A major fire broke out inside the industrial area of Dombivli in Thane after a boiler exploded at the plant of a chemical company.
Dismissing as baseless Kitex group chairman Sabu Jacob's allegation that the atmosphere in Kerala is not industry-friendly, state Industries Minister P Rajeev on Wednesday said his government stands for "responsible investment" and the southern state would be made a destination of such investments in few years. In an exclusive interview to PTI, Rajeev said the focus of the government is to attract green industries and IT-based industries in Kerala as land scarcity and environmental issues associated with it have been a problem in the state. "We are always taking a stand in favour of investment, in favour of industries. But our need is that--investment should be responsible. We stand for responsible investment," said Rajeev, who represents Kalamassery-an industrial hub in Kerala--in the state Assembly. Elaborating on responsible investment, the minister said it is a strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions.
CII, in a communication with the state industries department, cited it had a packed schedule for the year and the dates frozen for the Make in Odisha conclave clashed with a major national summit hosted by the industry body.
The company officials that visited Dholera will submit their recommendations to the company board for a final investment decision in this regard.
After low-cost canteens and drinking water, the Jayalalithaa government in Tamil Nadu is launching Amma Salt on Wednesday. Chief Minister Jayalalithaa will inaugurate the sale of the Amma Salt.
Reliance was the highest bidder at Rs 63 cr for the 5 airports project.
While the exact investment for the project, which is likely to come up in Jamnagar is not known, senior government officials say the company is looking to ink an agreement during the upcoming Vibrant Gujarat Global Investors Summit, to be held in January next year.
BMW is expected to take a decision on setting up a manufacturing unit in India in the next three months.
The govt plans to seek Centre's help for a re-assessment by the World Bank.
Proposed investment dip 33% from Rs 1.42 lakh crore (Rs 1.42 trillion) in 2011 to Rs 94,259 crore (Rs 942.59 billion) in 2013
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
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