Pune investment & industrial development

[adam_india]

DSK Motowheels picks land near Pune for assembly line

Super-bike retailer DSK Motowheels is planning a new manufacturing facility near Pune.

The company has identified 100 acres at Shalgaon, 200 km from Pune. Construction of the Rs 300-350-crore project is expected to start in three to four months and the plant will start assembling bikes in 10 months, said Shirish Kulkarni, Managing Director, at the launch of the company’s 25th retail showroom in the country.

Pune-based DSK Motowheels, part of the diversified Rs 5,000-crore DSK group, holds the exclusive rights to assemble and distribute the Korean brand of super bikes (Hyosung) in India.

DSK acquired the super-bike business from Garware Motors in June last year. Since then, it has sold 1,200 bikes, clocking Rs 42 crore. DSK also acquired Garware’s assembling facility in Wai near Pune. This facility assembles around 250 bikes a month (10 bikes in a shift).

After the Shalgaon facility begins operations, DSK plans to convert the Wai facility into a warehouse. The new facility is expected to assemble 18 bikes a shift. Exports could be looked into in the future.

At present, most components are imported from South Korea, through S&T Motors, which owns the Hyosung brand. Over a period of time, DSK expects to get into full-fledged manufacturing and sourcing components locally.

Whether the Korean company S&T Motors will look at investing in the Indian venture, Kulkarni said this is unlikely to happen now.

The Hyosung range in India includes sports and cruiser bikes in the 250-700 cc range, priced Rs 2.8 -Rs 5.8 lakh. DSK is looking at introducing commuter bikes in the 125-150 cc range next year or in 2015.

Super-bikes are high-performance motorcycles used for adventure riding, not daily commuting. This segment is growing at 25 per cent year-on-year. The major players are Harley-Davidson, Honda and Yamaha.

http://www.thehindubusinessline.com/...cle4651050.ece

[adam_india]

Viability study of industrial corridor soon

British high commissioner to India James Bevan has said that British and Indian authorities are likely to finalise the terms of references for a joint feasibility study of the proposed 1,000-km Mumbai-Bangalore industrial corridor project in the next two months.
The project is being increasingly talked about after UK Prime Minister David Camerons visit to India two months ago.I have myself had discussions with the Maharashtra chief minister and the authorities in Bangalore.We are seeking certain details to draw the terms of references and I hope the exercise will be completed in two months, he told reporters here on Wednesday.
Prior to the media briefing,Bevan inaugurated British firm Helical auto technologys new plant at Pirangut on the outskirts of the city and met top industrialists.British deputy high commissioner in Mumbai Peter Beckhingam was also present.
At the moment,the Mumbai-Bangalore corridor project appears to be a very attractive vision and we are very much interested in the project.We want the project to develop not just as an industrial corridor but as a thriving economic corridor, he added.
The British government has expressed its willingness to co-fund a feasibility study on a match-funding basis with the Indian government,costing up to one million pounds.The first phase of the ambitious project envisages large investments in physical infrastructure like transport networks,telecommunications and power.Subsequently,the focus will be on developing social infrastructure.
Bevan said,The UK government is keen on strengthening ties with India in the areas of trade and investment,health and education and people-to-people contact.We are delighted to see more and more UK companies encouraging investments in cities like Pune.We would also like to see Pune companies invest in the UK.
On the tougher visa norms that came into operation from April 1 last year,Bevan conceded that the number of students going to UK for higher studies has dropped significantly from 30,000 in 2011 to 20,000 in 2012.A part of this drop is due to the myth creation about growing difficulties in pursuing higher studies in the UK, he said.
There has been a reduction in the number of Indian students in the UK,but there is an increase in the number of quality applications, he said,adding,We want to reverse the drop.
Bevan said,While we have adjusted our visa norms,there is no limit on Indian students going to the UK for higher studies.Eight out of every 10 applicants get a visa and genuine students are welcome in the UK, he added.
He said,There is a clear message in the changes after April 2012 with regards to post-study work in the UK.The norms provide that students can work for three years,provided they secure a graduate-level job with a minimum salary of 20,000 pound per month.There is also a provision for another three-year extension of stay for such students.
Bevan said,There are growing links between Indian and UK universities and many UK universities are keen on establishing their campuses in India.For instance,the University of Northampton is negotiating with an institution in Lavasa to set up a campus,which may come through in a year.

