HCL Tech to set up 170 acre campus in Mihan SEZ at Nagpur

Mumbai, India, February 22, 2007 - Leading IT company HCL Technologies is to invest Rs.500 crore to set up a 170 acre campus in the Mihan SEZ in Nagpur. The company has signed a MoU with the Maharashtra Government to this effect. The facility is expected to generate employment for 10,000 people within five years.
30 acres will be utilised for development of residential facilities.
HCL Tech plans to set up new campuses in Tamil Nadu and Andhra Pradesh too.

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Satyam is establishing to Nagpur

NAGPUR: When Satyam signed a deal at chief minister Vilasrao Deshmukh's official residence here in December last year to acquire 100 acres of land in the proposed multi-modal international cargo hub at Nagpur (Mihan), it created a big splash.
The confidence shown by the software major in the project injected it with a new life. But bigger things were to follow, like a township outside Mihan with 50,000 dwellings.
As soon as Satyam unveiled its software park plan for Nagpur, a large number of its employees submitted applications seeking relocation to the Orange City.
The company management was dazed by the response, a source close to a top boss in Satyam told TOI. Within days, the company pressed its real estate arm, Maytas, into action and struck a deal to buy 500 acres of land, apart from the 100-acre piece it had acquired under the Mihan project.
Only seven km away from the city on the much-sought-after Wardha road, Satyam plans to invest Rs 3,000 crore in the integrated township project. This is the biggest real estate deal in this part of the country.
Satyam's corporate communications executive Shakuntala Sarkar confirmed that the first phase of the software park project in Mihan would be operational by the end of 2007-'08 "subject to availability of infrastructure like roads, electric supply and drainage".
She said the campus would house 500 people to begin with, and admitted that Nagpur had evinced a lot of interest internally.
"We are expecting some relocation requests to come in when the centre becomes operational," she said. However, she refused to comment on the township project, saying that Satyam was not directly associated with it.
The man chosen to partner Satyam in the township deal is a well-known city builder, Gopal Kondawar of Jagdamba Realtors Pvt Ltd.
Kondawar, whose rustic looks belie his calculating brain, had the foresight to anticipate a big demand, and diversified from his booming construction business to accumulate land in the last two years. It has paid off.
"Not only have they bought the land from me, they have also agreed to make me a partner in their township project__which will be known as the Maytas-Jagdamba township," said an elated Kondawar who has a 20 per cent stake in the joint venture."It will be a first-of-its-kind township."
Work on the Satyam software park, which will generate 5,000 jobs, will begin next month and is expected to be completed by December next year.
Nagpur and nearby cities, where over two dozen engineering colleges are located, produce 9,000 engineers a year.
No wonder then that other software giants, including Infosys and Wipro, have included Mihan and Nagpur in their future plans.
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Microsoft company eager to comein Nagpur, Indore, 4 more cities

As part of strengthening its presence in India, software major Microsoft Corporation on Wednesday said it would open offices in six cities in the country.
The offices will be opened in Nagpur, Ahmedabad, Indore, Chandigarh, Cochin and Coimbatore.
After opening the new offices, Microsoft will have presence in 13 cities in India, a company release said on Wednesday.
The expansion strategy would include establishing a direct sales infrastructure, broadening partner ecosystem and market education initiatives and programmes, it said.
Microsoft, with an enhanced presence, would enable the small and mid-market organisations to easily access a comprehensive portfolio of its products and services, faster deployment of customized solutions and increased support from both the company and its partners.
Under the geo-expansion plan, the company would work with broad channel partners to impart information on Microsoft products and licensing to serve IT needs of the business customers in the territory, the release added.

