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Old November 7th, 2011, 12:07 PM   #1
kannan infratech
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Sri City - SEZ & Industrial Development

Please post all Sricity related news / posts here.

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Old November 7th, 2011, 12:10 PM   #2
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Cross Posted from CHennai Threads

http://www.skyscrapercity.com/showpo...ostcount=11284

Andhra CM inaugurates 50 plus companies in Sri City, Foresees 1 Lakh Jobs by 2014, Stresses on Skill development for Economic Growth
http://www.moneylife.in/business-wir...wth/28888.html

The Hon’ble Chief Minister of Andhra Pradesh Sri NallariKiran Kumar Reddy inaugurated Sri City- South India’s largest private sector owned multi-product Special Economic Zone (SEZ) - on the 4th of November 2011 in Tada (55 kms away from Chennai).

The ground breaking of 10 unitswas performed byThe Hon’ble Chief Minister who also dedicated20 operational units, 13 units under construction and 10 Sri City projects.

International and Indian companies such as HunterDouglas, Unicharm, NHK Spring, Aisan, Kusakabe, EagleBurgmann, Tattva Energy and Mohan Mutha witnessed the ground breaking ceremony. The companies are from diverse businesses such as Auto Components, Building materials and Light manufacturing. Premier educational institutions IFMR and CBS were amongst them.

From Japanese conglomerates such as Kobelco Construction and Kobelco Cranes, Italy’s VRV Group &Lavazza, Thailand’s Rockworth - Al Reyami, US based Control Components Inc. and Bahrain based BFG to name just a few were also dedicated at Sri City today.

The Chief Minister was along with the Finance Minister Sri. AnamRamanarayana Reddy, Revenue Minister Sri Raghuveera Reddy, Industries Minister Smt. Geetha Reddy, and Mines and Geology Minister Smt. ArunaKumariGalla at the inauguration.

“Sri City has a great advantage due to its close proximity to 2 international airports, 3 sea ports, rail and road connectivity. Due to this, Sri City is going to take the best of both the states and grow to a greater extent by providing employment opportunities to over a lakh of people in and around Sri City in the coming years,” said The Hon’ble Chief Minister of Andhra Pradesh.

“I have great pleasure to state that with Sri City growing in the coming years, many establishments such as Hospitals, Educational institutions, Job opportunities, betterment of living standards, training for industry readiness etc are the benefits the locals in and around Sri City will enjoy. The government will provide all the support for ensuring the upliftment of the region and the state through Special Economic Zones” he said.

The Chief Minister had also released a book on “Sri City - A Social Perspective” highlighting the growth of Sri City and the social empowerment to the villagers in and around Sri City.

“On 08.08.2008 we had the great privilege of the Late Chief Minister of Andhra Pradesh Dr. Y.S. Rajashekara Reddy, performing the ground breaking at Sri Cityand I am happy to inform you that the first 10 units for which he did ground breaking are fully operational in Sri City today”, said Mr. Ravindra Sannareddy, MD, Sri City.

“Today,I am proud to announce that Sri City is already home to 57 leading international and domestic companies. These companies are from 17 countries, across 6 continents, and represent diverse industries like automotive, locomotives, electronics, engineering, pharmaceuticals, warehousing, food processing etc.,” he said.

“As on date, 20 companies are operational in Sri City, providing employment for over 5000 people and with an investment of Rs.1200 Crores. With the 13 more companies that are under construction, 10 companies that witnessedground breaking and other companies that have signed agreements, additional investment of Rs. 1300 Crores, employments for more than 6,000 people will be generated. The estimated employment potential in the next 3 years is over 50,000,” he added.

