Fresh investment in June 2012
Absence of big ticket projects indicated the missing animal spirit in the Indian projex arena. The month, June 2012 was not much different from May 2012 in terms of startup projex. According to ProjectsToday.com in all the month saw a total of 653 start-ups worth Rs 32,225 crore, as against 606 startups worth Rs 37,752 crore during May 2012.
The Manufacturing sector, which is performing awfully below its potential for the last couple of years, accounted for almost 45 per cent share in the total investment announced during the month. The sector attracted 96 projects worth Rs 14,453 crore. A Rs 6,000 crore, one million tpa capacity fertiliser project of Nuziveedu Seeds in Tripura and a couple of cement projects (Rs 2,500 crore of projex) accounted for bulk of the fresh projex in this sector.
![]()
The infrastructure segment attracted 490 start ups (Total projex: Rs 11,715 crore). However, of the 490 projects only a couple were of mega size and these were owned by government agencies. This included, Delhi-Chandigarh Expressway Project of NHAI and a proposal of Gujarat Maritime Board to develop a shipyard with a capacity of 15,000 DWT at Dahej in Bharuch district of Gujarat.
Of the 35 new power projects were announced in June 2012, non were of mega size. Among the new power projects, the two notable projects announced by Beta Wind Farm were: a Rs 965 crore power project (156 MW) in Tirunelveli district of Tamil Nadu and a Rs 588 crore project (95 MW) in Anantapur district of Andhra Pradesh.
![]()
With Reserve Bank of India, reluctant to reduce the interest rates and the government not able to pep up the investment environment, the lull period in fresh projex is expected to remain for atleast another couple of months.
Absence of big ticket projects indicated the missing animal spirit in the Indian projex arena. The month, June 2012 was not much different from May 2012 in terms of startup projex. According to ProjectsToday.com in all the month saw a total of 653 start-ups worth Rs 32,225 crore, as against 606 startups worth Rs 37,752 crore during May 2012.
The Manufacturing sector, which is performing awfully below its potential for the last couple of years, accounted for almost 45 per cent share in the total investment announced during the month. The sector attracted 96 projects worth Rs 14,453 crore. A Rs 6,000 crore, one million tpa capacity fertiliser project of Nuziveedu Seeds in Tripura and a couple of cement projects (Rs 2,500 crore of projex) accounted for bulk of the fresh projex in this sector.
Of the 35 new power projects were announced in June 2012, non were of mega size. Among the new power projects, the two notable projects announced by Beta Wind Farm were: a Rs 965 crore power project (156 MW) in Tirunelveli district of Tamil Nadu and a Rs 588 crore project (95 MW) in Anantapur district of Andhra Pradesh.
Projex: project expenditure or capital expenditure.
ProjectsToday.com is a Mumbai based research outfit which monitors over 45,000 projects across major sectors in India.
One crore = Ten million
ProjectsToday.com is a Mumbai based research outfit which monitors over 45,000 projects across major sectors in India.
One crore = Ten million
No comments:
Post a Comment