MahaConnect-GoM-MIDC Business Newsletter …oldsite.midcindia.org/MahaconnectArchive/March...

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M a h a r a s h t r a I n d u s t r i a l D e v e l o p m e n t C o r p o r a t i o n ( M I D C )M a h a r a s h t r a I n d u s t r i a l D e v e l o p m e n t C o r p o r a t i o n ( M I D C )

F r o m G o v e r n m e nt o f M a h a r a s h t r a - M I D C

23rd Issue

ChandrapurChandrapur-- The land of Black GoldThe land of Black Gold

Government of Maharashtra - MIDC Business Newsletter

Knowledge Partner

March, 2012 2

Dear Readers,

The Government of Maharashtra had declared Industrial Mega project policy from 2nd June, 2005. The main purpose of this policy has been to attract more investment in state and generate more employment opportunities as well as to compete with other state for the leading position, The Mega Project Policy has received a tremendous response. Under the Mega Project policy, the Government of Maharashtra has approved 320 mega projects with an approximate investment of INR 2,68,108 crores and creating employment opportunities for 3.11 lac persons. out of these 320 projects, 95 projects have gone into production and 240 projects with an approximate investment of Rs. 1.71 Lac Crores will be set up in backward areas of the State.

This edition of the newsletter focuses on District Chandrapur. It is famous for its huge deposits of coal mines, and hence, it is often referred to as the Land of Black Gold. Some of the biggest cement factories have the presence in the region. The district is also well known for its iron-ore deposits and other mineral deposits like limestone, clay, copper and barrite. Also, in this edition , a special mention is made about the various policies adopted by the central government which will boost the exports. This will lead in higher industrial growth and FDI in the state.

Starting this month we have also added a section on the description of the various industrial estates of the state. This month’s focus is on the NevasaIndustrial estate of the Ahmednagar district.

You may also refer to the investments made in the state and the various MoUs signed with different companies over the last month.

As always, we look forward to your comments and feedbacks, please connect with us at [email protected]

Dr. Kshatrapati Shivaji (IAS) Principal Secretary Industries, GoM and Chief Executive Officer Maharashtra Industrial Development Corporation (MIDC)

Dr. Kshatrapati Shivaji (IAS)

Editor’s Letter

mailto:[email protected]


March, 2012 3

A complete industrial profile on Nevasa’sstrengthsNevasa is a city in Nevasa tehsil of Ahmednagardistrict in the Indian state of Maharashtra...read more on page 12

Feedback .

Your Thoughts………………………….

The Central government understands the Potential of exports in providing impetus to Industrial growth, foreign direct investment ..read more on page 11

News UpdateNews Update

Focus: Nevasa Industrial Estate’s Profile

Promotional Measures in Foreign Trade Policy

Promotional Measures in the Department of Commerce

Many thanks for your message of for the latest newsletter which I have read with much interest.…....read more on page 16

Infosys to setup a Software Development Centre

IT major Infosys will set up a software development centre in Nagpur, the second in Maharashtra after Pune, with an investment of INR 100 crore.. …….read more on page 7

Investment@100 crore

Cover Story of the Month

Chandrapur District is a district inNagpur Division of Maharashtra. It is located at the boundary of Andhra Pradesh. The district was formerly knownas Chanda District…….read more on page 4-6

Chandrapur- The Land of Black GoldThe district is famous for its coal

Greenko Group, a listed entity of the Alternative Investment Market of London Stock Exchange, focusing on clean energy power plants, is set to commission 165 MW wind energy farms in Maharashtra by May, ....read more on page 8

165 MW wind energy farms to be commissioned

Growth: Clean Energy Power Resources

320 Mega-projects@ an investment of INR 2,68,108 crores

Memorandom of Understanding between Government of Maharashtra and various Companies dated 2/3/2012....read more on page 14

MoUs Signed by the Government of Maharashtra

Lanco Infratech plans to install nearly 4,000 MW additional thermal power generation capacity, entailing investments of about INR 22,000 crore by March 2015……read more on page 9

Lanco Infratech expands business

Investment @ 22,000 crore spread across three states

Government of Maharashtra has embarked upon boosting green and environment friendly industrial projects in the State. ……read more on page 10

