【ニューデリー】鳩山由紀夫首相とManmohan Singh首相の会談に先立って、日本貿易振興会(JETRO)とDelhi-Mumbai Industrial Corridor Development Corporation (DMICDC)は１２月２８日、デリー・ムンバイ産業大動脈(DMIC)プロジェクトの対象地域内に協力して２４のエコシティーを開発する覚書を交換した。また国際協力銀行(JBIC:Japan Bank for International Cooperation)とIndia Infrastructure Finance Company Ltd (IIFCL)は、事業開発基金(PDF:Project Development Fund)を創設するため、前者が後者に７５００万米ドルのローンを提供する覚書を結んだ。（...続きを読む）
◆Two pacts signed for Delhi-Mumbai Industrial Corridor
【New Delhi】Ahead of the meeting between Japan's Prime Minister Yukio Hatoyama and his Indian counterpart Manmohan Singh, Japan External Trade Organisation (JETRO) and Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) on December 28 signed a memorandum of understanding (MOU) to develop 24 eco-cities in the Delhi-Mumbai Industrial Corridor (DMIC) project areas. The Japan Bank for International Cooperation (JBIC) and the India Infrastructure Finance Company Ltd (IIFCL) also inked another MOU for a $75 million loan facility to help establish a Project Development Fund (PDF).
【New Delhi】Japanese minister for Internal Affairs and Communications Kazuhiro Haraguchi.and Indian Union Minister for New & Renewable Energy Farooq Abdullah on January 6 reached an agreement to develop jointly a city in India as "solar city".
【ニューデリー】昨年１１月にインドに流入した外国直接投資(FDI:Foreign Direct Investment)は１７億４０００万米ドルと、前年同月の１０億８０００万米ドルに比べ６０％増加した。（...続きを読む）
◆FDI inflows grow 60% in Nov at $1.74 b
【New Delhi】Foreign Direct Investment (FDI) inflows into India recorded $1.74 billion in November 2009, as against $1.08 billion received during the same month in 2008, registering a growth of 60 per cent.
◆Japanese steel cos take a different approach in India
【Kolkata】While ArcelorMittal and Posco had tried to set up projects on their own, but have made little headway, so far, Japan's leading steel companies JFE Steel and Sumitomo Metal Industries are negotiating with JSW Group and Bhushan Steel, respectively, for picking up equity stake of anywhere between 26% and 40% in new plants in India.
【Mumbai】In what seems to signal a rebound in realty fund activity in India after a lull in the last 12 months, the country's real estate sector is expected to see fresh investments to the tune of $1.5 billion in residential deals by exclusive real estate funds in the financial year 2010-11, three times more than the total quantum that such funds invested in FY 2008-09.
【Chennai】Unity Appliances Ltd, an offshoot of consumer durables major Videocon group, plans to set up a greenfield plant in Tamil Nadu to manufacture electronic appliances and components including TV, LCD and plasma display panels, refrigerators, washing machines, air-conditioners and even mobile phones.
【バンガロール】Surya Vijayanagar Steels and Power Ltd(SVSPL)は２万クロー(US$43.4億)を投じ、カルナタカ州北部のBagalkot県に年産５００万トンの総合鉄鋼プラントと５００MW(ﾒｶﾞﾜｯﾄ)の自家発電施設を建設する。（...続きを読む）
◆Surya Vijayanagar plans 5mt steel plant in Karnataka
【Bangalore】Surya Vijayanagar Steels and Power Ltd plans to establish a five million tonnes per annum (mtpa) integrated steel plant, along with a 500 MW captive power plant in Bagalkot district in north Karnataka at an investment of Rs. 20,000 crore($4.34b).
◆India Inc investments more than double in 3 years
【Mumbai】The investment growth of top 25 industrial houses, chosen according to sales numbers, shows the growth rate increased from 56.1% in 2007-08 to 58.1% in 2008-09 and their aggregate investment numbers more than doubled in the three-year phase.
