Thursday, November 09, 2006 

Itz Samsung (Chennai) next..!!

On the lines of Nokia, Flexitronics and Motorola now Samsung all set to establish their manufacturing facility in Sriperumbudur near Chennai. Samsung today announced its plan to invest Rs 500 crores for manufacturing electronic consumer durables, colour monitors, apart from mobile handsets and base station.

According to official sources, Samsung has applied for 80 acres of land in the area, earmarked for the Electronic Manufacturing Services (EMS) companies and plans to invest Rs 500 crores.

The company is expected to formally sign an agreement with the Government of Tamil Nadu in the next couple of days.

“Samsung will manufacture electronic consumer durables, colour monitors, apart from mobile handsets and base stations,” sources told CyberMedia News.

The move comes barely a month after Prime Minister Manmohan Singh as well Union Communications and IT, Dayanidhi Maran indicating that Samsung might set-up its facility at the recent launch of Flextronics facility late last week.

Moreover, Hyunchul Ryu, managing director, Samsung Telecommunications India had said in a statement, during Mobile Asia 2006, that the company would be expanding its capacity to three million by next year.

The Sriperumbudur plant would be Samsung’s second facility in India after the one at Manesar.

Read more!

1:10 PM | |

Thursday, November 02, 2006 

CMDA wakes up - Finally..!!

CMDA finally wakes up to the recent Chennai High court order. Several shopping complexes in Chennai have flouted the development control rules leading to a very little parking space and inadequate facilities to handle the crowd it attracts. In a landmark ruling, the court quashed the regularisation of all buildings granted after the cut-off date of February 28, 1999. It said the buildings or floors constructed in violation of development control rules should be demolished in their entirety.

It directed the creation of a monitoring committee of serving and retired officials and urban activists, to cover all buildings, which were more than four floors in height. "Where the construction of the entire building is illegal, the building has to be demolished. Where an extra floor has been put up illegally the same should be demolished. Necessary modifications/demolition must be done for satisfying the norms for fire safety and car parking facilities within the building premises."

The Chennai Metropolitan Development Authority has now issued notices to over 25 leading shopping complexes in the city for violating the building regulation rules by constructing additional floors without proper Planning Permission.

In its notices, the CMDA has said that the constructions in the complexes were in gross violation of Section 49 of the Town and Country Planning Act 1971, or in contravention of the planning permission granted under the section.

The CMDA called upon the owners of the premises, which includes several popular malls such as Saravana Stores, The Chennai Silks, Pothys, GRT Jewellery, Saravana Gold House, to restore the constructions as per the planning permission within a month's time, failing which action will be initiated against them as per the Town and Country Planning Act of 1971.

All the shopping complexes were found to have constructed at least upto five unauthorised extra floors and had not built proper parking lots for customers.

Read more!

11:27 AM | |

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