Dell to setup shop in Nagpur

TOI, November 25, 2006

Dell, the US leading computer system company, is the new entrant in the city, after Boeing and Airbus.
The company will be setting up a hardware manufacturing facility on 70 acres of land in the state government’s Multi-Modal International Hub Airport at Nagpur (MIHAN).
“Two developers, Vipul Infrastructure and Karamchand Developers, have jointly purchased land in the MIHAN project for Dell. These developers will be constructing the manufacturing facility,”said R C Sinha, MD, Maharashtra Airport Development Company (MADC).
The developers have purchased the land at Rs 35 lakh per acre, which takes the land cost to Rs 25 crore.
The 10,000 acres MIHAN project has 3,645 acres of land dedicated to three Special Economic Zones (SEZs) and a captive power plant. The proposed SEZ spans around 1,000 acres and has received the maximum response among other SEZs.
The IT Park includes companies such as Satyam, L&T and Infotech. Shapoorji Pallonji too have acquired around 100 acres of land in IT Park. The developer plans to bring a host of MNCs as per the list submitted to MADC.
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The Boeing gets 75-acre land in Nagpur for MRO

Rediff.com March 30, 2007
The Maharashtra Airport Development Company has decided to allocate 75 acres of land in Nagpur to aircraft major Boeing to set up its prestigious $100 million maintenance repair and overhaul (MRO) facility.
"The MADC, headed by state Chief Minister Vilasrao Deshmukh, in a crucial meeting in Mumbai has finally agreed to part with 75 acres of land for Boeing," MADC managing director and vice chairman R C Sinha said on Friday.
He said a decision on how much land should be given for the facility was delayed, as the aircraft manufacturer had initially demanded 80 acres adjacent to the 'Dr Babasaheb Ambedkar International Airport' in Nagpur which the MADC was reluctant to part with.
Boeing had, in April last year, announced the decision to set up the MRO in the city. It was part of an agreement with civil aviation ministry while giving final touches to procurement of a fleet of Boeing aircraft for national carrier Air India.
The meeting specially convened by MADC in Mumbai on Thursday was attended by senior officials of the corporation and Boeing, including its vice president Dinesh Keskar.
When contacted, Keskar, who is based in Boeing's headquarters in Seattle, said: "We will soon perform the ground breaking function and hold a press conference."
Sinha said the price of the 75 acres of land has not been finalised but has been left to the state government to decide.
MADC sources said Boeing has shortlisted Air India as partner for setting up the MRO and was in search of a third partner "for smooth running of the project."

RELIANCE selected for 300mw power-plant in nagpur at Butibori

Indian Express, July 11, 2007
Mumbai, July 10:
Anil Ambani controlled Reliance Energy Ltd (REL) has been selected by Maharashtra Industrial Development Corporation (MIDC) through competitive bidding to set up a 300 mw project at Butibori near Nagpur.
This announcement was made by Anil Ambani at the REL’s 78th annual general meeting here on Tuesday.
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TCS plans to start construction of Nagpur Centre

ET MUMBAI, AUGUST 14, 2007
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TCS plans to start construction of Nagpur centreMUMBAI: Asia's largest IT company Tata Consultancy Services (TCS) would start construction of its BPO centre in Nagpur by December-January, a top company official said. "We have recently signed an agreement to develop the centre at Nagpur and we hope to receive necessary approvals. The target date for starting construction is by end of year," TCS CEO and Managing Director S Ramadorai told reporters.
TCS had entered into an agreement with Tata Realty And Infrastructure (TRIL) to develop properties on land owned or to be owned by TCS. The MoU covers eight properties located in Pune, Thiruvananthapuram, Kochi, Ahmedabad, Hyderabad, Kolkata, Nagpur and Mangalore, totalling approximately 380 acres of land.
The Nagpur BPO will have a capacity of 5,000 people and the operations from the premises should start within 18 months from the date of construction, he said. "It should take 18 months to start operations from our premises but we could start working from a leased space before it," Ramadorai said.
On restrictions on external commercial borrowings (ECBs), Ramadorai said that the volatility in rupee versus dollar was now behind us. "We are focusing on hedging forward contracts, increasing productivity gains and dealing in multiple currencies but if rupee appreciates beyond a point it will have an impact," he said. Ramadorai again flagged the issue of the US sub-prime mortgage crisis which could lead to the weakening of dollar versus the rupee.