◆Karnataka approves 37b investments, to set up Japanese village
【Bangalore】The Karnataka Government, which has approved investments to the tune of Rs 1,70,000 crore ($36.89b) from mega industrialists and about Rs 750 crore ($162.75m) from small and medium enterprises in the last few months, is planning to set up a 1,000-acre 'Japanese village' which will house Japanese industrial and business establishments.
【Bhubaneswar】The Orissa government on January 16 decided to seek a referendum on Posco-India's 12-million-tonne steel plant in the state in view of fierce local opposition. The decision seems to push the project back further.
◆Tata Steel-Sasol plans $10-bn coal-to-liquid fuel unit in Orissa
【Bhubaneswar】Tata-Sasol, a 50:50 joint venture between Tata steel the South African company Synfuels International, has given a proposal to the Orissa government to set up a coal-to-liquid fuel facility in the state with an investment of $10 billion.
【ニューデリー】インド政府は外国直接投資(FDI)認可規則の緩和を準備している。目下のところ６００クロー(US$1.302億)を超える投資プロジェクトは経済問題閣僚委員会(CCEA: Cabinet Committee on Economic Affairs)の最終認可を必要とするが、産業政策振興局(DIPP:Department of Industrial Policy and Promotion)は同上限を１０００クロー(US$2.17億)から１５００クロー(US$3.255億)の間の適当な額に引き上げるよう提案している。（...続きを読む）
◆FDI norms to be relaxed
【New Delhi】The government of India proposes to ease the norms for foreign direct investment (FDI) approval. At present, projects worth more than Rs 600 crore ($130.2m) require the final approval of the Cabinet Committee on Economic Affairs (CCEA). The department of industrial policy and promotion (DIPP) has proposed that this ceiling be raised to anywhere between Rs 1,000 crore ($217m)and Rs 1,500 crore($325.5m).
【Chennai】The Indian government is negotiating a Comprehensive Economic Cooperation Agreement (CECA) with Japan and also a trade and investments agreement and these are at an advanced stage..
【コルカタ】公共部門の鉱山会社National Mineral Development Corporation (NMDC)とTata Steel Ltd(TSL)は、国内および国外の鉱山の買収や開発、国内における製鉄所の建設等の領域で協力することで合意、２２日関係覚書を交換した。（...続きを読む）
◆NMDC & Tata Steel form JV for mining and steel making
【Kolkata】Public sector mining major National Mineral Development Corporation (NMDC) and Tata Steel on January 22 signed a memorandum of understanding to explore opportunities for acquiring and developing mines in India and abroad besides venturing into setting up of greenfield steel plant in India.
【Bhubaneswar】The Vedanta Group has already decided to take Larsen & Toubro as a partner for the proposed steel project in Orissa. The group's chairman Anil Agarwal revealed after after meeting chief minister Naveen Patnaik on January 22.
◆Auto industry heading towards excess capacity by 2012
【New Delhi】According to Fitch Ratings, by 2012, the existing players in the market are expected to add 0.9 million units to the 2.6 million units capacity of the passenger vehicle segment and 0.6 million units to the 0.75 million units capacity of the commercial vehicle segment. However demand is only expected to grow by 10-12 per cent every year.
【アーマダバード】韓国政府が１００％出資するKorea Land & Housing(KLH)、旧社名Korea Land Corporation(KLC)は、グジャラート州南部のGujarat Vittal Innovation City (GVIC)内に『韓国工業コンプレックス＆テクノロジー・ゾーン(KICTZ:Korean industrial complex and technology zone)』を開発する。インドのManmohan Singh首相と韓国の李明博(Lee Myung-bak)大統領は２７日、同プロジェクトが二国間の貿易と投資を飛躍的に加速させるとの共同声明を発表した。http://www.seanewsonline.com/seanews/fulltext/43049.htm（...続きを読む）
◆Korean industrial park to accelerate bilateral trade
【Ahmedabad】The Korea Land Corporation(KLC), now Korea Land & Housing, 100 per cent owned by the Govt of Korea, is setting up a "Korean industrial complex and technology zone" in south Gujarat at Gujarat Vital Innovation City (GVIC). The project is expected to accelerate the bilateral trade and investment linkages between the two countries in a big way, says a joint statement issued by Prime Minister of India, Manmohan Singh and Lee Myung-bak, President of the Republic of Korea (ROK) on Wednesday.