Boost to Green and environment industrial projects

Special Preferences to be given to environment friendly projects


Knowledge Partner

March, 2012 4

The entire area of the district falls in the Godavari basin. The area is drained by major tributaries of the Godavari River. The major Tributaries are the Wardha, theWainganga and The Penganga rivers. The Penganga, flowing along part of the Western boundary, meets the Wardha river at Wadhanear Ghugus to form the Wardha river. It further flows in NW-SE direction finally merging into the Wainganga river at the south eastern corner of the district. After this confluence the river at the south eastern corner of the district. After this confluence the river along with their sub tributaries rising in the uplands within the district drain whole area of the district. Rising in the uplands within the district drain whole area of the district. It is famous for its super thermal

power plant, one of the biggest in Asia, and its vast reserves of coal. Chandrapur also haslarge reservoirs of limestone.

Tadoba National Park near Chandrapur is one of India's 28 Project tiger reserves. The city of Chandrapur, the administrative headquarters, has ancient temples of Anchleshwar (Lord Shiva) and Mahakali

Chandrapur District is a district inNagpur Division of Maharashtra. It is located at the boundary of Andhra Pradesh. The district was formerly knownas Chanda District. In 1964, it was renamed as Chandrapur. It was the largest district in India until it was split into the separate district of Gadchiroli.

It is the easternmost district of the state of Maharashtra. The eastern and westernboundaries of the district are well defined by the rivers Wainganga and Wardha, the tributaries of Godavari. Chandrapurdistrict occupies an area of 11,443 km² which constitutes 3.72 percent of the total area of the state. Owing to the geographical location and physical features, the climate of the district can be classified as a tropical hot climate with a high range of temperature throughout the year. Primarily there are two prominent seasons in the district - the very hot summer and moderate winter.

According to the 2011 census Chandrapurdistrict has a population of 2,194,262,roughly equal to the nation of Latviaor the US state of New Mexico. This gives it a ranking of 207th in India (out of a total of 640). The district has a population density of 192 inhabitants per square kilometre (500 /sq mi) . Its population growth rate over the decade 2001-2011 was 5.95 %. Chandrapur has a sex ratioof 959 females for every 1000 males,and a literacy rate of 81.35 %.Chandrapur district comprises 15 talukas, namely Chandrapur, Ballarpur, Rajura, Bhadravati, Warora, Chimur, Nagbhid(which is a railway junction too),Bramhapuri, Sindewahi, Mul, Sawali, Gondpipri, Korpana, Pombhurna & Jiwati.

Chandrapur- The Land of Black Gold

The district is famous for its coal and hence termed as the land of

‘black gold’

District ProfileDistrict Profile

Cover Story

It is famous for its superthermalpower plant, one of the biggest in Asia, and its vast reserves

of coal. Chandrapur also has large reservoirs of limestone. The

abundance of lime and coal supplies many cement

factories like L&T (now UltraTechCement), Gujarat Ambuja (Maratha Cement Works), Manikgarh, MurliCement and ACC Cement in the

district.


Knowledge Partner

March, 2012 5

Chandrapur Super Thermal Power Station (CSTPS)(now Mahagenco) is the biggest pit head Thermal Power Station of the MSPGCLand the largest in India among all the state Electricity Boards. CSTPS contributes about25 % of electricity for entire Maharashtra. The power plant, with a capacity of 2340 MW is approximately 5 km from the Chandrapurcity. It is the first ever thermal power plant in India to have commissioned 500 MW Unit(In year 1991-92). CSTPS, the Power Generating giant with structure sprawling in 12212 Hect. of land and holding national assets to the tune of thousands of croresand around 3460 people working, has catapulted itself to the status of NUMERO UNO in the Indian power generating fraternity. Currently there are 4 units of 210 MW and 3 units of 500 MW each and nowadays 2 units of 500MW is under construction. The mammoth coal mines in the district also contribute to the heavy industrialization of the city. These coal mines are administered by WCL (Western Coal-fields Ltd.). The city also boasts of having the largest paper manufacturing unit of Ballarpur Industries Limited (BILT), largest manufacturer and exporter of paper in India, in the Ballarpur region. The city houses various cement factories in its vicinity. Prominent among these are the ones established by ManikgarhCement, Ulltratech Cement (formerly L&T Cement), Associated Cement Companies(ACC) and Gujarat Ambuja (Maratha Cement Works). Various other major industries include a ferro-manganese and silico-manganese plant of Maharashtra Elektrosmelt Ltd. (MEL), a subsidiary of Steel Authority of India Limited (SAIL). The Warora region has a manufacturing plant, for electrical household appliances, owned by Videocon.