TOI

[adam_india]

Leoni: Neues Indien-Werk geht an den Start

Der Kabelhersteller Leoni eröffnet sein neues Werk bei Pune in Indien. Von hier sollen Kunden aus verschiedenen Branchen mit Kabeln und Kabelsystemen beliefert werden, teilt das Unternehmen am Montag mit. Konzernchef Klaus Probst sieht „attraktive mittel- und langfristige Wachstumsperspektiven für mehrere unserer industriellen Zielmärkte“. Im Fokus dürfte Leoni dabei vor allem die wachstumsstarke indische Autoindustrie haben, die in der Region um Pune stark vertreten ist. Bis Jahresende will man 140 Mitarbeiter beschäftigen und 11 Millionen Euro für Anlagen sowie die Ausrüstung des Werkes investieren.

Summary:
German cable manufacturer opens plant in Pune. It will employ 140 people with an investment of 11 million Euros.
http://www.4investors.de/php_fe/inde...stock&ID=68714

[adam_india]

Samson Controls setting up 2nd plant near Pune

Samson Controls Pvt Ltd, a wholly owned subsidiary of Germany-based Samson AG, is setting up its second plant in the country at Ranjangoan near Pune.

The new facility, in which the company will invest around €10 million, comes a year after the opening of its new office at Magarpatta City.

This will increase the company’s installed capacity, currently 10,000 control valves per year, by 40 per cent over the next three years, Atul Raje, MD, Samson Controls, said.

“The second production facility is a part of our expansion plan and will help us participate in the growing domestic market,” Raje said.

New investments are under implementation to introduce new product portfolios from Samson Germany to India, he added.

In India, Samson makes products such as globe control valves, conventional positioners, self-operated pressure and temperature regulators.

http://www.thehindubusinessline.com/...cle4698873.ece

[adam_india]

Pune is emerging as a magnet for R&D work

BANGALORE: Pune has surpassed Bangalore as a hub for high-end engineering design and product development work done out of MNC firms' R&D outposts.

Some 12% of product teams based in Pune are doing high-value product development work compared to 8% in Bangalore, said IT advisory firm Zinnov in its Maturity Benchamarking Study that surveyed 220 product teams across 30 MNC R&D firms in the country.

Product teams based out of Pune no longer play second fiddle to their global teams, supporting them with coding, testing and quality assurance. They have moved up the maturity curve managing the product pipeline, customer interface and channel partnerships. This has resulted in greater mindshare at the headquarters and hence, they are able to drive high-value work from India. With over 350 MNC R&D centres, Bangalore remains a hotbed of activity in the country. But Pune has emerged as an attractive destination for product development leveraging on its skilled workforce in executing product design and engineering capabilities.

"R&D centres set up in the last 3-5 years have brought products at higher maturity as they see India as a destination for core product development. Bangalore had a headstart in engineering support while Pune has leveraged on its talent pool to recalibrate its strengths towards product capabilities early on," said Preeti Anand, engagement manager in Zinnov. Currently, Pune has over 110 MNC R&D centres employing 24,000 people.

Shantanu Ghosh, MD of Indian product operations in software security firm Symantec, said Pune had the positives of Bangalore in terms of the ecosystems and talent pool. "But there is a shift in the mindset to component ownership rather than offering support R&D services," he added.

Take medical devices manufacturer Varian Medical Systems for instance. It entered India through the acquisition of Pune-based Cedera in 2007, to initially provide customer support to its global centres in Palo Alto, Helsinki and Switzerland. It later went on do complex work like asset tracking for software application and remote deployment of software for managing cancer clinics, radiotherapy centers, and medical oncology practices. It also provides tubes and digital detectors for X-ray imaging used in medical, scientific, and industrial applications. "Each R&D team has a mission statement and value proposition in areas like business intelligence, technology and infrastructure connectivity," said Niraj Kumar, engineering manager in Varian.

