details of some_projects_to_start_in_the_south_region
TRANSCRIPT
Investment Opportunities in South India
Dated : 28th October, 2014
This document is private and confidential and intended for circulation by The Indian Lawyer only.
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INVESTMENT OPPORTUNITIES – SOUTH INDIA
The States in the Southern part of Indiaareturning out to be very promising in terms
ofinvestment potential in the field of construction/ development of Roads, Bridges,
Metro, Inland Waterways and Ports, Power Projects, Energy Projects, Airports etc.
Given below is a glimpse of the investment potential in this region:
Andhra Pradesh:
Two Metro Rail Projects - in Visakhapatnam and VGTM (Vijayawada-Guntur-
Tenali-Mangalagiri) area –State government has proposed a similar venture for
the temple town of Tirupati.
Rs 500 crorewill be given by Central Governmenttowards development of 2,500
MWsolarparks inAndhra Pradesh.
Concept notes for 19 proposed projects (mainly irrigation and roads)have been
prepared on the directions of the state government and forwarded to the Andhra
Pradesh finance department.After a preliminary approval by the state
government, these will be sent to the Centre for final approval.
The major funding external agencies are the World Bank, Asian Development
Bank, Japan International Cooperation Agency, Department for International
Development, United States Agency for International Development, KFW
Development Bank, and Canada International Development Agency.
Asian Development Bank (ADB) has offered to develop industrial nodes with
complete facilities along the proposed Visakhapatnam-Chennai industrial corridor
projects.
ADB country director Hun Kim, met Chief Minister N Chandrababu Naidu and
discussed the plan involving an investment of $ 2.5 billion.
ADB said that it will set up industrial zones in the state within six months.
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Karnataka
Plans To Set Up Centers Of Excellence For Technology Development Project
Plans To Develop The Information Technology Investment Region (ITIR) Project
Steel Plant Project At The Cost Of About INR 9,912 Crore
Road Improvement Project At The Cost Of Rs 700 Crore
Proposed smart cities include:
o Tumkur
o Gulbarga
o Bidar
o Bijapur
o Badami
o Pattadakal
o Mahakuta
Maharashtra
The new government in Maharashtra is likely to stoke a fresh lease of life
ininfrastructureprojects worth Rs 37,118 crorein Maharashtra across sectors such
as highways, ports and shipping and Special Economic Zones (SEZs).
Government of India has given approval for the Rs 14,574 croregreenfield airport
at Navi Mumbai.CIDCOhas commenced the tender process for the project
implementation.
Nagpur Metro Rail project which is coming up with an investment of Rs 8,000
Crore
After the Metro rail project a 50 KM Mono Rail project is also proposed.
Government has an outlay of Rs 2,836 crore for new road projects and Rs 164
crore for the repair, renovation and restoration of water resources in the state
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Tamil Nadu
The major infrastructure projects lined up for Tamil Nadu in areas such as
industry, highways and ports, include:
Madurai-Tuticorin; Salem-Coimbatore; Chennai-Ranipet and Ranipet-Hosur
industrial corridors projects,
Six/eight lane triangular corridors - Chengalpattu-Tuticorin, Tuticorin-Coimbatore
and Coimbatore-Chengalpattu and
Development of ports in Cuddalore, Nagapattinam and Manappad regions.
All these projects are to be executed through PPP mode. On the whole, projects
involve a total investment of Rs. 15 lakh crore in different critical sectors
Kerala
Supplementary Gas Infrastructure Project - The total investment for the project is
estimated at Rs.2,000Crores ($400 million).
Vizhinjam International Deepwater Multipurpose Seaport - The port development
along with the external infrastructure work is envisaged to be carried out in
phases with the cumulative cost estimated at around Rs. 7000 Crores ($1.4
billion).
Kochi Metro Rail Project - The estimated project cost is Rs. 4500 Crores ($900
million).
Monorail Project in Thiruvananthapuram - The total project cost is estimated at
Rs. 3408 Crores ($682 million).
The above list isgeneral in nature and only a few of the proposed projects have been
mentioned here. In case required we can supply a detailed list of industry/ sector
specific proposed projects.1
1 Sources :
http://business.gov.in/investment_incentives/index.php
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Contact Persons:
Mrs Sushila Ram Varma
Chief Legal Consultant
Ph: +91 98111 91142, +91 99492 78548
Email - [email protected] , [email protected]
Mogli S.V
Business Consultant
Ph: +91 78933 37474
Email – [email protected]
http://techcircle.vccircle.com/2013/05/22/mapping-south-indias-top-sectors-register-now/
http://www.investindia.gov.in/biotechnology-sector/
http://investkarnataka.gov.in/
http://www.investingintamilnadu.com/tamilnadu/opportunities/opportunities.php
http://www.apinvest.co.in/
http://business.gov.in/investment_incentives/investment_opp_ap.php
http://www.investindia.com
http://www.makeinindia.com