“Eventually, Sri City will lead to the generation of close to 1lakh jobs, and we continue to take efforts to seamlessly develop and integrate the skill set of the local populace to suit the needs of the industries’” he further added.
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Old November 7th, 2011, 08:06 PM   #3
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Articles related to Sri City:

http://www.business-standard.com/ind...i-city/454449/

http://www.thehindubusinessline.com/...ref=wl_opinion
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Old November 8th, 2011, 08:38 AM   #4
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Andhra CM inaugurates Sri City SEZ accommodating 50 plus companies

Source: http://machinist.in/index.php?option...=3922&Itemid=2

Quote:
Hyderabad: Chief Minister of Andhra Pradesh, NallariKiran Kumar Reddy inaugurated Sri City - South India’s largest private sector owned multi-product Special Economic Zone (SEZ) - on the 4th of November 2011 in Tada (55 kms away from Chennai). The ground breaking of 10 units was performed by him. He also dedicated 20 operational units, 13 units under construction and 10 Sri City projects.

"As on date, 20 companies are operational in Sri City, providing employment for over 5000 people and with an investment of Rs.1200 Crore. With the 13 more companies that are under construction, 10 companies that witnessed ground breaking and other companies that have signed agreements, additional investment of Rs. 1300 Crore, employments for more than 6,000 people will be generated. The estimated employment potential in the next 3 years is over 50,000," said Ravindra Sannareddy, MD, Sri City. "Sri City is already home to 57 leading international and domestic companies. These companies are from 17 countries, across 6 continents, and represent diverse industries like automotive, locomotives, electronics, engineering, pharmaceuticals, warehousing, food processing etc.," he said.

"Eventually, Sri City will lead to the generation of close to 1 lakh jobs, and we continue to take efforts to seamlessly develop and integrate the skill set of the local populace to suit the needs of the industries," he further added.

International and Indian companies such as HunterDouglas, Unicharm, NHK Spring, Aisan, Kusakabe, EagleBurgmann, Tattva Energy and Mohan Mutha witnessed the ground breaking ceremony. The companies are from diverse businesses such as Auto Components, Building materials and Light manufacturing. Premier educational institutions IFMR and CBS were amongst them. From Japanese conglomerates such as Kobelco Construction and Kobelco Cranes, Italy’s VRV Group & Lavazza, Thailand’s Rockworth - Al Reyami, US based Control Components Inc. and Bahrain based BFG to name just a few were also dedicated at Sri City today.

"Sri City has a great advantage due to its close proximity to 2 international airports, 3 sea ports, rail and road connectivity. Due to this, Sri City is going to take the best of both the states and grow to a greater extent by providing employment opportunities to over a lakh of people in and around Sri City in the coming years," said the Chief Minister.

"I have great pleasure to state that with Sri City growing in the coming years, many establishments such as Hospitals, Educational institutions, Job opportunities, betterment of living standards, training for industry readiness etc are the benefits the locals in and around Sri City will enjoy. The government will provide all the support for ensuring the upliftment of the region and the state through Special Economic Zones" he said.

The Chief Minister had also released a book on "Sri City - A Social Perspective" highlighting the growth of Sri City and the social empowerment to the villagers in and around Sri City.
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Old December 19th, 2011, 10:11 AM   #5
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Middle of Nowhere

//please delete

Last edited by scorpionking; December 19th, 2011 at 10:13 AM. Reason: delete
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Old December 19th, 2011, 10:12 AM   #6
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Middle of Nowhere

The vision of SriCity is great, but the current infrastructure situation is just like any other part of India. The tag of Private Sez has zero value.

The roads and layouts are well made, but what's needed for any new venture is a zero downtime internet services and excellent voice connectivity.

Reliance is the only service provider for wired voice line and internet services. Their services are extremely bad, and for a place like SriCity, where major GSM operators have very feeble signals, wired voice line is very important. Internet down times are regular and voice line never works well.

What's more disgusting is the zero care attitude thrown by SriCity officials. They are not bothered about their clients connectivity at all.

If you are a potential client for SriCity, beware of voice and internet connectivity issues. You will be taken for a long ride and be prepared.

