Saturday, October 21, 2006

Parking reforms yield results in coimbatore

MOST OF the shopping complexes and multi-storied buildings across the city have come up without providing any parking space with scant regard for town planning rules.

This had resulted in rampant parking of vehicles along the roadside thus, encroaching the space available for free flow of traffic. The police had joined hands with the corporation and district administration in introducing a lot of reforms relating to the traffic pattern and parking of vehicles. The city motorists responded positively though there were stray incidents of public non-cooperation when the police chose to enforce the rules rigidly. But, the system had come to stay in place with public realising that they are only regulations and not enforcements.

Continuing with the drive, Collector Neeraj Mittal, Commissioner of Police, Coimbatore city, Karan Singha, and Corporation Commissioner P. Muthuveeran took stock of the problems relating to parking and traffic in shopping areas. Following this, the police identified bottlenecks resulting in chaos on the roads and introduced a new set of traffic reform banning parking of four-wheelers along the roadside especially in shopping hubs such as Dr. Nanjappa Road, Cross Cut Road, DB Road, Oppanakkara Street and Range Gowder Street. The administration identified nearest vacant lands of the Corporation in these shopping hubs and provided parking space for the motorists. This resulted in the busiest shopping hubs breathing easy for the last few days.

In addition, the regulated parking also led to easy crowd control and in keeping criminal elements at bay. The public suggested that the corporation should consider making these places into permanent parking lots.

CII organises expo & conference on textile industry

The Confederation of Indian Industry (CII) is organsing a three day International exhibition and conference, TexMach-2006 in Mumbai from 1st December, CII Deputy Director Abhijit Mukherjee said at coimbatore on October 19.

The exhibition is being organising to provide updates on latest developments in new technologies in textile machinery and accessories and comprehend global developments, to enable the industry gear up to face global challenges.

Leading textile companies from China, besides Taiwan, Hong Kong and Turkey would participate in the event.

Mr. Abhijit further informed that the conference would leverage entrepreneurial acumen to the fullest and ride the textile revolution and encourage one to one business meetings to explore possibilities of outsourcing and Joint Ventures.

The expo would provide a platform for various companies to showcase their products and services and present their capabilities to a wide cross section of the textile business community.

Thursday, October 19, 2006

Special buses for Deepavali

The Tamil Nadu State Transport Corporation will run special buses from Thursday, leaving Coimbatore for Trichy, Madurai, Dindigul, Theni and Salem, in view of the Deepavali festival.

Buses would also ply from Udhagamandalam, Tirupur and Erode to the same destinations, in view of the large number of passengers likely to use the transport services during the season. These bus services would continue to be operated on a regular basis till October 24, for passengers travelling to and from various places, for the Ramzan festival.

Transport authorities said that special buses would ply from Singanallur bus stand during daytime.

As a matter of precaution, the transport corporation has already issued a stand-by order to its crew, asking them to ensure smooth operation of the total available fleet for the benefit of passengers.

Availability of spares has also been checked. Transport corporation staff equipped with wireless sets would be on duty at bus stands to call for more buses, if needed.

Source: The Hindu

Wednesday, October 18, 2006

Coastline Holidays opens office in Coimbatore

Coastline Holidays of Kochi has recently opened a new office at Gandhipuram in Coimbatore. "In our ever increasing passionate efforts to support our principal agents in a better and efficient manner, we take immense pleasure in announcing the opening of our office at Coimbatore", says William Rodrigues, managing director, Coastline Holidays. The operations will be led by the company's director, Richard Rodrigues.

Rodrigues added, "Through this little initiative we can work together in serving our guests' movements to Ooty, Kodaikanal, Northern Kerala and Karnataka circuits. As the vehicles are placed mid-way in this hub, the rates you get will be much competitive than any other ground handlers".

