RNI Certificate No.69375/98Postal Registered No.VSP-127/2012-14

P h : 0 0 9 1 - 8 9 1 - 2 7 9 9 9 6 9 , 2 7 1 4 5 7 5 C e l l : 0 9 4 4 0 8 6 4 9 9 9 F a x : 0 0 9 1 - 8 9 1 - 2 5 3 9 4 4 3Websites : w w w . v i s c a n . i n , E - m a i l : i n f o @ v i s c a n . i n , v i z a g i n d u s t r i a l s c a n @ gmail. c o m

VOLUME 15 No.16 (12 PAGES) VISAKHAPATNAM December 16-31, 2012 ANNUAL SUBSCRIPTION RS.999/- (BY POST)

Vizag Industrial ScanJ/VM/RNP/127/2012-2014 Regd. to postat concessional rate at RMS Vizag

A N a t i o n a l I n d u s t r i a l F o r t n i g h t l y

PRICE OF A SINGLE COPY RS.5/-

VIS News Service

The Chief Minister, Mr. N.Kiran Kumar Reddy,endeared himself to the

people of Visakhapatnam districtduring his recent three-day touras part of ‘Indirammabaata’programme by interacting withthem and responding patiently totheir pleas.

When the Chairman andManaging Director of RINL-VSP, Mr. A.P. Choudhary, metthe Chief Minister he assured himof all necessary help from theState Government with regard tothe allotment of captive iron oremines to RINL and the recentR&C measures imposed by theState Electricity Authorities.

Mr. Reddy also indicated thatallotment of captive iron oremines to RINL is beingconsidered favorably and RINLis likely to be allotted a mine ortwo shortly. He said that he hadgiven instructions to theconcerned authorities for “notimposing” R&C measures onRINL and also to waive penaltycharges imposed recently.

Kiran promises captive mines to VSP

Quick TakesITC chief Deveshwar world’s7th best-performing CEO

The Chairman, ITCLimited, Mr. YC

Deveshwar, has beenranked the 7th Best-Performing CEO in theWorld in a report publishedby the Harvard BusinessReview (HBR) in itsJanuary-February 2013edition. He ranks firstamongst the Indian CEOsfeatured on the list.

This honour is indeed arecognition of Mr. Deveshwar’s vision and inspiringleadership in transforming ITC into a leading multi-business Indian conglomerate and in making it a globalexemplar in sustainable and inclusive businesspractices. His powerful strategy of creating multipledrivers of growth has led ITC to become a US $42billion market-cap Company with a turnover of over$7 billion.-------------------------------------------------------------Balaji Iyengar is GM(in-charge) of NTPC SimhadriMr. Balaji Iyengar has

taken charge as theGeneral Manger (In charge)of NTPC Simhadri SuperThermal Power Project onDecember 27.

According to officialsources, he earlier GeneralManager at NTPC thermalproject in VindhyachalDistrict in Madhya Pradesh.

A graduate inmechanical engineering, Mr. Balaji joined the NTPCin 1983 at Korba.

Mr. Choudhary expressed histhanks for considering therequest of RINL and mentionedthat RINL’s expansionprogramme would contributesignificantly to the economicgrowth of Andhra Pradesh.

Mr. T.K. Chand, Director(Commercial), RINL, was alsopresent at Mr. Choudhary’smeeting with the Chief Ministerat the Circuit House.

The leaders of RINL-VSP’slabour unions, too, met the ChiefMinister separately and presenteda memorandum, urging him toexpedite the process of allotmentof captive iron ore mines, as itwas proving to be a greathandicap to the plant.More training for youth

The Chief Minister interactedwith youth being trained underRYK at a meeting organised aspart of the Rajiv Yuva Kiranalu(RYK) programme at the YVSMurthy Auditorium at the AndhraUniversity College of Engineering(AUCE) inaugurated by him.

He said the objective of RYKwas to channelise the energies of

youth for the benefit of societyand the nation at large. Citing, aConfederation of Indian Industry(CII) report, he said that industrylobby had predicted that therewould be 35 lakh vacancies in theState in the next five years.

Stating that efforts werebeing made to provide training to15 lakh youths in three years atgovernment cost, he however,told the trainees that their firstpriority should be to completetheir education.Railway zone

On the demand for a separaterailway zone withVisakhapatnam as itsheadquarters, the Chief Ministersaid that he was with the peoplein their demand. “I have alreadyspoken to the Railway Ministeron the issue. The contention of

the East Coast Railway was thatthe zone will becomeuneconomical, if Waltair Divisionwas delinked from ECoR. Theywere asked to look at thepossibility of adding otherdivisions. I will look into thematter,” he said.

Asked about theSimhachalam lands, he said thatthe court was expected to comeout with a judgment in the firstweek of January. The MLAsconcerned and officials of theEndowments and LegalDepartment would sit together tofind a solution to the problem.

On the VisakhapatnamInstitute of Medical Sciences, hesaid that Rs.30 crore was alreadysanctioned by the government.When the authorities submit areport on the amount that would

be spent by March-end, the funds wouldbe released. Theremaining amountwould be released inthe next budget.

On the problemsbeing faced by the 33

IT companies in the IT SEZ atMadhurawada, he said that thegovernment was committed tothe promotion of industry. Hepromised to look into the issuewhen they come with a writtenrepresentation. On the drinkingwater problem being faced byfishermen at Kapuluppadavillage, he said that an assessmentwould be done and measureswould be taken to alleviate thesame.

The Chief Minister also wentaround the Assemblyconstituencies in Vizag andhanded over economic benefitsto women and participated in aseries of inaugurations includingthe inauguration Rajiv SmruthiBhavan on the beach Road and

The Member Mechanical, Railway Board, Mr. Keshav Chandra and the CMD, RINL-VSP, Mr. A.P. Choudhary, exchanging the MoU copies in the presence of theUnion Minister of Steel, Mr. Beni Prasad Verma and the Minister for Railways,Mr. Pawan Kumar Bansal in New Delhi recently.

Waives power penalty to RINLOffers helping hand to IT unitsMore jobs to be created under RYK scheme

VIS News Service

Tourists coming to Vizag are being greeted with ‘NoVacancy’ signboards at various budget hotels and

private guesthouses due to the rush of visitors from WestBengal, Odisha, Bihar and Madhya Pradesh for avacation in the district culminating in New Year bash..

Except the star hotels, all the places which providebudget accommodation are booked in advance till mid-January. AP Tourism Development Corporation’s Haritahotels and resorts at Appu Ghar and Rushikonda here,Hill View and Mayuri resorts at Araku, Hill Resort atAnantagiri and Jungle Bell at Tyda having about 250rooms in different categories ranging from Rs.850 toRs.6,500, are full till Sankranti, according to APTDCdivisional joint manager, Mr. S. Satyanarayana..

Vizag gears to grapple with tourist rush “With more than the expected number of tourists

coming from Bihar and Madhya Pradesh besides manyfrom various areas of Andhra Pradesh, no room isavailable at any of the 25 hotels and guesthouses atAraku,” he added.

The general manager of Green Park and HRAAPvice-president, Mr K.M. Rao says: “In order to makeVizag a hotspot, we want to go in for value addition byexpediting work on projects like Arogyadham atMadhurawada, Wonders of World at Yendada, Science& Entertainment City at Kapuluppada and InternationalConvention Centre at Mudasarlova.”

As of now, the middle class tourists are getting roomsat a rental of Rs.1,000 to Rs.1500 in Viza, with about 100private guesthouses/holiday homes providing ACaccommodation with catering on request.

Contd. on Page 2

Contd. on Page 2 Report on Page 6

Cyrus Mistryis head of

Tata Group

For corporate India, theyear 2012 closed with

the handing over the batonof chairmanship of the$100 billion Tata Group toCyrus Pallonji Mistry fromRatan Neville Tata.

Mr. Mistry, 44 years old,

Happy New Year 2013

UpdateUpdateUpdateUpdateUpdate22222 VIZAG INDUSTRIAL SCAN Dec 16-31, 2012

VIS News Service

East Coast RailwayWomen’s Welfare

O r g a n i s a t i o n(ECoRWWO), WaltairDivision conducted‘Triveni’ — a confluence ofhumour, music and dance— in Vizag recently.

The audience roaredwith laughter as notedstand-up artiste RajuSrivastava narratedanecdotes from daily life ina humorous way.

He held the attention ofthe show with his jokes on‘sardar’, ‘how do womenbehave with make-up’,how the value of love hasfallen among youngsters,‘how a photographer canmake woman a goodlistener’, among others.

Singers of DivisionalCultural Association of

VIS News Service

Principal Secretary of theM u n i c i p a l

Administration and UrbanDevelopment Department,Mr. B Sam Bob, IAS,who was in Vizag recentlyto preside over VUDABoard meeting, visited rowhousing project atRushikonda and KailsagiriHealth Arena.

He said a decision willbe announced to dispose ofthe row housing units sinceworks have beencompleted in all aspects.

While visiting the HealthArena at the downhill ofKailasagiri, he told theVUDA secretary, Mr.G.C. Kishore Kumar,Chief Engineer, Mr. I.Viswanatha Rao andothers

VIS News Service

Multi-storied parkingzone at Ramnagar,

development of IT Towerbehind VUDA office,shopping complex atSector-VII, MVP Colony,Hitech InternationalExhibition centre inMadhurawada area,roofing the GurajadaKalakshetram OpenAuditorium, providingcentralised air-conditionfacility to AnandagajapatiAuditorium atVizianagaram and furtherdevelopment of RaoGopala Rao Auditorium atAnakapalle were among anumber of developmentworks approved by theVisakhapatnam UrbanDevelopment Authority(VUDA) Board.

The VUDA Board,which met recently under

Stand-up artiste Raju regalesECoR WWWO members VUDA Board nod for IT Tower

the Chairmanship ofPrincipal Secretary of theMunicipal Administrationand Urban DevelopmentDepartment, Mr. B SamBob, IAS, approved anumber of developmentworks and projectsproposed to achieveregional growth as well asequilibrium in terms ofdevelopment in itsjurisdiction ofV i s a k h a p a t n a mMetropolitan Region(VMR).

Taking up discussion onabout 53 issues in theagenda, the Board gaveconsent for formation,widening and furtherdevelopment of MasterPlan Roads at Kommadi,M a r i k a v a l a s a ,M a d h u r a w a d a ,N a r a s a n n a p e t a ,Srikakulam and other areaswhich connect major

regions. Development ofIndoor stadia at Srikakulam,Bheemili, andChinamushidiwada wasapproved. Discussion wasmade on disposal of rowhousing units. Out of 53items in the agendasubmitted by ViceChairman Kona Sasidhar,the Board approved mostof the issues meant forpublic purpose and regionaldevelopment. The DistrictCollectors of Vizianagaramand Srikakulam Mr. M.Veerbrahmaiah IAS andMr. Saurabh Gaur IAS,GVMC Commissioner, Mr.M.V. Satyanarayana,IAS, Additional Secretaryof Finance Department,Mr. Y Ramakrishna andDirector of Town andCountry Planning, Mr. BPurushotham Reddyattended the meeting.

Row housingwork almost

done: Sam BobWaltair Kaushi Diwakarand Pankaj Kumarmesmerised the gatheringwith old Hindi numbers like‘o mere dil ke chain’ and‘aaiye meherbaan’, amongothers.

The programme waspepped up by the danceperformance of AdraDance Troupe. Apresentation was given onthe charity worksundertaken by theECoRWWO on RepublicDay and IndependenceDay.

The proceeds collectedthrough ‘Triveni’ would bedonated to the destitutesduring natural calamities orto the orphanages. TheGeneral Manager ofECoR, Mr. Indra Ghoshappreciated the projectsundertaken by theorganisation.

interactions withbeneficiaries ofgovernment schemes.

