【ムンバイ】韓国企業Doosan Heavy Industries and Construction Co Ltd(TICCL)／中国東方電気集団公司(Dongfang Electric Corporation)／上海電気総公司(Shanghai Electric Company)／Alstom／東芝／三菱／イタリア企業Ansaldo Caldaieの他、欧州や韓国の企業数社がReliance Energy Ltd (REL)の発電用ボイラーおよびスチームタービン(BTG:boiler-turbine- generator)製造合弁計画に関心を表明している。（...続きを読む）
◆Foreign cos queue up for REL's BTG manufacturing JV
【Mumbai】Doosan, Dongfang Electric Corporation, Shanghai Electric Company, Alstom, Toshiba, Mitsubishi, Ansaldo Caldaie and a few European and Korean Companies have evinced interest in a tie-up with Reliance Energy Ltd (REL) to manufacture boiler-turbine-generator (BTG) for the power sector.
【New Delhi】India's industrial growth plummeted to 5.3 per cent in November 2007, after notching a growth of 11.8 per cent in October last year. If it is compared to the 15.8 per cent growth registered in November 2006, it translates to a 66.45 per cent decline in growth rate year-on-year.
【Chennai】Rane Brake Linings Ltd and its Japanese collaborator, Nisshinbo Industries are examining scope for enlargement of their commercial engagement. The Japanese company has a 10 per cent stake in Rs 180-crore Rane Brake, which makes brake liners, disc pads, composite brake blocks and clutch facings for automobiles and railways.
◆Exports of textile, apparel decline during the first five months
【New Delhi】Although India's total exports have been rising at around 20 per cent, the overseas sales of textile, apparel and handicrafts have declined during the first five months of this financial year, according to Reserve Bank data.
◆GDP to grow at 8.7% in 2007-08 : CSO advance estimate
【New Delhi】The Indian economy is slated to grow by 8.7 per cent during the current fiscal. It marks a five-year dream run starting from 2003-04 and this level of growth may be unprecedented in India's recorded history.
【Chennai】Mitsubishi Corporation of Japan and its subsidiaries - MC Machinery Systems, Inc., Mitsubishi Corporation Technos and Mitsubishi Corporation India Private Limited - have announced a joint venture with the Coimbatore based Craftsman Automation Private Limited to set up MC Craftsman Machinery Private Limited to offer sales and service of industrial machinery.
【ニューデリー】製造／鉱業／電力３部門の成長が揃って鈍化したことから２００７年１２月の工業生産指数(IIP:Index of Industrial Production)の伸びは７．６％と、前年同月の１３．４％に比べ大幅に減速した。（...続きを読む）
◆Industrial output growth plummets to 7.6% in Dec
【New Delhi】The Index of Industrial Production (IIP) growth has nose-dived to 7.6 per cent in December from 13.4 per cent in the same month in 2006 on account of widespread deceleration in manufacturing, mining and electricity, among other sectors.
【New Delhi】The 10 closed state-owned sugar mills, which did not fetch good response to an earlier tender issued in November, are set to be auctioned againe.The Bihar Government has decided to invite fresh bids for them.
【ニューデリー】工業生産指数(IIP:Index of Industrial Production)をベースにした１月の工業成長率は５．３％と、前年同月の１１．６％や前月(2007年12月)の７．７％(当初発表の7.6%から上方修正)の伸びを大きく下回った。主要サブセクター(製造／電力／鉱業)全ての伸びが鈍化した。（...続きを読む）
◆Jan industrial growth slips to 5.30%
【New Delhi】Industrial growth in January recorded 5.3 per cent, slowing sharply from 11.6 per cent in the same month last year and the previous month's upwardly revised 7.7 percent, as growth in all major sectors comprising manufacturing, electricity and mining declined.
【Chennai】Ajinomoto is planning to open its manufacturing facility in India in two years.
【ニューデリー】横浜ゴムはハリヤナ州にタイヤ製造工場を設ける方針を決めた。ハリヤナ州工業及びインフラストラクチャー開発公社(HSIIDC:Haryana State Industrial and Infrastructure Development Corporation)はBahadurgarh工業団地の２５エーカーの土地を同プロジェクトに割り当てた。（...続きを読む）
◆Yokohama to set up tyre manufacturing unit in Haryana
【New Delhi】The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has allotted 25 acres in the industrial estate of Bahadurgarh for Japanese tyre major Yokohama Rubber Company Ltd which had decided to set up an automotive car tyre manufacturing unit in the state.