About 6000 small and big scale industries are located at Chandrapur.

The city of Chandrapur is located on mainNew Delhi-Chennai and New Delhi -Hyderabad - Banglore railway line of Indian Rail. It comes under Nagpur division of theCentral Railway. It is connected to Bhopal,Gwalior, Indore, Nagpur, Jhansi, Agra, New Delhi, Jammu Tawi, Warangal, Vijaywada,Chennai, Kanyakumari, Vadodara, Bangalore,Secunderabad, Hyderabad, Puri, Ahmedabad,Jaipur, Mumbai Banglore, Mysore, Lucknow, Allahabad, Kanpur, Zhansi, Varanasi, Gorakhpur, Patna, Gaya by train.

Chandrapur is also connected to many cities in Maharashtra by MSRTC buses. The buses ply to Nagpur, Gondia, Amravati, Akola,Shirdi, Aurangabad, Nanded, Hyderabad.



Knowledge Partner

March, 2012 6


Educ

atio

n • Chandrapur is well known for education facilities in the district. Chandrapur has Engineering / Polytechnic / medical / Law schools. Notable educational institutes in the city are..• Jawahar Navodaya Vidyalaya,Talodhi• Dilasagram Convent High School, Ballarpur• Saint Mary's convent high school & Junior college, Durgapur• Kendriya Vidyalaya W.C.L. Durgapur• Bagla Medical college• B.J.M. Carmel Academy• Government Engineering College, Chandrapur• Bajaj Polytechnic• Sai Polytechnic• Sai Engineering Collage• Janta College, Chandrapur

Coal reserves

• Chanda Coalfields • Ghugus Telwasa• Ballarpur• Rajura Sasthi• Warora Majri• Bandear

Iron ore Reserves

• Asola Deposit• Lohara• Pimplegaon• Birsi• Devalgaon• Suraj Garh Deposits

Other mineral resources

• Limestone- Kondhala, Purkepar, Kalamgavan, Mendha, and Nilgay of Warora Tahsils and at Sangodha in RajuraTahsil .

• Clays-Bhadrawati and Kothari

• Copper-Thanevasana• Barite-Phutan

Mineral Resource Description of Chandrapur


Knowledge Partner

March, 2012 7

IT major Infosys will set up a software development centre in Nagpur, the second in Maharashtra after Pune, with an investment of INR 415 crore.

The Bangalore-based software services provider also signed an MoU in this regard with the Maharashtra Airport Development Company (MADC) in the presence of Chief Minister Shri Prithviraj Chavan and Shri S D Shibulal, Chief Executive Officer and Managing Director of M/s Infosys.

The MoU was signed by MADC Vice-Chairman and Managing Director U P S Madan and Shri . Chandraketu Jha, Sr. Vice President, Infosys.

India’s second-largest software firm will be allocated 142 acres for the centre at Mihan, developed by MADC at Nagpur.

According to the MoU, the IT firm will start operations within three years at the centre which will come up at an investment of INR 100 crore and provide jobs to about 2,000 software engineers over five years.

Infosys intends to invest INR 415 crore in all and create jobs for 14,000 IT engineers when the centre, the firm’s 12th in the country, is fully developed in about 10 years.

Infosys had 64 offices and 68 development centres in India and abroad and 1,45,088 employees as on December 31, 2011.

Infosys to setup a Software Development Centre

ITIT

Investment @ INR100 crore


Knowledge Partner

March, 2012 8

Greenko Group, a listed entity of the Alternative Investment Market of London Stock Exchange, focusing on clean energy power plants, is set to commission 165 MW wind energy farms in Maharashtra by May, taking its installed capacity of power generation from about 220 MW now to about 385 MW.

The company is at an advanced stage of commissioning these wind energy assets located in Satara district of Maharashtra. This would take the company energy generation capacity up from about 220 MW now, which includes 120 MW of hydelpower generation, 80 MW of biomass plants and a liquid fuel powered plant, the last one has come through an acquisition.