◆Korean President abandons to visit Posco's plant site
【New Delhi】Lee Myung-bak, President of the Republic of Korea (ROK), who was the chief guest at this year's Republic Day celebrations and had evinced an interest in visiting Posco-India's proposed plant site near Paradip and participate in the "ribbon cutting" function, could not come to the area, as the situation was not conducive for his visit.
◆Construction for Tata's Orissa project within two months
【Jamshedpur】The construction work of Tata Steel Limited 's six million integrated greenfield plant at Kalinganagar in Orissa will start within the next two months, the company's managing director, HM Nerurkar on January 26 told company workers while unfurling the Tricolour on the occasion of 61st Republic day function at its premises in Jamshedpur, Jharkhand.
【ニューデリー】石油天然ガス省は、探査開発活動に対するより多くの奨励措置を新年度予算案に盛り込むとともに、喩え州政府の意向に反しても、燃料を『商品サービス税(GST:goods and services tax)』適応対象品目に加えるよう大蔵省に要求した。（...続きを読む）
◆More E&P sops, fuels under GST; Petromin
【New Delhi】The petroleum ministry has made a strong case for giving oil & gas producers and refiners a slew of tax breaks in the forthcoming Budget and including auto and jet fuels in the proposed goods & services tax (GST), against the wishes of state governments.
◆Haldia Petrochemicals to reopen with higher capacity
【Kolkata】Haldia Petrochemicals (HPL), which shut down the naphtha cracker plant in November last year to commission the Rs 1,230-crore ($266.91m) Project Supermax, is all set to reopen by month-end with higher ethylene capacity.
◆Indian arms of foreign firms now can reinvest internal accruals
【New Delhi】Indian arms of foreign firms now can reinvest internal accruals in downstream sectors. The reinvestment amount is reckoned as debt and complies with relevant external commercial borrowing (ECB) norms.
【Mumbai】Tata Steel's board on January 28 approved a framework for a Joint Venture between Tata Steel Limited (TSL) and Nippon Steel Corporation (NSC) for the production and sales of automotive cold-rolled flat products at Jamshedpur, Jharkhand.
【New Delhi】State-run Hindustan Petroleum Corp plans to invest Rs 25,000 crore ($5.4b) in setting up a 15 million tonnes a year refinery anywhere between Mumbai and Goa on the west coast and is mulling to make up for space constraint that its Mumbai refinery faces at present.
【チェンナイ】東芝が７５％出資するToshiba JSW Turbine and Generator Pvt Ltd(TJTG)は来年１月から超臨界圧火力発電所用の中・大型スチーム・タービンと５００～１０００MW(ﾒｶﾞﾜｯﾄ)の発電機の製造を開始する計画で、当初の地元部品使用率は約２０％になる。http://www.seanewsonline.com/seanews/fulltext/43075.htm（...続きを読む）
◆Toshiba JSW to make steam generators from next January
【Chennai】Toshiba JSW Turbine and Generator Pvt Ltd, in which Toshiba Corporation of Japan holds a 75 per cent stake, intends to start production of mid-to-large-sized steam turbines and generators ranging from 500 MW to 1,000 MW, for highly efficient super-critical thermal power plants in India from next January with a local content of about 20 per cent.