Welcome to SriCity..!!!
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Old January 14th, 2012, 12:15 PM   #7
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Sri City attracts 16 more firms

Source: http://ibnlive.in.com/news/sri-city-...48-60-121.html

Quote:
HYDERABAD: Sixteen international companies signed MoUs worth over Rs 1,700 crore with the state government at the two-day CII Partnership Summit which here on Friday, according to the multiproduct special economic zone, Sri City, in Chittoor district.With these, the total number of companies in Sri City SEZ has touched 65. "We have companies from Japan, France, Netherlands, Italy and Denmark," said Ravindra Sannareddy, managing director of Sri City SEZ.
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Old April 28th, 2012, 06:38 AM   #8
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Crane Manufacturers in Chennai

Thanks for posting the forum is too good




Crane Manufacturers in Chennai
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Old April 28th, 2012, 06:42 AM   #9
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http://www.slecraneshoists.com/]Crane Manufacturers in Chennai[/url]
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Old May 10th, 2012, 09:39 AM   #10
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Sam has posted some information about that forums...



karan chanana.k
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Old May 10th, 2012, 09:43 AM   #11
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Sricity is situated between North Latitudes of 13°29’50” & 13°34’40” and East Longitudes of 79°57’30” & 80°02’50”, at an average elevation of about 20 metres above MSL (66 ft) covering parts of Chittoor district and Nellore district of Andhra Pradesh.


chananakaran
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Old May 10th, 2012, 09:45 AM   #12
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The District has hundreds of monuments, memorial rocks and memorials. The Historical Memorials date back to over 1000 years.

mutthukaran
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Old May 10th, 2012, 09:47 AM   #13
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Sricity forms part of Satyavedu and Varadaiahpalem mandals of Chittoor District. It is part of the Satyavedu constituency and Tirupati MP constituency. The population of the constituency is estimated over 90536, with a literacy rate of 78.98, well over national rate of Literacy in India which stand at 61%. SOURCE: Demographics of India.


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Old October 3rd, 2012, 01:18 AM   #14
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We had initiated a coverage on Colgate with accumulate rating (Dec 15, 2011) based on its strong brand equity and product reach in India.

The company's top line has been growing consistently in high teens with volume growth at mid teen range. Colgate's volume market share in tooth paste segment increased to 54.5% in during Jan-Jun 2012 period from 52.4% during same period in last year.

Similarly the company strengthened its position in tooth brush category with 38.2% share, which is nearly 200 bps improvement in one year. It has launched two variants i.e. Colgate 360 Battery Toothbrush and Colgate Max Fresh Toothbrush.

In a premium sensitive tooth paste segment, Colgate Sensitive tooth paste has a new major competitor in i.e. HUL's Pepsodent Expert Protection along with GSK Pharmaceuticals' Sensodyne.

The company is increasing its manufacturing base by investing in new facilities at Sanand in Gujarat (tooth paste) and Sri City in Andhra Pradesh (tooth brush). Both the factories are expected to be operational from 2013.

Conversion from tooth powder to tooth paste in rural India (45% tooth paste penetration) has been a major growth driver for oral care companies like Colgate. Therefore, we expect the company to grow at 12%-14% rate comfortably in next three years. We re-iterate our ACCUMULATE rating on Colgate with a revised target price of Rs.1,270 per share.
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Old October 12th, 2012, 04:18 PM   #15
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Sri City offers ready-built factory space for Japanese firms

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Sri City, the 5,000-acre integrated business city at Tada to the north of Chennai, has launched ready-built factory space to attract Japanese small and medium enterprises.

It will offer ready-built factories measuring 5,000 sq. ft to 20,000 sq. ft for companies planning to set up manufacturing facilities at the SEZ in Sri City in Andhra Pradesh close to the Tamil Nadu border. Customised space of over 5,000 sq. m can also be provided, said Ravindra Sannareddy, Managing Director, Sri City. Over 20 acres has been earmarked for the modular factory space.

The business city has earmarked 300 acres exclusively for Japanese companies and is tailoring the specifications to the needs of Japanese investors. The area is also being expanded to 500 acres following the interest evinced by Japanese companies. All clearances will be in place and the investors will simply have to come in and set up shop. They can lease the space for Rs 12-15 per sq. ft. per month for a five-year period and have the option to buy the space. There are now more than 80 manufacturing units, of which 40 are in operation in Sri City, including 14 large Japanese companies, he said.

