Business
BusinessEnvironment

SIPCOT land eyed by Sterlite given to furniture park, space for plant expansion curtailed

Sterlite needed about 700 acres to build Unit 2 of its existing copper smelter plant. After the government allotted it 324.5 acres in Thoothukudi’s SIPCOT Phase 2, the company had sought more land for the expansion. Now, the extra land sought for the purpose has been re-allotted to an International Furniture Park, putting a spoke in the wheel of Sterlite’s expansion.

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Business

Why Tesla should take over the Chennai Ford plant

Chennai is already an automobile manufacturing hub, where most car companies as well as two-wheeler Electric Vehicles, are made. As the city already has a car manufacturing plant ready to go as well as a major port, Tesla would do well to bring its business here.

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Ford Chennai Plant