Belgium-based Hansen Transmissions International NV announced an investment plan of euro 170 million for a production plant for gearboxes for wind turbines in the megawatt range. The facility will supply gearboxes to wind turbine manufacturers in the Indian and international markets, including to Suzlon Energy Limited.
The greenfield project is planned near Coimbatore, and is planned to be operational by the end of 2008. The factory will reach its full production capacity, with an output of 1,500 to 2,000 gearboxes per annum, by early 2010, and employ over 600 personnel.
"The manufacturing plant of Hansen in Coimbatore will make use of the same production equipment and processes that are conducted in our Belgian plants. We will implement the proven Hansen gear technology, expertise, accuracy and thus quality standards without any compromise to guarantee the unique Hansen quality label," comments Mr. Ivan Brems, Chief Executive Officer of Hansen Transmissions Int.
“We are very pleased to welcome Hansen Transmissions to India. Hansen will now be able to leverage India’s vast pool of technical talent, and take advantage of the immense opportunities in the wind energy market in India and worldwide,” stated Mr. Tulsi Tanti, CMD – Suzlon Energy Ltd.
Monday, May 14, 2007
Friday, May 11, 2007
Latest real estate scenario in coimbatore
Avinashi Road continues to be in huge demand in Coimbatore. Apartment prices have touched Rs 3,500 per sq ft now - up 9% in two months. The Peelamed area along Avinashi Road is also witnessing some demand now. Shreeram Properties have launched their project in Pellamed at Rs 2100 per sq ft and villas are priced at Rs 2,600 per sq ft.
Sai Baba colony too has seen a significant increase over the last two months, with close to a 50% appreciation, and higher end projects now command Rs 4000 per sq ft.
According to estimates, approximately 3,000 apartments are under construction in Coimbatore. Major development is also underway on Trichy Road and Mettupalayam Road where many developers hold large land parcels.
Sai Baba colony too has seen a significant increase over the last two months, with close to a 50% appreciation, and higher end projects now command Rs 4000 per sq ft.
According to estimates, approximately 3,000 apartments are under construction in Coimbatore. Major development is also underway on Trichy Road and Mettupalayam Road where many developers hold large land parcels.
Special train services on Chennai Central-Coimbatore section
Union Minister of state for Railways R Velu has ordered for special train services on Chennai Central- Coimbatore section to clear the extra rush of passengers.
A Southern Railway (SR) release today said the Chennai Central- Coimbatore weekly special would leave here at 2230 hrs on May 16,23 and 30 and reach Coimbatore at 0815 hrs on the next day.
In its return direction, the train would leave Coimbatore at 2345 hrs and reach here at 0830 hrs, on the next day.
Another special train would leave for Coimbatore at 2230 hrs on June 6,13,20 and 27 and reach Coimbatore at 0815 hrs on the next day.
In its return direction, the train would leave Coimbatore at 2345 hrs on June 7,14,21 and 28 and reach here at 0830 hrs on the next day.
Advance reservation for these trains would commence tomorrow.
A Southern Railway (SR) release today said the Chennai Central- Coimbatore weekly special would leave here at 2230 hrs on May 16,23 and 30 and reach Coimbatore at 0815 hrs on the next day.
In its return direction, the train would leave Coimbatore at 2345 hrs and reach here at 0830 hrs, on the next day.
Another special train would leave for Coimbatore at 2230 hrs on June 6,13,20 and 27 and reach Coimbatore at 0815 hrs on the next day.
In its return direction, the train would leave Coimbatore at 2345 hrs on June 7,14,21 and 28 and reach here at 0830 hrs on the next day.
Advance reservation for these trains would commence tomorrow.
Wednesday, May 09, 2007
'Mini Corporation on the move' concept
Coimbatore Corporation plans to take its services to the public, rather than making them come to its offices to avail of these or to request for amenities.
The civic body has hit upon a `Mini Corporation on the move' concept under which officials and workers from all its departments will go to the wards to sort out problems ranging from a leaking water line to non-assessment of buildings for tax. The slogan will be "Petition in the morning, solution by evening".
"Ideally, the works should begin at 7.30 a.m. and go on till 5 p.m.," says Mayor R. Venkatachalam. "Scavengers and workers in the engineering wing will remove silt from drainage canals, clear garbage and fill potholes. Plumbers will fix leaks in water lines and contractors will be asked to repair faulty streetlights," the Mayor says while listing out the works that will be carried out during such one-day Corporation-public interface to solve ward-level problems.
Two or three wards will be taken up every week so that on-the-spot solutions are provided in all the 72 wards in about six months. The Mayor feels that this may help in reducing the complaints that are brought to Council meetings by councillors.
The civic body has hit upon a `Mini Corporation on the move' concept under which officials and workers from all its departments will go to the wards to sort out problems ranging from a leaking water line to non-assessment of buildings for tax. The slogan will be "Petition in the morning, solution by evening".
