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| East India Projects Project news from West Bengal, Assam, Chattisgarh, Jharkhand, Orissa, Bihar, Sikkim and the 6 NE sister states |
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#61 |
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Registered User
Join Date: Aug 2004
Location: DED, LKO, PHL
Posts: 4,494
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Respect to the seventh IIM at Shillong.
http://www.pagalguy.com/content/iims/iims1.html Currently operating in the Mayurbhanj Palace campus at the North-East Hill University with the first batch of 60 students. |
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#62 | |
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ॐ शान्तिः शान्तिः शान्तिः
Join Date: Jan 2003
Location: Haleiwa, Oahu, HI :. Waianae, Oahu, HI :. DETROIT, MI
Posts: 3,855
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Underground expressway proposed between Siliguri & Sikkim
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#63 |
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Registered User
Join Date: Jul 2007
Location: Backroads
Posts: 4,241
Likes (Received): 18
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Kolkata’s Ruia Group to set up tyre plant in Guwahati
By Aparajita Gupta
Kolkata, July 16 (IANS) The Kolkata-based Ruia Group, on an acquisition spree over the past few years, is setting up a Rs.4 billion greenfield tyre plant in Assam, company chairman Pawan Kumar Ruia said here. The plant will come up in an industrial area being constructed by the Assam government near the Lokpriya Gopinath Bordoloi International airport in Guwahati. “We will invest Rs.4 billion for this project, which is likely to be completed within a year and a half,” Ruia said in an interview with IANS. The company has already acquired a 60-acre plot for constructing the plant, which would have a production capacity of 50 tonne units per day initially. Later, the capacity would be increased to 100 tonnes per day. The project report has already been completed, he added. Asked what prompted him to venture to the northeast, Ruia said: “The government is supportive. The market is also extremely good over there. And since my company is headquartered in Kolkata, doing business in the northeast is advantageous for me.” He predicted a lot of investment in the northeast from various companies across several sectors in the next five to 10 years, with power being the thrust area. “I am very bullish on the northeast,” he added. Turning to the group’s overall plans in the next two years, Ruia said around Rs.22-23 billion would be pumped in for organic growth. It would invest Rs.8 billion in sugar, Rs.10-12 billion in tyre and Rs.3-4 billion for heavy engineering and infrastructure. The group is already building a Rs.8-billion sugar complex at Shariyatpur in East Champaran district of Bihar. The project would include 10,000 tonne cane crushing capacity per day, an ethanol manufacturing unit with a daily capacity of 240 kilolitres and a 50 megawatt power plant. The complex, set to be completed in two years, is coming up on 180 acres, of which 102 acres has been acquired so far, he said. “We are trying to catch next season, that is, 2009-10,” Ruia said. Besides, the group already has a sugar plant - the Kamlapur Sugar and Industries Ltd in Uttar Pradesh - which has a daily capacity of crushing 4,000 tonne of cane. Ruia acquired sick heavy engineering and infrastructure company Jessop and Co. in 2003 and turned it into a profit-making business. Ruia plans to invest Rs.3-4 billion for brownfield expansion of Jessop in the next couple of years. The group ventured into tyre industries in 2005 with the acquisition of Dunlop India Ltd and Falcon Tyres Ltd. In 2007, it acquired Monotona Tyres in Mumbai and in the same year bought a controlling stake in electronics company Industronics Berhad in Malaysia. “We will increase the production capacity of Falcon Tyres to 150-200 tonne per day. This will require an investment of Rs.5-6 billion,” Ruia said. Falcon Tyres currently produces 100 tonne units per day. The total production for a month stands at 750,000 pieces of tyres and the same number of tubes. At Dunlop, the focus would be more on radial tyre and off-the-road (OTR) tyre variety this year, Ruia said. This year, the group acquired British auto component company Schlegel Automotive Europe Ltd. “I love to take risks and challenges. I am fond of creating values in areas and companies where others think there is no value,” he said. Acquisition, ownership or partnership with foreign companies would help the group imbibe their technological know-how, which would prove extremely beneficial for business growth, he said. After acquiring Schlegel Automotive, manufacturer and supplier of auto components to some of the major auto companies in the world, the company has received at least 10 proposals from various overseas companies located in the US and Europe including the UK, Ruia said. The turnover of the group as a whole was Rs.15 billion last fiscal. In the current fiscal it is expected to touch Rs.20 billion. http://www.thaindian.com/newsportal/..._10072124.html |
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#64 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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Quote:
Me and my friends would agree that our towns and cities dotting the hills are beautiful from far off, but once you enter them, there is nothing beautiful about them. There is no sense of urban planning. Demolition drives and other measures are taking place now, and I hope things will get a little better soon. I have nothing good to speak of Kohima and Dimapur when it comes to cleanliness, but the third largest town in the state, Mokokchung, is quite clean. Gangtok is very clean. My friend who lives there said that garbage trailers would routinely visit the colonies everyday. Aizawl is pretty clean too, but the city is very congested. Water supply is a problem again, not because there is lack of water resources, but because of lack of proper infrastructure. |
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#65 |
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resU deretsigeR
Join Date: Dec 2007
Location: London
Posts: 2,596
Likes (Received): 0
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interesting. so did you see a lot of development work happening around the city this time around or is it quite minimal?