【ニューデリー】工業生産指数(IIP:Index of Industrial Production)をベースにした２月の工業成長率は１月の５．８％から過去４ヶ月来最高の８．６％に回復したが、昨年同月の１１％の伸びを依然下回った。アナリストらは２月のIIP成長率が１月に比べ復調したことから、中央銀行は、過去４０ヶ月来最高の７．４１％に達したインフレ抑制に対処するゆとりができたと評している。（...続きを読む）
◆IIP growth at 8.6% in February
【New Delhi】Industrial output growth in February recuperated the fastest rate in four months at 8.6% from January's upwardly revised 5.8% rise. However this was still lower than the 11% recorded during the same month a year ago. The performance gives the Reserve Bank of India (RBI) much needed headroom to tighten monetary policy, as is widely expected, to arrest rising inflation, which hit a 40-month high of 7.41%.
【ニューデリー】韓国の製菓大手Lotteは、新たに完全出資子会社を設立、既存の上場子会社Lotte India Corpが目下輸入している製品のインド国内における製造に乗り出す。（...続きを読む）
◆Lotte setting up separate manufacturing arm
【New Delhi】Korean confectionery major Lotte is setting up a separate wholly-owned subsidiary in India to manufacture products which are currently being imported by its existing public-listed firm Lotte India Corp.
【Chennai】MC Craftsman Machinery Private Limited, a 70:30 joint venture between Mitsubishi group and Coimbatore-based Craftsman Automation, is looking at the northern and Western parts of the country for expansion. The company so far was focussing on South India.
◆Industrial growth sinks to six-year low at 3% in March
【New Delhi】The country's industrial output nose-dived to a six-year low of 3% in March 2008, compared with the 14.8% in March 2007, even as overall industry grew by a decent 8.1% during April-March of 2007-08. However it slipped from 11.6 per cent a year ago.
◆Aditya Birla Group to invest Rs 80,000 cr in Orissa
【Bhubaneswar】Different companies of Aditya Birla Group will invest around Rs. Rs. 75,000-80,000(US$17.564b-18.735b) in Orissa in aluminium, cement, telecom, retail, among other sectors, over the next few years.
【ニューデリー】Toyoda Gosei India Pvt Ltd (TGIPL)は４５クロー(US$1054万)を投じラジャスタン州Neemranaにハンドルやエアバッグ・モジュール等の安全装置製造工場を建設、インド国内の自動車産業に供給する。（...続きを読む）
◆Toyoda Gosei to invest Rs 45 cr for safety systems
【New Delhi】Toyoda Gosei India Pvt Ltd (TGIPL) will invest Rs 45 crore to set up a safety system subsidiary at Neemrana in Rajasthan to produce products such as steering wheels and airbags for car makers in the country.
【New Delhi】Riding on the high level of mineral production, the Index of Industrial Production (IIP) recovered to 7 per cent in April 2008, the first month of fiscal 2008-09, as compared to a low 3.9 per cent in the preceding month(3%, as per the original estimate).
【Hyderabad】A four-member delegation from Japan-based Itochu Corporation led by the Managing Executive Officer of the company, Mr Yoshio Akamatsu met the Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhar Reddy, on June 16 and has evinced interest to set up two projects in the State.
【チェンナイ】Saint-Gobain Glass India Ltd(SGGIL)はラジャスタン州Bhiwadiに１０００クロー(US$2.34億)を投じ年産３０万トンのフロート・ガラス工場を設ける方針を決めた。（...続きを読む）
◆Saint-Gobain plans second plant, wholesale biz too
【Chennai】Saint-Gobain Glass India Ltd has decided to set up a second plant, a three lakh tonnes a year greenfield float glass making facility, at Bhiwadi in Rajasthan at an investment of Rs 1,000 crore.
◆Smaller countries outdo India in US, EU textile mkts
【New Delhi】Textile companies in India are investing heavily thanks to the technology upgradation fund scheme. Some firms are also trying to expand their manufacturing bases to other countries through either acquisitions of greenfield plants or by taking over firms in low cost economies. However smaller countries like Vietnam, Bangladesh and Pakistan are outdoing India in textile and clothing exports to the US and EU in the post-quota (2005-2007) period.
【ニューデリー】今年５月の工業生産指数(IIP:Index of Industrial Production)をベースにした成長率は僅か３．８％と、昨年同月の１０．６％に比べ大幅な鈍化を見た。（...続きを読む）
◆Industrial growth slips to 3.8 % in May
【New Delhi】Industrial growth, as measured by Index of Industrial Production (IIP), slumped to 3.8 per cent during May 2008 as compared to 10.6 per cent in the same month last year.
【チェンナイ】フ Bンランドの電力設備エンジニアリング企業Metsoは７月１１日、タミールナド州Chennai拠点のEPT Engineering Servicesと合弁契約を結んだ。合弁会社Metso Power India Pvt Ltd(MPIPL)は、Metsoグループの世界ビジネスにエンジニアリング及びデザイン・サービスを提供する。（...続きを読む）
◆Finnish major Metso to design CFBC boiler
【Chennai】Finnish power and engineering major Metso on July 11 signed a joint venture agreement with the Chennai-based EPT Engineering Services. The venture, Metso Power India Pvt Ltd, will provide engineering and design services for Metso group worldwide.