Promising to reserve 50per cent of the seats in thelocal body elections thatwould take place in the nexttwo-three months, he saidthe Congress governmentwas committed to thewelfare of the people. Healso handed over a chequefor Rs. 13.48 crore towardsbank linkage to SHGwomen.Industrialists’ plea

A group of industrialistsalso met the Chief Ministerand requested him torescue the industry frompeak hour load restrictionsand crippling penalties beingimposed on them foroverdrawal of powerduring peak hours.

They told him that itwould be impossible to runthe units under the presentcircumstances.

Kiran promises captive mines to VSPContd. from Page 1

Cyrus Mistry is head of Tata Group

The Chief Minister, Mr. N. Kiran Kumar Reddy inaugurating the Rajiv Smruthi Bhavanon the Beach Road, Vizag as MP Mr. V Hanumantha Rao and others look on.

The Chief Minister toldthem that due to factorsbeyond his control such asavailability of natural gasthere was a deficit ofpower in the State and itwould continue for somemore time.

Mr. Reddy said industrywould need to cooperatewith the government, whilethe government, for its part,would do everything it canto help industry.

Among others,Rushikonda IT ParkAssociation president, Mr.Vishnu Kumar Raju,Vizagapatam Chamber ofCommerce & Industryhonorary secretary Mr.M.V. Narayana Rao, APFilm Chamber ofCommerce joint secretary,Mr. Vamsi Krishna,Hotel Varun BeachNovotel managing directorMr. Prabhu Kishore,Hotel Four Points bySheraton resident managerMr. P.C. Rao, Daspalla

Hotel general manager Mr.S. Prashant were present.

The Chief Minister toldthem that the government

would supply LNG if theindustrialists were ready topay an extra cost.

He said as against a

demand of 260 to 270million units, they were ina position to supply only 220million units.

VIS News Service

The Ministry ofDefence has given

“in-principle approval” tothe GVMC which soughtpermission to take up workon Navy land on the BusRapid Transit System atMarripalem.

While granting itsapproval, it said a jointcommittee comprising theEstate Officer of theEastern Naval Commandand two other officials anda representative of theM u n i c i p a lCommissioner.would beformed to go into thedetails of the Navy landrequired. A final decisionwas expected based on thecommittee’s report.It hasbeen proposed to give 1.25acres of land atMudasarlova in lieu of theland at Marripalem.

In-principlenod for useof Navy land

was elected chairman ofTata Sons, the holdingcompany of the TataGroup, on 28th December,on the retirement of Mr.Ratan Tata. Mr. Mistryhad been a director on theboard of Tata Sons since2006, and was appointeddeputy chairman of theholding company inNovember 2011.

Mr Mistry joined theboard of ShapoorjiPallonji & Co as directorin 1991 and was appointedmanaging director of theShapoorji Pallonji Groupin 1994.

He is a graduate of civilengineering from theImperial College London(1990) and has an MSc inmanagement from theLondon Business School(1997).

Under Mr Mistry’sguidance, Shapoorji

Pallonji’s constructionbusiness has grown from aturnover of $20 million toapproximately $1.5 billion.

Mr. Mistry wasresponsible for building theinfrastructure developmentvertical in the ShapoorjiPallonji Group, beginning in1995 with a 106MW powerproject in Tamil Nadu,followed by thedevelopment of India’slargest biotech park nearHyderabad, in partnershipwith the Andhra Pradeshgovernment.

The infrastructurevertical has also developedtwo large road projectstotaling an investment of$550 million.

Mr. Mistry has alsobeen appointed chairman ofTata Industries, TataGlobal Beverages, TataPower, Tata Motors,Tata Chemicals andIndian Hotels Company.

Mr. Tata had led the

Tata Group from 1991,taking over the reins fromthe legendary J.R.D. Tata.Under his aggressiveleadership the Tata Groupexpanded overseas, withthe acquisition of severalmarquee companies in theWest. In a letter to the TataGroup on the day of hisretirement, Mr. Tata said:“We today are a $100billion group inrevenues. Over the past20 years our revenueshave grown about 20times and today 58%come from overseasoperations.Our brandhas emerged as the 45thglobal and the numberone Indian brand. Ourproducts and servicesare present in 85countries. We thereforehave every reason tofeel proud and feelconfident in facing thechallenges ahead.”

“I feel confident that the

robust growth that India hasshown over the pastseveral years will be re-established and the strongfundamentals in thecountry will result in Indiaonce again taking its placeas one of the economicsuccess stories of theregion. The Tata Groupwill undoubtedly play animportant role in thecontinued development ofour country, providingleadership in variousindustrial segments inwhich they operate andliving by the value systemsand ethical standards onwhich our Group wasfounded.The future growthof the Group will be led inthe coming years by CyrusMistry. I am sure that hewill receive from you thesame support, the samecommitment and the sameunderstanding that I haveenjoyed over the years,”Mr. Tata added.

Contd. from Page 1

VIS News Service

The chairman ofVisakhapatnam Port

Trust (VPT), Mr. AjeyaKallam IAS, saiddifferently abled childrenneed special efforts tostand on their own.

Inaugurating a day-longworkshop on social andcommunication skills in thedisabled, jointly organisedby Visakha PsychiatricSociety (VPS) and VivekParents’ Association, inVizag recently, he recalledhow in joint families thedifferently abled childrenused to get proper guidanceand grooming by thegrandparents.

The Port Chairmanexpressed concern atcollapse of joint familysystem and called forsensitisation on societalresponsibility to take careof differently abled.

‘Make efforts to rehabilitatedifferently abled’

He said differentlyabled children were moreclose to the Almightybecause of their innocenceand honesty and theirparents more patient thanother human beings.

Vivek is an institute forthe learning backward bytraining children in speech,language and non-verbalc o m m u n i c a t i o n . M r.Kallam as well as CIIVizag Zone Vice-Chairman, Mr. G.Sambasiva Rao promisedall help to Vivek inrehabilitating differentlyabled children after theirtraining.

Superintendent ofGovernment Hospital forMental Care, Ms. M.Vijaya Gopal said societyshould see the strengths indifferently abled childrenand refrain from looking attheir weaknesses.

PortPortPortPortPortDec 16-31, 2012 VIZAG INDUSTRIAL SCAN 33333

VIS News Service

Maritime Agenda2010-2020 targets

creation of port capacity of3200 million tonnes at anestimated investment ofabout 3 lakh crores by2020. As part of thecreation of capacity on theEast Coast, the maritimeagenda envisagesconstruction of a major porton the East Coast at anestimated cost of Rs.7,000Crores, for whichRamayapatnam inPrakasam District issuggested by Governmentof Andhra Pradesh forapproval by the CentralCabinet, theChairman, Visakhapatnam Port Trust, Mr. AjeyaKallam, IAS, said in hisaddress at the one dayConference on Ports &Logistics organised byConfederation of IndianIndustry in associationwith Government ofAndhra Pradesh, in Vizagrecently.

Stating that thetremendous growth ofbusiness in th east coastports is a positive sign, headded there is ample scopefor creation of required portfacilities and infrastructureon the east coast withestimated investment ofover 1.15 lakh crores. To

Biz growth in east coast ports, a positive sign: Kallamcater to India’s increasingtrade with East Asiannations new capacity aswell as port infrastructurepoised to develop towardsthe east coast, he added.

The National Head -Transport & Logistics,KPMG, Mr. ManishSaigal, also reiterated theneed to benchmark withglobal standards to staycompetitive with the rest ofthe world.

In his address, SpecialSecretary, Infrastructure &Investment DepartmentGovernment of AndhraPradesh, Mr. B K Singh,IFS said: “Government ofAndhra Pradesh has beenvery active in encouragingprivate participation in theport sector developmentand has been a pioneer inensuring ports throughPPP mode and aims toinclude Rail, Roadconnectivity into theproject development goingforward. The Convenor -CII Andhra PradeshLogistics Panel &Managing Director & CEO- GATI Limited, Mr.Mahendra Agarwal,reiterated that Logistics isa vital enabler of domesticeconomic growth andcompanies are continuouslylooking to have betterproduct distribution andreach, while reducing their

logistics costs byaddressing the challengesof shrinkages, wastagesand visibility across supplychain.

“The Indian Logistcmarket is estimated closeto $100 billion and isexpected to grow at 10.2%annually over the nextdecade, “ he said.

I n h e r w e l c o m e

address, the Chairman -CII Andhra Pradesh,pointed out the variouschallenges in logisticssector and efficient supplychain management is keyto overall integrated portd e v e l o p m e n t . G o o dhinterland connectivity iskey to successful portdevelopment, she added.

In her concluding

remarks, Ms. Suchita KElla, and the Chairman,CII Vizag Zone Council &Director - Commercial,Vizag Steel Plant, Mr. T KChand, said that theIndustrialisation in the cityof Vizag would growimmensely with the overalldevelopment of port sectorin the state, he added.

Over 140 delegates

attended the conferencwhich also deliberated ontopics like Building WorldClass Logistics Capabilities;Port Connectivity and Roleof Road and RailInfrastructure; LogisticsDevelopment and took partin a panel discussion onUser CommunityPerspectives on East CoastPorts.

The Chairman, Visakhapatnam Port Trust, Mr. Ajeya Kallam, IAS, addressing the Conference on Ports &Logistics organised by CII in association with Government of Andhra Pradesh, in Vizag recently.

Gayatri, first woman to get MICS, UK certificateVIS News Service

The Chairman &Managing Director of

Sri Gayatri Shipping &Logistics (P) Limited (ACommodities TradingCompany), Ms. V.Gayatri, was elected asMe mber of The Instituteof CharteredShipbrokers (MICS),U.K. She has achieved herstatus through theInstitute’s ProfessionalQualifying Examinationswhich were held in April,2012 that satisfies thecriteria and is approved bythe Institute’s Educationand Training Committee.

She is the first womanto get certified as a MICSfrom Visakhapatnam.

The Institute ofChartered Shipbrokers,East India Branch, heldtheir Annual DayCelebrations on December8, 2012 at Hotel RadissonBlu, Chennai.. During theConvocation, the MICScertificate was presented

to Ms. V. Gayatri by theChief Guest InspectorGeneral, Mr. S.P. Sharma- Commander Coast GuardRegion (East), Chennai.

“The ICS examinationsare the right ladder to uplift

my professionalism inShipping as the ICS isknown for its reliability,efficiency, commitmentand vast experience.

It also gives me theconfidence that my skills

are not confined solely toone sector in ShippingIndustry, but would beportable to other areas ofShipping,” Ms. Gayatrisaid.

Ms. V. Gayatri receiving the MICS, UK certificate from the Inspector General,Mr. S.P. Sharma - Commander Coast Guard Region (East), Chennai.

Shipowners in India haverequested the

government to permit atax-free bond issue similarto the INR50 trillion(US$912.2 billion)infrastructure offering forthe ports sector.“We have specificallyasked the government topermit State Bank ofIndia (SBI) or some otherfinancing agency to comeout with such a foreign

Observing that marine police was quite different fromthat of the regular policing, DIG (Eluru range), Mr. G.Surya Prakasa Rao called upon the personnel allocatedfor the Marine wing to understand their duties perfectlyand focus on updating their knowledge on a regular basis.Addressing the valedictory of the three-week trainingprogramme on seafaring and navigation for coastalsecurity postal personnel organised at the State Instituteof Fisheries Technology (SIFT) in Kakinada recently,Mr. Rao said that the police posted on coastal securityhad a territory of 500 meters on land and another 500meters on the sea.Commandant of the Indian CoastguardStation Kakinada, Mr. S.N.M. Pattanayak advised theforce to keep their eyes and ears open and not to forgetto use their common sense in critical situations.

Indian shipowners seekSBI-backed bond-aid solution

currency bond, to developtonnage,” Indian NationalShipowners Associationchief executive officer, Mr.Anil Devli has said.

