Page 39 - Gujarat

Swiss packaging firm SIG to set up first aseptic carton plant in Ahmedabad

Global packaging solutions provider SIG will set up its first aseptic carton plant in India at Horizon Industrial Parks' facility in Ahmedabad. SIG is partnering with Horizon Industrial Parks to set up its first aseptic carton plant in India, according to a company statement. Horizon Industrial Parks is a logistics platform in India, owned and managed by Blackstone Real Estate funds. The current portfolio comprises 17 industrial and logistics parks spread across more than 1,000 acres and with a development potential of 25 million square feet, which are in eight key markets in India. "Horizon Industrial Parks will develop a build-to-suit facility to support SIG's manufacturing of aseptic carton packs for beverages and food," the statement said. Of the 9,00,000 square feet of production space currently under construction, 8,00,000 square feet will be dedicated to SIG. "By building this plant, we are reaffirming our commitment to this thriving market, where we've seen tremendous dem

WATCH | Robots serve tea to PM Modi at Gujarat's Robotics Gallery

#WATCH | Robots serve tea to PM Modi at Gujarat's Robotics Gallery. #robots #pmmodi #modi #gujarat >

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India will soon emerge as global economic powerhouse, says PM Modi

Prime Minister Narendra Modi on Wednesday said their aim is to make India a global growth engine and that the country will soon emerge as an economic powerhouse of the world. Speaking at an event to mark the completion of 20 years of the Vibrant Gujarat Summit, Modi said they sowed small seeds of a "Vibrant Gujarat" 20 years ago, and today it has developed into a big tree. "We organised Vibrant Gujarat to make the state a growth engine of India. After 2014, our aim has been to make India a global growth engine, he said addressing a gathering of industrialists and businessmen. "We are standing at such a phase that India will soon emerge as a global economic powerhouse, he said. It is my guarantee to you that in a few years from now, in front of your eyes, India will be among the top three economies of the world, the PM said. Modi highlighted how from a humble beginning, the Vibrant Gujarat events have turned into an institution and many states later followed it by organising their

SIG to invest 100 mn euro on Gujarat plant, expects to be in top 10 markets

Leading packaging solutions provider SIG expects India to be among the top ten markets globally and will invest around 100 million Euro (Rs 878.8 crore) to set up its first plant here, its CEO Samuel Sigrist said on Wednesday. The company, which entered into the Indian market in 2018, has witnessed a "phenomenal growth" here, and expects it to "play a very important role for us going forward", he added. It is quite encouraged by the growth of the beverage industry in India, coupled with factors like the growing economy, income of the people and packed food consumption, he said. When asked whether India would figure in its top 10 markets in mid-terms (around 5 years) Sigrist said: "Easily. Our five-year CAGR for the packaged dairy business is in kind of the high teens, around 15-17 per cent". "We normally outgrow the market. We are the new entrant and the growth opportunity here is amazing. India will, over time, become a very, very sizable market price set. We are super excited,"

Amul expects no price hike after timely monsoon in Gujarat: Chief Mehta

Amul does not anticipate any price hike as the situation is "pretty" good this year after timely monsoon rains in Gujarat and flush milk procurement season is starting, GCMMF Managing Director Jayen S Mehta said on Wednesday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand. The situation is pretty good this year because of timely monsoon in Gujarat at least which means the pressure on producers for the feed and fodder cost is not high, and we are entering the flush season of milk procurement, so we are not anticipating any hike, Mehta told PTI. He said this while replying to a question about whether there would be any kind of price rise in the coming months. On the investment plans, he said that they are investing close to Rs 3,000 crore every year and that is going to be there for the next several years. "with increase in milk procurement and processing facilities also need expansion, we will be announcing a new dair

PM Modi inaugurates development projects worth over Rs 5,000 cr in Gujarat

The Prime Minister was accompanied by Gujarat Chief Minister Bhupendra Patel and state Bharatiya Janata Party (BJP) president CR Paatil

