Showing posts with label Industries. Show all posts
Showing posts with label Industries. Show all posts

Wednesday, September 29, 2010

150 acres of Industrial/Agricultural Land needed in Coimbatore-Trichy Belt

Isgec John Thompson (IJT), a division of Saraswati Industrial Syndicate Ltd and Foster Wheeler North America Corporation, US, is planning to set up a manufacturing facility for sub-critical and super-critical boilers in Tamil Nadu.

The greenfield project is likely to see an investment of around ' 800 crore.

"We are looking for around 150 acres of land in the Tiruchy-Coimbatore belt. This is our priority stretch. If we are unable to get the land, our second option will be the Dahej special economic zone in Gujarat," said SP Singh, senior vice president � marketing, IJT.

The company already has a manufacturing facility in the Dahej SEZ. The proposed plant will have an initial annual capacity of 4,000 Mw and can be increased to 8,000 Mw.

If you have this land, please contact for mutual benefit. We (Coimbatore247.com) are publishing this news for the benefit of Coimbatore and its improvement.

If we don't act soon, we will loose the industrial opportunity, employment opportunity to Gujarat.

Thursday, March 11, 2010

Texmaco Engineering to invest in Coimbatore for crores

Texmaco Engineering - the NRI-backed venture would invest Rs 2,200-crore to establish greenfield plants to manufacture agro and industrial machinery apart from alloy steel, forging and other auto components.

The projects are to be set up by the Indian arm in Coimbatore and Sivaganga districts. This is a next large project after Videocon setting up plant in Manacoimbatore for TV production.

Melur in Coimbatore is one such location, where 500 acres has been earmarked for the alloy steel project, that would have a capacity to produce 3 lakh tonnes of alloy, special and stainless steel.

These are notable and significant investments in Coimbatore and around Coimbatore (Southern districts of Tamil Nadu).

Sunday, December 7, 2008

Coimbatore - SPEED 2008

Leading industrialists and senior Government officials had brainstorming sessions at the SPEED conference (Southern Prosperity through Enhanced Economic Development), organised by the CII Coimbatore Zone on December 5 and 6.

Read more here

Saturday, April 26, 2008

Rise in prices of steel and cement: Coimbatore, Coimbatore

Continuous rise in price of steel and cement in tamil nadu, gives lot of pressure for Building projects in Coimbatore.

Coimbatore builders seek government help to curb prices of steel and cement in tamil nadu.

read more in hindu b u s i n e s s

TAFE, Coimbatore - introduces bio diesel tractor

Tractors and Farm Equipment (TAFE) on Friday said its entire sub 100 HP range of Massey Ferguson tractors, but one, has been made compatible for use with bio diesel.

TAFE is one of the world's largest manufacturers of tractors and sells about 80,000 units a year that it produces at various plants in Chennai, Kalladipatti (Coimbatore), Doddabalapur (Bangalore) and Mandidheep (Bhopal).

Friday, April 25, 2008

More Power for Southern Districts of Tamil Nadu: Coimbatore and other districts

The cabient Thursday approved setting up a 1,000 MW coal-based thermal power plant at Tuticorin in Tamil Nadu, which will meet the rising demand of the southern region.

The plant would be set up by NLC Tamil Nadu Power Limited, a joint venture of the Neyveli Lignite Corporation (NLC) and the Tamil Nadu Electricity Board (TNEB).

Saturday, April 19, 2008

Exponential growth in Coimbatore

Sponsored by OruAcre.com



THE industrial and textile city of Coimbatore is in the throes of a big change. For the past three years, it has witnessed ceaseless activity in every area � real estate, foundry, engineering industry, civil aviation, information technology, textiles, hospitality, health care, education and poultry farming. However, the resulting economic boom has brought in its wake a host of problems, and the optimistic mood that prevailed earlier is now tempered with caution.

