INDUSTRY

INDUSTRY NEWS

» Madhucon Projects signs PPA for 300 MW Indonesian power project , May 02, 2012
Hyderabad: Indian infrastructure firm Madhucon Projects, which is setting up its first overseas power project in Indonesia, has on Tuesday announced signing a power purchase agreement (PPA) with the Indonesian government power utility PTPLN (PERSERO).

» Maruti Suzuki exports one millionth vehicle , May 01, 2012
Mumbai: Maruti Suzuki exported its one millionth vehicle here today. To be sold in Denmark the red colored A-star left the Mundra coast line along with 2,200 other vehicles for various international destinations including Switzerland, Malta, Sweden in Europe and Algeria, Egypt and Morocco in the non European destinations.

» Suzuki plans to raise mobike share in sales to 50% by 2015 , April 20, 2012
New Delhi: Suzuki Motorcycle India Private Limited (SMIPL) is looking at increasing motorcycle sales to account for half of its overall volumes over the next three years.

» Essar, Kobe in talks for steel-making unit , April 22, 2012
Mumbai: Already in a technology-sharing pact, Kobe Steel of Japan and Essar Steel have now decided to take their relationship to the next level. They have initiated talks to jointly set up a steel plant in India.

» The Vespa scooter is back , April 27, 2012
Mumbai: Italian two- and three-wheeler maker Piaggio, which re-entered the Indian scooter segment with the Vespa today, is working on a new scooter and motorcycle range in the affordable category, unlike the Vespa that will remain on the premium side.

» MRF starts production at Rs 900-cr plant in TN , April 27, 2012
Chennai: MRF has started production at its new plant in Tiruchi (Tamil Nadu).
The company has invested around Rs 900 crore on the 200-acre plant, which will manufacture a full range of tyres, including truck tyres and radials. It will cater to both domestic and export requirements.

» Gujarat CM inaugurates food processing plant at Vadnagar , April 27, 2012
Gandhinagar: Himalaya Industries Ltd on Thursday launched India's biggest food processing plant set up at an investment of Rs 170 crore at Vadnagar, the home town of the Chief Minister, Mr Narendra Modi.

(Source : IBEF Website)