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PostPosted: Wed Mar 31, 2010 12:23 pm 
Singapore agency eyes trade potential in tier-II cities

International Enterprise Singapore, an agency under the Ministry of Trade and Industry, tasked to promote the overseas growth of Singapore-based enterprises, is now eyeing the potential of tier-II cities in the South.

IE Singapore Centre Director, Mr Ryan ANG, said, the agency had over the past two years concentrated on tapping the potential in the metros.

“We have now turned our focus to smaller cities. This is my first visit to Coimbatore, and am struck by the fact that the industrialists of this city have been instrumental in taking it to its current heights. It's a refreshing change,” he told Business Line. Mr Ryan visited seven–eight units across sectors such as textiles, promoters and developers of real estate and machinery manufacturers over the last three days to understand the industry pulse and their interest.

Sharing his observations, he said, “a good number of them evinced keen interest in joining hands with Singapore-based companies to gain a global footprint.”

“There is scope for investments and tie-ups in the construction industry, tourism and hospitality, among others.”

Mr Ryan said he would place the proposals with the Singapore Trade and Industry Ministry for moving them to the next level.

Besides Coimbatore, the other cities that the IE Singapore Centre Director proposes to visit include Madurai, Tuticorin, Mysore, Visakhapatnam, Kochi and Thiruvananthapuram.

“We have just made a beginning,” he said.

Technology Advantage

He said there was enormous potential, particularly in the construction space.

“The construction industry is technologically advanced in Singapore.”

“Project developers here could seek technical guidance on streamlining processes and making the work more cost effective,” he said.


Trichy not included. WHY? :cry: :cry: :cry:


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PostPosted: Wed Mar 31, 2010 10:36 am 
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ramkummar wrote:
when so much of waste land is in Trichy itself why there....At least they opened here rather than choosing some other place thanks to them......


The reason why the MRF is not opening its plant in Trichy is because of Our IT Minister A. Raja.
The MRF initially chose our trichy near siruganur but A. Raja forced the MRF people to open in perambalur.

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PostPosted: Tue Mar 16, 2010 10:46 am 
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when so much of waste land is in Trichy itself why there....At least they opened here rather than choosing some other place thanks to them......


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PostPosted: Mon Mar 15, 2010 6:09 pm 
Guest wrote:
ramkummar wrote:
which part of Trichy is this coming?


Its near perambalur .


It is coming up in Naranamangalam village in Padalur near perambalur. Padalur is around 40 km from Trichy and 10 km from Perambalur.


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PostPosted: Mon Mar 15, 2010 4:19 pm 
Guest wrote:
ramkummar wrote:
which part of Trichy is this coming?


Its near perambalur .


not near perabalur.. its in perabalur itslef.. 50 km from trichy but 10 or 20 km from perambalur


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PostPosted: Mon Mar 15, 2010 11:35 am 
ramkummar wrote:
which part of Trichy is this coming?


Its near perambalur .


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PostPosted: Mon Mar 15, 2010 10:57 am 
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which part of Trichy is this coming?


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PostPosted: Fri Mar 12, 2010 8:20 pm 
gautham.c wrote:
Site for MRF factory near perambalur , more than 10 JCB's are in work in the site [Sorry for the poor image quality, took from bus]

Image


MRF's 3000 crore expansion plan

Leading tyre maker MRF is embarking on a major expansion plan involving an investment of Rs 3,000 crore to set up greenfield factories and planning to ramp up capacity at its existing plants to maintain market share. The com-pany also indicated that it is aggressively pursuing inorganic growth opportunities.

Of the proposed investments, about two-thirds will be spent on greenfield factories in Tiruchi (Tamil Nadu) and Medak (Andhra Pradesh). “We are expan*ding radial tyre capacity across our plants. While we have commenced civil works at Tiruchi, a greenfield factory is being established at our existing manufacturing complex at Medak,” K M Mammen, chairman and managing director of the company, said at the company’s 49th annual general meeting in Chennai.

The Rs 900-crore Tiruchi plant, likely to be one of the largest manufacturing facilities of MRF, will commence production next year. The plant is being set up to make passenger car radials to meet growing demand. “Most of our expansion plans are funded through internal accruals,” added Mammen.


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PostPosted: Fri Feb 26, 2010 9:11 pm 
we can reach mrf company with in 1 hour from trichy....


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PostPosted: Fri Feb 26, 2010 10:45 am 
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have they started the construction


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