Japanese investors are keen on South India as it gives them access to the markets here and export to South-East Asia and other parts of the globe. However, the initial stages of setting up shop in India can be daunting for those unfamiliar with the systems here. Sri City has addressed this issue along with its ready built space that will offer plug and play option.

Shinya Fujii, Director-General, Japan External Trade Organisation in Chennai, said such ready-made factories were in vogue in Thailand, a major automobile industrial hub in South-East Asia. Over 36 industrial estates house over 2,000 such factories and the ready-built inventory is estimated at 1.76 million sq.m.

Insufficient guidance from local authorities, delay in statutory clearances are major issues that need to be addressed to encourage Japanese investments. Companies are keen on investing in South India, particularly Tamil Nadu, he said.
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Old December 27th, 2012, 09:35 PM   #16
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The manufacture of metro cars for the city has begun at a factory set up by French company Alstom Transport. The first train set (four coaches) will be ready in 2013. Although the formal inauguration of the factory at Sri City near Tada in Andhra Pradesh is likely to take place only in March, work began in October itself, said officials of the Chennai Metro Rail Limited (CMRL).

Alstom was awarded a Rs. 1,471-crore order for the manufacture of 168 metro coaches.

Nine train sets (36 coaches) will be produced and tested by Alstom at their Lapa factory in Brazil, while the remaining cars will be produced at the site in India, said Jojo Alexander, managing director, Alstom Transport India.

CMRL officials said the purpose behind setting up a factory in the country was the promotion of indigenous manufacturing and reduction of cost.

“Also, having a manufacturer locally makes servicing and maintenance easier,” said a CMRL official.

The Delhi Metro Rail Corporation (DMRC)’s contractor Bombardier Transportation manufactured metro cars in Savli in Gujarat.

Meanwhile, the model coach made at the factory in Brazil arrived in Chennai early this month and it may be taken to Sri City before CMRL puts it up for public viewing in Chennai.
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Old January 28th, 2013, 09:34 AM   #17
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CHENNAI: Japanese utility vehicle maker Isuzu Motors has firmed up its India plans with a manufacturing plant in Sri City, Andhra Pradesh. Isuzu will invest nearly Rs 1,000 crore in the greenfield plant that can make nearly 50,000 vehicles a year.

The India-specific announcement is expected on March 15 in Hyderabad. The plant will be ready for commercial production by 2015 and till then, the Japanese manufacturer will use the Hindustan Motors' Chennai car plant at Tiruvallur and General Motors' facility.

"The initial plan is to roll out MU7 Choiz (a sports utility vehicle sporting a 3.0-litre engine) and V Cross, a 2.5-litre engine, mounted pick-up," sources said.

Isuzu could not be reached for comment.

The homologation - the process of certifying that a particular car is roadworthy and matches certain specified criteria laid out by the government for all vehicles made or imported into the country - was completed a few weeks ago at ARAI in Pune.

Isuzu is known for its leadership in diesel technology. Its global product portfolio comprises of heavy-, medium- and light-duty trucks, buses, passenger vehicle engines, industrial-use diesel engines.

It will, however, concentrate on pick-ups and SUVs in India. Isuzu had offered its utility vehicle 'Panther' to General Motors to be rebadged as Chevrolet Tavera in India. The company's diesel engines were mounted on Hindustan Motors' Ambassador and Contessa.

Sri City, though located in Andhra Pradesh, is just on the outskirts of Chennai. Isuzu will use the near shore advantage of Chennai's auto parts ecosystem to build its plant and India business.