Half of India’s tonnageis more than 20 years oldand is to be replaced in thenext five years and theshipping companies toohave no assets left, thegovernment will have tostand guarantee and help usraise this money, he added.

K erry Logistics ofHong Kong has

secured a major contractfrom travel luggagemanufacturer Samsonite(Thailand) to manage itssupply chain needs. Thescope of the contractcomprises generalwarehousing, value-addedservices, pick and pack andlocal transportationservices. The contract willinclude Samsonite’s full line

The Dredging Corporation of India Ltd. (DCI)has acquired a dredger to meet the dredging needs

of major ports in the country. Two more Trailer SuctionHopper Dredgerswould be purchased during the nextfinancial year to increase the dredging capability of theDCI. Orders were placed with IHC Merwede, theN e t h e r l a n d s ,DCI chairmanand ManagingDirector D.K.Mohanty said inVizag recently.

The first in theseries of TSHD(DCI DredgeXIX) arrived atEnnore Port inChennai and was dedicated to the nation by the ShippingMinister, Mr. G.K. Vasan.

The second dredger was expected to arrive from theNetherlands by June 2013 and the third one by February/March 2014. The total cost of the three dredgers comesto Rs.1,570.21 crore.

“After the acquisition of these dredgers, DCI wouldbe in a position to take up at least 80 per cent of themaintenance of dredging works of the Indian ports. Thesestate-of-the-art dredgers have equipment for accuratepositioning and effective dredging. The dredging capacityof DCI would increase from 50 million cubic meters to80 million cubic meters,” Mr. Vasan said.

Vasan dedicates DCIdredger to nation

Marine police asked toupdate knowledge

Kerry Logistics bagscontract with Samsonite

of luggage products,including suitcases,garment bags, casual bags,business cases as well asa wide variety of travelaccessories.

“We have selectedKerry Logistics because ofthe company’s experiencein the retail logistics sectorin Thailand,” saidSamsonite Asia vicepresident, Mr. PaulMelkebeke.

Business ScanBusiness ScanBusiness ScanBusiness ScanBusiness Scan44444 VIZAG INDUSTRIAL SCAN Dec 16-31, 2012

List of imports at Vizag PortSl.

Article DescriptionPort of

LoadingC.I.F.Quantity

1 MICA ESTER 7200 KGS 8491805.28 CHINA2 FUSED ZIRCONIA (FUSED CALCIA STABILIZED ZIRCONIA ZC) (-30+100 MESH) 4 MTS 1418598.94 SOUTH AFRICA3 CHRYSOTILE RAW ASBESTOS GRADE-4T 20 MTS 1000253.65 BRAZIL4 MULCOA 60 (8X20M) (MULLITE) 40 MTS 882424.52 UNITED STATES5 DRIED RAW CASHEWNUTS IN SHELL, CROP 2012 52.825 MTS 2726808.58 BENIN6 STYRENE BUTADIENE COPOLYMER LATEX DEB 3111E 105.54 MTS 6745143.72 NETHERLANDS7 SHREDDED STEEL SCRAP 500 MTS 12325362.08 UNITED KINGDOM8 DIMETHYL SULFOXIDE (DMSO) 35200 KGS 3296914.72 CHINA9 SEA WATER MAGNESIA (GM094900) 105 MTS 4118557.8 JAPAN10 ALUMINIUM FLUORIDE 229.5 MTS 18250611.12 ITALY11 HIGH CARBON FERRO NICKEL (NI CONTENT 24.15% TOTAL NI QTY 75.022 MTS) 310.65 MTS 69739735.89 NEW CALEDONIA12 TEAK WOOD ( ROUND LOGS) 13.484 CBM 449203.82 GHANA13 SUNFLOWER OIL CAKE MEAL SOLVENT EXTRACTED DEFATTED VARIETY (ANIMAL FEED GRADE) 447.393 MTS 5642268.96 TANZANIA14 DEAD BURNT MAGNESITE 95 (MGO - 95.18 %) 250000 KGS 5378257.07 CHINA15 STEAM COAL IN BULK 2006 MTS 5369918.05 INDONESIA16 INDONESIAN PLYWOOD 3.2X1220X2440MM 5X20 CNTRS 97.163 CBM 4599727.04 INDONESIA17 TRANS 1,3 DICHLORO PROPENE 20000 KGS 4163523 CHINA18 METHYL ALCOHOL(METHANOL) 240 MTS 4344425.64 SAUDI ARABIA19 ACETONE 100 MTS 5507087.97 TAIWAN20 TEXBOND R 140 (NON WOVEN FABRICS) 3147 KGS 359021.66 ITALY21 PHOSPHORUS PENTOXIDE 36000 KGS 3471016.5 CHINA22 RAW CASHEW NUTS IN SHELL NEW CROP 2012 98.918 MTS 4616447.39 COTE D IVOIRE23 ANKERHARTH NN25 (GUNNING MASS)-PARTIAL SHIPMENT 60 MTS 2283884.32 AUSTRIA24 CERAMIC PIGMENTS / COLOURS (6308) 3000 KGS 1067342.73 CHINA25 SHREDDED IRON STEEL SCRAP AS PER ISRI 211 806.74 MTS 19299354.48 UNITED KINGDOM26 INDONESIA ROBUSTA 20/25% TRIAGE (COFFEE BEANS) 96000 KGS 10776683.44 INDONESIA27 BENTONITE (LAVIOFLOC P2G) (PURIFIED BENTONITES BASED ON MONIM ORILLIONAT) 38 MTS 870782.17 TURKEY28 INDONESIA ROBUSTA 20/25% TRIAGE (COFFEE BEANS) 96000 KGS 10270516.28 INDONESIA29 1 BUNDLE STEEL SHAFTS 3240 KGS 444147.54 UNITED KINGDOM30 1 LIFTING BEAM 2100 KGS 1332442.47 UNITED KINGDOM31 EL. PASTE 07 GREEN(4 CYL & 2 CYL) 39.702 MTS 2078031.46 NORWAY32 DRIED RAW CASHEWNUTS IN SHELL, CROP 2012 524.705 MTS 37063812.97 INDONESIA33 BLEACHED EUCALYPTUS SULPHATE PULP 406.924 MTS 12330824.68 THAILAND34 ANHYDROUS ALUMINIUM FLUORIDE 22.72 MTS 1345652.49 CHINA35 ANHYDROUS ALUMINIUM FLUORIDE 2.28 MTS 135039.07 CHINA36 GURJAN ROUND LOGS -151.572 H.TONS 272.8296 CBM 6580543.28 MYANMAR37 METHYL ALCOHOL(METHANOL) 16 MTS 289628.38 SAUDI ARABIA38 HYDRAGLOSS(R) 90 KAOLIN CLAY 1 MT LINED SS 100000 KGS 1685922.3 UNITED STATES39 ELECTRODE PASTE CYLINDERS 1/2 06. 97.855 MTS 4285225.06 CHINA40 WHITE FUSED ALUMINA (SIZE: -8+16 MESH,-16+30 MESH & -30+60 MESH) (AL2O3-99.25 %) 25000 KGS 1047774 CHINA

List of exports from Vizag PortPort of

dischargeF.O.B.

1 SODIUM DICHROMATE AGAINST ADV. LIC. NO.: 0910046841 DT: 20.05.2011 40 3864804.22 Altamira2 HIGH CARBON FERRO CHROME (WESHALLCLAIMBENEFITOFCH-3UNDERFTP) 500 14680431.5 Huangpu3 COLD ROLLED STEEL COILS(NON ALLOY) 0.20MMX1000MMXC 24.446 1021084.97 Djibouti4 SULFAMETHOXAZOLE USP 32 12000 6629925 Alexandria5 DAIMURON TECHNICAL 19200 8871139.2 Yokohama6 FENBALUMINA CARBON CONTINUOUS CASTING REFRACTORIES 17.92 1279215.75 Qingdao7 CLETHODIM TECHNICAL 93.5% 14100 20605662.45 Fos sur Mer8 DRY MAGNESITE MORTAR WITH DRY CHEMICAL 10 288024.02 Alexandra(Egypt)9 CONSUMABLE FOR CONTINUOUS CASTING MACHINE NOZZLE FILLING COMPOUND 5 93365.21 Durban10 HIGH IMPACT POLYSTYRENE GRADE: LGH-306-HIPS 19 1933252 Chittagong11 GENERAL PURPOSE POLYSTYRENE GRADE LGG 105 - GPPS 19 1736326.5 Chittagong12 EXPANDABLE POLYSTYRENE (GRADE:LGE-740 EP) 16 122192 Pusan13 COPOLYMER HI RATIO AAMA 40 PCT SOLUTION(COPOLYMER BASED ON ACRYLIC MONOMERS) 18000 998046.8 Karachi14 SS MAPLITHO WOOD FREE PTG PAPER( STAR WHITE) GSM 50 ,SIZE:85,100 145.104 6292761.44 Tincan/Lagos15 PAPER & PAPER BOARDS S.S. MAPLITHO WOODFREE PRINTING PAPER (STAR WHITE) 50 GSMSIZE: 101.00 CMS 182.018 7794329.29 Apapa16 PHOTOCOPY PAPER 80GSM(JK COPIER)SIZE:29.7X42CMS,REAMS:7400,BOXES:1480 36926 1712166.13 Tema17 INDIAN RAW COTTON 50936 5435678.79 Mersin18 NE 32/1 CARDED WAXED KNITTING 100 PCT COTTON YARN ON CONES (RC NO.2478 DT.19.11.12) 39009.6 6920829.42 Shanghai19 100 PCT COTTON CARDED YARN ON CONES NE 32/1 UNWAXED FOR WEAVING (RC NO.2393 DT.09.11.12) 39009.6 7003766.14 Shanghai20 CRM/CRT QUALITY JUTE YARN 16 LBS/2PLY (NM 1800/2) OIL2%SPOOLS ON PALLETS WITH CARDBOARD ON ALL 25.359 1302942.86 Antwerpen21 HESSIAN CLOTH "FIBERLANE" 10 ROLLS 130CMX 275GM/M2 (P.O. NO.: KH/EXP/038/2012-2013 DATED: 24.09.2012) 1859.72 160644.29 Bremen22 GRANITE CUT AND POLISHED TOMB STONES (MONUMENT TYPE) 8.03 1225655.75 Rotterdam23 HIGH FIRED CHROME MAGNESITE BRICKS 1.12 39284.66 Alexandra(Egypt)24 HIGH ALUMINA BRICKS/SHAPES(RESISTAL KSP95-1 V 4P12) 40.44 2830912.06 Manila North Harbor25 ALUMINA CARBON BRICKS/SHAPES (SLIDEGATE)(GRASANIT D578 AC8302B55) 2.798 717647.73 Pusan26 OTHER REFRACTORIES(H190X190X2 STEEL PLATE ST12 PHASEN) 0.1 32730 Tunis27 FIRE CLAY BRICKS ( MAXIAL 42 V 1-25 5.735 104032.31 San Antonio28 MONOLITHICS/CASTABLES(PRECAST)(DIDURIT B83 0-5 V) 8 334788.62 Manila North Harbor29 ALUMINA CARBON CONTINUOUS CASTING REFRACTORIES 28.992 2922916.94 Qingdao30 MONOLITHICS/CASTABLES(PRECAST)(SANIT 180MAW 0-6V AC8107C55) 1.98 181651.52 Pusan31 FERRO SILICO MANGANESE (MN:55PCT MIN,SI:27 PCT MIN,C:0.10PCT MAX,P:0.10PCT MAX, 156 11871171 La Spezia32 MONOLITHICS/CASTABLES (PRECAST) (DIDURITB73-5 V) 5 189833.98 cat Lai33 VETRIFIED UNGLAZED SMOOTH AND MIRROR POLISHED/CERAMIC TILES GEM-DGY-SG-6GPD105-SG 51 1372913.94 Keelung (Chilung)34 SANITARY WARE PRODUCTS WASHBASIN 60 CM MODEL: KARLA 408 327169.1 Jebel Ali35 SANITARY WARE PRODUCTS WATER TANK MODEL:LIWA 960 513206.38 Jebel Ali36 LAMINATED WIND SCREEN ( 2435 AGNV) 21 33571.37 Redditch37 FERRO SILICO MANGANESE (MN:58.0% MIN,SI:27.00% MIN C:0.10% MAX P:0.10% 216 17176704 Rotterdam38 SILICO MANGANESE FOCUS PRODUCT SCHEME SRNO.249TABLE 1 APPENDIX 37D @4%MN:65% 81 4629876.7 Istanbul39 SILICO MANGANESE(WESHALLCLAIMBENEFIT OFCH-3 UNDER FTP) 300 15559186.31 Busan(Korea)40 FERRO SILICO MANGANESE SP:(MN:65%,SI:15%)MIN,(C:2.25%,P:0.30%,S:0.03%) 196 10905636 Odessa

Sl.No Article Description Quantity

Banking / InsuranceBanking / InsuranceBanking / InsuranceBanking / InsuranceBanking / InsuranceDec 16-31, 2012 VIZAG INDUSTRIAL SCAN 55555

IN BRIEF

Interest rates on domestic term depositsPHONE Nos.