If the six-laning of the arterial Avanashi Road and the cutting down of hundreds of trees lining the road for this purpose are the most visible form of activity, there are numerous entrepreneurial activities taking place quietly. For instance, the construction of a massive Trade Fair Complex with five halls and with a total built-up area of 30,000 square metres. Two halls, big enough to hold industrial exhibitions, and a food court of international standards are the latest additions. The Trade Fair Complex is the flagship project of the Coimbatore District Small Industries Association (CODISSIA). It is gearing up to host the biennial Industrial Technological Fair from February 1 to 6. About 450 participants are expected to showcase different types of CNC machines, hydraulic presses, general engineering machinery, welding machinery, construction equipment, gearboxes, motor pumps, and so on. Fourteen foreign countries are also participating.

C. Muthusami, the low-profile president of the association, said: �CODISSIA is the first district association in India to own a trade fair complex. The complex is spread over 40 acres. The entire complex has been built without any assistance from the government. The first phase, which involved the construction of three gigantic halls, was completed in just 155 days.�

In April, Suguna Kalyana Mandapam will host a �Made in Coimbatore� exhibition organised by the Lions Club of Coimbatore Gems. The city has pioneered many products � wet grinders, household appliances and domestic and irrigation pumps, to name a few.

�What is not made in Coimbatore?� asked N.S. Kumar, chairman, Yenyeskey Machine Tools, Coimbatore, who is striving to make the exhibition a success. �The people of Coimbatore themselves do not know the range of products made here. Wet grinders were first made here. Different types of textile machinery have their origins in Coimbatore.� If there was hype about Coimbatore being the second information technology hub in Tamil Nadu after Chennai, it is becoming a reality. After a delay of about 15 months, the first steps have been taken for the construction of TIDEL Park, Coimbatore (TPCL). It is a joint venture of the Tamil Nadu Industrial Development Corporation (TIDCO), the Electronics Corporation of Tamil Nadu (ELCOT), the TIDEL Park and the Software Technology Park of India (STPI). The success of the TIDEL Park in Chennai has encouraged its promoters to build a second TIDEL Park, in Coimbatore, which will be a massive plug-and-pay building complex for IT companies. It will have three basements, ground floor and four upper floors, a total built-up area of 1,61,500 sq m. Bids have been invited for building this sophisticated complex with civil and allied works at an estimated cost of Rs.140 crore. The complex will come up at ELCOT�s Special Economic Zone (SEZ) for IT at Vilankurichi.

Sourcing from hikrish and hindu

Friday, April 18, 2008

New Airlines in Coimbatore - Air Dravida - New Airlines/Flight Investment in Coimbatore

New Airlines in Coimbatore - Air Dravida - New Airlines/Flight Investment in Coimbatore

Air Dravida to be set up with an initial investment of Rs 110 crore would start three flights in Chennai-Coimbatore sector from July end, its Executive Director Ramachandran Iyer told newspersons here last night.

He said while Rs 40 crore of the initial investment would be infused by the company promoters, the remaining Rs 70 crore would be raised through debts and private equity routes.

The airliner, a division of Premier Tours and Travels (Chennai) Pvt Ltd, within two months of its operations would add two more flights to expand its service in South India.

It is going to be 50 seater Bombardier aircraft from Chennai to Coimbatore.

Sourcing from Economic Times

Chennai Tidel Park and Coimbatore IT Park

Looking back at the Tidel Park built in Chennai, we wanted to see at a glance what are the features currently existing in Chennai Tidel Park.
In future, hopefully much more than these would be available at Coimbatore IT Park.

About TIdel Park:


A workplace well connected to every part of the city, professional services, security, medical and recreational facilities, banking and more�

TIDEL Park offers a plug and play environment that allows businesses to thrive in an industry where some things must be taken for granted - a failsafe physical infrastructure, highly qualified manpower, amenities and facilities � right in the heart of Chennai city.


