News
Mahindras pump in Rs 200cr into Hingna tractor plant
Tractor-maker Mahindra and Mahindra (M&M) has pumped in capital investment of Rs200 crore at its 39-year old plant at Nagpur. The process started over a year ago and is nearing an end, with the last unit set to become functional soon.
TOI, 23 May 2013
Tiffany may invest Rs 100 cr in diamond unit in Nagpur’s SEZ
Premier jeweller Tiffany & Co is planning to set up a diamond processing unit in Maharashtra with an investment of about Rs 100 crore. The unit, spread over two lakh sq ft, would be the first major investment in the country.
Business Line, 13 May 2013
Pranab Mukherjee impressed by green Nagpur
For President Pranab Mukherjee this was the first visit to Nagpur after assuming the top post but he had been here earlier over the years. However, on Monday he was impressed by the greenery and wide roads in the city. "How do you people maintain it," an awed Mukherjee asked guardian minister Shivajirao Moghe.
TOI, 30 April 2013
AAI achievement award for Nagpur airport
The Nagpur Airport has received Special Achievement Award 2012-2013 from Airports Authority of India. Airport director AK Verma received it at Delhi on April 1. "This award is the result of a series of upgradations in systems under AAI in Nagpur which was possible due to excellent team work," Verma said upto his return.
TOI, 04 April 2013
Nagpur's Rs12,500 cr draft transport plan ready
The city has taken a major step towards having a proper transport system in the coming years with the Urban Mass Transit Company Limited ( UMTC) submitting the final draft of comprehensive mobility plan (CMP) to Nagpur Improvement Trust (NIT).
TOI, 22 March 2013
Nagpur tops in 4 categories, bags ABP News Best City Award
The results of the ABP News Best City Awards Survey were announced at a glittering ceremony on a three dimensional stage with the 'Who’s Who' cutting across political lines in attendance. The ABP News-Ipsos Best City Research and Rewards running for the first time is the only consumer validated survey and celebrates the best of India’s cities and acts as a benchmark for excellence.
ABP News Bureau, 7 March 2013
Vidarbha gains with Rs3300cr fresh project proposals coming in
As the Advantage Vidarbha meet ended with memorandums of understanding (MoU) for investment to the tune Rs 18644 crore being signed, the region got fresh proposals worth over Rs 3300 crore of investments through 11 projects. These were mainly from the textile sector coming up on Maharashtra Industrial Development Corporation (MIDC) land in Butibori and Amravati as well as one in Yavatmal. Documents signed for the rest are projects which have reached an advanced stage.
TOI, 28 February 2013
Metro region is this year's priority for Nagpur Improvement Trust
With the development plan of metro region nearing completion, Nagpur Improvement Trust (NIT) has started giving equal importance to it along with the areas within the municipal limits. A clear indicator of this fact is the budget for 2013-14 presented on Wednesday.
TOI, 28 February 2013
Advantage Vidarbha a success only if MoUs signed actually materialize
A day after the investors' meet 'Advantage Vidarbha' wrapped up, industrialists expressed satisfaction with government's attitude but hoped that there will be proper follow up on investment proposals. Sunil Gutte, joint managing director of Sunil HiTech Engineers Ltd, said, "My perception of the event was extremely positive. Rs18,000 crore worth of Memorandum of Understanding (MOU) were signed during the event and by any count it is a good number. But I do hope these translate into real investments."
TOI, 28 February 2013
Maharashtra Tourism Development Corporation to pump in Rs 60crore in region
Maharashtra Tourism Development Corporation (MDTC), that has a particularly poor record in promoting Vidarbha tourism, has now lined up Rs 60 crore for the region. This includes Rs 10 crore for developing adventure tourism at Khindsi lake in Ramtek. MTDC will be spending Rs 50 crore on eco-tourism, of which Rs 37 crore will come from the central government, said its managing director Dr Jagdish Patil, during the session on 'Regional tourism: Strategies for growth' in Advantage Vidarbha meet.
TOI, 27 February 2013