Tube Investments of India to make scooter and motor cycle from Chennai

Tube Investments of India has proposed to manufacture scooter and motor cycle from Chennai. In connection with this, it has filed an Industrial Entrepreneurs’ Memorandum with the Commerce Ministry’s Department of Industrial Policy and Promotion (DIPP).

Other companies which have filed IEMs are Mahanadi Coalfields Ltd for washed coal in Jharsuguda, Odisha, JRS India Corporation Pvt Ltd for processing and preserving of fruits and vegetables in Ahmedabad, Gujarat, Powerica Ltd for wind power project in Devbhumi Dwarka, Gujarat and Sound Castings Pvt Ltd for machined and unmachined cast iron and SG iron casting in Kolhapur, Maharashtra.

Savita Polymers Ltd has made a proposal for transformer oils, white oils, lubricating oils, greases and industrial oils in Raigad (Kulaba), Maharashtra, Chongqing Jieli India Pvt Ltd proposed for manufacturing of alloy wheels in Chittoor, Andhra Pradesh, Motherson Sumi Systems Ltd for bumpers and door trims and plastic molded parts in Nashik, Maharashtra and Campus Activewear Pvt Ltd for footwear in Haridwar, Uttarakhand.

While Hasan Ashok Trading Pvt Ltd filed IEM for slaughtering of buffalo in Bengaluru (Rural), Steel Infra Solutions Pvt Ltd has made a proposal for prefabricated buildings of metal in Durg, Chattisgarh.

Image Credit : upload.wikimedia.org

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POSCO explores joint venture possibility with RINL in Vizag

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POSCO, the South Korean steel giant which earlier faced a setback in setting up a plant in India due to protest against land acquisition, is now exploring a joint venture with RINL in Vishakapatnam. Quoting sources, a PTI report said POSCO officials had a meeting with the Rashtriya Ispat Nigam […]
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