Under the phase one of expansion plan of the company for wind power generation, Greenko plans to set up projects with a total capacity of 500 MW by 2014-15. Of this, wind farms with a total generation capacity of over 350 MW are at various stages of execution.

The company has a strategic venture with the US-based major GE (General Electric) for the implementation of wind farms in the country. A venture has been set up by Greenko wherein GE financial services arm had teamed up in October last to invest up to $50 million. In the Ratnagiri project, Greenko has deployed 1.6 MW GE turbines,designed for conditions with lower wind speeds.

The success of wind energy projects depends on the tariff offered by the State utility.

Growth: Clean Energy Power Resources

Prudential PLC, Aloe funds, TPG Growth, Scottish Windows, Capital Group and Blackrock are among investors, who have helped raise up to $500 million for projects under way.

Alternate EnergyAlternate Energy

165 MW wind energy farms to be commissioned


Knowledge Partner

March, 2012 9

Lanco Infratech plans to install nearly 4,000 MW additional thermal power generation capacity, entailing investments of about INR 22,000 crore by March 2015.

The diversified group currently has an installed power generation capacity of 4,400 MW.

The company is developing three projects, each have a capacity of 1,320 MW.

These plants along with some hydro projects would take the company's total power generation capacity to more than 9,000 MW.

The thermal initiatives under development are unit III and IV Amarkantak in Chattisgarh, Vidarbha in Maharashtra and Babandh in Orissa.

State run Coal India's recent decision to ink fuel supply pacts for power projects would benefit Lanco's three projects under development. Meanwhile, Lanco is planning to raise up to USD 750 million in the next six months for its power business.

Lanco, which has presence in various sectors, including EPC, power and infrastructure, saw its consolidated net profit slide 63% to INR 60.92 crore in the three months ended December 2011.

Lanco Infratech expands businessPowerPower

Investment @ INR 22,000 crore spread across 3 states


Knowledge Partner

March, 2012 10

Government of Maharashtra has embarked upon boosting green and environment friendly industrial projects in the State.

Projects with an environment dimension to it will be given preference in terms of expedited government clearance and other non-financial benefits.

India is extremely vulnerable to the challenges of climate change with 65% area being drought prone, 12% being flood prone and 8% under cyclone threat. Moreover, the per capita water availability is set to decrease from 1820 cubic meter per year to 1140 cubic meter per year.

Central Government will be funding state government based on Environment Protection Index constituted by the Planning Commission. This will be subject to state government’s spending 2% of the funds on environment related activities.

In addition, the Government is also taking initiatives, sponsoring PhDs & M.Philcandidates and disbursing funds to foster research in environment protection.

Green building is relatively a new concept and it is gaining momentum. The cause of reducing the environmental impact of buildings for better ecological consciousness. The Energy-efficient buildings require a higher investment of, as compared to a non-energyefficient building, but they offer substantial savings in energy consumption.

In a bid to promote energy efficiency and reduce industrial carbon emission levels, the Government is evolving a PAT (Perform, Achieve and Trade) regime designed by the

Boost to Green and environment industrial projects

National Mission for Energy Efficiency. Under the scheme, BEE has set energy efficiency targets for industrial units and issue them energy saving certificates against those targets. Units that exceed targets for energy efficiency can sell the certificates to units that fall short of targets.

Companies can create better goodwill amongst their customers by opting for better environment practices.

EnvironmentEnvironment

Special preferences to environment friendly projects


Knowledge Partner

March, 2012 11

Promotional Measures in Foreign Trade PolicyExportsExports

The Central government understands the Potential of exports in providing impetus to Industrial growth, foreign direct investment As well as employment has announced various measures in the Foreign trade policy.

Promotional Measures in the Department of Commerce

•The scheme for Assistance to state for Developing Export infrastructure and Allied Activities (ASIDE)

•Creation of new export promotion industrial Parks/zones•Market Access Initiative•Market Development Assistance (MDA)•Towns of Export Excellence (TEE)•Test Houses

Promotional Measures in the Directorate of Foreign Trade

(DGFT)

•Export Incentives by DGFT•Export and Trading House Scheme

•Server from India Scheme (SFIS)•Vishesh Krishi and Gram UdyogYojana (VKGUY)

•Focus Market Scheme (FMS)•Special Focus Market Scheme(SFMS)

