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Ramco Cement plans to set up a cement plant in the Kurnool district of Andhra Pradesh. Aiming to invest Rs 3,000 crore, the company will also invest in building a 20-km railway line to facilitate connectivity. Its new facility in Visakhapatnam will also be commissioned by October 15, 2014.
Coal India, the world's largest producer of the fuel, plans to form a partnership with the Port of Visakhapatnam on the east coast to increase import capacity as power generation demand rises.
Starwood Hotels and Resorts Worldwide has planned 18 new hotels across India by the end of 2015. It will include cities like
Delhi, Mumbai, Bengaluru, Hyderabad and Jaipur
My Home Industries Ltd has commercially started production at its fourth cement plant in Visakhapatnam district, with an annual capacity of 1.3 mn tonne.
The Public-Private Partnership Approval Committee a government panel, has approved three projects worth over Rs 7,700 crore to be developed through public-private partnership (PPP) mode.
Visakha Container Terminal Private Limited has started negotiations with major cranes manufacturing firms in order to increase its handling capacity to 600,000 boxes a year, by spending about Rs 120 crore over the next two years.
Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai recently.
It took Vizag by surprise. All we could do was stand by our doors and windows, and see trees being uprooted and electric poles falling. In some apartments, the furniture blew out from one window into the other. Once the reverse action of the cyclone started, cars were moving sideways because of the wind. There wasn´t a single building that didn´t suffer damages.
NMDC plans to invest about Rs 2,400 crore to lay a pipeline between Chhattisgarh and Visakhapatnam in Andhra Pradesh.
The US will assist India in developing three smart cities in Allahabad, Ajmer and Visakhapatnam.