Business Daily from THE HINDU group of publications
Friday, Nov 10, 2006
ePaper
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Industry & Economy - Textiles
States - Andhra Pradesh
SIMA to invest Rs 1,200 cr in AP

Our Bureau

Hyderabad, Nov. 9

The Chennai-based Loyal Textiles Mills Ltd and the Coimbatore-based Southern India Mills Association (SIMA) will bring in investments to the tune of Rs 1,300 crore into Andhra Pradesh. The representatives of these entities have signed a memorandum of understanding with the State Government here on Thursday in the presence of Chief Minister, Dr Y.S. Rajasekhara Reddy.

SIMA would invest Rs 1,200 crore in a Rs 650-crore textile park, providing employment to 15,000 people. At least ten SIMA members would join the effort.

More Stories on : Textiles | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
TMB hikes FCNR, NRE deposit rates

Energy meet seeks level-playing field
Indo-Belgium pact approved
Festive season purchases drive up car sales 16 pc in Oct
ARAI to make R&D its main source of revenue
Levy of entry tax on excavators illegal: HC
No let-up
Customs, excise collections up 32.7 pc till Oct
`Industry must brace up for FTA talks'
Mandatory rural posting of doctors
`PCPIR policy may be ready soon'
Goa EDC charts out revival plan
Russia keen to join tri-nation pipeline project
Pharma cos make a beeline to South
`MRP on drugs manufactured after Oct 2 will be inclusive of taxes'
Work on Poly Park gets under way
Bhilwara Energy bags hydro projects
Other States eye KPCL's surplus
SIMA to invest Rs 1,200 cr in AP
Public sector banks' credit flow to SMEs rises
Invest in captive power facility, SSIs urged
Govt tightens security at airports
Chennai airport security beefed up
Four qualities to make an effective manager
De Beers expands search for diamond deposits
Handloom village project launched
Centre okays AP plan for biotech SEZ
Crisil unveils ranking of MFs
Fox group seeks FIPB nod for 100 pc subsidiary
`US framework on IPR unlikely to see changes'
Farm hands log into digital landscape
Shortage of skilled manpower will retard growth: EFI
Mega-Tech 2007 in Pune
Seeking more funds
Kerala Tourism set to launch new ad campaign
`No reprocessing of substandard imported food'

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line