In the recent past, a lot of companies have set up their R&D centres in Pune. Nasdaq-listed product company PTC's R&D centre in Pune contributes to its core product development. Software firm Pitney Bowes opened a second R&D centre in the country in Pune to do work on its digital mailbox solution Volly. Global manufacturing & technology company Emerson set up its export engineering center in the city for software design. Other firms like Allscripts, Faurecia, Tomtom, Fiat and Fairchild Semiconductor too have flocked to the city recently.

TOI

[adam_india]

PCMC general body gives approval for five projects

The general body of Pimpri Chinchwad Municipal Corporation gave administrative approval for five projects having a total expenditure of Rs 459.83 crore that are to be implemented under Jawaharlal Nehru National Urban Renewal Mission(JNNURM).

Pimpri Chinchwad mayor Mohini Lande approved the resolution at the meeting held on Thursday. The projects to be implemented are water supply scheme for Tathawade village having expenditure of Rs 65.35 crore, Intelligient Transport Management System for Bus Rapid Transit System(BRTS) having expenditure of Rs 49.71 crore, BRTS bus stations costing Rs 33.65 crore, Sewage system for newly merged areas costing Rs 97.37 crore and 24x7 water supply for Pimpri Chinchwad with an expenditure of Rs 213.75 crore.

The union government will bear 50% percent of the expenditure; state government will bear 20% while the civic body will contribute 30% of the expenditure.

Giving more details, Neelkanth Poman, computer officer said, "These projects were approved at a meeting of the state level scrutiny committee(SLSC) for JNNURM scheme that was held under the chairmanship of chief minister Prithviraj Chavan on March 23. The proposal to seek approval for these projects was sent to the union government on March 26. We expect them to be approved by the union government soon."

TOI

[adam_india]

RS 700-cr Tetra Pak factory in Pune

Tetra Pak, leading global food processing and packaging solutions company, has opened its latest world-class factory at Chakan, near Pune. The Rs 700-crore plant is designed to meet growing demand for processing and packaging solutions across India, South and South-East Asia and West Asia.
Spread over 45 acres, the new Tetra Pak plant employs advanced packaging material production technologies and equipment. Among various other facilities, the new plant will have a straw production unit, a processing systems workshop, a filling machine renovation and a technical training academy. The localisation of these processes will greatly increase responsiveness to market demands, the company said in a statement.
It will also house a product development and innovation centre.

http://www.thestatesman.net/index.ph...59787&catid=40

[adam_india]

Great Wall Motors to build new manufacturing plant in India

Chinese sport utility vehicle (SUV) maker Great Wall Motors (GWM) is planning to invest INR16.76bn ($288m) to build a new production plant at Pune in the Indian state of Maharashtra.

Claimed to be the automaker's first plant in India, the new facility is expected to commence serial production by 2016.

A person with direct knowledge about the development was cited by The Economic Times as saying that GWM has also considered Chinese government-owned Beiqi Foton Motor Company's decision to set up its commercial vehicles facility at Khed near Pune.

"The proximity factor is expected to help both the companies achieve back-end synergies," the person said.

Prior to finalizing Pune as the suitable location for the new plant, the firm earlier considered locations in other Indian states including Gujarat and Tamil Nadu.

Additionally, GWM's first model to be launched in the country under the Chinese brand will be its Haval H5 SUV, which will be unveiled along with a few other models in the upcoming 2014 Auto Expo to be held in New Delhi during February.

http://manufacturing.automotive-busi...n-india-110613

[cncity]

The Rs.1,000-crore Pune plant of GE would be operational by mid-2014, company President and CEO (South Asia) Banmali Agrawala said here on Friday.

Speaking on the sidelines of an event here, he said theplant was designed to manufacture components for theaviation sector as well as wind and other power generation turbines.

On new products in the domestic market, he said, “We have products in the healthcare segment, which have already hit the market.

“These are super-value products, which are made for Indian and global markets.”

