![]() The company officials recently inspected these places for land. They will finalise a location within a few days and inform the Government before the next high-level clearance committee meeting, where the project will be taken up for clearance. The steel giant requires around 4,000 acre land to set up its plant. ArcelorMittal plans to invest a total Rs 50,000 crore in the State in two phases. Besides a steel plant, they want to set up a 750 mega watt power generation plant. These projects, if implemented, will provide employment to 10,000 people, Chief Minister Yeddyurappa told reporters after holding a meeting with ArcelorMittal Group Management Board Member Sudhir Maheshwari and Executive Vice President Vijay Kumar Bhatnagar and other company officials on Friday. “Only preliminary discussions have been held with the company officials on the project. The final decision will be taken shortly. The Government has assured its full support to these projects,” he stated. Industries Minister Murugesh Nirani said: “Once the high-level clearance committee headed by the CM clears the project, the Government will acquire the required land for the company within six months,” he added. Vijay Kumar Bhatnagar said the company was yet to finalise the site. The plant would require about 300 million tonnes of iron ore, and the State government has assured to provide incentives and concessions as per the 2009 Industrial Policy of the State. Chief Secretary S V Ranganath said it would take six months for the Government and the company to enter into an agreement for implementing the project. It would take another three to four years for the company to start the production in Karnataka. Company Chairman and CEO Lakshmi N Mittal in a release after the meeting, said: “It will be an honour for ArcelorMittal to be part of Karnataka’s industrial development and we are looking forward to work closely with the State government as the project progresses. Our team had a constructive and positive meeting in response to an invitation from the Karnataka Government.” | |
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Monday, November 30, 2009
World’s largest steel maker ArcelorMittal has shortlisted four sites in Bellary, Koppal, Bijapur and Dharwad districts in north Karnataka to set up its six-million tonne integrated steel plant at an investment of a whopping Rs 30,000 crore
Friday, October 23, 2009
Army recruitment rally on November 4
Belgaum: The Army Recruitment Office, Headquarters Recruiting Zone, Bangalore, will hold a recruitment rally in Bangalore on November 4 for posts of ‘X’ and ‘Y’ of the Havildar Education Group of Education Corps of the Indian Army.
Candidates who are permanent residents of Belgaum, Bijapur, Bidar, Bagalkot, Bellary, Dharwad, Gulbarga, Gadag, Haveri, Koppal and Raichur districts are eligible to take part in the rally. The other eligibility conditions are M.A./M.Sc./MCA or B.A./B.Sc./BCA with B.Ed. pass for the post of ‘X’ post. Those who are applying for the post of ‘Y’ should have passed B.A./B.Sc./BCA/ with B.Ed.
According to a press release here on Thursday, the physical and medical tests for the candidates will be conducted on November 4, while the written tests will be held on December 20. The admission cards to the candidates will be distributed through the Recruitment Office in Belgaum Fort between October 24 and 28. The candidates should appear before the officers concerned along with all the necessary testimonials and documents. For details, contact 080-25006567/25006569, 0831-2465550 or 0824-2458376.
Tuesday, July 21, 2009
Karnataka identifies 1.6 lakh acres for industrial layouts (Foundry Park in Belgaum)
Bangalore (PTI): Karnataka government has identified 1,60,039 acres of land for forming industrial layouts, Large and Medium Industries Minister Murugesh R Nirani said on Monday.
He informed the Legislative Assembly that the Karnataka Industrial Area Development Board (KIADB) had initiated action to acquire the land and develop it in a phased manner.
The Minister noted that the Government had approved, in the 2009-10 budget, for forming industrial areas in 1,000-2,000 acres not fit for agriculture in each district at an investment of Rs 1,000 crore.
Listing the initiatives for intensive industrial development in north Karnataka, Nirani said 10,000 acres of steel zone would be established in Koppal, Bellary and Bagalkot districts.
"Foundry park will be established through KIADB on 500 acres in Macche village of Belgaum district", he said. "Spice park will be established on 120 acres in Byadagi in Haveri district through Food Karnataka Ltd.".
