with love to indore

Saturday, June 28, 2008

Man industry to close Pithampur plant

http://www.thehindubusinessline.com/2008/02/23/stories/2008022351900200.htm
http://www.steelguru.com/news/index/2008/02/25/Mzc2Nzg%3D/Man_Industries_to_relocate_pipe_mill_to_China_-_Report.html

One more industry goes out of MP.This is when government is organizing investor meet in all major cities but actually no industry has come to Indore in last 5 years. Man group was second biggest pipe manufacture in India and given rise in oil prices is bound to reap rich benefits.

But local media is obviously not interested and nor the able Minister from Indore
Another interesting item I found on Rojgar Nirman - all employment news it ha about teachers or clerks in government department . No job in industries which means MP is stagnated in this area. Even in Indore all buzz is around real estate and trading only. This Man group is also developing an SEZ!!!

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