Left Menu
Development News Edition

Fuji Silvertech to set up Rs 200-cr plant in Auric-Shendra


Fuji Silvertech to set up Rs 200-cr plant in Auric-Shendra

Fuji Silvertech, Japan's leading precast concrete manufacturing company, will commence the work of setting up its plant in Auric-Shendra node of Delhi Mumbai Industrial Corridor (DMIC) in Maharashtra next week, a senior state government official said on Thursday. The official said Fuji Silvertech has finalized its investment of Rs 200 crore to set up its unit to produce precast concrete products in the Auric-Shendra node of DMIC.

"Fuji Silvertech has finalized its investment of Rs 200 crore in Auric-Shendra node of the DMIC and will provide employment to more than 200 people. A special purpose vehicle- Aurangabad Industrial Township Limited (AITL)- formed to set up this industrial city, has allotted 15 acres of land to the company," AITL Joint Managing Director Gajanan Patil said. Soil testing and other formalities of the allotted plot have been initiated by the company, Patil told PTI.

"A Japanese delegation will visit the place and work will start on November 26 in their presence," he added. Patil said a new allotment process for 11 industrial plots as well as one commercial and residential plot each has been launched.

"The application process will be online and the base rate for the industrial and residential plots will be Rs 3,200 rupees, while it is Rs 4,800 for a commercial plot," Patil said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...

What happens to your outstanding loans if the bank falls?

... ...

Time for a change! Innovations to stop the growing plastic pollution

As the planet is drowning in plastic pollution, many new innovative approaches and solutions have emerged to effectively deal with the menace....

Videos

Latest News

Trump meets Russian official as impeachment charges unveiled

The Oval Office meeting with President Donald Trump on Tuesday was the second for Russias foreign minister. The president of Ukraine is still waiting for his first. Trump sat down with Sergey Lavrov at a moment of high drama in Washington ...

US fines HSBC's private Swiss arm USD 192.4 mn over tax dodging

HSBCs Swiss private banking arm has agreed to fork over nearly USD 200 million in unpaid taxes, improper fees and fines after confessing to helping Americans evade federal taxes, the Justice Department announced Tuesday. HSBC Switzerland co...

Brazil's Bolsonaro moves on land titles for small farmers

Brazilian President Jair Bolsonaro issued a decree on Tuesday that will allow tens of thousands of small farmers to finally gain title to the land they cultivate, making good on a campaign promise to the farm sector that backed his election...

Padres, Diamondbacks to play in Mexico City in 2020

The first regular-season major league games in Mexico City will be played April 18-19 between the Arizona Diamondbacks and San Diego Padres. The league and the Major League Baseball Players Association made the announcement on Tuesday.The g...

Give Feedback