He said India had an edge in intellectual capital. GE was more focused on tapping this hidden talent of employees, mostly from Asian countries.

“We are provoking such employees to bring out ideas. They may not be good at language, but very good at ideas. We are putting special attention to extract these ideas,” Mr. Banmali said.

Employee strength

Of its total strength of 8,000 employees in India, the Bangalore facility has 6,000 persons and the Hyderabad facility 2,000 persons.

http://www.thehindu.com/business/Ind...cle5330463.ece

[cncity]

niversal Construction Machinery and Equipment, the construction equipment manufacturer is setting up R&D Centre in Pune with a total investment of Rs 6 crore to develop new products and focusing on exports to beat slowdown in the Indian market.

“We are investing a total of Rs 6 crore in our research and development centre in Pune to develop new products and localizing products for international markets,” Ranjit More, vice chairman at Universal group, told Financial Chronicle.

The Pune-based company has about 50 products in its portfolio with four verticals catering to mechanization, concreting, material handling and processes. It has two manufacturing units in Pune and Satara in Maharashtra and one in Rudrapur in Uttaranchal. More said the company had recently installed seven robots at its Pune facility to maintain consistent quality, accuracy and increase production by nearly fivefold.

“The R&D Centre will come out with at least five new products from next year annually to compete in the international markets,” More said. Its initial team includes 22 engineers and 8 technicians, he said, adding that the talent pool will be expanded in phases.

More said the new product development would initially concentrate on concreting equipments and passenger material lifts. He said the concreting equipment market in India is estimated at Rs 2,500 crore out of which Rs 500 crore comes from small and mid size machineries.

“Since our products are sold in nearly forty countries in Africa, West Asia and SAARC, we are concentrating on localizing our products to suit that particular market,” More said. He said the R&D Centre would develop more technologically advanced and user friendly products for its international clients. The company has an international distribution tie up with Tata International.

More said in the first half year, the construction equipment industry declined by 20-30 per cent while it was flat growth last year. “We are looking at increasing our export business to make up for the de-growth in the domestic market,” he said. More said over 15 per cent of the total revenues of Rs 250 crore last fiscal came from exports and it was targeting to doubling that business over the next two years.

“Besides developing new product range, the R&D Centre will also upgrade existing products range to improve its efficiency, fuel economy, energy consumption and performance to increasing the overall output of the products,” More said. He said improving manufacturing processes would include improving and streamlining process layout, machine orientation, material movement and machine shop and thereby improving the entire value engineering.

[henchman]

http://www.dnaindia.com/money/report...o-zone-1927191

27 Japan firms evince interest in Pune auto zone
Saturday, Nov 30, 2013, 12:51 IST | Place: Pune | Agency: DNA
DNA Correspondent


Pune has always been a hotbed for not just industrial development, but for automotive companies in particular.

With some of the biggest names in the business like Tata Motors, Volkswagen, Bajaj Auto, Mercedes-Benz, General Motors, Fiat, etc based in and around the Peshwa city, it opens up a lot of avenues for small and medium auto component businesses -- which up until now has remained elusive for Japanese companies.

The Japan External Trade Organisation (JETRO) aims to bridge exactly that gap and has undertaken a major initiative to boost bilateral trade and investment between India and Japan with a dedicated emphasis on Maharashtra. JETRO is the official promotion body for trade and investment with Japan and has 73 offices all around the world, including a network in India spanning four cities — New Delhi, Mumbai, Chennai and Bangalore.

JETRO’s activities in India have been on the rise in recent times, with the number of Japanese companies in the country having risen to 926 in October 2012 from 267 in January 2006. The trade body’s brief in the country has been predominantly not only to offer advice to companies looking to set up shop in India through their Business Support Centres, but to identify and recommend industrial land for new set-ups. A direct result of this has been an MoU signed in April between JETRO and MIDC to set up an area exclusive for Japanese manufacturers. The prime candidate for this dedicated Japanese zone should be at the Supa MIDC industrial estate near Ahmednagar though the exact details of the set-up are yet to be announced. Land acquisition for the expansion of the industrial premises is under way and 500 hectares are said to be allotted to JETRO for the initiative.

