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.
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.
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.