Financial Daily from THE HINDU group of publications Wednesday, Mar 22, 2006 |
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Corporate
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Announcements States - Tamil Nadu Jain Irrigation supplies to TN Our Bureau
Jain Irrigation Systems Ltd (JISL), along with two other local irrigation companies, have been empanelled by the Tamil Nadu Government for the supply of drip and sprinkler irrigation systems for 2005-06 and 2006-07. This empanelment would enable Jain Irrigation to participate in a major way in the proposed centrally sponsored and State sponsored schemes which envisage covering totally over 30,000 hectares in a year's time at a value of approximately Rs 120 crore, JISL said in a news release. "The recent acquisition of Terra Agro Technologies Ltd at Udumalpet, Tamil Nadu by Jain Irrigation augurs well with this empanelment, which is set to propel the company many notches ahead of competition besides marking the State in the Micro Irrigation map of the country,'' JISL said. JISL is already involved in the State sponsored micro irrigation scheme in Andhra Pradesh, Gujarat and Maharashtra.
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