JETRO’s contribution to the scheme of things is to invite Japanese manufacturers to Pune to either set up their own businesses or tie up with Indian companies and provide investment. Further to this objective, JETRO organised the Business Matching for Market Development of Auto Parts 2013 in Pune, where the participants included 8 from Japan, 14 from India and 3 from Thailand.

Speaking on the occasion, Takehiko Furukawa, director general, JETRO Mumbai, said: “Japanese companies are noticing huge business opportunities in Pune, and the flourishing automobile industry in this region provides a major investment opportunity for Japanese auto component manufacturers in the proposed industrial zone.” At the moment, some 27 companies have already shown interest in the dedicated Japanese zone and more are coming in. The arrangement works in everyone’s favour — while participating Japanese companies will get a piece of the auto components pie in the region, it will not only generate more opportunities for Tier 2 and 3 suppliers and enable them to further develop on a strong base of advanced technology in manufacturing, but also empower OEMs with better quality components.

[cncity]

PUNE: Eight business clusters are likely to come up in Pune region to help micro, small and medium enterprises get better facilities and infrastructure to expand their businesses.

The proposed clusters are for various fields, with prominent sectors including engineering, auto engineering, food processing and printing. There is also a proposal for a 'women's cluster'.

Officials at the district industries centre (DIC) of Pune said the formation of clusters will boost small and medium enterprises around Pune, helping entrepreneurs increase the quality of their products, services and meet export standards.

"Clusters would strengthen small-scale industries and help them produce export-quality products with high standards," S S Suravase, general manager of DIC Pune said.

The clusters are proposed for urban and rural areas. Three clusters in the engineering and auto engineering sector have already received administrative approval from the government. The food processing cluster proposal was recently sent to the government for further approval, officials said.

An auto engineering cluster proposed for Pune is expected to have the participation of about 600 micro and small units, while a similar cluster for Baramati is likely to have the participation of 450 units. A 'women's cluster', which will fall under the engineering category, has received registrations for 70 units so far. A cluster related to the printing industry has been proposed in the Ambegaon-Khed area - about 80km from Pune city. A cluster has also been proposed for ex-servicemen near Pune.

Officials said the Pune district has a significant number of micro, small and medium enterprises. Of the total such enterprises listed in the state, about 10% are located in Pune.

http://timesofindia.indiatimes.com/c...w/26758634.cms

[cncity]

The Japan External Trade Organization, JETRO, an official promotion body for trade and investment has undertaken initiative to boost bilateral trade and investment between India and Japan.

In order to promote Maharashtra as a major investment destination, JETRO Mumbai signed a memorandum of understanding (MoU) with Maharashtra Industrial Development Corporation (MIDC), supporting them to develop the new industrial zone in Pune exclusively for Japanese manufactures.

The park will come up on 1,200 acres at the Supa Parner industrial estate in Ahmednagar, around 75 km from Pune. According to MIDC officials, around 27 companies have shown interest in establishing a base near Pune, and a special cell will be set up to process and expedite the applications.

http://www.business-standard.com/art...0201510_1.html

[cncity]

The Sweden-based global industrial group Sandvik is setting up an R&D centre in Pune and has concluded land acquisition in Chakan for building a new multi-nodal facility which is a part of its emerging markets strategy.

“The new R&D Centre will complement and support existing R&D units locally and globally, focusing on material and process engineering for its present and future business. We are initially especially interested in computational simulation competence, where we already have a good team in Pune,” Parag Satpute, Managing Director, Sandvik Asia, said.

The R&D centre is expected to begin operations two years from now, and Sandvik plans to ramp up the team to nearly 100 engineers and scientists in four years.

Elaborating on the new site at Chakan where the company has acquired 50 acres of land, Satpute said Sandvik would invest in a phased manner for its five business streams, all of which are already represented in India. “We plan to set up a multi-nodal facility at Chakan, and a blueprint for the site is being formalised,” he said.