Name of the Bank 30 to 45days %

46 to 90days %

91 to 179days %

180 daysto 1yr %

1 to 2yrs %

2 to 3yrs %

3 to 5yrs %

15 to 29days %

15 to 45days %

7 to 14days %

18monthsto 36 m %

5 yrs &above %

9 monthsto 18 m %

Andhra Bank 4.00 4.50 4.50 4.50 6.00 7.25 8.50 - - 9.00 9.00 9.00 9.00 2551692Axis Bank 3.50 3.50 - 5.00 - - - - - 8.50 9.00 9.00 8.50 2562199Bank of India 4.00 4.50 - 6.50 6.75 7.00 8.00 - 9.25 9.00 9.00 9.00 2502102Central Bank of India 6.50 6.50 6.50 6.50 7.00 7.90 - - - 8.75 8.75 8.50 8.50 2563595City Union Bank Ltd 7.00 7.00 7.00 7.00 7.00 7.00 - - - 9.25 9.25 9.25 8.75 2575772Corporation Bank - 6.50 - 6.50 - - 8.50 - - 8.75 8.75 8.75 8.75 2563406HSBC - 4.75 - - - - - - - 7.25 7.25 7.50 7.50 6622000-06ICICI Bank 4.50 4.75 - 5.50 - 6.50 - - - 8.75 8.75 8.75 8.50 2762644IDBI Bank - 6.00 6.00 6.00 7.00 8.00 - - - 9.00 9.00 9.00 8.75 2533646Indian Bank 6.25 6.25 6.25 6.25 7.50 7.50 - - - 9.00 9.00 9.00 9.00 2747403&05Indian Overseas Bank 7.00 7.00 - 7.00 7.00 7.50 - - - 9.00 9.00 9.00 9.00 2552201IndusInd Bank 3.50 4.50 - 5.00 - 6.50 - - - 9.00 8.75 8.75 8.50 2514125Karnataka Bank 3.50 3.50 3.50 3.50 5.50 7.75 8.00 - - 9.00 9.00 9.00 8.75 2706008Kotak Mahindra Bank 3.50 4.00 - 5.00 6.50 7.25 - - - 8.90 8.75 8.75 8.50 6646719Mahesh Bank - - - 7.00 7.00 - - - - 9.00 9.50 9.50 9.00 2752323Oriental Bank of Commerce 4.00 4.50 - 5.00 5.75 7.50 8.00 - - 9.00 9.00 9.10 9.10 2575588-89Punjab National Bank 4.00 4.50 4.50 4.50 5.50 6.75 7.50 - - 8.75 8.75 8.75 8.50 2563216State Bank of Bikaner & Jaipur 4.00 7.00 7.00 7.00 7.00 7.25 8.00 - - 9.50 9.50 9.50 9.30 2562971State Bank of Hyderabad - 7.00 7.00 7.00 7.25 7.25 8.00 - - 9.00 9.00 8.75 8.75 2510074State Bank of India 6.50 6.50 6.50 6.50 6.50 6.50 - - - 8.50 8.50 8.50 8.50 2747822State Bank of Mysore - - 7.00 7.00 7.00 7.00 7.50 - - 8.75 8.75 8.75 8.75 2526633State Bank of Travancore 7.00 7.00 7.00 7.00 7.00 7.50 7.50 - - 8.75 8.75 8.50 8.50 2503441Union Bank of India 4.00 - 4.75 - 6.25 - 8.50 - - 9.00 9.00 9.00 9.00 2746636Vijaya Bank 4.00 4.00 4.00 4.00 5.75 7.25 8.50 - - 9.00 9.00 9.00 9.00 2562871Visakha Co-op Bank 4.50 4.50 4.50 4.50 6.00 7.75 8.75 - - 10.00 10.00 10.25 10.25 2788460UCO Bank 6.00 6.00 - 6.50 - 8.50 8.75 - - 9.10 9.10 9.00 8.75 2702213YES Bank 5.00 5.00 5.00 5.00 6.25 - - - - 9.00 9.00 8.75 8.75 6623000

State Bank of Mysore - With you all the way

Naina Lal Kidwai is firstwoman president of FICCI

M s. Naina Lal Kidwai,Country Head-HSBC India

and Director-HSBC Asia Pacifichas taken over as the first womanpresident of the country’s leadingchamber of commerce, Ficci,recently. Ms. Kidwai is knownfor being the first woman CEOof a private sector bank Indiabesides being the first Indianwoman MBA to have passed out

of Harvard Business School.At Ficci, she has, in the past, chaired several

committees, including the Water Mission, the FinanceCouncil, the Capital Markets Committee and FinancialInclusion Committee and has served on the Chamber’snational executive committee for several years. Sheis a member of the Government of India’s IndustryTask Force and the Working Group on Banking,Financial Sector Legislative Reforms Commission; andon the governing boards of the National Council ofApplied Economic Research and the National Instituteof Bank Management.------------------------------------------------------------

‘A-1+’ S&P rating to ICICIBank overseas bond issueStandard & Poor’s (S&P) Ratings Services said

that it has assigned its ‘A-1+’ short-term issuerating to the proposed $300-million US CommercialPaper (USCP) programme of ICICI Bank Ltd.

This programme is supported by an equivalentirrevocable direct-pay letter of credit (LC) issued byWells Fargo Bank N.A.

S&P said as the USCP holders will be paid directlyby Wells Fargo on the maturity dates, the notes bearthe credit risk of Wells Fargo.

“The ‘A-1+’ rating on this programme is thereforeequivalent to the short-term counterparty credit ratingon Wells Fargo,” an S&P note said.------------------------------------------------------------

Bank of India raises bulkdeposit ratesBank of India revised upwards the interest rates on

deposits of Rs 10 crore and above for selectmaturities.

According to official sources in New Delhi, theBSE was informed that the bank has revised theinterest rate for the deposit of Rs 10 crore and abovefor the time bucket of 1 year and above to less than 2years to 9 per cent (earlier 8.75 per cent) and the newrates would be applicable from December 27, 2012.

Recently, Federal Bank and Dena Bank alsorevised upwards deposit rates for select maturities.

VIS News Service

“Valuers play a crucialrole in protecting the

interests of the banks. Theycan make or break by theiractions. Wrong valuationsresulted in CitiBank inAmerica losing trillions ofdollars”, observed UnionBank deputy generalmanager, Mr. D.V.Gupta.

Addressing the 19th

annual seminar of theInstitution of Valuers(IOV) in Vizag recently, hesaid that banks in US werelosing steam due to thevaluers frequently hikingproperty values of theirclients and facilitatingexploitation of banks byvested interests.

Stating that valuers inIndia were by and large fair

Rating agency Crisilhas said that there is

an urgent need for banksto integrate riskmanagement processeswith business and operatingmodels as it is becoming aglobal phenomenon.

The Crisil report said:“Risk management needsto be viewed as a key partof strategy and operationsand go well beyond merelybeing a complianceexercise.”

Integrate riskmanagementwith biz: Crisil

Don’t succumb to pressure, valuers toldin their valuation, Mr. Guptaadded that they should notfunction under pressureeither from banks orcustomers. They shouldkeep in mind their long-term reputation and notsuccumb to pressures.Criminal proceedingswould be initiated againsterring valuers if provedguilty in a court of law.They should not be carriedaway by artificial boom inreal estate and should beconservative in theirvaluation without takingextreme positions, he said.

The Commissioner ofIncome Tax, Mr. N. Rahulopined that acquisition ofknowledge was the key toattaining success in anyfield. Updating one’sknowledge was essential

and the Internet had comein handy in the process.After the advent ofInternet, one was able toaccess relevantinformation relating to anyfield. In the context he saidthat valuers would do wellif they attained legalknowledge relating to theirfunctioning. Majority ofvaluers were doing a fairjob except few who aregoing overboard. Headvised against submittingof vitiated valuation reportand in the event of a judicialscrutiny their reputationwould be at stake.

IOV local chairman,Mr. I. Rama Rao in hispresidential addressadvised fellow valuers toupdate their knowledge inthe profession.

VIS News Service

Andhra Bank willfocus on lending to

agricultural and micro-,mini- and small enterprises,according to its Chairmanand Managing Director,Mr. B.A. Prabhakar.

“These two sectors areour priority business areas,as there is huge potentialfor growth. The non-performing assets here arealso under control,” he saidin Hyderabad recently.

The agriculture portfolioof Andhra Bank grew 26per cent year-on-year,small and mediumenterprises 18 per cent andretail 13 per cent till date.

Though demand forretail loans had picked up,competition has stiffenedas major banks loweredinterest rates.

“However, we havebeen trying to encourageretail lending. A lot depends

The State Bank of Hyderabad (SBH) will increaselending to micro, small and medium enterprises next

year.Announcing this in Hyderabad recently, the bank’s

Managing Director, Mr. M. Bhagavantha Rao, said:“We are set to declare 2013-14 as MSME Year with atarget to achieve 60 per cent growth in this portfolio andthe reasons behind renewed focus on MSMEs areviability, increasing focus of the Government on the sectorand potential for employment generation.

SBH, which has about Rs 6,000 crore under MSMEportfolio now, is in the process of identifying new clustersfor lending in this sector.

Credit off-take in the corporate sector is still muted.“New projects are down to a trickle and existing creditlimit have touched almost zero. I expect the next quarteralso to witness a similar trend,” he said.

About 10-12 per cent corporate clients also preferredrestructuring of loan accounts, Mr. Bhagavantha Raoadded.

Corporation Bank plans to raise Rs 200 crore throughtier-I bonds on a private placement basis, the bank

said in an exchange filing in Mumbai recently.The bonds will be unsecured, perpetual and non-

convertible. The face value of each bond is Rs 10 lakh. The coupon rate is 9.29 per cent per annum. There is noput option. A call option can be exercised after 10 years. The issue opened on Dec 27 and closed on Dec 28.

Andhra Bank to focuson agri, SME lending

SBH to lend more to small units

Corporation Bank to raiseRs 200 cr via tier-I bonds

on quality and service inwhich we have anadvantage,” he added. Inthe corporate segment,credit offtake has beenmuted except for working-capital needs. “This trendis expected to continue fornext six months at least,”the Andhra Bank chiefsaid. Asset-quality issueswould continue to be achallenge for banks, asslippages till last quarterwere high. The currentstress on assets quality isnot confined to a particularsector, though is a tadhigher in construction andpower businesses, and themid-corporate sector, headded.

