User: subbu Topic: Land Issues
Category: SEZs by State :: Maharashtra
Last updated: Jul 22 2017 23:50 IST RSS 2.0
 
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Britannia churns aggressive capex plan 22.7.2017 Deccan Herald - Business
Biscuit maker Britannia Industries will look to spend Rs 350 crore on capital expenditure in 2017-18, a growth of 35% over the previous year, to grow its business. The company, which makes a wide range of biscuits and cookies among other products, is looking at creating more manufacturing capacities at Guwahati in Assam, Ranjangaon in Maharashtra and Mundra SEZ in Gujarat during 2017-18. Britannias investment in R&D (including a new R&D centre commissioned in FY17), is paying off handsomely both in terms of new product launches and potential entry into adjacencies, quoting the companys annual report, Motilal Oswal Securities Ltd, an investment advisory firm said. Distribution expansion has been massive, with its direct reach doubling over the past three years (overall reach of 4.7 million outlets at end-FY17, including 0.7 million outlets added over the past year). Britannia added eight new lines at five of its plants across south and west India in FY17. The biscuit maker is banking on low per capita ...
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Britannia Industries eyes more exports, plans greenfield units 17.7.2017 Hindu: Business
Geopolitical situation, economic slowdown spur move
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SEZ approvals to be cancelled if extension not sought after validity expiry 12.7.2017 All Economy & Policy Stories
The state governments in question have also been asked to recover duty exemptions from the SEZs
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Reliance aerospace park gets approval 10.7.2017 Deccan Herald - News
The decks have been cleared for the setting up of Reliance aerospace park at Mihan in Nagpur. The board of approval for the Special Economic Zone (SEZ) under the Union Ministry of Commerce, last week, okayed the Reliance Aerostructure Ltd's proposed Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services. The board was headed by Union Commerce Secretary Rita Teotia. The aerospace park will be home to the joint venture company set up by Reliance and French major Dassault Aviation to execute the Rs 30,000- crore offset programme linked to the sale of 36 Rafale fighter jets to the Indian Air Force. The first of the Rafale jets is expected to be inducted by 2019. In the first phase, the Mihan park will be built on a 104-acre land, while the second phase will cover an additional area of 185 acres, a company official said. The park with a proposed investment of Rs 6,500 crore is expected to generate more than 10,000 highly skilled jobs. It will also be home to the facilities of ...
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Centre clears decks for Dhirubhai Ambani Aerospace Park at Mihan 10.7.2017 All Current Affairs Stories
Business at the aerospace park is expected to exceed Rs 200,000 crore over the next 30 years
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Decks cleared for Dhirubhai Ambani Aerospace Park at Mihan 10.7.2017 All News-IANS Stories
The Board of Approval (BoA) for special economic zone (SEZ) under the Ministry of Commerce has approved the Reliance Aerostructure proposal for the development of the Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services at Mihan SEZ (Nagpur), an official statement said here on Monday.
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Decks cleared for Dhirubhai Ambani Aerospace Park at Mihan 10.7.2017 ET: Infrastructure
With the BoA nod, the Dhirubhai Ambani Aerospace Park (DAAP) at Mihan, spread over 289 acres, will become the largest greenfield aerospace park in the country.
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Struggling to get answers to your GST queries? Here is your 100-point guide 1.7.2017 ET: Policy
These questions cover various aspects such as registration, refund, supply, input tax credit, composition scheme, transition, invoice, exports and state GST.
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GST 30.6.2017 TOI: All Headlines
GST
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NSPCL to make bond market debut, asks bankers for underwriting bids 23.6.2017 All Companies Stories
To raise Rs 1.5k cr; 1st tranche would be for Rs 250 cr with green shoe option of another Rs 250 cr
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Reliance Defence forms JV with Thales for IAF's Rafale jet production 21.6.2017 All Companies Stories
French defence firm Thales, supplier of radar and electronic warfare, display systems, software, communication solution to Rafale jet fighters set up a joint venture with Anil Ambani's Reliance Defence Ltd to integrate India-specific capabilities for 36 Rafale jet fighters and maintain radars and manufacture high performance airborne electronicsThe Indian government signed a contract to purchase 36 Rafale fighter jets in fly-away condition for Indian Air Force in last September for $8.8 billion. The JV will also serve to leverage Dassault's offset commitment as part of the deal for the supply of 36 Rafale fighter aircraft to IAF. The Rafale deal with French aerospace major Dassault had an agreement of 50 per cent offset clause which means that Indian companies, will get businesses of around 74 percent in goods and supply. The company in which Reliance Defence will hold 51 percent stake will develop the technology at their facility at Mihan Special Economic Zone near Nagpur.Anil ...
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Reliance Defence, France's Thales to form JV for military hardware 21.6.2017 News
Reliance Defence will hold 51% stake in the JV, Thales will have the remaining 49% equity
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As Modi rises, so does yoga tycoon Baba Ramdev and his Patanjali empire 24.5.2017 All Economy & Policy Stories
It is a partnership that reveals the inner workings of influence and money in Modi's India
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Foxconn will have to export 51% of production at JNPT’s SEZ 19.5.2017 HBL: Info-tech
The Taiwanese electronics giant Foxconn, which is seeking about 14 acres of in a special economic zone (SEZ) inside the Jawaharlal Nehru Port for a manufacturing facility, will have to export a minimu...
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Foxconn seeks 13-acre land in JNPT 16.5.2017 Deccan Herald - Business
Union Road Transport and Shipping Minister Nitin Gadkari on Tuesday said Taiwan-based IT major Foxconn has sought 13 acre land at Jawaharlal Nehru Port Trust's special economic zone (SEZ).

