New 2000 Crore Integrated Township, WIPRO SEZ both at Anekal
2 yrs before anyone cared to look beyond E-City, I discovered the potential of C-A belt and everyone loved to bash me up, when I tried to educate people about its potential. There was no dearth of negative comments from some ugly people on the forum. The biggest thrill and excitement is when you prove your detractors wrong and make your enemies lick their wounds. Without seriously batting an eyelid, I continued with my information dissemination campaign keeping the larger interests of my followers in mind disregarding some foul-smelling mouths. While DH below has only published the news, I have with me details of even the Survey Numbers of all the 43 projects mentioned below and a lot lot more good news for several parts of Bangalore.
Now, many will want to rush, to buy in and around Anekal. The C-A belt believers are finally vindicated and prices will only start to shoot up now, since many more will rush to buy there.
High-level panel gives green signal to 43 projects
Bangalore, April 13, 2012, DHNS, Deccan Herald
Patel Engineering Ltd has proposed a Rs 2,025-crore integrated township project at Anekal. This apart, five IT parks with a total investment of Rs 10,184 crore were also cleared, the minister said.
WIPRO SEZ at Anekal cleared by government
TCS SEZ at Siddapura cleared by government
Both in South Bangalore
IT majors - Wipro and Tata Consultancy Services (TCS) - have come forward to set up SEZs at Anekal and Siddapura in south Bangalore, while Jubilant Life Sciences has come up with a proposal to set up a SEZ in Nanjungud near Mysore. TCS is planning to invest Rs 3,400 crore on its SEZ.
The State High-Level Clearance Committee (HLCC) chaired by Chief Minister D V Sadananda Gowda on Friday gave in-principle approval to 43 industrial projects, including three Special Economic Zones (SEZs) and an aerospace project, attracting investments of about Rs 35,785 crore.
“All these companies have their own land and they have only sought the government’s permission to implement their projects,” M Maheshwar Rao, Commissioner of Industries and Commerce Department, told reporters after the HLCC meeting at the chief minister’s home office. Sunrise Technologies has proposed a Rs 240-crore aerospace project in Whitefield, he added.
Industries Minister Murugesh Nirani said the HLCC cleared nine proposals in the automobiles sector, including one by Toyota Kirloskar Auto Parts Ltd to establish castings and machining of engine parts, adjacent to its existing plant in Bidadi industrial area in Ramanagar district at a cost of Rs 750 crore.
The meeting cleared three cement manufacturing projects, including five-million-tonnes per annum (MTPA) capacity plant at Sedam in Gulbarga by Reliance Cementation Ltd at a cost of Rs 2,500 crore and 3.5 MTPA plant of Shaasta Cement Corporation at Chincholi in Gulbarga.
In the manufacturing sector, JSW Steel Ltd has come forward with a Rs 4,190.40-crore proposal to set up a “Cold Rolled Annealed and Skin Passed Coils” plant at Sandur in Bellary district.
Bangalore Rural and Urban districts have attracted the highest number of investments. While 11 projects with an investment of about Rs 13,525 crore have gone to Bangalore Rural, the Bangalore Urban district has garnered six projects with a total investment of Rs 6,727 crore. Yadgir district has attracted the least investment of Rs 50 crore. Of 30 districts, only 16 districts have attracted investments in the 27th HLCC, the minister said.
Earlier, chief minister said he had directed the officials to issue a government order for the projects cleared by the HLCC, within 24 hours. “All our neighbouring states are aggressively wooing investors. So we should not lag behind. Steps should be taken to clear industry projects as early as possible,” he added.
Nirani to tour Japan, Singapore
Industries Minister Murugesh Nirani, along with a team of officials, will go on five-day tour of Singapore and Japan from April 15 to woo investors for the second edition of the Global Investors Meet to be held in June.Chief Minister D V Sadananda Gowda was earlier scheduled to travel along with Nirani. But he dropped his tour plan citing severe drought in the State
New TATA SEZ at Tubarahalli, Bangalore
The SHLCC cleared three SEZs in Bangalore Urban and Rural districts. While Australian aerospace giant Vyoneeshrosebank Technologies in collaboration with the Sunrise Interactive India is setting up its Rs 266 crore aerospace facility at Whitefield in Bangalore.
Tata Consultancy Services plans to set up an IT/ITES SEZ at Tubarahalli in Bangalore Rural district at an investment of Rs 3,400 crore.
The above were cleared by the government on 12th April 2012.
High-level panel clears TCS plan to set up IT/ITES SEZ in Bangalore
Bangalore April 13 from The Hindu
The Karnataka's State High-Level Clearance Committee (SHLCC) has cleared Tata Consultancy Services' (TCS) proposal to set up IT/ITES SEZ in Bangalore.
TCS is planning to invest Rs 3,400 crore to set up IT/ITES special economic zone on 26 acres in Siddapura and Tubarahalli villages in Bangalore rural district.