"Ideally, the works should begin at 7.30 a.m. and go on till 5 p.m.," says Mayor R. Venkatachalam. "Scavengers and workers in the engineering wing will remove silt from drainage canals, clear garbage and fill potholes. Plumbers will fix leaks in water lines and contractors will be asked to repair faulty streetlights," the Mayor says while listing out the works that will be carried out during such one-day Corporation-public interface to solve ward-level problems.
Two or three wards will be taken up every week so that on-the-spot solutions are provided in all the 72 wards in about six months. The Mayor feels that this may help in reducing the complaints that are brought to Council meetings by councillors.
Monday, May 07, 2007
Hathway Cable stars in coimbatore
Hathway Cable and Datacom Private Limited, a part of the Rajan Raheja group has launched its Broadband Internet services in Coimbatore based on Docsis technology.
The MSO also has plans to target residential, small medium enterprises and corporates through aggressive marketing and customer relationship.
Hathway's Broadband Internet is presently available in the cities Chennai, Bangalore, Hyderabad, Mysore, Mumbai, Pune, Nashik, Baroda, Delhi, Chandigarh, Ludhiana, Jaalundhar, Kanpur.
The MSO also has plans to target residential, small medium enterprises and corporates through aggressive marketing and customer relationship.
Hathway's Broadband Internet is presently available in the cities Chennai, Bangalore, Hyderabad, Mysore, Mumbai, Pune, Nashik, Baroda, Delhi, Chandigarh, Ludhiana, Jaalundhar, Kanpur.
Thursday, May 03, 2007
May 31 - Judgement day for serial blast trial
The date for the judgement in the 1998 serial blast cases, which claimed 52 lives in and around the city, would be announced by the designated special court on May 31.
The arguments by the prosecution and defence sides were completed on April 10 before the special judge, Uthirapathi.
Even as about 100 accused, produced before the court this morning, appealed for an early judgement, since they were in jail for the last nine years, Uthirapathi said the date for the verdict would be announced on May 31.
52 persons were killed and 200 persons injured, when a series of explosions took place in the city and suburbs ahead of the visit of BJP leader L K Advani for election campaign on February 14, 1998.
There are 166 accused in the cases, including leaders of the banned al-Umma and chairman of Kerala-based PDP, Abdul Nasser Mahdhani. Four persons wanted in connection with the cases are absconding and three cases are still under investigation.
The arguments by the prosecution and defence sides were completed on April 10 before the special judge, Uthirapathi.
Even as about 100 accused, produced before the court this morning, appealed for an early judgement, since they were in jail for the last nine years, Uthirapathi said the date for the verdict would be announced on May 31.
52 persons were killed and 200 persons injured, when a series of explosions took place in the city and suburbs ahead of the visit of BJP leader L K Advani for election campaign on February 14, 1998.
There are 166 accused in the cases, including leaders of the banned al-Umma and chairman of Kerala-based PDP, Abdul Nasser Mahdhani. Four persons wanted in connection with the cases are absconding and three cases are still under investigation.
Wednesday, May 02, 2007
Foreign companies start own ventures in coimbatore
In another interesting development on the industrial scene in Coimbatore, a number of foreign companies have started their own ventures or have set up joint venture manufacturing facilities in the past two years.
According to an official of the Inspectorate of Factories, Coimbatore District has about a dozen units as joint ventures, 100 per cent export oriented units, or just production centres. Almost 75 per cent of these were established during the last two years. Another 10 or 15 are in the pipeline. These include engineering units, textile, textile machinery, and valve manufacturers. Southern India Engineering Manufacturers' Association Vice President Jayakumar Ramdass says that a significant point in this development is that many of them are small and medium enterprises.
Most of the units chose Coimbatore because of the contacts they have with the industries here. Normally, foreign companies prefer to set up shop in larger cities. The advantages these units in the engineering sector enjoy here as against starting off in bigger cities are lower overheads, abundant availability of engineering skills and castings.
For Coimbatore industries, it means immediate accessibility to better technology and equipment, and improving quality. "It is a win-win situation for all," he says.
Mr. Ramdass estimates that the units started recently could have taken off with a total investment of Rs. 200 crore to Rs. 250 crore. The region has the potential to draw foreign investments to the tune of Rs. 4,000 crore in a couple of years.
According to an official of the Inspectorate of Factories, Coimbatore District has about a dozen units as joint ventures, 100 per cent export oriented units, or just production centres. Almost 75 per cent of these were established during the last two years. Another 10 or 15 are in the pipeline. These include engineering units, textile, textile machinery, and valve manufacturers. Southern India Engineering Manufacturers' Association Vice President Jayakumar Ramdass says that a significant point in this development is that many of them are small and medium enterprises.
Most of the units chose Coimbatore because of the contacts they have with the industries here. Normally, foreign companies prefer to set up shop in larger cities. The advantages these units in the engineering sector enjoy here as against starting off in bigger cities are lower overheads, abundant availability of engineering skills and castings.