IBM Takes Nagpur Turn

Jun 22, 2007
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IBM India has announced its operations in Nagpur, as part of its expansion plans to enter 14 new cities in the country, in line with its strategy to make India a truly global hub. This would enable IBM to strengthen its pan India foothold and cater specially to the requirements of the various SMB clients spread in the city of Nagpur and its neighbouring markets.
"Nagpur, a strong manufacturing and resource hub for many industries, will be an important market for IBM and this initiative will further cement our commitment to deliver things faster and better to our customers," said Ramesh Narasimhan, director, GSMB, IBM India.IBM's operations in Nagpur will target various clients in media and newspaper, manufacturing, food and dairy, mining and services, research and education and textile sectors, amongst others.
IBM's portfolio of clients in Nagpur includes Indorama Synthetics (I) Ltd, Morarjee Textiles, Jayaswals Neco Group, Western Coal Fields, Mineral Exploration Corp Ltd, Neeri, Vishweswarya National Institute of Technology, Haldiram Foods International Ltd, Lokmat Newspapers, Nagpur Nagrik Sahakari Bank.
The Big Blue is slated to spread its wings in nine additional cities including Nashik, Surat, Bhubaneswar, Jamshedpur, Jaipur, Ludhiana, Dehradun, Vizag and Madurai, with Coimbatore, Goa, Lucknow and Bhopal already being operational.

Tatas to enter aircraft component manufacturing

Iris, Aug 03, 2007
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Tata Group, pioneers of Indian civil aviation industry, is planning to foray into manufacture of aircraft components for exports, reports Economic Times.For setting up the component manufacturing plant, the group is aquiring land at Special Economic Zone in Nagpur. Incidentaly, Boeing, a US aircrfaft maker is also setting up a maintenance, repair and overhaul facility at the Nagpur SEZ.
Tata Motors executive director (Finance) Praveen Kadle said that the company has intentions to enter aerospace sector but nothing has been finalised.
Maharashtra Airport Development Company vice chairman and managing director R C Sinha, whose firm is in charge of putting up the Nagpur SEZ project, said that a Tata company is taking up the land for aircraft component business.
The Tata Group had started Tata Airlines in 1932, which was later taken over by the government that turned it into Air India.

TAL Manufacturing Solutions begins work at MIHAN SEZ

The Hitavada, Nagpur, Dec. 4th, 2007
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TAL Manufacturing Solutions Ltd, a fully owned subsidiary of Tata Motors, has started construction work at the MIHAN Special Economic Zone (SEZ) for setting up a state-of-the-art plant that would cater to the global needs of aircraft major Boeing.

The fencing on the 30 acres of land earmarked for the project is almost complete while the actual work is expected to begin in a week’s time, it was learnt. Sources said that basically TAL will be manufacturing a special type of sheet that would act as a partition between the cargo and passenger areas of various Boeing aircraft. TAL has been retained by the world’s largest aircraft manufacturer for supplying them with unique components for their aircraft world-wide, revealed sources. TAL is the first company to have begun work in the SEZ attached to the Multi Modal International Cargo and Passenger Hub Airport at Nagpur.
Assistant Commissioner, Central Excise and Customs (Preventive), Nikhil Meshram, who is also the Specified Officer for MIHAN SEZ, informed that Nagpur SEZ would be the biggest in India in terms of size. Most of the global IT majors have purchased land at MIHAN SEZ but are still to begin operations, he said. Meshram said that the Nagpur SEZ was unique not only because of its size but also because of the plethora of operations and industries it would be able to accommodate.
In a way, the SEZ also is ‘multi-modal’ - covering IT, Health Parks, et al, he remarked. When contacted, a senior official from TAL Manufacturing Solutions preferred to keep silent on the specific spare parts that TAL would manufacture for Boeing.

Gitanjali Gems setting up a 1,000 hectare SEZ in Nagpur

Gitanjali Gems is also setting up a 1,000 hectare SEZ in Nagpur for multi products and 50 hectare SEZ at Aurangabad for gems and jewelries.This will lead to high jobs in nagpur.
snt it great!!!!!


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