Tidel Park at a glance


0) Inaugurated on July 4, 2000
1) Build up area : 1.28 million Sq.ft. - State-of-the-art facilities
2) Located in the heart of the City on the six-lane express way
3) India's single largest IT Park.
4) Ample parking space
5) An ISO 9001 / 14001 Company
6) Connectivity - High speed data / voice communication backbone by multiple service providers
7) Recreation facilities
8) 100% back up for power & communication facilities
9) IBMS facility connected to all key utilities.
10) Video Conferencing facility
11) World's 3rd largest TES systems for ACMV
12) 24 x 7 service to occupants.
13) Most of the space occupied by multinational companies.
14) More than 12,000 software professionals employed in the Park
15) Well equipped Auditorium / Conference Halls for the use of occupants and other trade organisations.
16) Premises & Facility management by multinational Agency.
17) Facilitation / Consultancy Services for new JVs in IT infrastructure projects.

Tuesday, April 15, 2008

Coimbatore Spinners Associaion say NO to Cotton waste export

The Coimbatore Spinners Association has called for halting export of cotton waste as it had an adverse impact on the industry resulting in closure of units.

After changes in the technology, cotton wastes gained value-addition. Many subsidiary units with two and three open spinning frames with investment in the order of Rs. 1 crore in small scale industry emerged employing a large work force.

He said that at present, owing to a scarcity of short staple fibres, open end spinners across the country were behind cotton waste generated in spinning mills.

Read more

Saturday, April 12, 2008

Salem District to become Sandalwood capital: Analyzing other districts than Coimbatore

Salem District Profile

Two existing depots of Sandal wood in the country are Sathyamangalam and Tirupattur. Since two existing depots of Sandal wood in the country is going out of stock, Salem is being demanded more sandal wood.

Salem depot has 560 tonnes of sandal logs worth about Rs 224 crores. This seems to be on the way to have Salem as the sandal wood production and distributor of the country, in a major way. Sandal wood is in high demand and it is very expensive. it is needed all across the world.

Security is the only issue, in terms of growing Sandal wood production in the forest. There needs to be improvement in controlling Smuggling.

Analyzing districts of tamil nadu, other than coimbatore.

Friday, April 11, 2008

Multi-product SEZ in Tirunelveli: Nanguneri Project: Nearby districts of Coimbatore

A memorandum of understanding to establish a multi-product first Special Economic Zone (SEZ) in Nanguneri, Tirunelveli, was signed in presence of Chief Minister M Karunanidhi at the Secretariat Thursday.

The estimated Rs 15,000 crore project will be implemented by Tamilnadu government with assistance from Tamilnadu Industrial Development Corporation (TIDCO) on 2,520 acres and aims to provide employment to 70,000 people. This is great for both job seekers and for the potential entrepreneurs.

The project would be jointly executed by TIDCO, AMR group of companies and AMRL International Tech City Ltd. The products that would be manufactured here include spareparts for engineering and medical utilities, electrical and electronic products, information technology, along with biological products and transportation units in the first phase.

sourced from news today net. a chennai based english news evening daily!

Thursday, April 10, 2008

Continuing research on Karur: Industry, Profile and Potential: Nearby District of Coimbatore

Karur is also famous for two banks, since early twentieth centuries. The reason I am excited about these two banks is - these banks were started with an initial investment with as low as Rs.1,00,000 on those days - say early 19xx's.

I am impressed by the entrepreneural skills, risk taking personalities and at the most - they have started to help the financial side of agricultural and trade needs at those times.

Hats off to all the people behind these banks birth!

Karur Vysya Bank and Lakshmi Vilas Bank, Karur

Karur Vysya Bank

The year was 1916 when two illustrious sons of Karur, the Late Sri M.A. Venkatarama Chettiar and the late Sri Athi Krishna Chettiar came together to found Karur Vysya Bank (KVB) with an initial capital of Rs. 1 lakh with an avowed desire to support the agricultural and trade activities in and around Karur. In the business of providing exemplary financial service for over 90 years, KVB is today the favorite banker to millions of customers around the country, enjoying a premier position in the banking industry.