For Coimbatore industries, it means immediate accessibility to better technology and equipment, and improving quality. "It is a win-win situation for all," he says.
Mr. Ramdass estimates that the units started recently could have taken off with a total investment of Rs. 200 crore to Rs. 250 crore. The region has the potential to draw foreign investments to the tune of Rs. 4,000 crore in a couple of years.
Monday, April 30, 2007
Cognizant in recruiting mood
Cognizant Technology Solutions will be recruiting about 18,000 IT professionals before December this year in addition to the present 38,000 employees.
The problem is not quantity but quality of personnel across the country, R Chandrasekaran, president and managing director, Cognizant, told reporters here in an informal chat.
He said the company was taking a multi-pronged approach to address the constraint by running a training academy, organising job fairs as well taking the help of institutions like the Board of Apprenticeship Training and the HRD Minstry.
Chandrasekaran said Cognizant was interested in tier-two cities like Tiruchirappalli and others, and initiatives have already been taken at Coimbatore and Kochi. Kochi would be the company's eighth location to operate, and the unit's formal inauguration is scheduled to take place any time.
The problem is not quantity but quality of personnel across the country, R Chandrasekaran, president and managing director, Cognizant, told reporters here in an informal chat.
He said the company was taking a multi-pronged approach to address the constraint by running a training academy, organising job fairs as well taking the help of institutions like the Board of Apprenticeship Training and the HRD Minstry.
Chandrasekaran said Cognizant was interested in tier-two cities like Tiruchirappalli and others, and initiatives have already been taken at Coimbatore and Kochi. Kochi would be the company's eighth location to operate, and the unit's formal inauguration is scheduled to take place any time.
Update : Ucal Rolon National racing championship
Defending champion Ashwin Sundar of Team Yamaha and K. Rajini of Team TVS grabbed a double pole each in the qualifying round of the Ucal Rolon National racing championship for two wheelers that got underway in Chettipalayam, near here, on Saturday.
The opening leg of the season saw Rajini take pole position in Group `D' four-stroke 125 to 160cc and Group `C' two-stroke 150cc (expert categories).
Ashwin, who switched over to Yamaha this season, will start from the front in both the Group `D' four-stroke 125cc (expert class) and the Group `B' four-stroke 160cc category.
P. Rajani took the pole in P. Rajani the Group `B' four-stroke 250cc open class.
The opening leg of the season saw Rajini take pole position in Group `D' four-stroke 125 to 160cc and Group `C' two-stroke 150cc (expert categories).
Ashwin, who switched over to Yamaha this season, will start from the front in both the Group `D' four-stroke 125cc (expert class) and the Group `B' four-stroke 160cc category.
P. Rajani took the pole in P. Rajani the Group `B' four-stroke 250cc open class.
Bike racing competition
Amateur bikers took part in a unique bike racing competition here on Saturday, which provided them a platform to turn professionals.
Twenty-five bikers from across Tamil Nadu were judged on parameters such as speed and driving skills.
Unlike other motorbike races, there were two finishing lines. The bikers, timed on the clock, would finish the race by crossing one line but had to make sure they did not cross the second.
Crossing the second line would have had them disqualified. The bikers were not only forced to push the throttle, but also pull the brakes to be sure the bike halted between the two lines.
"It is an event targeted towards enthusiastic bikers. We want to give them a feel of what professional biking is all about. This is not only about the speed but we want to check the speed, control and skills of the bike," said Abhijit Kulkarni, an organiser.
Venu Ramesh and Bijo were adjudged winners in 125cc and 250cc categories respectively. They have also qualified for the mega finals to be held in Indore in June.
The next race of the 12-legged competition would be held in Bangalore.
Motorcycle racing is at a nascent stage in the country, but is slowly picking up with the rising popularity of Narain Karthekayan, the country's only Formula One driver.
Twenty-five bikers from across Tamil Nadu were judged on parameters such as speed and driving skills.
Unlike other motorbike races, there were two finishing lines. The bikers, timed on the clock, would finish the race by crossing one line but had to make sure they did not cross the second.
Crossing the second line would have had them disqualified. The bikers were not only forced to push the throttle, but also pull the brakes to be sure the bike halted between the two lines.
"It is an event targeted towards enthusiastic bikers. We want to give them a feel of what professional biking is all about. This is not only about the speed but we want to check the speed, control and skills of the bike," said Abhijit Kulkarni, an organiser.
Venu Ramesh and Bijo were adjudged winners in 125cc and 250cc categories respectively. They have also qualified for the mega finals to be held in Indore in June.
The next race of the 12-legged competition would be held in Bangalore.
Motorcycle racing is at a nascent stage in the country, but is slowly picking up with the rising popularity of Narain Karthekayan, the country's only Formula One driver.
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