"Foxconn has sought a land parcel of 13 acres in special economic zone in JNPT, and I have spoken to Maharashtra Chief Minister about the project," Gadkari told the media here. However, he said he is not having much details of the company's proposal.

Foxconn Technology Group is one of the world's largest electronic manufacturing contractors, headquartered in New Taipei City, Taiwan. It is the third largest information technology Company by revenue. The contract manufacturer makes products for global device brands like Apple, BlackBerry, Amazon, Motorola, Xiaomi, and Sony and has large number of its factories in China.

The Ministry of Shipping is promoting coastal led development plan where it allow the companies to set up a manufacturing hub.
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Mobile maker Foxconn seeks 14 acres for manufacturing unit at JNPT SEZ 16.5.2017 Business Standard: Companies & Industry
The unit may be set up at an investment of $20-30 million
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Foxconn seeks 13 acre land at Jawaharlal Nehru Port Trust's special economic zone: Nitin Gadkari 16.5.2017 ET: Infrastructure
The contract manufacturer makes products for global device brands like Apple, BlackBerry, Amazon, Motorola, Xiaomi and Sony and has bulk of its factories in China.
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7,000 of 1 lakh IT jobs assured: Lokesh 4.5.2017 Hindu: News
Fought with TN, Gujarat, Maharashtra and others to get Kia Motors, he says
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Xander strikes two realty deals worth Rs 3,000 crore 3.5.2017 Latest News
Private equity group Xander group has signed two mega property deals in the country worth Rs 3000 crore.The first deal is where it bought a special economic zone in Chennai and second one pertains to a mall acquisition in Chandigarh.In one of the largest private equity deals in real estate in recent years, it has bought a operational special economic zone in Chennai for Rs 2290 crore from Shriram Properties.The deal involves buying 100 per cent stake in Gateway SEZ for Rs 1250 crore and Rs 1040 crore investmnt in the project, Xander said.The deal involves 1.7 million sq ft of occupied and operational SEZ and a partnership with Shriram to deliver the under construction of 1.9 million sq ft.Shriram will continue to develop and own residential and retail components comprising 2.6 million sq ft while Xander will have the ability to develop an additional 1million sq ft, it said.Last year , Canada based Brookfield bought 5 million sq ft of commercial properties of Hiranandani group for $ 1 .
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Xander Group inks two mega realty deals worth Rs 3,000 cr 2.5.2017 Business Standard: Companies & Industry
Private equity group Xander group has signed two mega property deals in the country worth Rs 3000 crore.The first deal is where it bought a special economic zone in Chennai and second one pertains to a mall acquisition in Chandigarh.In one of the largest private equity deals in real estate in recent years, it has bought a operational special economic zone in Chennai for Rs 2290 crore from Shriram Properties.The deal involves buying 100 per cent stake in Gateway SEZ for Rs 1250 crore and Rs 1040 crore investmnt in the project, Xander said.The deal involves 1.7 million sq ft of occupied and operational SEZ and a partnership with Shriram to deliver the under construction of 1.9 million sq ft.Shriram will continue to develop and own residential and retail components comprising 2.6 million sq ft while Xander will have the ability to develop an additional 1million sq ft, it said.Last year , Canada based Brookfield bought 5 million sq ft of commercial properties of Hiranandani group for $ 1 .
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