Business Landmarks as on 30th September, 2007:

* With a deposit base of Rs. 10916.38 cr. and advances figure of Rs. 7438.68 cr., KVB has recorded a total business of Rs. 18355.06 cr.
* The Net Profit earned by the bank during the first half of 2007-08 was Rs. 91.36 cr.
* The Net Owned Funds of the bank has reached a figure of Rs. 1063.16 cr. as on 31.03.2007. In fact, KVB is the first Tamilnadu based Old Private Sector Bank and the third in the country in this category to cross the Rs. 1000 cr. mark in Net Owned Funds. But the special landmark is that the entire amount is clocked under Tier I capital only.
* The Capital Adequacy ratio is at a healthy 15.42% on the increased asset base as against the RBI stipulated norm of 9%.
* With a record of uninterrupted earning of profits and declaration of dividend, KVB has declared 100% dividend consecutively for the past four years. This year, the bank had declared Rights and Bonus shares to its stakeholder and the dividend of 100% declared for 2006-07 is on the enhanced capital base.

Check out Karur Vysya Bank

The Lakshmi Vilas Bank Limited was founded seven decades ago ( in 1926) by seven people of karur. At present, the bank has a network of 236 branches, spread over 11 states and the union territory of Pondicherry.

The Lakshmi Vilas Bank's business crossed Rs. 8,752 crores as on March 31, 2007. The Bank earned a Net profit of Rs. 17.58 crores. The Net owned Funds of the Bank reaches Rs. 396.08 crores. With a fairly good quality of loan assets the Net NPA of the bank was pegged at 1.58 % as on March 31, 2007 down from 4.98% as on March 31, 2005.

Check out Lakshmi Vilas Bank

Coimbatore to contribute to TN(Tamil Nadu) software exports in year 2009

The special economic zones for IT-ITeS industry in Coimbatore, Coimbatore, Tiruchirapalli, Salem, Tirunelveli, Hosur and Vellore announced by the state government were with an intention of increasing the software exports, Tamil Nadu State Chief Minister Karunanidhi said.

Tamil Nadu's software exports are expected to cross Rs 26,000 crore during the current fiscal, state Chief Minister said in Chennai. Rs 14,400 crore in 2005-06, rose to Rs 20,700 crore during the previous fiscal.

It is expected to rise again to Rs.26000 Crore for the year 2009.

Read more here

Boost Refined Cotton Exports and Textile Park in Coimbatore

Boost Refined Cotton Exports and Textile Park in Coimbatore near Vadippatti, Coimbatore

Tamil Nadu Government and Central Government of India are planning to boost the production of refined cotton products in Coimbatore.

Due to uncontrolled exports of raw cotton to various countries, the production of refined cotton products is affected. The weavers are not getting enough raw cotton.
This is mainly felt in Karur and Tirupur too.

Union Minister of State, Mr.E.V.K.S. Elangovan announced that another textile park would come up in Coimbatore at a cost of Rs 70 crore, the funds for which had been allocated by the Centre. The state should select a site to set up the park. A site had already been selected at Vadipatti for another park in Coimbatore district at a cost of Rs 30-40 crore.

Please read more at Economic Times

Wednesday, April 9, 2008

Karur District Profile and Industrial Potential: Coimbatore Machan reports



Karur Profile: near-by district of Coimbatore

Karur is exactly located at the center of the tamil nadu state. You will be amazed to see the amount of export Karur does in a year and to the places in different parts of the world. I was stunned to read that Karur exports to Walmart, IKEA, Target etc., 90% of the buses in South India are built in Karur!!

-Coimbatore Machan!

