www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Videocon head Dhoot shares company’s big investment plans with CM

Font Size

Express News Service

Posted: Jun 13, 2008 at 0133 hrs IST

Kolkata, June 12 Videocon Industries Ltd chairman Venugopal Dhoot on Thursday iterated his company’s plan to invest Rs 8,000 crore in West Bengal’s IT sector and set up a solar power plant, in addition to the Rs 15,000 crore already promised last October in a 3 million tonne steel plant in the Asansol-Durgapur belt of Burdwan district.

Dhoot also met chief minister Buddhadeb Bhattacharjee to discuss his projects. “The Chief Minister enquired about the employment prospects in these projects,” he said . The Chief Minister wanted to know whether Videocon was facing any problem in the operations of its two factories in Kolkata that assemble television and computer parts, said the chairman.

Dhoot said his group would invest Rs 6,000 crore in two knowledge parks to come up in Siliguri and Kalyani, Rs 500 crore in an IT Epecial Economic Zone (SEZ) in Siliguri, Rs 1,000 crore on an IT park in Kolkata and Rs 500 crore on a 20 mw solar power project in either Bankura or Purulia. The IT SEZ in Siliguri will house a voice-based BPO and will employ 500 people in the first phase.

He said Videocon has started acquiring the 4000 acres required for the steel plant. “We are waiting for allocation of coal blocks from the Centre. We will buy iron ore directly from our captive mines,” he added.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

India worried over rise of terror in Pak, Afghanistan: PM

Koda to be questioned by IT officials in Ranchi

Dalai Lama arrives to rousing reception by Tibetans

Law Ministry has no details of Moily's travel expenses

11 killed, 36 injured in Peshawar market blast

A miracle baby lives with his heart out of his body

'Organised Left prevented naxals from forming base in WB'

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map