Lohiya group, the name behind flagship edible oil brands Gold Drop and Gold Plus, is setting up a Rs500 crore edible oil plant in Nellore of Andhra Pradesh. The Rs. 2,200-crore Lohiya Group, commands over 55 per cent share in the branded … Continue reading Rs500 crore edible oil plant coming up in Nellore from the house of Gold Drop
Sembcorp Industries announced that it has signed an agreement to acquire 45% of NCC Power Projects (NCCPP) through a wholly-owned subsidiary at a cost of Rs. 848 crores (approximately S$175 million). NCPP is currently building a 1,320-megawatt coal-fired power plant near … Continue reading Sembcorp invests S$175 million in Nellore
Nittan Valve Co Ltd, the Japanese auto component maker, is setting up its first Indian manufacturing facility at the Sri City SEZ near Nellore in Andhra Pradesh. Nittan makes valves and other auto parts for Yamaha, Honda and other vehicle … Continue reading Nittan Valves setting up a Rs100 crore factory at Sri City SEZ near Nellore
The Cabinet Committee on Economic Affairs of the Government of India has decided to set up the second major port at Dugarajapatnam in SPSR Nellore District on May 09, 2013. This will be the second major port in Andhra Pradesh … Continue reading Visakhapatnam Port Trust to be the lead partner in Dugarajapatnam Port, Nellore District
Mr Anam Ram Narayana Reddy, the MLA from Atmakur and the Finance Minister of AP has listed out various ongoing and upcoming infrastructure projects in his address on the Independence Day in Nellore yesterday. New airport coming up in the … Continue reading List of major ongoing and upcoming infrastructure projects in SPSR Nellore district
The Government has decided to set up two new major ports – one each at Sagar in West Bengal and the other at Dugarajapatnam of SPSR Nellore district in Andhra Pradesh. In respect of the Sagar Port, RITES has estimated capital cost (including connectivity project) at Rs. 7820 crores. The tentative cost for Dugarajapatnam has been estimated at Rs. 7988 crore by the Technical Committee set up by Ministry of Shipping. However, the feasibility study of the proposed location is also being carried out by RITES. In respect of Ports at Sagar and Dugarajapatnam, the concessions are targeted to be … Continue reading Dugarajapatnam port near Nellore estimated to cost about Rs8000 crore
Cadbury India, a unit of Mondelez International, is investing close to Rs2000 crore in Sri City SEZ to manufacture chocolates and other products. The Sri City facility will be its biggest manufacturing facility in the Asia-Pacific region. Cadbury India has signed … Continue reading Cadbury to invest Rs2000 crore in Sri City SEZ Nellore to manufacture chocolates
The proposed Chennai-Bangalore corridor, modelled on the Delhi-Mumbai corridor (DMIC) is in the news with neighbouring Andhra Pradesh suggesting a new route passing through their state. Andhra Pradesh officials want the corridor to link Nellore (in the east) and Anantapur … Continue reading Chennai-Bangalore corridor to pass through Nellore district!
The Chennai based A.D Jeyaveerapandia Nadar & Bros is planning to set up a unit to process onions, chillies and potatoes for export, at IFFCO SEZ in Nellore. The unit is likely to commence operations by the end of this year. Continue reading Vegetable processing unit to commence operations at IFFCO, Nellore
Shasun Pharmaceuticals is investing about Rs50 crore to build drug intermediates plant in Naidupeta, Nellore, Andhra Pradesh, India. These intermediates will be used as active pharmaceutical ingredients in some of its drugs derived from petroleum products. The facility is expected … Continue reading Shasun pharma to setup drug intermediates plant in Naidupeta, Nellore
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