Apollo Tyres to set up Rs 520-cr plant near Chennai

Our Bureau

Enters pact with TN Govt; project to generate employment for 2,000 people

KANCHEEPURAM: Tamil Nadu is all set to reap the benefits of the Dravida Munnetra Kazhagam's efforts to it an industry-friendly destination, Rural Industries and Local Administration Minister M.K. Stalin said on Wednesday.

Declaring open an assembly unit of Komatsu India Private Limited at the SIPCOT Industrial Estate at Oragadam near Chennai. Kancheepuram district would soon become a major automobile industrial belt.

Consul-General of Japan Yoshiaki Kodaki said India was the second most desirable destination for Japanese companies. Tamil Nadu was the most sought-after destination in view of its industry-friendly environment.

Industries Secretary Shaktikantha Das said more major automobile industries would be coming up at Oragadam. President and chief executive officer, KIPL, M. Sakane, said the industry-friendly environment and easy access to foreign destinations by air and sea from Chennai attracted the company to invest around Rs.75 crore in setting up its unit at Oragadam.

Momentive plans unit near Chennai

Staff Correspondent

CHENNAI: Momentive Performance Materials Inc. (formerly GE Bayer Silicones), a leading producer of specialty materials, plans a greenfield investment of $20 million to set up a state-of-the-art manufacturing facility and a world-class technology centre for application development in Chennai.

The facility that will be located at SIPCOT Oragadam Industrial Growth Centre in Sriperumbudur near Chennai will triple the silicone production capacity of the company.

Addressing a press conference here on Tuesday, Ian Moore, President and Chief Executive Officer of Momentive for Europe, Middle East, Africa and India, said the new manufacturing facility was slated to go operational in 2008.

Sanmina-SCI, $11-billion US-based provider of electronic manufacturing services (EMS), will invest Rs 225 crore at Oragadam, near Chennai, to set up its largest manufacturing technology campus.

HIGHWAYS DEPARTMENT

8.3. Road Infrastructure Development in Oragadam Industrial Park
The Government announced during last year a distinguished expressway is to be developed in the state. Industrial parks, Special economic zones, IT parks and integrated Townships will be located along the Expressway which will connect Airports and Ports. As a part of this mega project, infrastructure development plan for Oragadam industrial park is being
prepared.

Under this scheme, as an industrial park and industries are being developed in Oragadam area in between the NH4 and NH45, the Government have sanctioned the scheme for widening and strengthening the following roads at a cost of Rs.300 crores to develop the road infrastructure in the area:

a) Singaperumalkoil – Sriperumbudur road
(Km 0/0-24/6) : 24.60 Km

b) Vandalur – Walajabad road
(Km 30/4-63/8) : 33.40 Km

Total : 58.00 Km

The details of the works are given below:

Detailed Project Reports are being prepared through consultants for widening Singaperumalkoil-Sriperumbudur road and Vandalur-Walajabad road, and the 12.6 Km stretch of road from Singaperumkoil to Oragadam junction connecting NH 45 and NH4, to four lane and widening of 12 Km stretch from Oragadam to Sriperumbudur to six lane and widening of 20 Km stretch in Vandalur-Walajabad road from Vandalur to Oragadam to four lane, and
Strengthening 13.4 Km length of two lane stretch from Oragadam to Walajabad and construction of over bridge at Oragadam junction.On receipt of Detailed Project Reports, action will be taken to acquire lands through Revenue Department. The Government have sanctioned Rs.56 crores for meeting land acquisition cost and after finalization of land acquisition proceedings,the road works will be taken up for execution in the current year. A provision of Rs. 20 crores has been made in the
current year for road works.

Chennai Feb. 26 Mahindra & Mahindra, Renault and Nissan today announced a joint venture to produce cars at a new plant near Chennai, at an investment of Rs 4,000 crore.

The plant, which will produce models for all the three partners, will have a capacity to produce 400,000 cars and utility vehicles, as well as power train for Renault and Nissan, officials of the joint venture said at a press conference here today.

Phase I capacity

The plant is to come up on a 1,100-acre land at Oragadam, south of Chennai, (not far from the Hyundai car plant) and Phase I with a capacity of 4,00,000 vehicles will be commissioned by the second half of 2009, officials said.

A State Government press release said that the project would also involve manufacture of 50,000 tractors.

Rs 11,000-cr investments planned near Chennai

Investments to be made in the Sriperumbudur-Oragadam region, near Chennai, within the next couple of years.

About one lakh jobs are likely to be created.

Our Bureau

Chennai, July 23 Investments of about Rs 9,000 crore, that will lead to creation of over one lakh jobs, are expected to be made in the Sriperumbudur-Oragadam region, near Chennai, within the next couple of years.

These investments will come from the vendors of Nokia (Rs 3,300 crore) and Flextronics (Rs 2,500 crore) and commitments from industries in the two Special Economic Zones promoted by the State Government, viz., SIPCOT Sriperumbudur Hi-Tech SEZ (Rs 1,976 crore) and SIPCOT Oragadam Hi-Tech SEZ (Rs 1,300 crore). This is in addition to the Rs 650-crore investment of Nokia, Rs 450-crore of Flextronics and Rs 270 crore of Dell.

Electronic goods export zone to be set up at Oragadam
Tuesday, May 08 2007 17:37 (IST)  

Chennai, May 8 (UNI) The Tamil Nadu Government will set up a new electronic goods export zone at the hi-tech Special Economic Zone at Oragadam, near here, Chief Minister M Karunanidhi told the State Assembly today.

Replying to the demand for grants for Industries department, he said the new export zone, to come up in a 285-acre area, would attract an initial investment of Rs 1,300 crore and offer direct job opportunities to 23,000 people. The Government had decided to set up the new export zone as several companies had come forward to start industries in the State, he added.

Mr Karunanidhi said the export zone would be set up at the hi-tech SEZ, in which SIPCOT had allotted a total area of 351.85 acres to global companies like Dell Computers, Samsung, Motorola, Foxconn and TAPP Semiconductors Limited to set up their manufacturing facilities.