According to Business Line report, Nestle India Ltd, a subsidiary of Switzerland based Nestle SA plans to invest nearly Rs 500 crore on a mainly Maggie noodles and confectionery-manufacturing plant in Gujarat next year. As per the report Chairman of FICCI Food Processing Committee Mr Antonio Helio Wazyk who is also Chairman and Managing...
According to a report published in section of economic dailies, bakery major Britannia Industries is planning to set up a manufacturing plant in Gujarat which would be its first plant on the western coast. The report quoted Britannia official saying that the company has just submitted the memorandum to the Secretariat for industrial assistance...
Gujarat’s Anand Vidhyanagar based Sardar Patel University (SPU) will confer honorary degrees to Rahul Bajaj, Bajaj group chairman as well as A M Naik, chairman and managing director of L&T, India`s largest engineering firm during SPU`s 54th annual convocation scheduled on December 15, Sardar Patel death anniversary day. Naik is an alumnus of Vallabh...
Essar Infrastructure will carry out the engineering, procurement and construction activity with an investment of Rs 176 crore to develop Roll-On, Roll-Off service across the Gulf of Khambhat between Ghogha near Bhavnagar in Saurashtra and Dahej in Bharuch district in central Gujarat. The service by Gujarat Maritime Board, will be used for the movement...
The New one The old one A decade back there was a popular Amul advertisement ‘Mero gaam Katha parey…’ the title song of national award winning film ‘Manthan’, which told the story of Amul model of co-operatives. Now, a decade later, the Gujarat Co-operative Milk Marketing Federation (GCMMF) that markets brand Amul, has recreated...
Plastic products maker Supreme Industries will invest Rs 58 crore to set up LPG composite gas cylinder plant at central Gujarat’s Halol and also invest Rs 56 crore to start a new manufacturing unit of cross laminated plastic products in Vadodara. This was announced by Shri M.P.Taparia, Managing Director of Supreme Industries. Taparia said...
The city of Ahmedabad will host one of the largest dye-chemical industry exhibition “InterDye” between 8-10 December 2011 over 5,000 square meter area. A seminar on Asian dyestuff industry development will be held along with the exhibition. More than 100 worldwide famous companies are going to participate in this three-day long event. InterDye English...
In a statement issued to the Bombay Stock Exchange (BSE), Chemicals and fertilisers maker Chambal Fertilisers & Chemicals Ltd (CFCL) informed that the board of directors of the company has granted approval to wset up a single super phosphate (SSP) plant at Dahej in Bharuch district of Gujarat at an approximate investment of Rs...
SKIL Group’s flagship company Pipavav Defence and Offshore Engineering today said there was no disruption of any kind at its production units due to Income-Tax officials visiting the firm’s premises last week for verification of certain issues. “There was no disruption of any kind at the production units and the business of the company...
In a bid to enter into the rural wholesale and distribution business, Future group has set up its first ‘Aadhaar’ wholesale store in Gujarat’s Kalol through its subsidiary, Aadhaar Retailing Ltd. Future group plans to open 65 Aadhaar stores. After Gujarat, the next one will come up in Punjab. Aadhaar Wholesale will have 1,500...
Reliance Industries Ltd (RIL) today reported nearly 15.8% rise in net profit at Rs 5,703 crore during July-September. This is RIL’s highest quarterly profit since 2007 and it is attributed to higher earnings from oil refining and petrochemicals business. RIL said its showpiece Krishna Godavari basin D6 gas fields output dropped 20% to 147.2...
According to Economic Times report French car-maker PAS Peugeot Citroen will start construction of their car manufacture facility in Gujarat’s Sanand in November this year. The report says that stone laying ceremony will take place on November 3 at the 600 acre site where a plant with investment of Rs 4,000 crore is going...