.

He said a virtual centre of the Agricultural and Processed Food Products Export Development Authority (APEDA) would be estabshed at Nagpur. APEDA already has a full-fledged office in Mumbai since 1990. In the States where APEDA does not have a physical office, its activities are conducted in conjunction with the respective state governments, through virtual offices.

Later at a gathering of industry leaders from the Vidarbha and other regions of the state organized by CII, Mr Sharma was apprised of the issues pertaining to Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), an airport-cum-SEZ. Acknowledging the need to rework the SEZ scheme, he said a comprehensive review of the SEZ guidelines was underway.