•Focus Product Scheme (FPS)•Market Linked Focus Product Scrips (MLFPS)

•Special Bonus Benefit Scheme ( valid up to 31.03.2012)

•‘Niryat Bandhu’- A scheme for International Business Mentoring

Duty Exemption and Remission Schemes

•Advance Authorization Scheme (AA)

•Duty Free Import Authorization Scheme (DFIA)

Schemes to Allow Import of Capital Goods at

Concessional Rate of Duty

•Zero Duty EPCG Scheme ( This scheme will be operational till 31/3/2012)

•Concessional 3% duty EPCG Scheme

•Annual EPCG Scheme

For further details, kindly access the site http://dgft.gov.in with the link “ Highlights of FTP as announced on 13.10.2011”

http://dgft.gov.in


Knowledge Partner

March, 2012 12

Focus: Nevasa Industrial Estate’s ProfileIE ProfileIE Profile

NEVASA INDUSTRIAL AREARegional Office District Regional officer Classification

MIDC,Area Manager Office, CFC Building, Near Post office, Nagpur midc Industrial area. Dist;Ahmednagar. Tel-0241-

2777970, [email protected].

AhmednagarShri.Ramdas Khedkar(RO),

Shri.A.D.Chavan (AM)D

1. Location Profile

1.1 City Information

Nevasa is a tehsil in Sangamner subdivision of Ahmednagardistrict in the Indian state of Maharashtra. A famous temple of Shani, Shani Shingnapur is located near Sonai in Nevasa Taluka. Saint Dnyaneshwar wrote a dnaneshwari in Newasa. Every year palkhi of dnyaneshwari is taken to Pandharpur during ashadi ekadashi.Moryachinchore is a famous village in NevasaTaluka. The More dynasty ruled the village for about 2,000 years. A royal temple of the More dynasty is PohahichaMahadev.

1.2 General Information

MIDC has developed the Nevasa Industrial Area with the objective to attract industrialists and local entrepreneurs to set up industries and invest in the region. The industrial development will also attract foreign direct investments in the region. MIDC has provided the best possible infrastructure to facilitate industrial development and every assistance is provided for their growth. The park is located in 254.10 hectares of land situated 5 kms from Nevasa town.

1.3 Site Connectivity

By Road :- Nevasa industrial area is Located on Shrirampur -Nevasa ( SH 44 ), 5 kms. From Nevasa town,38 kms from Shrirampur city, 56 kms. from Ahmednagar, 177 kms from Pune, 319 kms from Mumbai.

By Rail :- Nearest railway Station is Belapur ( 4kms.), Ahmednagar ( 34 kms), Pune ( 177 kms), Mumbai ( 319 kms). By Air :- Nearest domestic and international airport Pune(172 kms), Mumbai (315 kms) By Water :- Nearest port Jawaharlal Nehru Port Trust ( 306 kms).

Location of Nevasain Maharashtra

mailto:@midcindia.org


Knowledge Partner

March, 2012 13

2. Prime features

2.1 Land area (Area Statement) Total Area- 254.10 hectares

2.2 Existing industries

Plot Holder name Type of Industry

M/s V. R.S Food Ltd. Food

M/s Spark Green Energy Pvt . Ltd Engineering

M/s Shreeji Industries Engineering

3.1 Water & Electricity Connection of water and power can be made available. However, the regular water supply scheme and power supply would take at least 1 year to commence.

3. Particulars on Services offered

3.2 Fire (service setup) Within the development in the industrial area Fire station will be made available in future.

3.3 Internal Road connectivity (within the sight)

Plots are divided into small, medium & large sizes and with respect to it the following internal road has been provided . The roads are mostly 15, 20 and 30 M wide which are in construction stage.

3.6 Gas Connections At present not available

3.7Telecommunication

(broadband landline, mobile connectivity)

The site is in close proximity to major cities and district with all major telecom providers existing having a good network connectivity.

3.8 Common facility centre With the development of the area amenities like bank facilities, post office, police station, etc would be operational very soon.