AMNS India's Hazira project to be commissioned by 2026: Laxmi Mittal

ArcelorMittal executive chairman Lakshmi N Mittal on Wednesday expressed confidence that AMNS India's Hazira project, which is under expansion, will be commissioned by 2026. In October last year, ArcelorMittal's arm AMNS India had stated that it will invest Rs 60,000 crore to scale up capacity of its steel plant at Hazira to 15 million tonnes (MT). "We have full confidence that with the cooperation of the Centre and Gujarat government, we will be able to commission the project by 2026, Mittal said here while speaking at the celebrations of 20 years of 'Vibrant Gujarat' summit. Hazira expansion project is moving at a fast pace and over 20,000 people are involved in the project construction, he said. "It is our target to double our production capacity in the first phase and then triple...we will also make advance products for technology," he said, adding it would help India reduce imports and become self-reliant. The company is also committed for sustainability, he said. He also sa

PM Modi to launch various projects, attend Vibrant Gujarat Global Summit

Prime Minister Narendra Modi will on Wednesday attend an event in Ahmedabad marking the completion of 20 years of the Vibrant Gujarat Global Summit. PM Modi, who is on a two-day visit to Gujarat from Tuesday, will also launch projects worth Rs 4,500 crore related to the education sector and address a public gathering in Bodeli town of the tribal-dominated Chhotaudepur district, officials said. Modi initiated the Vibrant Gujarat Global Summit during his tenure as the chief minister of the state in 2003 with the aim of making Gujarat a leader on the global map of industry and trade, a release said. The Gujarat government is now gearing up for the 10th edition of the Vibrant Gujarat Global Summit, which will be held in Gandhinagar between January 10 and 12 next year on the theme of 'Gateway to the Future', the release said. In Bodeli, the PM, before addressing a public gathering, will inaugurate and lay the foundation stone of various projects under the state government's 'Mission ...

BJP's MP strategy a repeat of Gujarat, Karnataka and Himachal Pradesh

In Madhya Pradesh, two of the ministers, Narendra Singh Tomar and Faggan Singh Kulaste, will be contesting from seats that were won by the Congress in 2018

20 yrs of Vibrant Gujarat Global Summit: PM Modi on 2-day visit to Gujarat

Prime Minister Narendra Modi will visit Gujarat from September 26 to 27, during which he will participate in a programme marking the completion of 20 years of the Vibrant Gujarat Global Summit and dedicate to the nation as well as lay the foundation stone of projects worth crores of rupees. The Vibrant Gujarat Global Summit started in 2003 when Modi was the chief minister of Gujarat. On September 27, around 10 am, the prime minister will participate in the programme marking the completion of 20 years of the Vibrant Gujarat Global Summit, a statement issued by the Prime Minister's Office (PMO) said. After that, around 12:45 pm, he will reach Bodeli in Chhotaudepur where he will dedicate to the nation and lay the foundation stone of projects worth more than Rs 5,200 crore. The prime minister will participate in the programme marking the completion of 20 years of the Vibrant Gujarat Global Summit at the Science City in Ahmedabad. It will witness participation of industry associations

PM Modi to address women in Vadodara on Sep 27 on reservation Bill

Prime Minister Narendra Modi is scheduled to address a mega gathering of women at Navlakhi ground in Gujarat's Vadodara city on September 27 as part of his two-day visit to the state, a BJP leader said on Monday. Thousands of women from Vadodara and adjoining districts would converge at Navlakhi ground to thank PM Modi for the passage of the women's reservation bill in both Houses of Parliament last week, he said. PM Modi will be in Gujarat on September 26 and 27 to launch a host of developmental works at an event in Bodeli town of Chhotaudepur district. He will also address an event organised by the Gujarat government at Science City in Ahmedabad to mark the completion of 20 years of Vibrant Gujarat Global Summit, an official release informed. "After the public event in Bodeli, the PM will reach neighbouring Vadodara city at around 3:00 pm to address a mega gathering of women at Navlakhi ground. The purpose of this public gathering is to express gratitude to our PM for the passage

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Kamats Restaurants partners with IDFC First Bank for FASTag integration

Kamats Restaurants on Saturday said it has collaborated with IDFC First Bank for easy registration and recharge of FASTag at its outlets along the highways in Maharashtra and Gujarat. Under this partnership, users can now register for a fresh FASTag or recharge their existing FASTag accounts at Kamats outlets, the restaurant chain said in a statement. "We are proud to be at the forefront of a convenient digital space in the restaurant industry. By teaming up with IDFC First Bank and integrating FASTag technology into our operations, we are not only making FASTag buying and recharging convenient while taking a meal break on the highways for our customers but also contributing to the digital transformation of India," Vikram Kamat, Founder and Chairman of The Vitskamats Group, said. There are 137 Kamats Restaurants in Maharashtra and Gujarat, including those in the two cities as well as along the highways.