【ニューデリー】日本の超音波医療機器メーカー、Aloka等５社がタミールナド州Chennaiに開発されるTrivitron Medical Technology Parkへの進出を決めたことから、これらの企業が操業を開始する際には、超音波装置や心臓病診断機器等の先端医療機器の価格が輸入品に比べ２５～３０％下降する見通しだ。（...続きを読む）
◆The cost of high-end medical devices may fall by 30%
【New Delhi】Japan-based inventor of medical ultrasound technology, Aloka and four other specialised global medical technology players have been roped in the recently launched Trivitron Medical Technology Park in Chennai. The cost of latest versions of medical devices like ultrasound systems, cardiac diagnostics could fall by 25 to 30% compared to their imported counterparts in the domestic market, once they start manufacturing and rolling out products.
【Mumbai】Quippo Telecom Infrastructure Ltd (QTIL), a joint venture between Quippo and Tata Teleservices Ltd, on February 4 said it has a capex requirement of up to $4 billion over the next two years to double its tower base to 60,000.
【ニューデリー】Samsung Engineering India (SEI)はインド・オフィスを、インド国内だけでなく海外のプロジェクトも手がける総合的な研究開発(R&D)センターに転換するとともに、電力、鉄鋼、肥料、オフショア・サービス事業に進出する計画だ。（...続きを読む）
◆Samsung Engg to enter into power, steel and offshore sectors
【New Delhi】Samsung Engineering India (SEI) is planning its entry into power, steel, fertilizer and offshore sectors, besides converting its India office into a full-fledged research and design (R&D) centre to handle projects not only in India but also abroad.
【バンガロール】カルナタカ州に８０００クロー(US$17.36億)を投じて総合的鉄鋼プラントを設けることを計画するKIOCL Ltd(旧社名Kudremukh Iron Ore Company Ltd、鉄鋼省が完全出資)は、プロジェクト出資パートナーの予備選考を完了した。（...続きを読む）
◆KIOCL shortlists partner for steel plant in Karnataka
【Bangalore】KIOCL Ltd (formerly Kudremukh Iron Ore Company Ltd), a wholly state-owned enterprise operating under the Union steel ministry, has shortlisted an equity partner for its proposed joint venture for setting up integrated steel plant in Karnataka at an estimated investment of Rs 8,000 crore($1.736b).
【ニューデリー】インド政府は、米国原子力設備業者の製造拠点として、インド亜大陸の両岸に位置するグジャラート州Chhayamithi Virdiおよびアンドラプラデシュ州Kovvadaをリストアップした。GE-Hitachi Nuclear Energy(GHNE)とToshiba-Westinghouse Electric combine両社は、目下いずれの地を選ぶか検討している。（...続きを読む）
◆GE-Hitachi eyes Gujarat site for n-plant
【New Delhi】The Indian government has earmarked the two sites, Chhayamithi Virdi in Gujarat and Kovvada in Andhra Pradesh, for reactor vendors from the US. The GE-Hitachi Nuclear Energy and Toshiba-Westinghouse Electric combine are in contention for these sites on either coast.
【クルティ】Pohang Iron and Steel Company(Posco)は、Steel Authority of India Limited (SAIL)と合弁で西ベンガル州Burdwan県Kultiの工業区に総投資額１万クロー(US$21.7億)の鉄鋼プラントを設けることを提案した。（...続きを読む）
◆Posco proposes to set up $2.17b plant with SAIL
【Kulti】Posco(Pohang Iron and Steel Company) has offered to set up a Rs 10,000-crore ($2.17b) joint venture plant with Steel Authority of India Limited (SAIL) in the industrial town of Kulti, Burdwan, West Bengal.
◆Surya Roshni to set up a 5 MT steel plant in Karnataka
【New Delhi】Lighting major Surya Roshni Ltd is planning to invest Rs 20,000 crore ($4.34b) in the next few years for setting up a steel plant with a capacity of 5 MT per annum and a 1,000 MW power plant, both in Karnataka.