4. Miscellaneous

4.1 Vendors Available within close proximity.4.2 Skill Set Available.

4.3 Average Skilled labour cost According to minimum rates of wages as published in the State Government Gazette.

Nevasa is a city in Nevasa tehsil of Ahmednagar district in the Indian state of Maharashtra. A famous temple of Shani, Shani Shingnapur is located near Sonai in Nevasa Taluka. Saint Dnyaneshwar wrote a dnaneshwari in Newasa beside a pole which is still there. Every year palkhi of dnyaneshwari is taken to Pandharpur during ashadi ekadashi. Ajit borkar, from merck, lives here Moryachinchore is a famous village in Nevasa Taluka. The More dynasty ruled the village for about 2,000 years. A royal temple of the More dynasty is Pohahicha Mahadev. In nevasa there is also a famous village called sukali also known as gundwadi.


Knowledge Partner

March, 2012 14

Memorandom of Understanding between Government of Maharashtra and various Companies dated 2/3/2012

In order to attract more investment in state and generate more employment opportunities as well as to compete with other state for the leading position, the Government of Maharashtra has declared Industrial Mega project policy from 2nd June, 2005. The Mega Project Policy has received a tremendous response. Under the Mega Project policy, the Government of Maharashtra has approved 320 mega projects with an approximate investment of INR 2,68,108 crores and creating employment opportunities for 3.11 lacpersons. Out of these 320 projects, 95 projects have gone into production and 240 projects with an approximate investment of Rs. 1.71 Lac Crores will be set up in backward areas of the State.

Under the Mega Project policy, Domestic as well as Foreign investment has been attracted on a large scale. Under this policy, General Motors, Volkswagan, Daimler Crysler, Sanny Heavy Industries, Bridge Stone, L.G. Electronics, Mico Bosche, Boeing, Imsofermanufacturing, Hyudai heavy industries, Piaggio Vehicles, Posco Ltd etc. renowned companies have invested in the State.

Under this Mega Project Policy, 77 new Mega projects and revised project cost of 11 projects are approved with an expected investment of INR1,24,531crores and employment opportunities for 53,056 persons in the current year (i.e. from 1/4/2011 to 23/2/2012).

Government of Maharashtra has granted a status of mega project and benefits and

MoUs Signed by the Government of Maharashtra

incentives under Mega Project Policy to following Companies. Hence, Memorandomof Understanding are being done with these Companies.

1. M/s. Jindal Polyfilms Ltd., - The Company has proposed to invest Rs.450 crores for undertaking an expansion project for the manufacture of Polyester Chips, BOPET Film, BOPP Film, Coated Film and Metallised Films at Village Mundegaon, Tal. Igatpuri, Distt.-Nashik, falling in ‘D+’ zone under the Package Scheme of Incentives (PSI) 2007 and provide employment to 110 persons in conformity with the G o M Policy with regard to employment of local persons. Government of Maharashtra has granted status of mega projects on the basis of the level of fixed capital investment. Hence, Memorumdom of Understanding is being done with this Company. 2. M/s. Ruchi Soya Industries Ltd. –The Company has proposed to invest INR143 crores for setting up Soya Food Complex with facilities for Oil Extraction & Oil refining and a 3 MW Captive Bio-mass Co-generation Plant at Washim, Distt. Washim, and Bio-mass Briquettes Manufacturing unit and Grain processing unit in Yavatmal, Jalna, Nanded, Buldhanaand Chandrapur districts, all Low HDI Districts under the Package Scheme of Incentives ( PSI ) 2007, and provide employment to 710 persons in conformity with the GoM Policy with regard to employment of local persons. Government of Maharashtra has granted status of mega projects on the basis of the level of fixed capital investment. Hence, Memorumdomof Understanding is being done with this Company.

MoUsMoUs

320 Mega-projects@ an investment of INR 2,68,108 croresEmployment generated is 3.11 Lakhs

CM inaugrating Manufacturing Magnet Summit at Hotel Taj (1) Mr.RaviBudhiraja,IAS (Retd),Director General-MEDC (2) Dr.K.Shivaji,CEO-MIDC,Pr.Secretary-Industries,GoM (3) Mr.Arun Maira,Member-Planning Commission,GoI (4) Mr.Sachin Ahir,Hon' Minister of State-Industries,GoM5) Mr.Vithal Kamat,President-MEDC6) Mr.Prithviraj Chavan,Hon'CM,GoM7) Mr.Vinod Gupta,Vice President,MEDC8) Mr.Nandkishor Kagliwal,PastPresident,MEDC