The Minister said an auto park would be set up on 20-25 acres adjoining national highway of Basavakalyana in Bidar district, adding artisans engaged in preparation of silver ornaments in Mangur village in Belgaum district would be provided with living-cum-worksheds and other infrastructure facilities on 50 acres.Tuesday, June 16, 2009
Industrial corridor: Chennai-Mumbai national highways via Bangalore, Davanagere, Hubli, Belgaum and Pune
Infrastructure Leasing and Financial Services Ltd (IL&FS), KPMG, Infrastructure Development Corporation Karnataka Ltd (iDeCK) and IDBI are among the 19 companies that have evinced interest in providing consultancy services to Karnataka on developing the proposed industrial corridors along National Highways 4 and 17 to attract investment and create employment opportunities for people in North Karnataka.
According to Murugesh Nirani, Karnataka’s minister for large and medium industries, the industrial corridors will be developed on the public-private partnership model.
Recently, the state government had invited an expression of interest from reputed consultancy firms to prepare detailed project report and advise the state government on the model to execute the new industrial corridor projects.
“Apart from these two Indian companies we have also received a proposal from an internationally-reputed foreign agency to participate in the project. We are evaluating their proposals and will soon finalise the bids,” Nirani told Business Standard.
The industrial corridors are planned along the Chennai-Mumbai national highways via Bangalore, Davanagere, Hubli, Belgaum and Pune. Cities falling on the National Highways NH-4 and NH-17 like Bangalore to Belgaum will be developed as a major corridor and Bangalore to Bidar on NH-17, Shimoga to Davanagere and Shimoga to Mangalore. It has been planned to create industrial townships in seven sectors like steel, cement, textile, automobile, food processing, oil & chemicals and fertiliser.
The minister said cement industries will be encouraged in Gulbarga, Bagalkot and Chitradurga, iron and steel industries in Bellary, Koppal and Tumkur. Automobile industries will be promoted in Belgaum, Hubli and Mysore. Meanwhile, Bangalore will be promoted further as a preferred destination for information technology and biotechnology, electronics and general engineering. He said, basic infrastructure will be upgraded in these cities to enable industry to progress. Star category industries will be provided facilities including residential townships and other infrastructure.
In addition, Nirani said centres of horticulture like Bagalkot, Bijapur, Belgaum, Shimoga districts could have food processing units.
A foundry zone will be developed in Belgaum. The government is in the process of identifying 500 acres on the outskirts of Belgaum for the proposed foundry park. Land acquisition is in progress, he said.
Nirani said the government will also complete the land acquisition process before holding the long-pending Global Investors Meet (GIM) in Bangalore in December.
The GIM will be held in December this year. The government is in the process of finalising the knowledge partner, event partner and media partner for the event.
Friday, April 24, 2009
Army recruitment rally next month
The candidates will be selected through physical test and then a written test, a release said. — Staff Correspondent
Thursday, January 22, 2009
Cold storage unit for farmers in Hubli
HUBLI: Good news for mango and vegetable growers of the North Karnataka region. The commercial city will have the first of its kind cold storageunit in the state that is being set up under the public private partnership (PPP) model.
Tropicool Foods Private Limited, a joint venture of Karnataka State Agricultural Produce Processing and Export Corporation Limited (KAPPEC) - a state-owned agency promoting exports of agricultural and horticultural produce, and Hubli-based Ken Agritech Private Limited, is setting up a Individually Quick Frozen (IQF) unit exclusively for processing vegetables and mangoes at Honnenahalli on Karwar Road, 20 km from here.
KAPPEC managing director K J Devendrappa told `The Times of India' that the project will help the farmers in cultivating alphonso mangoes and vegetables such as cabbage, radish, carrot, cauliflower that are preferred by European and American countries. The unit, equipped with 600 metric tonne storage capacity, will process 1,800 kg of mangoes and 3,600 kg of vegetables under minus 20 degree temperature per hour.
He said the unit is set up at a cost of Rs 10.5 crore with the equity share of KAPPEC and Ken Agritech being 26:74. The Belgium and Holland-based food processing companies, which have lend their expertise to Ken Agritech and also have equity participation with them in the project, will buy back the finished products.
