Business
Nano will trigger investment drive in Ahmedabad region
The proposed Nano plant is set to trigger a major investment drive in the auto-ancilliary and engineering sectors, worth Rs 14,963 crore, in the proposed Ahmedabad Metropolitan Region.
Some of the major strategic advantages for Nano plant are its proximity to Delhi-Mumbai Infrastructure Corridor (DMIC) and plans of connectivity via state highways to major ports [...]
Latest ship simulation tech comes to India
There is some good news for companies that have chalked out plans to development ports and terminals in Gujarat. They will now be able to conduct the mandatory ship simulation and manoeuvring studies in Ahmedabad or Mumbai, instead of going to foreign countries.
BMT Consultants India — part of UK-based port management and consultancy group [...]
A ‘Little Japan’ on 100 sq km in Gujarat
A ‘mini-Japan’ may take shape in Gujarat soon. A high-level business delegation from the Japanese External Trade Organisation (JETRO), which visited Gujarat last week, has asked the state government to provide a vast area of 100 square kilometres, where the Japanese could build their own township.
The land has been sought along the ambitious Delhi-Mumbai [...]
Nano to open doors for realty corridor
At a time when the property markets in the country are witnessing downswing, Tatas’ decision to park Nano at Sanand will not just boost land prices in and around Ahmedabad by almost 25%, it will also create a brand new “realty” corridor between Sanand and Ahmedabad, global, experts say.
Global real estate consultant Jones Lang [...]
3 states slug it out in race for Nano
The Gujarat government may be claiming that the Nano unit is headed for a site near Ahmedabad but there are indications that the race to host the plant is far from over.
Senior Tata Motors officials said on Saturday that its MD, G Ravikanth, will be in Karnataka and Andhra Pradesh on Sunday to meet [...]
Will Nano drive into Ahmedabad?
Even as the race to woo prestigious Nano project hots up, it may well be a drive from Singur to Sanand in Ahmedabad district for the Tatas ’ small car project.
The Tatas have been offered land belonging to Gujarat Agricultural University (Anand) at Chharodi and Charal villages in Sanand taluka, about 25 km west of [...]
Big Bazaar plans three more outlets in Ahmedabad
After being forced to shut down two of the five Big Bazaar stores in Ahmedabad, Kishore Biyani spearheaded Pantaloon Retail India Ltd, the company that runs the retail chain stores across the country, is planning to open three more stores in different areas of the city.
According to Anand Adukia, Zonal Manager, Big Bazaar, the [...]
Realtors bet on corporate parks in Ahmedabad
After realtor Vyomesh Patel acquired a 5000-sq yd plot of land in the R2 zone between SG Highway and SP Ring Road, he was on the horns of a dilemma.
Neither was the plot big enough for a mall, nor was a residential project viable on the small plot. That’s when he hit upon the idea [...]
Govt allots 26 acre land for Satyam’s SEZ in Ahmedabad and Gandhinagar
Satyam Computers Services Ltd, one of the software giants in the country, has been allotted over 26 acres of government land for setting up special economic zone (SEZ) dedicated to information technology (IT) sector.
The captive special zone would come up in the state’s capital Gandhinagar near Infocity. “On July 16, the company’s officials formally [...]
Ahmedabad based Sintex in race to acquire US-based Continental Structural
The India story continues to get bigger. The Ahmedabad-based plastics and textiles maker, Sintex Industries, has thrown its hat into the ring to acquire US-based industrial composite moulder, Continental Structural Plastics.
If concluded, the deal could be in the range of $70-80 million, according to sources. Continental Structural is a global leader in the plastic automotive [...]