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Home » Government » Global Investors Meet » MoUs signed during Global Investors Meet 2010, Bangalore

MoUs signed during Global Investors Meet 2010, Bangalore

June 11, 2010 by Raggi Mudde

The Global Investors Meet (GIM) was held in Bangalore, Karnataka for 2 days on June 4 and June 5, 2010. The mega event started off with a grand start, fuelling hopes of an economic revival not just for Karnataka but for the entire nation.

At the end of GIM, the state signed 358 MoUs. The steel sector invested Rs 221,244 crore, the cement industry Rs 36,991 core, and the power sector Rs 25,214 crore.

Memorandum of Understanding (MoU) Signed

CompanyProposed Investment (in crores)Investing In
Arcelor Mittal Rs 30,0006 million TPA Integrated steel plant and 750 MW power generation.
Brahmani Industries KarnatakaRs 36,0006 MTPA integrated steel plant with captive power plant in Bellary. In Phase 1, 1.9 million TPA with a captive power plant of 68 MW capacity.
Bhushan Steel Rs 27,9286 MTPA integrated steel plant with 600 MW co-gen project.
BEMLRs 316Manufatcture of aircraft components/assemblies and MRO activities related to aerospace applications at aerospace SEZ.
City View Bangalore PropertiesRs 971Hotel, office space and serviced apartments.
Dynamatic Technologies Rs 465.80Manufacture of aerospace components.
Hazira SteelRs 17,760Carbon steel products 6 MTPA capacity in Bagalkot.
HALRs 2,095Establish a financial city.
Software development centre and employees’ residential facility.Rs 997Manufacture of aircraft components/assemblies and MRO activities related to aerospace applications at aerospace SEZ.
Infosys Technologies Rs 2,2502 Software development centres in Bangalore
Jindal Saw Rs 130.88Steel pipes and coating plant.
JSW Steel Rs 15,131.70Fluorescent tube lights, CFL, GLS lamps, PCB & LED lamps.
Manufacture of TPE 331 engine and engine components, ring rolling, fan cases, welded structural assemblies, maintenance, repair and overhaul of civil aircraft/engines and manufacture of helicopters. Investments will be in Bangalore.Rs 234Fabricated structural products of iron and steel (except rolling shutters)
Kalyani Steels Rs 148.71Low ash metallurgical coke and power plant
Lafarge India Rs 1,5003 MTPA cement plant and 43 MW coal-based thermal power plant.
MRPLRs 15,798Enhancing oil refinery from 9.69 MMTPA to 15 MMTPA.
Narayana Hrudayalaya Rs 9905,000-bed super speciality hospital, star category hotel and serviced apartments in Bangalore.
Nestle IndiaRs 349.23Instant noodles, mixed condiments and seasonings.
Nandan Bio MatrixRs 96To enhance the installed capacity of the steel plant at Bellary from 10 million tonnes to 16 million tonnes in Bellary.
PoscoRs 30,0006 million tonne steel plant in Bagalkot.
Premium Farm Fresh ProduceRs 208Private wholesale market for fruits and vegetables.
Rajashree Cements Rs 3,000Ready-made garments for export.
Shree Renuka Infra ProjectsRs 5,5001,100 MW thermal power plant in Belgaum.
Surya Roshini Rs 52Bio investment eco-industrial zone.
Scotts Garments & Bombay Rayon FashionsRs 682.67Software development centre and employees’ residential facility.
Shahi Exports Rs 533.18Weaving, textiles and readymade garments.
Shell Technology IndiaRs 1,376Technology centre for oil & gas related activities.
Trishul DevelopersRs 119.315-star hotel, office space & serviced apartments.
Tokai Rubber Auto PartsRs 63Manufacture rubber products/automobile ancillary components.
UB GroupRs 45Manufacture beer.
Vishwaraj Infrastructure Pvt Ltd Rs 4,100Enhance the production capacity of the cement plant from 4.20 million TPA to 8.45 million TPA and the captive power plant from 58.5 MW to 188.5 MW.
Enhance the production capacity of the cement plant from 4.20 million TPA to 8.45 million TPA and captive power plant from 58.5 MW to 188.5 MW.Rs 5371,000 MW gas-based power plant and development of composite industries.

Also see

  • Global Investors Meet 2010, Bangalore
  • Sector Wise breakup of MoUs signed
  • Highlights of few MoUs
  • What leaders had to say during GIM

Filed Under: Global Investors Meet Tagged With: Arcelor Mittal , Global Investors Bangalore, Lakshmi Niwas Mittal, MoU

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