Source: Express Travel World

India Software and services export to touch $65 bn

India's vibrant IT software and services industry has been projected to reach an export potential of 57 to 65 billion dollars by 2008, Union IT and Communications Minister Dayanidhi Maran said.
The software industry in India, one of the pillars of economic development, is currently worth 29.5 billion dollars of which 23.4 billion was exports-- about 20 per cent of the nation's total exports, Maran said, after inaugurating the Coimbatore facility of Robert Bosch India.

India is expected to sustain its leadership position in future also, as export revenue from ITES-BPO sector grew from 2.5 billion US dollars in 2002-03 to 6.3 billion dollars in 2005-06, he said.

The IT and ITES-BPO sector has become the biggest employment generator amongst young college graduates, with the number of jobs almost doubling each year, Maran said.

The number of professionals employed in India by IT and ITES sectors has grown from 2.84 lakh in 1999-2000 to 1.3 million in 2005-06, growing by over 2.84 lakh in the last year alone, he claimed.

While the pace of recruitment picked up for IT services, ITES-BPO companies were recruiting in large numbers through out the year, Maran said adding it was estimated that the ITES-BPO sector hired 400 personnel every working day of the year.

Source: Bussiness Standard

Bosch launches Coimbatore facility

Germany-based Bosch will invest euro 325 million (Rs 1,800 crore) in India over three years.

The company is expecting 25% revenue from the Asia-Pacific region by 2015, and India is expected to contribute a major share of the total sales, currently at euro 730 million (Rs 4,000 crore), Franz Fehrenbach,chairman of Robert Bosch GmbH, said today.

Speaking at the inauguration of the Coimbatore facility of Robert Bosch India, Fehrenbach said the company is investing euro 325 million, amounting to 7.4% of total sales, for R&D and would continue to invest on research on a consistent basis.

Friedhelm Pickhard, managing director of Robert Bosch India, said the Coimbatore facility would handle services in automotive applications, industrial automation, mechanical engineering and shared services.

Source: Bussiness Standard

Monday, October 16, 2006

Swiss co opens liaison office in Coimbatore

Swiss textile machinery manufacturing company SSM Scharer Schweiter Mettler AG, a global leader in yarn processing and precision winding machinery, has set up its India liaison office in Coimbatore.

The liaison office with a backup of six textile engineers will extend support service for its customers and will provide improved customer service and shortening of communication time, according to a communication from SSM's General Manager - Liaison office, Mr Arne Jaeger.

The Union Government's recent approval of 26 textile parks under the scheme of integrated textile parks (SITP) and the allocation of Rs 850 crore for establishment of infrastructure underlined the importance India puts on the textile industry, Mr Jaeger said. He added that SSM's new office marked the importance the Swiss company has attached to the sub-continent, in general, and the Indian market, in particular.

Mr Jaeger said his company has set a target to achieve 100 per cent increase in sales for 2006 and has doubled its turnover in India in 2005 over the 2004 levels. The Coimbatore office will support this effort.

The Swiss company's textile division, besides the yarn processing and winding machinery under SSM, has two other manufacturing activities under Stahle Eltex, which produces the air texturising machinery and Hacoba that produces the sewing thread winders. The official launch of the Coimbatore liaison was held on Thursday.

Source: Hindu business line

Sunday, October 15, 2006

Project to revive Noyyal gets advisory panel of experts

Siruthuli, a public initiative for conservation of water sources, has formed an advisory committee to implement a project for reviving the Noyyal here.

The nine-member committee has experts from non-governmental organisations, the Public Works Department, Tamil Nadu Agricultural University (TNAU) and Bharathiar University. They visited Kooduthurai, the origin of the river, on Saturday. They went along its course to study the condition of the river along with Vanita Mohan, managing trustee of Siruthuli.

Ms. Mohan told reporters that the first phase of revival, from Kooduthurai to Singanallur tank in the city (40 km), would be in two stages. The first would be up to Perur. Till this point the river was clean.

Beyond this, effluents and sewage polluted the river. Siruthuli planned to revive the entire 160-km river course up to Noyyal in Erode where it joins the Cauvery. `Noyyalukku Nooru', a fund-raising programme, had helped to mobilise Rs.60 lakh.

Source : The Hindu