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GEF plans 2nd unit in KKD

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Hyderabad: With a present capacity to manufacture 400 ton of sunflower refined oil per month at its Kakinada plant, the Gemini Edibles and Fats India Pvt Ltd (GEF India), is setting up another unit by March 2019, with a production capacity of 1,100 tons. The 25-acre new facility will come up with an investment outlay of Rs 240 crore. 

Speaking on the sidelines of the launch of one-litre ultra-modern SKU (stock keeping unit) of their flagship brand, ‘Freedom’ refined sunflower oil on Wednesday, Pradeep Chowdhry, MD, GEF India, said: “Our sunflower oil brand has a market share of 55 per cent in Andhra Pradesh, 36 per cent in Telangana and 48 per cent in Orissa.
 
 

 

The company has a 42 per cent share in the rice bran oil market in AP and TS. With the growing demand for our products, we have decided to double our production capacity. Hence, we are setting up three manufacturing units, one each of 1,100 tons capacity at Kakinada, Orissa and Tamil Nadu, at a total cost of Rs 750 crore.”

The company expects to grow by 20 per cent this year and is looking towards a growth of 50 per cent in FY 19-20, post the commissioning of its plant at Kakinada. GEF clocked a total revenue of over Rs 4,000 crore for the year 2017-18 and has a revenue target of Rs 5,000 crore for FY 18-19. The edible oil industry is growing at five per cent per annum with the sunflower refined oil segment growing at nearly 15 per cent per year.

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GEF plans 2nd unit in KKD

THE HANS INDIA |   Aug 30,2018 , 02:06 AM IST
   

GEF plans 2nd unit in KKD
GEF plans 2nd unit in KKD
 
 
Hyderabad: With a present capacity to manufacture 400 ton of sunflower refined oil per month at its Kakinada plant, the Gemini Edibles and Fats India Pvt Ltd (GEF India), is setting up another unit by March 2019, with a production capacity of 1,100 tons. The 25-acre new facility will come up with an investment outlay of Rs 240 crore. 
 
 
 
 
 
Speaking on the sidelines of the launch of one-litre ultra-modern SKU (stock keeping unit) of their flagship brand, ‘Freedom’ refined sunflower oil on Wednesday, Pradeep Chowdhry, MD, GEF India, said: “Our sunflower oil brand has a market share of 55 per cent in Andhra Pradesh, 36 per cent in Telangana and 48 per cent in Orissa. 
 
The company has a 42 per cent share in the rice bran oil market in AP and TS. With the growing demand for our products, we have decided to double our production capacity. Hence, we are setting up three manufacturing units, one each of 1,100 tons capacity at Kakinada, Orissa and Tamil Nadu, at a total cost of Rs 750 crore.”
 
The company expects to grow by 20 per cent this year and is looking towards a growth of 50 per cent in FY 19-20, post the commissioning of its plant at Kakinada. GEF clocked a total revenue of over Rs 4,000 crore for the year 2017-18 and has a revenue target of Rs 5,000 crore for FY 18-19. The edible oil industry is growing at five per cent per annum with the sunflower refined oil segment growing at nearly 15 per cent per year.  
 
 

 
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అనంతకు మరో పరిశ్రమ.. 1500 మందికి ఉపాధి
12-09-2018 18:35:05
 
అమరావతి: ఆంధ్రప్రదేశ్‌లో ఇప్పటికే ఉన్న పరిశ్రమకు తోడుగా మరో పరిశ్రమను ఏర్పాటు చేయడానికి నిషా డిజైన్స్ సంస్థ ముందుకొచ్చింది. ఈ మేరకు ముఖ్యమంత్రి చంద్రబాబు సమక్షంలో రాష్ట్ర ప్రభుత్వంతో నిషా డిజైన్స్ ఎంవోయు కుదుర్చుకుంది. ఎంవోయుపై రాష్ట్రం తరఫున ఈడీబీ సీఈవో కృష్ణ కిషోర్, నిషా డిజైన్స్ సంస్థ తరఫున సమీర్ గోయంక సంతకాలు చేశారు. ఈ పరిశ్రమను అనంతపురం జిల్లా గోరంట్లలో నెలకొల్పనున్నారు. రూ.65 కోట్ల వ్యయంతో ఏర్పాటు చేస్తున్న ఈ పరిశ్రమలో డిసెంబర్ కల్లా ఉత్పత్తి ప్రారంభించనున్నారు. ఈ పరిశ్రమ ఏర్పాటుతో 1500 మందికి ఉపాధి లభించనుంది. నిషా డిజైన్స్ సంస్థ తొలి పరిశ్రమ కూడా జిల్లాలోని హిందూపురంలో ఉంది. రాష్ట్రంలో మూడు పరిశ్రమలు ఏర్పాటు చేయాలనేది తమ లక్ష్యమని నిషా డిజైన్స్ సంస్థ వెల్లడించింది. వీటి ద్వారా సుమారు 15వేల మందికి ప్రత్యక్షంగా పరోక్షంగా 20వేల మందికి ఉపాధి లభించనుందని నిషా డిజైన్స్ తెలిపింది.
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విశాఖలో ట్రినా సోలార్‌ ప్లాంట్‌ !
15-09-2018 00:14:14
 