Briefing reporters after the SHLCC meet, Mr Murgesh R Nirani, Minister for Large and Medium Industries, said, “The committee, in addition to TCS proposal, has cleared two other SEZ projects to come up in Bangalore and Mysore with an investment of Rs 3,961 crore having employment potential of 33,200 people.”
According to market sources, SEZ proposals cleared are of IT major Wipro on 28 acres in Bangalore rural district and of Jubilant on 25 acres in Mysore.
Other projects cleared today are Patel Engineering, which is planning to establish an integrated township in Anekal taluk, Bangalore, urban district with an investment of Rs 2,025 crore.
Cement & Steel
SHLCC has cleared three cement and one iron and steel projects. Investment in cement sector is Rs 6,475.13 crore with employment potential of 1,525 people.
Projects cleared are Reliance Cementation, which is to set up a 5-mtpa cement plant in Sedam taluk, Gulbarga district, with an investment of Rs 2,500 crore.
Shaasta Cement Corporation proposal to set up 3.5-mtpa cement plant in Chincholi taluk in Gulbarga district, with an investment of Rs 2,320 crore has also been cleared.
In iron and steel sector, investment is from JSW Steel which is planning to set up a ‘cold-rolled annealed and skin passed coils' unit in Sandur taluk, Bellary district, with an investment of Rs 4,190.40 crore and the employment potential is 1,264 people.
The above were cleared by the government on 12th April 2012.
Mr Nirani said “Apart from these investments, SHLCC has also approved six sugar projects with an investment of Rs 999 crore in the districts of Belgaum, Bijapur, Bidar and Raichur, which will offer employment to 1,713 people and is expected to add value to the development of northern parts of the state.”
More details of the 43 Projects
Karnataka Govt clears 43 projects worth Rs 35,785 cr
Bangalore April 13: from The Hindu
The Karnataka state high-level clearance committee (SHLCC) has cleared 43 projects with an investment of over Rs 35,785 crore. The projects cleared at today's SHLCC meet are likely to create employment to 4.83 lakh persons in the state.
Sector wise projects
Following are the sector-wise projects approved: Aerospace - one project - investment Rs 246 crore - employment offered for 558 people.
Automobile –nine - investment Rs 3,628.21 crore - employment potential offered for 7821 people.
Cement – three - investment Rs 6,475.13 crore - employment offered for 1,525 people.
Chemicals – two - investment Rs 595.91 crore -employment offered 558.
Education – one project - investment Rs 493.69 crore - employment offered for 6500 people.
Energy – one project - investment Rs 930 crore - employment offered for 550 people.
Food-based industries – three - investment Rs 275.32 crore - employment offered for 2,359 people.
Integrated township – one project - investment Rs 2,025 crore - employment offered for 490 people.
Iron and steel – one - investment Rs 4,190.40 crore - employment offered for 1,264 people.
IT Park – five - investment Rs 10,184.74 crore - employment offered for 4,14,600 people.
Others – six projects - investment Rs 1,493.71 crore - employment offered for 4,091 people. SEZ – three - investment Rs 3,961 crore - employment offered for 33,200 people.
Sugar – six - investment Rs 999.64 crore - employment offered for 1,713 people.
Textiles – one project - investment Rs 287 crore - employment offered for 450 people.
Bangalore (rural) - 11 projects - investments Rs 13,525.5 crore - employment 4.07 lakh people.
Bangalore (Urban) - 6 - investments Rs 6,727.74 crore - employment 48,048 people.
Belgaum - 3 - investments Rs 543.64 crore - employment 1,127 people.
Bellary - 1 project - investment Rs 4,190.4 crore - employment 1,264 people; Bidar - 1 - investments Rs 179.5 crore - employment 314 people; Bijapur - 1 - investments Rs 62 crore - employment 72 people; Chikkaballapur - 2 - investments Rs 1,429.91 crore - employment 8,250 people; Dharwad - 1 - investments Rs 493.69 crore - employment 6,500 people; Gulbarga - 3 projects investments Rs 6475.13 crore employment 1,525 people; Hassan - 1 - investments Rs 125.8 crore - employment 84 people; Kolar - 3 - investments Rs 342.86 crore - employment 1,745 people; Mandya - 1 project - investments Rs 99.52 crore - employment 2,000 people; Mysore - 3 - investments Rs 437 crore - employment 1,425 people; Ramanagara - 2 - investments Rs 592.4 crore - employment 528 people; Yadgir - 1 project - investments - employment 1,160 people
Guys, dont get excited yet. Every year govt clears proposal for 1000s of crore investment. We all know how many become reality. MOU for the projects quoted above are yet to be signed during upcoming GIM in June, only proposals are cleared. Also bear in mind, with elections in the vicinity, govt creates all such hype and excitement. Hope better sense prevails.
Dear Ravikant - thanks a lot for the valuble info on Blore real estate in Sarjapur road. I've read loads of post by yourself and have found it very useful in estimating the real worth of numerous projects being launched in bangalore on a daily basis. Please keep up the good work and help us sitting so far off from home making right decisions with our hard earned money :-)
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