__________________
I don't believe it. Prove it to me and I still won't believe it. - Douglas Adams |
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#66 |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
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Well, every time I pay my annual visit, I see one thing or the other has changed for good. There is development but it needs to be at a faster pace. But maybe my state is the worst performing of all the NE states I think the Central government is doing its part in developing the region, maybe it can do more, but I would blame the local authorities, they need to be more effective. In Nagaland, about 90% of the land is privately own, so, every time the government tries to widen roads or build office complexes etc., it will face opposition from the land owners. The demolition drive going on in Dimapur is also faced with stiff opposition, but the chairman of the municipal council is strong and it is going quite well.
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#67 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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Tripura to produce high quality rubber wood products
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#68 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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India’s first bulletproof train chugs out of Lumding
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#69 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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Tripura seeks more investment in tea sector
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#70 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
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Global certification to boost export of spices from Northeast
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#71 | |
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resU deretsigeR
Join Date: Dec 2007
Location: London
Posts: 2,596
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interesting name for a radio station!
Netherlands public broadcaster ties up with Radio Misty Quote:
__________________
I don't believe it. Prove it to me and I still won't believe it. - Douglas Adams |
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#72 | |
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Registered User
Join Date: Jul 2007
Location: Backroads
Posts: 4,241
Likes (Received): 18
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#73 | |
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resU deretsigeR
Join Date: Dec 2007
Location: London
Posts: 2,596
Likes (Received): 0
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Sikkim govt to review decision to scrap hydel projects Quote:
__________________
I don't believe it. Prove it to me and I still won't believe it. - Douglas Adams |
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#74 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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ONGC scales up gas production in Tripura
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#75 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
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Powergrid forms JV for Teesta power project
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#76 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
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Seven sisters, Sikkim to get ADB loan for infrastructure
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#77 | |
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resU deretsigeR
Join Date: Dec 2007
Location: London
Posts: 2,596
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Factional clashes take toll on N-E business hub Quote:
__________________
I don't believe it. Prove it to me and I still won't believe it. - Douglas Adams |
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#78 |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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I'm as pissed with these factions as I am with the terrorists ![]() The reason why they are fighting in the city is solely for personal gains, it is because of the abhorrence the leaders of these groups have towards each other. Being the commercial capital of the state, Dimapur is the largest source of revenue for all these groups. Traders begrudge almost all their earnings to extortion and illegal taxes leaving them bankrupt and worse off. No wonder, people are leaving. I wish they just take their vengeance or whatever to the forests away from civilization and be thoroughly purged.
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#79 | |
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sitz, it is.
Join Date: Feb 2008
Location: New Delhi
Posts: 1,888
Likes (Received): 0
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Northeastern states join hands on power front
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#80 | |
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Registered User
Join Date: Aug 2004
Location: DED, LKO, PHL
Posts: 4,494
Likes (Received): 1
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North-East's first NIFT centre takes off
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