Karur Economy

Agriculture

The main crops are Paddy, Banana, Sugarcane, Battle leaf, Grams&Pulses, Topicco, Kora grass, Groundnuts, Oilseeds, Tropic-Vegetables, Garland Flowers, Medicinal Herbals etc.,.

Home textiles

Karur is famous for its home textiles. Karur has a niche in five major product groups � bed linens, kitchen linens, toilet linens, table linens and wall hangings. Overall Karur generates around Rs.6000 crores ($1200 million dollars a year) in foreign exchange through direct and indirect exports. Allied industries like ginning and spinning mills, dyeing factories, weaving etc employs around 300,000 people in and around Karur.

On the international textile map Karur has become synonymous with hand-loom �made-ups� first as Tirupur in the hosiery product. The weaving industry came to Karur from Kerala and has earned a reputation for its high quality hand-loom products today. Hand-loom Exports from Karur began on a modest scale with just 15 exporters in 1975 and today Karur has 1000s of exporters and the products are supplied to world leading chain stores like WalMart, Target, IKEA, Ahlens etc.

The hand-loom products being exported have been broadly classified under three heads viz., kitchen, bathroom and bedroom furnishing items. Some of the hand-loom made-ups exported from Karur are Bedspreads,Sheet sets, Towels, Floor rugs, Tea towels, Napkins, Aprons, Kitchen towels, Pot holders, Plate mats, Bathmats, Tea mats, Curtains, Pillow, Quilt covers, Shower curtains (above 500 classified verities).

Paper

TNPL is promoted by the Government of Tamil Nadu with loan assistance from the World Bank. Today TNPL is the largest producer of bagasse (sugarcane waste from Sugar mills) based paper in the world and the 2nd largest paper producer in asia. TNPL produces 230,000 tons of Printing & writing paper and consumes 1 million tones of bagasse every year.

Bus body building

Karur is a renowned centre for bus building industries. This is a unique feature of Karur and almost 90% of south Indian private bus bodies are being built here.And also Karnataka government buses. The total business is estimated to be around Rs.750 crore per annum.

Cement

Karur is also home to Chettinad Cements. It has an installed production capacity of 600,000 tons per annum, with another 1.1 million tons expansion in the pipeline.

Sugar

EID Parry has a sugar factory in Pugalur, Karur. It has a capacity of 4000 TCD per year. It also has a 22 MW co-generation Power plant, with TNPL.

Banking

Karur is the home town of India's oldest private scheduled banks, The Karur Vysya Bank and The Lakshmi Vilas Bank.

NYLON NETS

HDPE filament and associated product manufacturing. Its mainly for the fruit fields of Himalayas & north-east. Above 50% of nylon nets in India are made in Karur.

GEM STONES

The Karur belt also produces some very good Cats eyes, Feldspar, Moonstones, Aquamarines, Quarts, Sapphires, Jasper and beryls.

sourced at - w i k i p e d i a

CII Coimbatore Zone

CII Coimbatore Zone was started in the year 1993, covering all the 8 districts of South Tamil Nadu namely, Coimbatore, Dindigul, Theni, Sivagangai, Ramanathapuram, Virudhunagar, Thoothukudi, Thoothukudi & Kanyakumari. Coimbatore is very popular for its rubber & its allied industries.

Coimbatore has long been a laggard in industrial development as compared to other parts of Tamil Nadu and India. Other industries which are more familiar in this region are Agriculture, auto component manufacturing, logistics & shipping, chemicals, textiles etc.,

In addition to the above mentioned industries, Tourism industry is an important sector which attracts large number of both foreign & domestic tourists to this region. Starting from Meenakshi Amman Koil in Coimbatore to the Kanyakumari at the tip of the country there are a large number of tourist attractions in this region.

Coimbatore is also home to a large number of health care industries, specially Aravind Eye Care System, which is an international eye-care hospital, research and training institute that provides quality and affordable eye health care to all, and an organisation which develops high-volume, low-cost service models for deployment in India and developing nations.

