Hindustan Construction bags a project worth Rs 3,000-cr

Hindustan Construction which is one of the leading construction companies with a turnover of Rs.-600 crore has recently bagged a huge project. Estimated at Rs. 3,000 crores, this project involves building of reactors and major control room buildings of Nuclear Power Station in Kudankulam, Tamil Nadu, and Rajasthan Atomic Power Project, for Nuclear Power Corporation of India.

The company has plans to take it in the global market, which it plans via major projects in domestic and international markets. The company has regular construction activities such as a variety of infrastructure works like nuclear power stations, hydro-power works, tunneling works, bridge across the sea and major rivers, and underground metro works. The company also has a presence in construction of roads and highways. In order to expand its activities abroad, the company is now planning hydel projects as well as bridges in Southeast and central Asian markets.

Unitech to build Rs 200 cr residential complex

One of the real estate majors- Unitech is now planning to build a Rs 200-crore residential complex in Gurgaon. The company will build a luxury residential complex over 15.4 acres in Gurgaon, next to South City.

The total sale value of the high-profile complex which will be built across the National Highway-8, is estimated at Rs 200 crore. The project would be ready by September 2004.

The company will invest Rs.50 crore in initial stages of development while the rest of the funds would be arranged by selling the flats. Of this, Unitech is investing Rs.35 crore and rest of the amount will be put by financial institutions. The complex has provision for 11 lakh square feet built-up area with 500 apartments and 100 per cent power back-up facility.

H&R Johnson India soon to become a sourcing hub

H&R JOHNSON in India which is a leading tile manufacturer is soon becoming a sourcing hub for its collaborator, H&R Johnson Ceramics International, and its associate companies across UK, Greece, Australia. The company that sells its products under the brand ‘Johnson’ in India and abroad are expected to increase the company’s export sales from 4% of sales to 15%. The company in India will be a global source of high-end products. The company has a number of products, which are not manufactured in bulk globally. Products such as Marbonite which are vitrified tiles with Italian marble look, Porselano (glazed tiles) and Endura (Industrial tiles) will be exported to the US, UK, and Germany, Australia and other Europe countries.

The company makes large vitrified tiles only in India, which are at par with global design and quality. For meeting demands of the export market, H&R Johnson (India) is planning to invest Rs 68 crore in Pune for an additional 2 m sq meter capacity. The capacity at Pen is now expected to rise from 5m square meters to 7m square meters.

The company currently has a total capacity of 15m sq meters spread across four plants in India at Pune, Bangalore, Pondicherry and Indore. The company has already invested Rs 350 crore in the last four years across all its plants. Johnson India now is the first company, which has been selected for the global market for high-end products.