"Andhra Pradesh is desperate to get an automotive factory. Remember the failed Vashishta Wahan, which was supposed to be an Indian arm of Volkswagen, but turned out to be a fictitious entity. They are going all out for a car plant, but nothing happened. Even with Isuzu, the original announcement was due in December-end, but has since been postponed to March," sources said.
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Old January 28th, 2013, 09:51 AM   #18
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Sunday, January 27, 2013: Shan Solar, a solar PV modules manufacturer with production facility at Sri City SEZ in Andhra Pradesh (near Chennai), has forayed into the rooftop systems with solar power kits for the residential segment. The company already enjoys presence in the solar farm space and is setting up a 25 MW solar project in Maharashtra and a 50 MW solar farm project at the outskirts of Hyderabad, the land for which has already been identified and all necessary approvals from concerned authorities have been obtained.
The company said it is exploring opportunities to set up a similar commercial project in Tamilnadu. Among the many options, the company is considering partnering industry associations to form a special purpose vehicle and manage the solar farm project on a turnkey basis.
Sury Singapur, chairman and managing director, Shan Solar, said, "Over the last few years, several technological innovations owing to focused R&D initiatives have resulted in solar energy generation cost dropping dramatically. Coupled with this, imaginative fiscal incentives offered by governments have lessened the burden of upfront costs of owing solar systems."
Rajesh Rangarajan, chief marketing officer and EPC head, Shan Solar, added: "Besides targeting industries, we are keen to tap residential segment as several cities and towns across the country face unprecedented power cuts ranging between 2 and 12 hours and in many cases even longer duration. Solar power kits and rooftop solutions will be the two offerings of Shan Solar that will hit the market in the first week of March 2013."
Solar power kits will come in different variants ranging from 500 watts to 5000 watts and would be reasonably priced to make them affordable, according to the company. These would be plug and play systems and would be made available through the company's channel partners.
Shan Solar currently has eight channel partners in Tamil Nadu and has plans to increase the number to 50 by the end of this year. On the contrary roof top solutions will be custom built to suit customer requirements. Rajesh pointed out that the main advantage of rooftop solutions is that they can be installed faster than any other types of renewable energy. Besides generating own electricity, rooftop solutions open the possibility of generating additional income to investors as excess power generated could be connected to the grid, he added.
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Old January 28th, 2013, 08:14 PM   #19
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A team of officials from the Union Ministry of Commerce visited Sri City Special Economic Zone (SEZ) in Chittoor district on Thursday to gain first-hand knowledge of the activities at the industrial cluster.

Additional Secretary Madhusudhan Prasad and Joint Secretary Rajiv Arora arrived at the integrated business city and saw the brisk pace of development at the complex. Taking a walk around the sprawling compound, they visited companies like Everton Tea, Pals Plush, Rockworth Office Systems, Amphenol, VRV and Kobelco Constructions. SEZ Development Commissioner Anil Kumar Bamba explained the latest developments to the top bureaucrats.
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Old January 28th, 2013, 08:21 PM   #20
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The new unit in Sri City will make surgical sutures and meshes and export them to over 75 countries

Bangalore based Sutures India, manufacturers of medical devices such as surgical sutures and surgical meshes today announced the inauguration of their fourth plant in Sri City. The launch marks the entry of the third pharma company in Sri City and the second to commence production in record time.

The new unit in Sri City will manufacture surgical sutures and mesh and export them to over 75 countries.

L G Chandrasekhar, Chairman, Sutures India Pvt Ltd, said in a press release that the plant in Sri City would help Sutures India meet market demand and fortify its position worldwide.

The facility in Sri City would cater to growing market in the ASEAN and European regions. With the capacity addition in Sri City, Sutures India would be able to reach a top position in the coming years, he added.

On choosing Sri City as the ideal location, he said, Sri City offered all the advantages of an SEZ with a metropolitan location and was selected primarily on suitability of land, availability of utilities, labour suitability, logistics, quality of life and SEZ special factors.

Ravindra Sannareddy, Managing Director, Sri City said, “Sutures India is the third pharmaceutical company in Sri City and the second to commence production in a short stint. They have invested over Rs 12 crore in this unit. The facility is expected to employ over 50 employees in the first phase and as demand increases will touch 200-plus”.
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