On the restructuring ofcorporate loans, he said thenumber of requests hadcome down in the presentquarter, as those whowanted it had alreadycompleted the process.

Business ScanBusiness ScanBusiness ScanBusiness ScanBusiness Scan66666 VIZAG INDUSTRIAL SCAN Dec 16-31, 2012

IN BRIEF

As a major CSR initiative, RINL, the corporate entityof Visakhapatnam Steel Plant distributed “Biomass

cook stoves (smokeless stoves)” to 250 beneficiariesbelonging to Chepalapalem village near Appikondarecently.

The President of Visteel Mahila Samiti (VMS), Ms.Lata Choudhary, distributed the stoves to the womenfolk in the presence of Mr. P. Madhusudan, Director(Finance), Mr. N.S. Rao, Director (Projects), RINL.

Speaking on the occasion, Ms. Lata Choudhary saidthat distribution of smokeless stoves was aimed toimprove the health conditions of the womenfolk. She saidthat RINL is fully concentrating to improve the healthand education needs of the needy people in and aroundUkkunagaram to enhance their living conditions underCSR programme. Ms. Preeti Roy, Ms. N Sarada, Vicepresidents of VMS also distributed the stoves to some ofthe beneficiaries.The Director (Finance) Mr. PMadhusudan, said CSR activities will be increased further once the expansion is completed and RINL isalways in fore front in providing various facilities in thevillages. The Director (Projects), Mr. Mr. N.S. Rao,said that the beneficiaries should fully utilise the

facilities provided by RINL.The GM (CSR), Mr. R Shankar, GM (Environment

& Safety), Mr. Makhija, RINL and large number ofvillagers participated.

Tony Tan is head of CFA’sFinancial Market IntegrityCFA Institute, the global association of investment

professionals that sets the standard for professionalexcellence and credentials, has named Dr. Tony Tan,CFA, the Head of Standards and Financial MarketIntegrity, Asia Pacific, with immediate effective. Hewill be responsible for leading CFA Institute efforts inadvocacy, policy development and regulatory outreachin the Asia Pacific region.

Dr. Tan has over 20 years of experience workingin the international financial markets. During thatperiod, he was involved in financing projects in the oiland gas industry, advised central banks anddevelopmental financial institutions on risk managementissues, and ran a global capital markets tradingoperation.

For more information contact: Mr. GhouseMohiddin, Ogilvy Public Relations, Hyderabad.Ph: 040-44344325-------------------------------------------------------------

Meet on SMED on Jan 3CII – AVANTHA Centre for Competitiveness

for SMEs is organisising an awarenessprogramme on SMED & Flow Manufacturing at‘The Park’, Visakhapatnam from1030 hrs to 1530 hrson Thursday, 03 January ’2013.

For more information contact: Mr. VedPrakash, CII – AVANTHA Centre forCompetitiveness for SMEs, Chandigarh 160030.Ph: +91-172-5022522 / 2607228 | Mb. +91-9357418452 / 9911287696-------------------------------------------------------------Meet on OrganisationalManagement SkillsThe Federation of Andhra Pradesh Chambers

of Commerce and Industry (FAPCCI) isconducting a Workshop in “OrganisationalManagement Skills” on 3rd January 2013, from 10 amto 6 pm, at JSK Hall, Federation House, FAPCCI,Red Hills, Hyderabad.

For more information contact: Ms. Hindujaon 04023395515 or Mr. G.V. Ramana on 9848935477.-------------------------------------------------------------

Sterlite bags awardSterlite Copper has won Water Efficient Unit

award during the 9th National Award forExcellence in Water Management 2012 organised byConfederation of Indian Industry, Sohrabji GodrejGreen Business Centre at Jaipur recently.

Company sources said in Tuticorin that AssociateManager, Energy and Water Mr. K.S.ParamaKalyani and Associate Manager, Smelter Planning,Mr. Ram Sandhipam Adhikaray, received the awardfrom Mr. Purushottam Agarwal, IAS, PrincipalSecretary, Public Health Engineering Department andGround Water, Government of Rajasthan.-------------------------------------------------------------

FAPCCI expo on IT, ITESThe Federation of Andhra Pradesh Chambers

of Commerce and Industry invites institutionsand entrepreneurs from the Information Technology,Gaming & Animation industry, Computers, Hardware,Internet, Telecommunications, IT Services, ITeS andBPOs to participate in National Seminar & Exhibitionon ”IT & ITEs: Trends and Demands, Opportunities& Challenges” on January 25, 2013 at FederationHouse, Red Hills, Hyderabad.

For more information contact: The SecretaryGeneral, FAPCCI. Mr. M.V. Rajeshwara Rao.Phone: 040 23395515.-------------------------------------------------------------FAPCCI holds seminar onenergy conservationFAPCCI in association with NRECAP organised a

Seminar on “Energy Conservation in IndustrialSector-Way Forward” on 19th December, 2012 atSurana Udyog Auditorium, Federation House, RedHills, Hyd. Mr. Kamalakar Babu, The vice-chairman& managing director, NREDCAP was the chief guest.

The president, FAPCCI, Mr. Devendra Surana,Dy. Director, Energy Management, NationalProductivity Council, Hyderabad, Mr. Rajanikant,Marketing Executive, Siemens India Ltd, Mr. ManuMathew, Chairman, Energy Committee, FAPCCI Mr.V. Anil Reddy, and Secretary General, FAPCCI Mr.M.V. Rajeshwara Rao, also addressed the seminar.

VIS News Service

The Member ofNational Steel

Consumer Council,Ministry of Steel, Govt. ofIndia, Mr. VarsalaSrinivasa Rao, met theDirector(Commercial),RINL, Mr. TK Chandthe officials of MarketingDept., RINL..

Mr. Chandcongratulated Mr. Rao onbeing nominated to thiscoveted post. Afterdiscussions with theMarketing officials, Mr.Srinivasa Rao informedthat RINL has been doingexceedingly well inachieving sales of aroundRs. 9,000 Crs. despitehighly sluggish market. Hewas all praise for the teamwork and leadership inMarketing Dept. facingthe tough challenges in themarket. He describedmarketing as a war likefunction, where there isneed to keep strong

NSCC member lauds VSP Marketing Dept

determination andmotivation which RINL’sMarketing Dept. has beenexhibiting. RINL’s RuralDealership Scheme hasbeen quite helpful in makingsteel available to people in

village areas. Mr.Srinivasa Rao thankedRINL’s Marketing Dept.for making RINL a Rs.15,000 Crs. turnovercompany. As a member ofNational Steel Consumer

Council, he will plead withthe Govt. to extend freightconcessions to RINL andhike Import Duty toprevent low quality andcheap products floodingIndian markets.

VIS News Service

Safety is everyones’responsibility and

everyone should work likea safety soldier said theDirector (Projects), RINL- Visakhapatnam SteelPlant, Mr. NS Rao, whileaddressing the contractworkers of constructionzone at VSP recently.

Inaugurating the“Safety week celebrationsat Rolling Mills” projectszone by hoisting the Safetyflag, Mr.Rao said thatutmost importance shouldbe given to safety at alllevels.

He stressed upon theneed to strict adherence tousage of safety appliancesby one and all, especiallythe contract workers. SriRao complimented SriMalyadri, GM(Projects)/

Contract staff told towork like safety soldiers

Rolling Mills and his teamfor taking the initiative inorganising the “First ever”safety week celebrations inthe Projects Division

The Executive Director(Projects, Mr. PCMohapatra, called uponthe construction workersto be more vigilant on thesafety front

In his welcome address,Mr. B. Malyadri, GM(Projects)/Rolling Mills saidthat safety weekcelebrations are beingorganised by the rollingmills construction zone from24th to 29th December,2012 with a view to furtherpromote and spread safetyawareness amongst theconstruction workers.

Dr.A.Madhavi,incharge, First aidcentre(OHSRC) spoke onsafety and health.

VIS News Service

As predicted in the November 16-30 edition of Vizag Industrial

Scan, an MoU was signed betweenRINL-VSP, a Navratna PSU underthe administrative control of Ministryof Steel and the Indian Railways inthe presence of the Minister of Steel,Mr. Beni Prasad Verma and theMinister for Railways, Mr. PawanKumar Bansal in New Delhirecently.

Speaking on the occasion, Mr. BeniPrasad Verma commented: “This willbe a specialised unit catering to theneed for special grade wheels for highspeed trains.”He further added thatsetting up of the factory willconsiderably increase the industrialactivity in the region and generateemployment opportunities for theyouth of the state.

Mr. Pawan Kumar Bansal, saidthat the proposed partnership wouldprovide the much needed impetus toinvestment in railway infrastructure.He also added that the proposedforged wheel factory would go a longway in meeting the future

RINL signs MoU on Rly wheel unit at Rae Barelirequirements of wheels for IndianRailways.

In his welcome address, the CMD,RINL-VSP, Mr. AP Choudhary,said that this is the secondcollaborative effort of RINL withIndian Railways, the first being theRail Axle Plant at New Jalpaiguri inWest Bengal.

He said the input for the ForgedWheel Plant would come fromVisakhapatnam from the state-of-the-art Caster being set up. The Casterdesigned to produce 500 dia rounds,the biggest in the country, wouldadequately meet the requirement forthe Forged Wheel Plant.This venture,in fact, is the vision and brainchild ofour Steel Minister, who has beenspearheading a number of initiativesfor the growth of the steel and themining companies under the Ministryof Steel, he added. The Wheel Plantis being set up at Rae Bareli, as itoffers good infrastructure support andlogistics. The best technology supplierwould be selected for setting up ofthe state of the art production facilityto meet the requirement of Railwaysfor its next generation locomotives,

The MoU for forged wheelfactory was signed between Mr.Keshav Chandra, MemberMechanical, Railway Board and Mr.A.P. Choudhary, CMD, RINL.

The Forged Wheel Factory beingset up by RINL to supply forgedwheels to the Indian Railways willhave a capacity of producing 100,000wheels every year. The factory, thebiggest such plant in India will becompleted within a schedule of 36months at a cost of Rs. 1000 crores(Approximately) and will generate500 to 600 jobs. The Raw materialfor the factory will be supplied byRINL’s plant in Vishakhapatnam inthe form of Continuous Cast (CC)rounds.

Another MoU was signedbetween NMDC Ltd and the IndianRailways for doubling 150 kmJagdalpur - Kirandul section of theKottavalasa – Kirandul (KK) line ofthe East Coast Railway.

Also present on the occasionwere Secretary (Steel), Mr. D.R.S.Chaudhary IAS and other seniorofficers of the Ministry of Steel andMinistry of Railway.

RINL distributessmokeless stoves

The Director (Commercial), RINL, Mr. TK Chand greeting the Member, NationalSteel Consumer Council, Ministry of Steel, Govt. of India, Mr. Varsala SrinivasaRao, when the later met him in Vizag recently.

UpdateUpdateUpdateUpdateUpdateDec 16-31, 2012 VIZAG INDUSTRIAL SCAN 77777

VIS News Service

Hindustan PetroleumCorporation Ltd.

(HPCL) had participatedin the two day NationalVendor DevelopmentP r o g r a m m e - C u m -Industrial Exhibitionorganised by MSMEDevelopment Institute,Visakhapatnam and held atDr. B.R. AmbedkarBhavan, recently.

The oil major had put upa pavilion showcasingvarious industrial andautomotive lubricants. Itwas informed to allparticipating MSMEs aswell as visitors that,keeping in mindrequirement of smallerquantities of various gradesof lubricants and greases atMSME sector, HPCL haddeveloped and has beenmarketing industriallubricants & greases in 20LT & 18 Kg packs. HPCLhas also been making doordelivery of above lubricants

VIS News Service

The Federation of Andhra PradeshChambers of Commerce &

Industry (FAPCCI) in association withthe Consulate General and PromotionCenter of Argentina in Mumbai and EXIMBank of India Organised an Seminar on“Doing Business with Argentina:Trade, Tourism & InvestmentOpportunities” on December 17, 2012at FAPCCI, Hyderabad. The ConsulGeneral of Argentina, Mr. TomasFerrari, was the chief guest on theoccasion.