South Tamil Nadu is specially called as the Oxford of South Tamil Nadu as there are a lot of education institutions in this region. With 3 universities of world class education and around 120 engineering colleges & 235 arts & science colleges, South Tamil Nadu generates a major chunk of the professionals for the nation.

CII Contact

Confederation of Indian Industry
Coimbatore Zone
Plot No 518
4th Main Road (1st Floor)
K K Nagar
Coimbatore - 625020

Phone: 0452-4391424 /2522743
Fax: 0452-2521705
Email: ciicovai@airtelbroadband.org


Sourcing from CII inayathalam.

BUSINESS POTENTIAL OF MADURAI

BUSINESS POTENTIAL OF MADURAI

� South Tamil Nadu contributes around 17% of State GDP
� Coimbatore Zone is considered as the Gateway to Culture & Heritage and Home for Rubber & auto component industries.
� Sivakasi & Virudhunagar are the centres of world famous Printing & Fireworks manufacturing industries
� South Tamil Nadu is the home for Textiles Industries
� Thoothukudi is considered as the Hub port of this region with ocean connectivity to all countries in the world.
� South Tamil Nadu is also the destination of retail industries cutting across segments from Textile Showrooms to Food industry
� South Tamil Nadu has started to attract investments in the IT industry in the recent years with 2 Tidel Parks to be started in Coimbatore and 1 Tidel park at Tirunelveli.

Source: CII

Tuesday, April 8, 2008

Coimbatore's Potential Lost in past

What do you know about Coimbatore-TamilNadu?

You may know - Coimbatore is known as :
ATHENS OF THE EAST
TEMPLE CITY OF INDIA
LAND OF NECTARS etc...

You may Know - Coimbatore is famous for its :

Meenakshi Temple
Tradition and Culture
Fragrant-smell JASMINE Flowers
Granite Marble stones
Tasty Food etc.,

While asking experienced people - they'll reply :

Coimbatore lacks Industrialization so lost millions of its native people to other cities.

That is real truth ! Did you know one thing ?

Our Temple city Coimbatore is losing nearly 40,000 Graduates every year to other cities like Chennai, Hyderabad, Bangalore, Mumbai and losing 50% of its Man-power to the industrialised cities like Coimbatore, Tirupur and Erode due to Unemployment.

Just Imagine the status of our city if those people remained here for work! None of the previous Governments took efforts to develop the Historic temple city. We had lost a Second MetroPolitan city of TamilNadu - YES !!! - Our Coimbatore might have become a Metropolitan city some decades ago next to those 4 Cities like what PUNE,BANGALORE,HYDERABAD is now emerging!! If there was a proper Governance and Good Local Administration.

But Taking its Potential into account - Our Present State and Central Governments had come forward atlast to develop our City Coimbatore right now.

Do anyone of you know its results ?

MADURAI is the only Tier-II City which attracted the Investments for More than Rs.50,000 Crores in the last two years which is now equal to the same power of Metros and Mini Metro cities of India.

Since this article is about improvement of Coimbatore, sourcing it from another coimbatore well wisher - coimbatore gilli - all for wellness of Coimbatore!

Real Estate boom in Coimbatore: Construction Builders in Coimbatore: Townships in Coimbatore

Sponsored by OruAcre.com

Coimbatore is active in property development with a plethora of developers coming up with residential projects, reshaping the concept of quality living in the city with a hoary past.

The presence of many builders in itself is indicative of the growing strength of the activity in different parts, engaged as they are in building multiple residential fiats, retail malls and fully integrated townships. Coimbatore is emerging as a model with all modern and international facilities for every section in the society have their �dream house� fulfilled.

With leading IT companies such as Satyam, HCL acquiring lands for developing their centres, the Government intent on developing Coimbatore as a tier II city to facilitate the IT sector and industry bodies coming up with plans to industrialize the region, the activity has gained in momentum.