Sandvik is now in its next phase of growth globally and as India is an important part of the group’s emerging markets strategy, it plans to ramp up its production and market penetration here. One of the key plans to support this growth ambition is to drive localisation, he added.

http://www.thehindubusinessline.com/...cle5780671.ece

[cncity]

It is said that India was the first country to end the state of war with Germany after the Second World War. And since then this relationship has only grown and strengthened over the years, making the two nations the strongest commercial, cultural and strategic allies of one another. Perhaps, that's what explains the celebrations behind the completion of 100 years, since German is being taught in India, this year.
Against the background of the same, dna speaks to a host of people regarding their association with the language and about the alliance between the two nations that has been developing with time.

Historical background of the alliance

German was first taught in India, in two of its most prestigious colleges -- first being Pune's very own Fergusson College and the second being St Xaviers' College. "Most people find it surprising to know that Fergusson College had German as an academic subject in those years, as 100 years ago the country was a British colony and teaching German then was an uncommon phenomenon, especially when the college in question is a part of the Deccan Education Society, which was one of the stalwarts in the Indian freedom struggle. On the contrary, St Xavier's did not arouse that much astonishment as it was started by German Jesuites," said Bernhard Steinruecke, director general, Indo-German Chamber of Commerce.
What most people don't know is that the genesis of Indo-German relationship dates back to exactly 300 years ago when Bartholomaus Zeigenbalg from Haale an der Saale, the first German linguist to visit India as a missionary explored and defined the languages of Tamil, Kannada, and Telegu. He later went back to Germany from his first stint in India and published the first bible in Tamil. And this is not all. Precisely150 years ago, another renowned German linguist Dr Hermann Gundert came to India and explored and defined the South Indian language, Malayalam.Well-known German philologist and orientalist Max Muller, who was a professor in Oxford, finalised his three-year lecture on the Science of Language at the Royal Institute of Great Britain in London and one of the integral chapters in it was about Sanskrit.

Initiatives being undertaken

Seeing the trajectory of the way the Indo-German relationship has evolved over the years, especially language-wise, this year is certainly very significant. "However, we are not only looking at the past alone but the future as well. In line with that, Max Muller along with the German foreign ministry, has started an initiative called the German Language at 1000 schools," stated Steinreucke.
Under this initiative, Max Muller along with the German foreign ministry have teamed up with 1,000 Kendriya Vidyalaya schools and other, what they call as, partner schools, to teach about one million students until 2017. They have another initiative, under which German teachers are sent to Indian schools to teach German.
Apart from this many corporates are also doing a lot. For instance, the Indo-German Chamber of Commerce has three vocational training centres in Mumbai, Chennai and in Bangalore, where they teach Indian graduates in line with the German system of dual education, out of which one part of the curriculum involves learning German. Besides, many German companies send their Indian staff members to Germany, and also enable them to learn the language.
Max Muller, as an educational institution alone, has been there for over 50 years in India and is teaching in all of its six institutes here -- Mumbai, Pune, Bangalore, Chennai, Kolkata and Delhi. Speaking about the growing demand for the German language, Shiv Prasad Joshi from the language department of Max Muller Bhavan said, "The demand for German language has definitely increased over the years and these numbers have been steadily increasing. In Pune alone, we had around 1200 registrations in the early 90s and last year this number gradually increased to 2900 registrations. In 2005-06, international examinations of Goethe Institute were introduced worldwide and in 2007, the German Embassy made it compulsory for the spouse of a foreign professional in Germany to know the language in order to be able to carry on their day to day life without any hindrance. Thus numbers kept rising. In 2012, we conducted 4900 exams and last year about 6800 exams were conducted in Pune, including the internal and external exams."