The President, FAPCCI, Mr.Devendra Surana, Deputy GeneralManager, EXIM Bank of India, Mr. A.Subrahmanyam, Argentina TourismConsultant (INPROTUR), Ms. MedhaSampat, representative of EXIM Bankof India, Mr. T.V. Rao, , Chairman,International Trade Committee, FAPCCI,

HPCL participates in MSME Expo

to MSME sector at noextra cost in and aroundVizag. Special pricing is

The Union Minister of State for Commerce and Industry, Ms. D. Purandareswaribeing welcomed by the Chief Regional Manager, HPCL, Mr. Bharat Bhushan,during her visit to the HPCL pavilion at the MSME Expo in Vizag recently.

also being offered toMSME sector. HPCLplans to participate in

similar upcoming events atRajahmundry and otherplaces in AP.

VIS News Service

The Andhra PradeshGovernment is

awaiting CentralGovernment approval totake up three NationalInvestment andManufacturing Zones inthe State while planning todevelop infrastructurealong the Chennai-B a n g a l o r e - M u m b a iIndustrial Corridor.

The Ministry ofCommerce and Industryhas proposed to develop theindustrial corridor with partfunding from Japaneseagency. The State is keento develop infrastructurealong the corridor whichpasses through Nellore-Anantapur and Hindupur,Mr. J. Geetha Reddy,State Minister for MajorIndustries, said.

A d d r e s s i n gindustrialists and latermedia persons inHyderabad recently, she

AP awaits Centre’s nodfor mega industrial zones

said the State Governmenthas proposed three NIMZsat Medak, Chittoor andPrakasham districts in aarea of about 5,000 acreseach with world classinfrastructure under theGovernment NIMZ policy.“Once approved, we willdevelop them and attractmanufacturing units to setup their bases in the State,”she said.

Referring to theindustrial corridor comingup in the South, she saidthat the State proposes todevelop infrastructurealong the corridor whichwill become an attractivelocation for industries tocome up providing rapidtransport and qualityinfrastructure.

The IndustriesDepartment is closelymonitoring the progress ofmega projects and seekingto sort out bottlenecks theyhave.

VIS News Service

The State Governmenthas agreed in principle

to exempt the film industryin Andhra Pradesh fromvalue added tax (VAT),acceding to a long-pendingrequest.

The Chief Minister, Mr.N. Kiran Kumar Reddywas said to have given thenod for such an exemptionand Government Order isexpected to be issued verysoon.

Film producer Mr. D.Suresh Babu said it was

VIS News Service

The Centre has decidedto focus on attracting

investments into themanufacturing sector, amajor contributor toeconomic growth andemployment generation,during the XII Five YearPlan.

The Union Minister forHuman ResourcesDevelopment M.M.Pallam Raju expressedconcern that the country’sm a n u f a c t u r i n gcompetitiveness was on

Focus on manufacturingsector: Pallam Raju

the decline and this waswhat prompted thegovernment to shift itsfocus to the manufacturingside.

“While China, whichhas similar humanresources, is an $ 8 trillioneconomy, India is waybehind at $ 1.8 trillion.Dependence on servicessector alone will not servethe purpose,” he said inHyderabad recently.

The decline inmanufacturing competencehad its impact on thecountry’s growth rate

which dropped to around 6per cent now.

The government wastherefore concentrating onimproving the investors’confidence to attract moreinvestments which, in turn,would help reach the targetof providing 12 million jobsevery year.

The Centre whichconcentrated onquantitative rollout ofschemes in the previousFive Year Plan was nowfocusing on quality aspects.

Film industryexempted from VAT

a good augury thatgovernment had seen theirreason.

He recalled that theindustry was earlierexempted from GeneralSales Tax and, ever sinceVAT came into effect,, theywere demanding similarexemption.

“Our demand wasjustified because it wouldmean double taxation. Weanyway pay 14 per cent asEntertainment Tax, throughticket sales, just like peopledo for any product they buyin the market,” he said.

‘Good scope for investments in solarenergy, wine in Argentina’

Mr. Shyam Sunder Pasari and SecretaryGeneral, FAPCCI, Mr. M.V. RajeshwaraRao, have participated at the interactivemeeting.

Addressing the seminar with specialemphasis on ‘Investment opportunities inSolar and Wine sectors in Argentina’ theConsul General of Argentina Mr.Tomas Ferrari, investments in Agri, Bio-Mass, coal, sugar, solar, soya and winesectors. Argentina was the largest wineexporter worldwide and India was thelargest consumer for it.

India and Argentina had set a tradetarget of $3 billion by 2012 from $1.3 billionin 2008. Indian exports to Argentina in2008 amounted to $289.7 million, whileArgentina’s exports to India were valuedat $ 906 million. Chemical productsaccount for about 40 % of India’s totalexports to Argentina, while edible oilsconstitute 75 % of total imports fromArgentina, he added.

VIS News Service

The Central Board ofDirect Taxes

(CBDT) has issued a setof 26 frequently askedquestions (FAQs) on thetax framework applicableto qualified foreigninvestors (QFIs).

According to officialsources inNew Delh,i QFIsare a new category ofinvestors — foreign retailand high networth investors— that the Government is

VIS News Service

The Minister forInfrastructure and

Investment, Ports, Airportsand Natural Gas, Mr.Ganta Srinivasa Raoreviewed the activities ofthe Andhra Pradesh GasDistribution Corporation inHyderabad recently.

The. Minister instructed

CBDT issues FAQs for qualifiedforeign investors

looking to attract to investdirectly in the Indianequities market.

As per the FAQs,qualified depositoryparticipants (QDPs) willprimarily be responsible fortax deducted at sourceliability before makingremittance to QFIs.

The QDPs will betreated as representativeassessee, responsible forTDS shortfall even if theQFI ceases to be a client.

Speed up work on RLNG terminal,Ganta tells officials

the Managing Director, Mr.Narayanan and ExecutiveDirector, Mr.Srinivasuluand other senior officials tospeed up the process ofexecution of the RLNGTerminal at Kakinadawhich will becomeoperational by middle of2014.

In the first phase a landbased terminal with a cost

VIS News Service

Suzlon Group companyREpower Systems

SE said it has concluded acontract with wpd EuropeGmbH, a subsidiary ofproject developer wpd AG,for the delivery of 51 wind

REpower bags 105 MW order in Canadaturbines.

As part of this, aservice and maintenanceagreement for a total of 15years for the new projectswas also concluded, thecompany said in astatement.

The REpower MM92

turbines, each with a ratedpower of 2.05 MW, areintended for six projects-Whittington, Springwood,White Pines, Napier,Sumac Ridge andFairview-to be constructedand commissioned in 2014,it said.

of Rs. 1000 Crores will beestablished and same willbe converted in to FSRUbased terminal with a costof 5000 Crores.

On completion, theterminal besides supplyingof 12 MMSCD Gas to allthe power plants and GASbased industrial units,would also generate 1700Crores of VAT every year.

The EnergyConservation and

Energy Efficiency wingof the AP Transcobagged the Bureau ofEnergy Efficiency(BEE) award for energyconservation in thegovernment buildingscategory for the year 2011-12.

Transco has beenselected for the award forensuring replacement ofexisting 40 W fluorescentlamps, HPSV streetlightsand old appliances withenergy conserving ones inVidyut Soudha, itsheadquarters.

Transco bagsBEE award

The QFIs’ income will becomputed on settlementbasis and not on transactionbasis.

Also, the FAQs clarifythat the income-tax lawdoes not prescribe any timelimit for scrutiny oftransaction for TDSpurposes, the sourcesadded.

The current year’slosses can be adjusted incomputing TDS liability butwithout rollback.

ClassifiedsClassifiedsClassifiedsClassifiedsClassifieds88888 VIZAG INDUSTRIAL SCAN Dec 16-31, 2012

Regd.No.69375/98 - Printed by D.S.V.R.K.Raju and Published by A.K.Sabharwal, Printed at G.K.Print House Pvt Ltd, 10-12-5/3, Jail to Apollo Hospital Road, Ramnagar, Rednam Gardens, Visakhapatnam - 530 002Published at 101, Aspen Heights, D.No.11-9-38/5, Daspalla Hills, Visakhapatnam - 530 003. Phone : 0891-2799969, 2714575 Fax: 0891-2539443 Editor - A.K.Sabharwal

SREE

RA

MA

KR

ISH

NA

EN

GIN

EER

ING

CO

.

New Resapuvanipalem, VSP2703655, Gwk : 2514446

Suryabagh, VSP : 2561713Exclusive CRI Showroom

Dabagardens, Vizag.Ph: 6615582

Cricket Stadium,Madhurawada, Ph: 6511596

TATA, JINDAL,SURYAPRAKSH

BANSAL, ASRANIKALINGAOSWAL

MSL IBR PIPES15MM TO 300MMG.I., M.S., I.B.R.Pipes & TubesSEAMLESS,

‘U’ P.V.C,P.V.C., HDPE PIPES

& FITTINGSSUDHAKAR PVC &

AJAY ‘C’ PVC,RAKSHA

PUMPS

SUBMERSIBLES,JETPUMPS, MONOBLOCKS

SREE

RA

MA

KR

ISH

NA

EN

GIN

EER

ING

CO

.

New Resapuvanipalem, VSP2703655, Gwk : 2514446

Suryabagh, VSP : 2561713Exclusive CRI Showroom

Dabagardens, Vizag.Ph: 6615582

Cricket Stadium,Madhurawada, Ph: 6511596

TILES&

VITRIFIEDTILES

RAASI

KajariaCERAMICS LTD.

Too good to resist

SANITARY &CERAMICSDIVISION

Sati

sch

an

dra

Oza

& S

on

s

AC sheetsAerocon Walls

Prefab Structures

SABICLEXAN

PolycarbonateSheets

ROOF LIGHTSHEETS

FinolexPVC Roofing Sheets

9-1-234 Opp.Sri Ramatakies Jn.Visakhapatnam-13Ph : 257 53 56

257 53 57Tel Fax : 255 38 10

BranchGajuwaka

E-mail:ozasons@gmail.com

Website :www.ozasons.com

CHARMINAR

(0891)

275 40 70

Metal Roofing SheetsBUILD-TEC

Classifieds/TendersClassifieds/TendersClassifieds/TendersClassifieds/TendersClassifieds/TendersDec 16-31, 2012 VIZAG INDUSTRIAL SCAN 99999

Trusted Name forWedding Silk Sarees

V-Square, DwarakanagarVisakhapatnam - 530 016

Jagadamba CentreVizag-20 Ph: 0891-2706969

SareesSalwarsDress MaterialsMens WearKids Wear

TendersTendersTendersTendersTenders1010101010 VIZAG INDUSTRIAL SCAN Dec 16-31, 2012

VVVV Viz

aiz

aiz

aiz

aiz

ag

In

du

stri

al

Sc

an

g I

nd

ust

ria

l S

ca

ng

In

du

stri

al

Sc

an

g I

nd

ust

ria

l S

ca

ng

In

du

stri

al

Sc

an Annual Subcription

( 24 Issues )For India & Nepal : Rs 999/- (by post)

Europe and othear countries Euro 250 (by post)USA : US $ 300 (by post)

Advertisement Tariff

Mechanical DataSize of Newspaper : TabloidNo of Columns per page : SixCol Width : 4.00 cmCol Height : 40 cm

Cheques/DDs should be drawn in favour ofVIZAG INDUSTRIAL SCAN

payable at Visakhapatnam.