The activity gaining in momentum, year on year, the property value is escalating with the sons of the soil wishing to hold a modern space for themselves in the Meenakshipattinam. The new homeowner is young these days with prospects of further investment in their life cycle.

Emerging developers Genesis Habitat is armed with multiple credentials on adoption of global standards and technology has over 15 years of experience as a construction firm. TV ie company is very active, especially in Chennai. The projects are undertaken to provide value for money, as a lifestyle product and as an investment opportunity has an ongoing project at KMSL colony at Coimbatore Vairam Constructions, in the field for more than three decades, has successfully completed many projects. It has spread its activities across Tamilnadu.

At Coimbatore, the ongoing project �Vairam Vasandam� is spread over 5 acres with a proposal for over 250 residential flats together with 12 premium independent houses. The company has earlier completed Vairam Kamalam, offering deluxe-type two bedroom flats. �We fulfil all your wishes� has been the proud and guiding slogan of the company with the commitment to provide exclusive facilities at affordable price.

According to Mr.V.Durai Raj, Managing Director, most of the flats are sold at the time of bhumi pooja and the occupants are decent bureaucrats. The Chennai operations is being handled by Mr. Ganesh Durai Raj, his son.

Shiva Shelters, in the field for over a decade, is a renowned residential property developer in Coimbatore. Its successful projects include Sri Vaishnavi, Sri Nidhi and Sri Jannani in K.K.Nagar area and Sri Darshini, Sri Siddhi and Sri Riddhi in Chokkikulam and Tallakulam areas. The ongoing project Shri Vijayalakshmi is located at DRO Colony Road, K.Pudur, Coimbatore.

Sri Lakshmi Builders, with a vision and commitment are active in the Chokkikulam area. Trust�worthiness and strict adherence to approved plan with no hidden cost and affordable price are the hallmark of its functioning. The ongoing projects are Gomathi Niwas, Gowri Vilas and Ashwin Vikas in Chokkikulam area in Coimbatore.

Vishaal Promoters is a private limited company managed by husband-wife duo Mr.R.Elangovan and Mrs.Bhuvaneshwari. The company is engaged in flat promotion, township development and commercial complexes. A township development project, Vishaal Nagar I at Pasingapuram on the highways leading to Alanganallur and Palamedu near Coimbatore, has been completed on a 5-acre site comprising 120 plots for residential purposes. It has single and duplex houses of 350,450 and 550 sq.ft with whole area fully fenced. Currently, the company is engaged both in township development and flat promotion.

Vishaal Nagar II is a project under process at Pasingapuram on an area of 10 acres with a proposal to have 168 residential flats. Three projects on flat promotion, namely, Vishaal Heights, Jagadeesh Elegance and Vishaal Shiv Sakthi, are going on in full swing. While the former two projects are developed in V.P.Rathinasamy Nadar Road, the last one is developed in Anna Nagar. The commercial complex, Vishaal Mall with a total saleable area of 1.25 lakh sq.ft in Chokkikulam is in the initial stage of excavation.

Sintex Industries Limited has two divisions, textiles and plastics. The latter started in the year 1975 has 10 plants and twelve manufacturing processes and is spread across the country with manufacturing capabilities in providing house�hold products. Also, facilities for extensive finishing, assembling, metal fabrication etc have been created. A combination of varied capabilities and tool room facilities have stood the test of time in taking the company to the fore�front in offering vast array of products and solutions.

Sri Sharada Estates, Tirunelveli, established in 1999 offers dwelling places in Tirunelveli. Considering the thrust given by the government and also the experience and accolades earned through earlier projects, the company has now expanded to constructing 120 flats in an area opposite to Tirunelveli New Bus stand.

Property developers in south Tamilnadu, especially at Coimbatore are tire�lessly at work to position Coimbatore for quality living on modern lines and provide for housing to the satisfaction of local demand and emerging development of comfort as industrialization requires in the field.

Source: The Hindu Business Line