【New Delhi】Industrial growth in June witnessed a slump to 5.4 per cent from a high 8.9 per cent growth posted during the same month a year. However the growth rate is higher than the upwardly-revised 4.1 per cent growth in May this year.
【New Delhi】The Japan-based Rs 400-crore JTEKT Corporation and Bangalore-based Micromatic Grinding Technologies signed an agreement for a strategic alliance to produce machine tools for engines and transmissions.
◆Auto component industry's growth halving this year
【Mumbai】The auto component industry will grow at 6-8 per cent in the current financial year as compared with a forecast of 12-13 per cent, owing to a slowdown in demand for automobiles due to high interest rates and burgeoning fuel prices.
【New Delhi】Propelled by buoyancy in the production of consumer durables and capital goods, the Index of Industrial Production (IIP) growth recovered to a five month high of 7.1 per cent, even though it moderated compared with 8.3 per cent recorded a year ago.
◆Health ministry, ITC argue over Japan Tobacco FDI plan
【New Delhi】A proposal by Japan Tobacco Inc (JTI) to raise its equity in its Indian joint venture has kicked off a major controversy with the country's largest tobacco company ITC Ltd and the health ministry opposing the move.
【New Delhi】India's industrial growth based on the Index of Industrial Production (IIP) nosedived to 1.3 per cent in August 2008 as against 10.9 per cent during the corresponding period last year, mainly on account of poor performance by the manufacturing sector.
【Bangalore】MHI-VST Diesel Engine Pvt Ltd (MVDE), a 90:10 joint venture between Mitsubishi Heavy Industries Ltd, Japan (MHI) and Bangalore-based VST Tiller Tractors Ltd, (VST) have commissioned their first diesel engine manufacturing plant at Metagalli, near Mysore.
【ムンバイ】国営重電機会社Bharat Heavy Electricals Ltd(BHEL)と原子力発電公社Nuclear Power Corporation of India Ltd(NPCIL)が設立した原子力発電設備製造合弁事業の技術パートナーの座獲得を目指し、多国籍企業４社－ドイツのSiemens／ウクライナのTurbo Item／フランスのAlstom／米国のGeneral Electric－が競っている。（...続きを読む）
◆4 MNCs in race to partner in Bhel's N-JV
【Mumbai】Siemens of Germany, Turbo Item of Ukraine, Paris-based Alstom and General Electric of the US are in race to become the technology partner for the joint venture between public sector power equipment major Bharat Heavy Electricals (Bhel) and Nuclear Power Corporation of India (NPCIL) — the country's nuclear power manager — to manufacture turbines for nuclear power plants in India.
【New Delhi】Industrial production growth rate dropped to 4.8 per cent in September this year, compared to 7 per cent in the same month last year but well above the dismal growth of 1.3% (now revised to 1.4%) in August—the lowest in a decade.
【Mumbai】California-based Kubota Tractor Corporation (KTC), a group company of Japanese major Kubota Corporation is exploring the possibility of setting shop in India through a joint venture (JV) with Japan's largest integrated business enterprise Sumitomo Corporation for manufacturing tractors.
【New Delhi】French power equipment manufacturer Alstom Ltd which will form two joint venture companies for manufacturing equipment for power sector with a local partner, Bharat Forge Ltd, has set up its research and development (R&D) centre for hydro power sector in Vadodara, Gujarat.
【New Delhi】The government now imposed import restrictions on seamless tubes and pipes, which are used by the automobile, oil and gas industries, after imposing curbs on import of hot-rolled coil and levying a 5 per cent import duty on steel products last week. Import of wood and certain wood products have also been put on the restricted list.
【Hyderabad】Hyderabad-based MTAR Technologies Pvt Ltd, a maker of precision engineering equipment for the strategic sectors, has fabricated a critical component – The Grid Plate – for the Fast Breeder Reactors (FBRs).
◆Imports from Japan auto components 10 times more than exports
【Chennai】India imports Rs 2,413 crore($482m) auto components from Japan in 2007-08 grew 72 per cent over the previous year. However Exports to Japan, which grew 11 per cent last year, were still nothing much to write home about, at Rs 205 crore($41m).
【ニューデリー】世界的な景気の後退から国内需要と輸出需要が共に減退し、製造業が深刻な打撃を受ける中、１０月の工業生産指数(IIP:Index for Industrial Production)の伸びは－０．４％と、過去１５年来初めてマイナス成長を記録した。（...続きを読む）
◆Industrial growth crashes to -0.4%
The Index for Industrial Production (IIP) shrunk for the first time in many years to a record a negative growth of 0.4 per cent in October, stifled by manufacturing sector -- for rescuing which the government announced a stimulus package earlier this month.