Do not pay cash

Black & White

Rs. 100/- per Sq. cm.

Address all mail to : The Circulation ManagerVizag Industrial Scan, 101, Aspen Heights

Daspalla Hills Visakhapatnam - 530 003Ph : +91-891-2799969, 2714575

Fax : +91-891-2539443E-mail : info@viscan.in

MILITARY ENGINEER SERVICESGarrison Engineer (Naval Depot), Military Engineer Services, Industrial Estate (PO),104Area, Visakhapatnam-530 007 on behalf of President of India invites applications fromeligible Contractors of MES and enlisted/unenlisted contractors for issue of tender ofundermentioned work:-

Name of work : (a) CERTAIN B/R & E/M MISCELLANEOUS REPAIRS AT 9 IRSDAREA UNDER AGE B/R - I AND AGE E/M OF GE (ND)VISAKHAPATNAM(b) REPAIRS TO CEILING FANS, EXHAUST FANS ANDGEYSERS UNDER AGE E/M OF GE (ND) VISAKHAPATNAM

Estimated Cost of work : (a) 14.00 Lakhs (b) 13.00 LakhsCompletion Period : 09 (Nine Months) for works from (a) & (b)Amount of Earnest : (a) Rs 28,000/- (b) 26,000/- in the shape of Call Deposit receipt

from any scheduled bank. BGB not acceptable.

Cost of Tender : Rs.500/- in the shape of DD/Bankers Cheque from anyNationalised Bank in favour of Garrison Engineer (Naval Depot),Visakhapatnam for works from (a) & (b).

Last date of Receipt of : 08 JAN 2013 for works from (a) & (b)ApplicationsEligibility Criteria:-(a) For MES Enlisted : Class 'E', Category ' b (i) for works at (a) & (b). Contractors(b) For other Contractors(i) Meeting enlistment criteria of MES with regard to having satisfactorily

completed requisite value works, Annual turnover, Working Capital,Fixed Assets etc.(ii) No Recovery outstanding in Govt Deptt.

Date of issue of Tender : ON OR AFTER 09 JAN 2013 for works from (a) & (b)Date of Receipt of Tender : 29 JAN 2013 for works from (a) & (b)

Notes:-1. Applications not accompanied by requisite value DD/Bankers cheque towards Cost of

Tender shall not be considered for issue of tender.2. Contractors not enlisted with MES will be required to enclose necessary documents to

prove their eligibility as given above including affidavit for no recovery outstanding.3. In case of rejection of application for issue of tender, the applicant shall be refunded the

cost of tender. However contractor may appeal to next higher Engineer Authority i.e.CWE, Visakhapatnam for rejection of his application for issue of tender whose decisionshall be final and binding and Contractor shall not be entitled to any compensation whatso ever for non issue of tender.

4. The above details are also available on MES website: www.mes.gov.in. Full Notice ofTender IAFW-2162 & Enlistment Criteria is available in all offices of MES and also inMES website.

(JVSN Raju)AEE (QS & C)

AGE (Contracts)for Garrison Engineer (ND)

Money for contractorsnot enlisted in MES

From To

The Circulation ManagerVizag Industrial Scan101, ASPEN HeightsDaspalla Hills

Dear Sir

Please send me...................................Copy (ies) of Vizag In-

dustrial Scan by post at the rate of Rs 999/- for an annual

subscription of 24 issues by post.

Our/my remittance of Rs.............................................. by DD/

Cheque No .........................................................

dated............................... is enclosed.

Signature

DO NOT PAY CASH / CASH PAYMENT NOT VALID

Subscription

ORDER FORM

Business ScanBusiness ScanBusiness ScanBusiness ScanBusiness ScanDec 16-31, 2012 VIZAG INDUSTRIAL SCAN1111111111

SI.No Allotee Name Plot No. Area1 M/s. HIRAWAT INDUSTRIES 40, 41, 42, 43 22,512.002 M/s. SWARNAG APPARELS 63 4,327.003 M/s. SAI THEERTHA APPARELS & EXPORTS (P) LTD. 1,2 10,736.004 M/s. PEACE INDIA LIMITED 52 10,976.005 M/s. A.M.R. GARMENTS & EXPORTS 25 3,596.006 M/s. KUSUMA APPARELS 55 3,650.007 M/s. ARUNA APPARELS 54 3,650.008 M/s. SREE SIVARAM APPARELS PVT. LTD. 68, 69, 70, 71 12,980.009 M/s. MAHESWARE ENTERPRISES 49 3,660.0010 M/s. AVINASH APPAREL EXPORTS 27, 28, 29 8,220.0011 M/s. A.S. TEXTILES 4 4,160.0012 M/s. CHANDU APPARELS & KNITS PVT. LTD. 8 4,032.0013 M/s. USHA GARMENTS 21, 22, 23, 24 12,785.0014 M/s. FASHION TECH GARMENTS 18 2,740.0015 M/s. SAHASWI APPARELS PVT. LTD. 38 3,936.0016 M/s. CELEB GARMENTS 19 2,740.0017 M/s. SRI KRISHNA PRABHA APPARELS 33 3,936.0018 M/s. ULTRA WASH TEX 66, 67 8,000.0019 M/s. MACRO MEDIA DISITAL IMAGING PVT. LTD. 44A 2,023.00

128,659.00

List of Industrial Units at AN-Apparel Export Park,Visakhapatnam

SI.No Allotee Name Plot No. Area1 M/s. CHOWHAN EXPORTS LAND 1 33,251.002 M/s. PRAGATHI FERTILISERS LIT. LAND 15 24,527.003 M/s. COROMANDAL INDL. CORPN. LAND 13 16,262.004 M/s. STEEL CREATE PRIVATE LIMITED LAND 5 73,980.005 M/s. VISAKHA DAIRY LAND 10 78,331.006 M/s. ANDHRA OXYGEN PVT.LTD LAND 40 16,188.007 M/s. ORIENT MERINE PRODUCTS LAND 14 10,118.008 M/s. MEHDI METAL PRODUCTS PVT. LTD. LAND 8 7,290.009 M/s. SRINIVASA ENTERPRISES LAND 6 14,813.0010 M/s. SRI SRINIVASA ENTERPRISES LAND 31 1,049.0011 M/s. VISAKHA AGRO CHEMICALS LAND 7 6,699.0012 M/s. VISAKHA AGRO CHEMICALS PVT. LTD. LAND 9 6,476.0013 M/s. COASTAL CHEMICALS PVT. LTD. LAND 2 32,375.0014 M/s. SUJATHA SEA FOODS PRIVATE LIMITED LAND 4 17,441.0015 M/s. SETVIS LAND 23 2,510.0016 M/s. S P BAILING PRESS LAND 12 1,151.0017 M/s. S P BAILING PRESS LAND 11 1,148.0018 M/s. TELE PHONE DEPT. LAND 3 8,540.0019 M/s. PRAGATHI FERTILISERS LTD. LAND 26 8,100.0020 M/s. MOHSIN ENGINEERING WORKS LAND 21 3,448.0021 M/s. RAJADHANI IRON & STEEL INDS LAND 17 1,422.0022 M/s. BISMILLAH TAWALKKAL PUBLIC WEIGH BRIDGE LAND 24 50123 M/s. RAVI IRON & STEEL INDUSTRIES LAND 30 2,593.0024 M/s. JANTHA PLASTIC WORKS GUEST HOUSE 1,399.0025 M/s. JANATHA PLASTIC WORKS LAND 18 1,403.0026 M/s. ANDHRA PETRO CHEMICALS LAND 27 4,048.0027 M/s. JUPITOR INDUSTRIES LAND 39 2,019.0028 M/s. VIZAG STEEL RE-ROLLING PVT. LTD. LAND 20 3,449.0029 M/s. VARUN ASSOCIATES LAND 22 5,043.0030 M/s. RAVI BALA CALIBRATION & WATER LAND 19 5,066.00

SERVICING WORKS31 M/s. JANATHA PLASTIC WORKS LAND 28 24432 M/s. SUPREME ENTERPRISES LAND 25 4,025.0033 M/s. M.S. ENTERPRISES LAND 41 2,135.0034 M/s. MD. SAMEEVULLAH LAND 34 97835 M/s. M.D. SAMEEULLAH LAND 32 1,043.0036 M.M. SIVAJI SHOPS 1 TO 11 75237 GVPR MINERALS LAND 33 6,542.0038 JANATHA PLASTIC WORKS LAND 35 61139 M.R. INDUSTRIES LAND 37 70740 M.A. INDUSTRIES LAND 38 1,284.00

408,961.00

List of Industrial Units at AN-Block-A,Visakhapatnam

Power starved industries in the State can expect somerelief next month as the AP Electricity Regulatory

Commission (APERC) has given its approval todistribution companies for supply of expensive power toindustries willing to avail it.

The Commission, in a notification issued a few daysago, said a draft expensive power supply scheme (EPSS)was prepared in view of the acute power shortage forconsumers willing to buy power, which is expected to bearound Rs. 9 a unit.

Discoms had been asked to procure power generatedusing the Regasified Liquefied Natural Gas (RLNG) fromfour gas-based power projects – GVK Extension 220MW), Gautami (464 MW), Vemagiri (370 MW) andKonaseema (444 MW).

The selection of the power plants had been made onthe basis of the lower station heat rate, compared to otherplants, and they could generate power using RLNG withreduced variable cost. Interested consumers shouldsubmit applications to the respective Discoms indicatingthe quantum of demand and the load factor for drawingenergy.

Discoms, the commission said in the EPSS, shouldsupply power to consumers on “no profit no loss” basis,and in case the procurement was less than therequirement, available power would be distributedproportionately among consumers on pro-rata basis.

The AP Electricity Regulatory Commission said acoordination committee would be constituted under thechairmanship of the AP Transco Chairman and ManagingDirector, with representatives from Discoms, PowerCoordination Committee of Transco, FAPCCI, FAPSIAand AP Spinning Mills association to oversee theimplementation of the scheme.

Power supply for industrieswilling to pay more

VIS News Service

The CentralGovernment has

announced its approval to12 FDI (foreign directinvestment) proposalsenvisaging a total inflow ofover Rs.802 crore.

“Based on therecommendations of FIPB[Foreign InvestmentPromotion Board] in itsmeeting held on November20, the Government hasapproved 12 proposals offoreign direct investmentamounting to Rs.802.07crore approximately,” aFinance Ministry statementsaid here.

The FIPB, at itsmeeting chaired byEconomic AffairsSecretary ArvindMayaram, however,rejected Mahindra andMahindra’s proposal to setup a defence joint venturewith Israel’s RafaelAdvanced DefenceSystem.

The FIPB alsoforwarded the proposal ofSwedish furniture majorIKEA to the CabinetCommittee on EconomicAffairs (CCEA) as theventure entails a foreigninvestment inflow of overRs.1,200 crore.

On its part, the FIPBhas given permission toIngka Holding Overseas to

12 FDI proposals worthRs.802 cr cleared

set up a wholly-ownedsubsidiary for undertakingsingle brand retailing ofIKEA products.

As for the approvals,the Board gave its nod toRatnakar Bank’s proposalto increase foreign equityin the bank from 43 percent to 55 per cent. Theinduction of equity isexpected to bring in Rs.300crore as FDI. Anotherapproval pertained to theproposal of Taqa JyotiEnergy Ventures to bring inRs.252 crore as foreigninvestment.

Among other majorproposals, Hyderabad-based Mylan Laboratoriesha been permitted toacquire an existingp h a r m a c e u t i c a lmanufacturing facilitywhile OCS GroupSingapore Pte Ltd. hasreceived consent foracquisition of equity sharesof an India companyengaged in business ofdetective and protectiveservices. In its application,which the FIPB rejected,Mahindra & Mahindra hadsought the government’snod to set up a new jointventure with RafaelAdvanced DefenceSystem for production anddevelopment of navaldefence system and otherproducts.

