The Democratic Front government on Friday unveiled an ambitious policy to develop Nashik, Nagpur and Aurangabad as new IT hubs in a time-bound period. “Based on a survey conducted by Nasscom, we have formulated a new IT policy. Since there is saturation of IT industries in the Mumbai-Pune region, we will now concentrate on developing [...]

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With recession hitting the automobile industry, Satpur-based tyre manufacturer CEAT has asked its workers to temporarily suspend work for a week. Addressing a meeting of workers at Satpur, the Centre for Indian Trade Unions (CITU) Vice-President Mr Sayeed Ahmed said that CEAT had suffered heavy losses due to rising commodity prices such as petrol and [...]

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PLG Power, a flagship energy and power division of the Rs 2000 crore PLG Group, successfully inaugurated its world class solar power project (100 per cent EOU) to manufacture 50 MW of solar photovoltaic modules recently at, Nasik, Maharashtra, under the technical and turnkey collaboration with Spire Corporation, Boston, USA. The state of the art [...]

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The sedan’s sales have been steadily declining this year as high interest rates kept customers away.  Auto maker Mahindra Renault Pvt. Ltd has scaled back production of Logan sedan by at least half, after sales sharply fell in the past months. The car maker will produce about 1,000 Logans at its Nashik plant in November, [...]

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GlaxoSmithKline (GSK), the second largest drug maker in the world, has announced that the company will set up a new manufacturing production line in Nashik, Maharashtra to manufacture 300 million tablets of albendazole per year for the treatment of Lymphatic Filariasis (LF). Also Read News Now Paper Specials – Nervous markets wait for global cues [...]

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Bharat Sanchar Nigam Limited (BSNL) has decided to provide its broadband customers Internet Protocol Television (IPTV) starting this Diwali “IPTV service is likely to be launched in Nashik early next month for broadband customers,” BSNL’s General Manager Ashok Veer told reporters on the sidelines of the ‘BSNL Mela’ held here. The service will include 99 [...]

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Indian specialty steelmaker Mukand Limited is planning to set up a stainless steel wire manufacturing facility near Nashik at a total investment of INR 300 crore. The proposed facility, which will be set up at Sinnar area of Maharashtra Industrial Development Corporation, is expected to be operational in the next 12 to 15 months. A [...]

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There is contineous news that tata will move out of Singur. All state goverments are putting a red carpet to them. As it is said you win some and you some. There is a lot of speculation that it will come to Maharashtra. If then it finally comes to maharashtra could it come to Nashik [...]

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Considering tremondous response to its newly launched Common Rail Injector(CRI) production at Nashik plant, BOSCH, world’s largest auto-component company has decided to double its production by 2009, a top company official said today “BOSCH will invest Rs 2,650 crore in India during 2005-2010 and its Indian arm company will invest Rs 1,000 crore during 2005-2010 [...]

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to make India a key sourcing hub as China loses its cost advantage due to the appreciation of its renminbi currency and stricter labour laws. Samsonite, which currently sources one-lakh units of luggage per month from its manufacturing unit in Nasik and through long-term agreements with other manufacturers, will more than double this over the [...]

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