న్యూఢిల్లీ : చైనాకు చెందిన ట్రినా సోలార్‌.. ఆంధ్రప్రదేశ్‌లోని విశాఖపట్నంలో సౌర విద్యుత్‌ పరికరాల తయారీ యూనిట్‌ను ఏర్పాటు చేసేందుకు ప్రణాళికలు రచిస్తోంది. ఏటా 10 గిగావాట్ల సామర్థ్యం గల సోలార్‌ ఎక్వి్‌పమెంట్‌ మార్కెట్లో పట్టును చేజిక్కించుకునే లక్ష్యంతో ఈ ప్లాంట్‌ను ఏర్పాటు చేస్తున్నట్లు సంస్థ వైస్‌ ప్రెసిడెంట్‌ యిన్‌ రోంగ్‌ ఫాంగ్‌ తెలిపారు. ప్లాంట్‌ ఏర్పాటు కోసం ట్రినా సోలార్‌ 2015లో విశాఖపట్నం సమీపంలో స్థలాన్ని కొనుగోలు చేసింది. ఏటా 500 నుంచి 700 మెగావాట్ల సామర్థ్యం గల సౌర విద్యుదుత్పత్తి పరికరాలను ఉత్పత్తి చేయాలని కంపెనీ అప్పట్లో భావించింది. ప్లాంట్‌ ఏర్పాటుకు 50 కోట్ల డాలర్ల పెట్టుబడులు అవసరమవుతాయని ట్రినా సోలార్‌ అంచనా వేసింది.
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http://www.thehansindia.com/posts/index/Andhra-Pradesh/2018-06-27/50-acres-allocated-for-Bengaluru-based-bus-manufacturing-firm/392770

Anantapur: Veera Vahana Udyog Private Limited which is in the business of manufacturing premium buses in Bengaluru city has entered into a Memorandum of Understanding with the state government to set up a sister manufacturing company in rural Gudupalle in Somandepalle mandal in the district, according to sources in the Industry department.

 
 
 
 
 

APIIC Zonal Manager Ranjith told ‘The Hans India’ that 50 acres of land have been earmarked for the project against its request to allocate 120 acres. Initially, the APIIC has given 50 acres and based upon further requirement it would respond, the ZM said.

 

The Rs 600 crore project will be established in phase 1 and 2. In the phase-1, 5,000 buses will be manufactured per year and in the phase-2, 2,000 mini-buses with a capacity of 12-18 buses will be manufactured. The project is expected to generate 7,000 jobs. 

 

Its mega-unit in Bengaluru is supplying buses to KSRTC and to others countrywide. The Veera Group is urging the government to provide land Rs 5 lakh per acre.

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https://www.thehindubusinessline.com/companies/brakes-india-plans-100-crore-capacity-expansion-in-andhra-pradesh-factory/article24464085.ece

 

Brakes India plans 100-crore capacity expansion in Andhra Pradesh factory

Chennai, July 19

Brakes India, a leading auto parts company of the TVS Group, plans to invest about 100 crore in expanding the capacity at its Naidupeta factory in Andhra Pradesh, which adopts a modern ‘line concept’ to produce castings.

“The line concept is a little different from what we have done in the past and enables us to produce slightly larger and more intricate castings. This line produces components for brake assemblies, turbo charger assemblies, certain commercial vehicle structural and engine parts as well as new orders that we have on the anvil. The capacity is in the range of 12,000 tonnes per annum,” Sriram Viji, Deputy Managing Director, Brakes India, told BusinessLine.

The Naidupeta plant went on stream in March this year. The proposed capacity expansion will add 24,000 tonnes to the capacity.

The company has been investing in capacity addition, quality improvements and productivity enhancements on existing lines across foundry locations. “From a pure capacity perspective, we have invested over 300 crore in the past five years,” said Viji. The company has added two new lines at the Jhagadia foundry in Gujarat, one line at Naidupeta and replaced one of the older lines in Sholinghur, Tamil Nadu.

 

Growing demand

“Globally, we see a steady and growing demand in the automotive segment. In India, growth has been especially strong. Orders have been extremely strong in the past few quarters due to various factors including high GDP growth, pent-up demand from loss of sales in early 2017 due to BS4 confusion, increase in construction activity and pre-buy from upcoming regulation changes such as BS6,” said Viji.

He pointed out that the overall level of growth in the automotive sector is well beyond projections and that has led to a dearth of foundry capacity.

Many players have therefore already put in place, or looking to increase, capacity in the near term. But the foundry industry in general is a low profit margin business with many small players who face challenges in scaling up production, product development and quality, he added.

Brakes India is one of the largest exporters of automotive ductile iron castings. More than 50 per cent of the company’s sales from Indian locations meet export requirements.

Over 90 per cent of the production in Oman is exported to Europe and North America. It has a total capacity of more than 160,000 tonnes of castings a year.

 

 
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