Left Menu
Development News Edition

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

PTI | Mumbai | Updated: 21-11-2019 16:37 IST | Created: 21-11-2019 16:32 IST
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.


TRENDING

OPINION / BLOG / INTERVIEW

Turbulence surrounding tobacco control in Ghana

... ...

Smart healthcare: IoT redefining the way healthcare is delivered

As the world is embracing the new wave of digitalization triggered by the pandemic and the arrival of 5G, the adoption of IoT devices will further boom. With adoption set to soar, IoT security issues and other challenges cant be ignored any...

Refugee compassion and response: Ideas to mitigate disasters now and in their future

Their homeland becomes a forbidden territory for them and more likely than not, their journey to foreign soil is no less traumatizing, not to say deadly. It is crucial to help refugees live a life of dignity and purpose....

Inadequate water infrastructure causes a tidal wave of coronavirus in rural Alaska

... ...

Videos

Latest News

Soccer-Peruvian giants Alianza relegated for first time in 82 years

Peruvian soccer team Alianza Lima were relegated from the countrys first division on Saturday after losing 2-0 at home, ending 82 years in the countrys top tier. Angry fans clashed with police outside the National stadium in Lima after the ...

In El Salvador, arrested gang members paraded for the cameras

Hundreds of handcuffed Salvadoran gang members were displayed before assembled reporters on Saturday, a vivid show of President Nayib Bukeles policy of confronting them and the violent crime they are accused of committing.Some 600 members o...

S.Korea mulls stricter social distancing as COVID-19 spike continues

South Korean authorities will consider tighter social distancing restrictions on Sunday to clamp down on economic activities after last week saw the fastest spread of infections since the early days of the COVID-19 pandemic.Prime Minister C...

Rugby-Pumas aim to go out with a bang against Australia, says Ledesma

The sacrifices Argentina have made to play in the Tri-Nations will ensure they will do their utmost to go out with a bang in next weeks tournament finale against Australia, coach Mario Ledesma said. The Pumas had followed their first test w...

Give Feedback