(in Sqm.)

(in Sqm.)

Cabinet nod for licensingland to developersThe Cabinet has approved a proposal of the Ministry

of Shipping for licensing of land to the developers forseven projects taken up under the public-privatepartnership (PPP) mode.

These approvals are required to handover the land todevelopers who operate port projects on a PPP basis.

This will facilitate the Ministry of Shipping inaugmenting the capacity of ports expeditiously throughpublic private partnership and will also bring aboutefficiency in operations at major ports which will benefittrade and the economy as a whole.

UpdateUpdateUpdateUpdateUpdate1212121212 VIZAG INDUSTRIAL SCAN Dec 16-31, 2012

VIS News Service

The Sabarimala packageof APSRTC has

become a big hit with thedevotees fromVisakhapatnam. A recordnumber of 11 special busesleft for Sabarimala. Ofthese, three left on a six-day package tour, five on aseven-day tour, two on aneight-day tour and one ona 12-day package tour toSabarimala. TheVisakhapatnam Region ofRTC has netted Rs.15.70lakh from these 11 specialservices. With this the totalnumber of special servicesbooked so far this year hasgone up to 70 securingrevenue of Rs.1.02 crore tothe region.

The total number ofSabarimala specialsoperated during the seasonlast year was 69, DeputyChief Traffic Manager

VIS News Service

Coffee is a fovourite inmany countries and

India is one of the largestgrowers of coffee. Fromcontry to country andregion varities of coffee isconsumed and some havebecome internationalbrands. But south Indianfilter coffee is unique inflavor and taste. To bring that great flvourand taste two dynamicentrepreneurs havelaunched 100% FilterCoffee Kiosk at Spencershyper market “KoffieKitchen”. Ms.Valli

Coffee good for diabetics: Valli

VIS News Service

The “ChristmasFeast “ conducted by

Gren park from 21st to 30th

Dec’ 12, from 7.30pmonwards at its Once Upona Time restauranthasturned out to be a big hitwith people coming indroves to enjoying thelavish Veg and Non Vegbuffet dinner whichincluded Soups, Snacks,Salad bar and Cold Meatplatter prepared by theRegional Executive ChefL.M. Bhatnagar and histeam.

VIS News Service

The Union Minister ofState for Commerce

and Industry, Ms. D.Purandeswari, whorepresents Visakhapatnamin the Lok Sabha, held areview meeting withofficials of the Tourism andRailways, andinfrastructure developers inNew Delhi recently

She discussed issuesrelated to the developmentof tourism projects like

Finalise tourism projects byMarch-end: Purandeswari

development of a tourismpark, Arogyadham,Science and EntertainmentCity, InternationalConvention Centre andWorld Class Theme Park.

Ms. Purandeswaricalled upon the officials togive a shape to the projectstaken up under the PPPmode and prepare DetailedProject Reports (DPRs)and also asked them to getthe DPRs approved by therespective departments inVisakhapatnam by March

2013.The Special Chief

Secretary (Tourism),Government of AP, Ms.Chandana Khan IAS,Additional Member(Traffic), Railways, Mr.Satya Prakash, personalsecretary to the TourismMinister, Mr. Pratap andILFS MD, Mr. Srinivasand senior vice-president ofSriya Infrastructure(Hyderabad), Mr. P.R.Rao attended the meeting.

Christmas feast at Green Park a big hitThe Christmas buffet

dinner priced just Rs.-425/- + Taxes per person.People not only enjoyed thesumptuos dinner but alsothe carols and the pranksof Santa Clause whichmirrored the spirit ofChristman, the hotels’sGeneral Manager, Mr. K.M. Rao said.

The main course non-veg included: Mutton DumBiryani, Kalmi Masala,Shahi Unda, PrawnVindaloo, Chapala Pulusu,Sliced Fish Singapore Style,Shezwan Mixed FriedRice.

For the main course vegthere were: PaneerBikaneri, Kaju MutterPeshawari, Tamatar KiKut, Palak Vegetables, VegManchurian Gravy, UpongVeg/Thai Crisp Veg, SpicyNoodles, Cottage CheeseCanallonni, VegetableMousaka, Corriander MashPotato and many more…

The F&B ManagerMr. Samit Kumar hasseen to it that the staffwere dressed in the s

House KeepingManager Eswar Rao haskept his best efforts to dressup the hotel – lobby, Tulips

and Once Upon a Timerestaurants according tothe Christmas Theme.New Year bash

GreenPark has comeout with an innovativetheme “PLANET LOVE”to usher the New YearShow. Renowned dancetroupe of Kolkata“EXPOSURE” andkaraoke singer David ofRhythm & Taal are all setto make you dance till theclock strikes 12 to invite theNew Year - 2013. Priyawill warm up the crowdwith her mellifluous voice.

VIS News Service

Only 15 per cent ofinternational travellers

go in for insurance whiletravelling abroad. vice-p r e s i d e n t - H e a l t hUnderwriting & Claims,ICICI Lombard GIC, Mr.Amit Bhandari, , said therecently re-launchedinternational travelinsurance product fromICICI Lombard was thefirst to cover travellers upto 85 years of age withoutany medical check-up. It

Very few internationaltravellers taking insurance

also covered pre-existingdiseases under medicalemergencies, apart fromhandling other risks likepolitical disturbances andcatastrophic evacuation, hesaid at a press conferencehere on Thursday.

As of now, claims datafor Andhra Pradeshindicated that 80 per centof claims were fromWestern markets like theUnited States and Canada,with 78 per cent of thembeing largely for medicalexpenses

VIS News Service

The Railway Board hasagreed to extend the bi-

weekly Visakhapatnam-Sabarimala t rain up to theend of January, following arequest from the UnionMinister of State forIndustry and Commerce,Ms. D. Purandeswari, ina letter to the RailwayBoard Chairman, Mr.Vinay Mittal.

Sabarimalatrain to run tillJanuary-end

VIS News Service

‘Vivanta by Taj —Hotels & Resorts’ todayannounced the opening ofits first hill station hotel inCoorg, about 247 kmfrom Bangalore.

This is the 25thproperty of the Taj groupto be opened under thenew brand launched in2010 it said, adding it issituated at an altitude of4,000 ft within 180 acres

Taj Group opens first hillstation hotel in Coorg

of sub-tropical rainforest.The MD & CEO,

Indian Hotels CompanyLtd, Mr. Raymond N.Bickson, said: “Vivantaby Taj — Madikeri,Coorg is the Taj Group’sfirst hill station hotel.

“The hotel offersunique experiences such asearth craft, adventure trailsand survival training, aCoorg conservatory anddestination cued dining andcultural motifs.”

RTC Sabarimala package a big hit(Visakhapatnam Rural),Mr. P. Jeevan Prasad toldthe media recently.

He expressed the hopethat the region wouldachieve its target ofoperating 117 specialsduring the presentSabarimala seasonconsidering the fact thatMakara Vilakku andMakara Jyothi festivalswere still ahead.Sankranti Specials

In addition to the 10non-AC and four AC busesbeing operated regularly toHyderabad, the region hasplans to operate 57 Specialservices from Hyderabad toVisakhapatnam fromJanuary 9 to 13 for thebenefit of people of theSteel City coming home forSankranti. As many as 48specials would also beoperated for the returnjourney for January 18 to

20.This takes the total

number of specials fromHyderabad and back to106. The fares on thesespecial buses would beone-and-a-half times morethan what is charged onnormal services.

Mr. Jeevan Prasad saidthat there were plans tooperate special buses tovarious destinations likeVijayawada andAmalapuram to cater to thedemands from peoplevisiting their native placesfor Pongal. The details ofthese short-distanceservices would beannounced later.

For more informationcontact: Mr. JeevanPrasad (Mobile No.99592 25582) orAssistant TrafficManager Mr. B.V.S.Naidu (Mobile No.99592 25234).

VIS News Service

S ingapore TourismBoard (STB) More

flights from India,attractive offers and moretourism offerings are whatthe is using to woo Indiantourists in 2013.

According to STB’sArea Director-South Asia,Mr. G.B. Srithar, inboundtourism from India movedup to position number fourin 2011 from No. 5 in 2010.The top five countries inthe list of 15 from wheretourists visit Singaporeinclude Indonesia, China,

Singapore woos Indian touristsMalaysia, Australia andIndia, he said, adding thatthey had registered touristarrivals of 13.2 million in2011 (13 per cent up from2010) and expected 2012 toclose with 14.5 milliontourists.

The STB waspromoting new offers andpersonalised experiences.Travellers from India inparticular and South Indiaspecifically, were growingevery month as they tendedto re-visit and catchattractions that they couldnot earlier. In 2011, 8.79lakh Indians visited

Singapore.New tourism

destinations included theGardens by the Bay,Marina Bay Cruise,Resorts World Sentosa,the International CruiseTerminal and the soon tobe introduced Marine LifePark at Resorts WorldSentosa and the RiverSafari, Mr. Srithar said.

SilkAir’s Manager, Mr.Jagadish Ram Bhojwani,said that they wereworking to include moredestinations in India,including Tier-II cities forinternational flights.

The special buseslaunched by the

Visakhapatnam Region ofAPSRTC for the ‘PanchaVaishnava Divya KshetraSandarsanam’ for thebenefit of devotees visitingthe five Vaishnavite holyplaces duringDhanurmasam has turnedout to be a big hit . Thebuses will cover DwarakaTirumala, popularly knownas ‘China Tirupathi’,Antarvedi, Appannapalli,Gollala Mamidada, andAnnavaram temple.

Pilgrims, who travelledon the first special bus,were full of gratitude to theRTC for arranging thepackage tour at areasonable price.

The provision of a ‘tourcoordinator’, whoaccompanied the pilgrims,also came in forappreciation.

Ramgopal and Ms.Meena Goti plan tospread the 100% filtercoffee culture in Vizag.

Ms .Valli who did asurvey of Chennai andCoimbatore found thatfresh filter coffee kioskswere very popular and

people relished the cup thatinspires. Latest reportsshow coffee drinking isactually good for health.

Two to four cups a daycan stem Type2 diabetes,give some protectionagainst cardio vasculardisease and may prolonglongevity. All this at anaffordable cost, Ms. Valliadds.

“Koffie Kitchen servesfresh hot filter coffee whichis made before you andserved hygienically. Thecost won’t hurt you. Youcan open up with a cup ofcoffee at Koffie Kitchen.”Ms.Valli says.

With the completion ofthe work on an

integrated air cargocomplex appearing to bedelayed for some moretime, temporaryarrangements are beingmade for handling of exportcargo from VisakhapatnamAirport. Andhra PradeshTrade PromotionCorporation (APTPC) isthe custodian ofinternational cargo andGSEC Ltd (formerlyknown as Gujarat StateExport CorporationLimited) are the handlers.

The Union Minister ofState for Commerce andIndustry, Ms. D.Purandeswari has agreedto release funds from herMinistry as construction ofthe integrated cargocomplex will boost tradeand commerce.

Arrangements forcargo handling atVizag Airport

Dhanurmasam specials The fare on Deluxe

buses has been fixed atRs.750 (adults) and Rs.400(children up to 11 years)and on Super Luxury atRs.880 (adults) and Rs.460(children). “We have a tie-up for ‘darshan’ atDwaraka Tirumala (WestGodavari district) butpassengers would have topay for it. The tourcoordinator, accompanyingthe passengers is our staffmember, would take careof logistic support likegiving advance intimationto the temple staff. He isnot a guide, who can giveinformation about thetemples,” according to theDeputy Chief MechanicalEngineer (VisakhapatnamRural) Ch.Appalanarayana. Thespecial buses are alsoavailable on January 4, 5,11 and 12.