Knowledge Partner

March, 2012 15

3. M/s. Solar Industries India Ltd –The Company has proposed to invest INR 233 crores for undertaking expansion of manufacturing of small dia. explosives, cast boosters, detonating fuse plants, PETN, bulk explosives and backward integration and manufacture of electronic detonators, crystalline paraffin wax, Sodium perchlorateand dust suppressors and a 5 MW Captive power Plant at Chakdoh, Tal.Katol, Distt.Nagpur falling in ‘ D +’ zone under the Package Scheme of Incentives ( PSI )2007, and to provide employment to 750 persons in conformity with the GoMPolicy with regard to employment of local persons. Government of Maharashtra has granted status of mega projects on the basis of employment generation. Hence, Memorumdom of Understanding is being done with this Company. 4. M/s. Economic Explosives Ltd-The Company has proposed to invest INR 380 crores for undertaking the product mix up- gradation of detonators, expansion of shock tubes, delay element manufacturing, backward integration, and modernization of its existing facilities at Sawanga,Tal. and Distt. Nagpur, falling in ‘D+’Zone under the Package Scheme of Incentives ( PSI ) 2007, and to provide employment to 800 persons in conformity with the G o M Policy with regard to employment of local persons. Government of Maharashtra has granted status of mega projects on the basis of employment generation. Hence, Memorumdom of Understanding is being done with this Company. 5. M/s. Ambuja Cement Ltd. –The Company has proposed to invest INR 305.52 crores to undertake expansion for augmenting the manufacturing capacity

of Cement Plant from 36 Lakh MTPA to 45 Lakh MTPA and to set up a 15 MW Captive Power Plant at Upparwahi, Tal. Korpana, Distt. Chandrapur, a Low HDI District under the Package Scheme of Incentives (PSI) 2007, and provide employment to 133 persons in conformity with the G o M Policy with regard to employment of local persons. Government of Maharashtra has granted status of mega projects on the basis of the level of fixed capital investment. Hence, Memorumdom of Understanding is being done with this Company.

MoUsMoUs

Stage is set for NIMZ in Vidarbha

MoU signing ceremony between MIDC and Jindal Polyfilms

Releasing of MIDC book – Doing Business in Maharashtra

1) Dr.K.Shivaji,CEO-MIDC,Pr.Secretary-Industries,GoM2) Mr.Vithal Kamath,President-MEDC3) Mr.Arun Maira,member-Planning Commission,GoI (4) Mr.Sachin Ahir,Hon' Minister of State-Industries,GoM (5) Mr.Nandkishor Kagliwal,PastPresident,MEDC (6) Mr.Ravi Budhiraja,IAS(Retd),Director Generl-MEDC


Knowledge Partner

March, 2012 16

Your thoughts…

Dear Dr. K.Shivaji,

Thank you for sending us the MIDC Business Newsletter , which is very informative and useful.

Regards,Vijay KalantriChairman & Managing Director - DighiPort Ltd.

Dear Dr K Shivaji,Congratulations keep it up. One step in the direction of wide spread E -Connectivity and saving precious forest and PaperThanks for making it happenMukund P ShahJPN Pharma Pvt Ltd

Dear Sir,

We have given the link to your news letter in our Facebook Page. You may visit our Facebook Page at:

www.facebook.com/HicomindSuva

Regards

James EdwinHead of ChanceryHigh Commission of IndiaSuva, Fiji

Dear Dr Shivaji

The newsletter is very informative and thanks for update on the major initiatives/developments taking place in Maharashtra.

Keep up the good work.

All the best to you and your team.

Piyush ShethFinance Manager - South AsiaMerisant India Pvt.Ltd

FeedbacksFeedbacks

http://www.facebook.com/HicomindSuva


March, 2012 17

Disclaimer

Statements and opinions expressed in articles and reviews herein are those that are collated from various departments and media sources. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurateinformation, we cannot guarantee that inaccuracies will not occur.

Knowledge PartnerKnowledge PartnerKnowledge Partner

Maharashtra Industrial Development Corporation Udyog Sarathi Mahakali Caves Road,

Andheri(E), Mumbai-400 093. Board Numbers: 91-022-26870052 / 54 / 73,

Fax: 91-022-26871587, E-mail: [email protected],

[email protected]

Government of Maharashtra

Gateway of India, Mumbai



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