Devendrappa said another cold storage unit exclusively for pomegranate will be started at Kushtagi in Koppal from February. The unit will be similar to the one in Bijapur meant for grapes. It will have 200 metric tonne capacity cold storage and 12 tonne capacity pre-cooling unit apart from a bulk storage unit of 300 tonnes per annum.
The unit is fully maintained by KAPPEC and Agricultural and Processed Food Products Export Development Authority (Apeda), a central government agency and the state government under the Rashtriya Krishi Vikas Yojana (RKVY), has funded Rs 8.33 crore towards the project.
Devendrappa said the state government is willing to set up more such joint ventures in the state where the state will have 49% stake. "We have received more than a dozen applications from private players from Dharwad, Kolar, Uttara Kannada and other parts of the state. We are holding discussions with the prospective investors," he said
Tuesday, March 18, 2008
Karnataka clears industrial projects worth over Rs 49,000 cr
Bangalore March 18, 2008: Karnataka's High Level Clearance Committee today approved 28 proposals to set up new industries involving an investment of Rs 49,054.89 crore.
The areas of investment are in IT, cement, steel, education and electronics, a release by the Governor's Secretariat said.
The industrial units after commissioning would generate employment to 4.19 lakh people, the release said.
The investments are being made in tier II cities, including Hiriyur, Gulbarga, Mysore, Mangalore, Muddebihal, Gamanagatti, Hospet, Hassan, Afzalpur, Yadgir, Kunigal, Koppal, Sandur, Haveri in addition to some in Bangalore rural district.
The projects included an airport-based multi-product special economic zone at an investment of Rs 3,384.65 crore to be established by the Bangalore International Airport Ltd, which has built the new airport in Devanahally here.
Limitless Properties Ltd has got the approval for setting up a multi-product SEZ in Hiriyur in Chitradurga district at an investment of Rs 4,164.40 crore.
R M Steels Ltd will be setting up a Rs 15,700 crore integrated steel plant in Koppal while XINDIA Steels a similar plant in the same district with an investment of Rs 8,735 crore, the release said.
Thursday, February 28, 2008
Chinese cos to pump in Rs 8,735 cr in Karnataka
The Indian partners hold 45 per cent stake in Xindia and the Chinese companies, 55 per cent. The new facility would use Xinxing's leading edge elletization and steel making technology and be fully equipped with best-in-class safety, health and environment compliance systems. The project is expected to provide direct and indirect jobs to over 16,000 people in the local community in both phases. Mingzhong said the facility would meet the growing local demand of the Indian steel industry. Its design allows for additional capacity expansion to accommodate growth in future. The investment is in line with the company strategy to be an active contributor to the emerging Indian steel industry.
He said Indian infrastructure has seen rapid growth in recent years resulting from investments in all sectors of the economy. "Our Indian team has demonstrated that Xinxing has the products and capability locally to bring these to the Indian market in a way that provides better value for customers." : Chinese conglomerate Xinxing group and China National Metal products, which have forged a joint venture with three Indian partners, on Wednesday announced an investment of Rs 8,735 crore to set up iron ore pellet plant in Karnataka in two phases. The JV, Xindia Steels is being promoted by the Xinxing Group, China National Metals products, a part of China Minmetals Corp, along with Manasara Investments, Kelachandra Group and Sigma Minmet.
Under the JV, a two million tonne iron ore pellet plant will be set up at Koppal in the phase I and expanded to six million tonnes with the setting up of a five million tonne steel plant in the phase II, Liu Mingzhong, Chairman Xinxing group told reporters here. The Indian partners hold 45 per cent stake in Xindia and the Chinese companies, 55 per cent. The new facility would use Xinxing's leading edge elletization and steel making technology and be fully equipped with best-in-class safety, health and environment compliance systems. The project is expected to provide direct and indirect jobs to over 16,000 people in the local community in both phases. Mingzhong said the facility would meet the growing local demand of the Indian steel industry.
Its design allows for additional capacity expansion to accommodate growth in future. The investment is in line with the company strategy to be an active contributor to the emerging Indian steel industry. He said Indian infrastructure has seen rapid growth in recent years resulting from investments in all sectors of the economy. "Our Indian team has demonstrated that Xinxing has the products and capability locally to bring these to the Indian market in a way that provides better value for customers."