Tata Projects to construct Micron's advanced semiconductor plant in Sanand

Tata Projects on Saturday announced its collaboration with Micron Technology to construct an advanced semiconductor assembly and test plant in Sanand, Gujarat. The company in a statement said the contract awarded to Tata Projects solidifies the company's proficiency in large-scale, sustainable infrastructure development in the Indian manufacturing landscape. According to the statement, situated in the Gujarat Industrial Development Corporation area of Chaarodi, Sanand, the project spans an expansive 93 acres of land. "This enduring project is a significant milestone and the largest investment under the India Semiconductor Mission (ISM)," the statement said, adding that the construction of Phase 1 will include a 500,000 square feet cleanroom space, scheduled to be operational by late 2024. The statement said the project encompasses the design and construction of a first-of-its-kind DRAM (dynamic random access memory) and NAND (non-volatile flash memory) assembly and test facility in

High-speed train to connect Ahmedabad and Sanand in next 6 months: Vaishnaw

Union minister Ashwini Vaishnaw on Saturday said a high-speed train will start plying between Ahmedabad and Sanand in the next six months. Speaking at the ground breaking ceremony of semiconductor company Micron's plant here, Vaishnaw said Vande Bharat Express trains will also halt at Sanand. "A world class train will start between Ahmedabad to Sanand. The high-speed train will start very soon, in the next six months," the Railway Minister said. Prime Minister Narendra Modi will flag off Jamnagar-Ahmedabad Vande Bharat Express on September 24. Talking about the semiconductor ecosystem, Vaishnaw, who also holds the Communications and IT Minister portfolio, said, the demand for semiconductors is going to increase to Rs 5 lakh crore in next few years. Prime Minister Narendra Modi's vision is to build the future of the country with designed and made in India semiconductors, he said. He said that Gujarat has taken the lead in the semiconductor space. Micron in June had announced sett

Labour dispute halts production at Apollo Tyres Limda plant in Gujarat

Apollo Tyres also revealed that there is no material impact on the operations at this stage

Fresh spell of rain boosts water level in major dams across Gujarat

The revival of monsoon activity in parts of Gujarat over the past few days has boosted the water level of reservoirs, with the stock in 207 major dams across the state rising to 93.44 per cent, officials said on Wednesday. Of these 207 major dams, the Sardar Sarovar dam built over the Narmada river, which is considered the lifeline of the state, currently has 3.33 lakh million cubic feet (mcft) of water, which is 99.73 per cent of its total storage capacity, a release by the Gujarat government said. As per the government figures, 54 dams are 100 per cent full, 90 dams, including the Sardar Sarovar Dam, have a water stock of 70 to 100 per cent of their storage capacity, 29 dams are filled up 50 to 70 per cent, 23 dams are filled up 25 to 50 per cent, while 10 dams have water less than 25 per cent of their capacity. In all, 104 dams in Gujarat are filled up to 90 per cent and they have been put on 'high alert' as a precautionary measure, the government release said. Parts of north ..

Micron set to break ground for Sanand semiconductor plant on Saturday

A few months ago, Micron acquired 10 acres of land, a building and a factory from a troubled auto components maker

Gujarat rain: 11,900 shifted, Narmada above danger mark in Bharuch

With heavy rain lashing Gujarat since Sunday, 11,900 people living in low-lying areas in Vadodara, Bharuch, Narmada, Dahod, Panchmahal, Anand and Gandhinagar districts have been shifted to shelter homes while 270 stranded citizens were rescued. In a statement, Chief Minister Bhupendra Patel said work is on to clear roads by removing fallen trees. According to officials, more than 6,000 people living along the banks of the Narmada river in Bharuch district have been shifted to safer places in the last two days after the water level rose to 40 feet due to discharge from the Sardar Sarovar Dam. Several areas in Bharuch city and tehsil and many localities and villages in Ankleshwar are still under knee-deep water even though the water level has been decreasing slowly since Monday morning. The current water level of the Narmada river is 37.72 feet, nearly 10 feet above the danger mark of 28 feet, at the Golden Bridge that connects Ankleshwar to Bharuch, said an official of Bharuch Distr