Celebrating 100 years

Completion of 100 years of German teaching is an occasion to celebrate for members of Max Mueller Bhavan. Wofgang Franz, director Goethe-Institute/ Mam Mueller and his team have organised various events and competitions throughout the year to commemorate the occasion. "We are conducting all activities that are associated with German teaching. For example, we organised rallies and competitions, showcased some documentaries and photos, and for each of these events, our colleagues have been and will be the jury members of the various competitions. We also have some amazing prizes in place. For example, the first prize winner will get the opportunity to go in for a four week course in the Goethe Institute in Germany with accommodation and flight tickets taken care of by MMB. Other prizes involve a free course in the Goethe Institute in Pune and an Ipod. In last week of February, we also had an orchestra come down to Bremen for its performances," Franz said, adding that a theatre and a short film festival will also be held that will portray the German culture in perfection.

http://www.dnaindia.com/pune/report-...n-pune-1969973

[cncity]

PUNE, MARCH 19:
Switzerland-based Baumer Group has set up an engineering, training and assembly operatons at Pune to manufacture electronic pressure sensors. Present in India since 2007, Baumer India also plans to begin sourcing of local components.

Oliver Vietze, CEO and Chairman, Baumer Group, said that the company had invested $25 million in its Indian operations. “In Pune we will ramp up our operations by investing $10 million over next two years and increase the headcount from 30 to over 100 people,” he said.

After electronic pressure sensors, the next phase of expansion would be manufacture of encoders and sensors, he said, adding that the production will also be used for exports at a later stage.

The Indian market for high technology products that Baumer offers is close Rs 400 crore and it has 15 per cent market share, Sunil Hasabnis, Managing Director, Baumer India, said.

Baumer has manufacturing locations across western Europe including two in Switzerland, six in Germany, one each in Denmark, Venezuela and France. In India it has another manufacturing unit at Vapi that specializes in process instrumentation. Around 20 per cent of the products from here are exported.

http://www.thehindubusinessline.com/...cle5804065.ece

[cncity]

Honeywell Automation India Ltd, a part of is part of US-based Honeywell Inc, has informed BSE that the company is setting up a new manufacturing facility at Phulgaon, Pune (Maharashtra). The company has said that it expects the new facility to be operational in 2014.

Honeywell Automation India is one of the leading providers of integrated automation and software solutions that improve productivity, enhance comfort and ensure safety and security of homes and business premises.

[Coolguyz]

Taken from latest Business India magazine

[IMG]http://i59.************/nyepow.jpg[/IMG]

[IMG]http://i62.************/kf62d2.jpg[/IMG]

[IMG]http://i58.************/wv25jb.jpg[/IMG]

[Coolguyz]

[IMG]http://i61.************/30uqntl.jpg[/IMG]

[IMG]http://i61.************/2ceqa79.jpg[/IMG]

[IMG]http://i57.************/1em0x0.jpg[/IMG]

[akbarsyed]

http://economictimes.indiatimes.com/...w/41589971.cms

A day after Japan announced investments to the tune of $35 billion in India, China has said that it would set up two industrial parks—one each in Maharashtra and Gujarat involving investments in excess of $5 billion.

China would invest $5 billion in the industrial park in Pune alone, which would focus on automobile manufacturing, in phases over the next decade.

The agreement on setting up industrial parks would be signed when Chinese President Xi Jinping visits India later this month, said the Chinese Consul-General in Mumbai, Liu Youfa.

While the Pune park would have an area of about 6 sq km, the park that would come up near Ahmedabad in Gujarat would encompass an area of around 10 sq km and would require investments in excess of $1 billion.

The Ahmedabad park would focus on power transmission and generation equipment manufacturing, Youfa, who was in the city to participate in a programme organized by the Southern India Mills' Association, said.

The first phase of the Pune park, which would be completed in three years, would see investments to the tune of $500 million, he said.

"It (the park) would be a smart city. It would have banks, hotels, schools, recreational centres and all facilities," Youfa said. The Pune park would ultimately employ 1 lakh persons and generate billions of dollars in revenues, he said. The park would have 15 companies and a bulk of the investments would come from Chinese firms, the Consul-General said.

China is seeking to prop up its investments in India, which remains paltry due to a host of issues. Direct investments by Chinese firms amounted to just $1 billion compared to around $4 billion invested by Indian companies in China, Youfa stated.

China has made investments to the tune of $750 billion across the world. "Excessive security (screening) has killed efforts to increase Chinese investments (into India). Your (Indian) government has been setting up tall barriers," he rued.