Swarnabhoomi Academy of Music launches one and two year diploma courses


Swarnabhoomi Academy of Music (SAM) – the professional music college under the aegis of MARG Ltd,  is all set to welcome the Fall 2012 batch of students for the Diploma certificate program.

Swarnabhoomi Academy of Music,SAM,marg swarnabhoomi,education at marg swarnabhoomi,music college

Swarnabhoomi Academy of Music (SAM)

The one and two year diploma course is scheduled to commence on 22nd August 2012. SAM’s recent partnership with the world renowned McNally Smith College of Music, USA enables interested students to transfer credits after graduation to pursue a degree program at the American college with scholarships. Interested applicants can register for the course at http://www.sam.org.in/admissions/application/

SAM,Swarnabhoomi Academy of Music,Marg Swarnabhoomi

(SAM)-Swarnabhoomi Academy of Music at Marg Swarnabhoomi

This Fall 2012, Swarnabhoomi Academy of Music has roped in international star faculty from 6 countries that promise to deliver an exciting and enriching learning experience for the students. The line up of the international faculties includes American Keyboardist best known as member of progressive metal band ‘Dream Theater’ and progressive Rock supergroup ‘ Liquid Tension Experiment’ , Pianist and Composer Jordan Rudess as guest faculty. In addition, the full time faculty includes Sofia Tosello (Argentina), Yuri Juarez (Peru), Deanna Witkowski (USA), Arthur Kell (USA), Karina Colis (Mexico), Fjoralba Turku (Albania), Juancho Herrera (Venezuela), Dario Boente (Argentina), Lonnie Plaxico (USA), Phil Maturano (USA), Prasanna (world renowned guitarist and composer) and Karthick (Internationally renowned Ghatam artist).

SAM recently signed an articulation agreement with McNally Smith College of Music in Minnesota, USA. Through this arrangement, students pursuing a Two year diploma at SAM can effectively get a degree from McNally Smith College of Music. As per the understanding, after completing the diploma program from SAM, students can transfer upto 60 credits completed to the American institute. In addition to the diploma, this would enable students to obtain a Bachelor’s degree after attending two years at McNally Smith.

Commenting on the exciting developments at SAM, GRK Reddy, Chairman and Managing Director, MARG Group said, “In a short span of two years, SAM’s achievements are remarkable. We have seen a transformation happening with 226 cumulative Diploma and Camp students from 6 countries, 46 faculty from 20 countries, an exchange partnership with McNally Smith College of Music and stellar support from top establishments in the music and education industry including Hal Leonard Publishing, Mesa Engineering, Kawai, Orange, Dixon, DW, Sabian, Meinl and other major players. ”

Top students from SAM are also eligible for a scholarship at McNally Smith. This will enable the students of SAM to get a degree from McNally Smith and a Diploma from SAM at a much lower cost than what a degree at McNally Smith would have otherwise cost him/her. The exchange programme will start from the Fall 2012 batch.

Prasanna, President, Swarnabhoomi Academy of Music (SAM), says “Our philosophy from day one has been to impart value based education through music and focus on giving our students the macro and micro skills essential for building careers in music. We believe that Music is about people, about communities, about shared communication that comes out of a willingness to address the human condition in all its glory and imperfection. At SAM we assemble a rotating faculty of some of the brightest and most diverse musical minds from around the world, put them all together and create a challenging and rewarding environment”.

A measure of how much the college has become sought after in the international music world can be seen from the fact that Fall 2012 will witness students such as Conrad Reeves who just graduated with a degree from Oberlin Conservatory, America’s oldest and one of the most prestigious conservatories in the world that was awarded a medal of honor by Barack Obama recently, Neal Goldberg who studied at Berklee College of Music, well known Tunisian drummer Ayman Boujlida who has a degree in music and musicology, Joel Thielman, an exchange student from McNally Smith, Maria Lucas from Argentina who is an exceptional singer alongside being a PhD candidate in Sustainable Housing Development at Putra university, a few other international students and many other amazing students from India.

Looking forward to yet another exciting music season at SAM, AP Ganeshram, CEO, MARG Swarnabhoomi and Education Services said, “SAM has been a successful institute in providing a collaborative exchange of ideas & thoughts through a modern gurukula style of imparting music. The unique rotational faculty concept maximizes the students’ learning experience to make it as broad musically and culturally as possible. Diversity, creativity and discipline are foundations of the SAM curriculum”.

SAM also have interesting collaborative partnerships coming up with Sao Paulo’s Souza Lima Conservatory , one of the largest and most prestigious music colleges in Brazil and the exciting Indian International Arts Festival 2013 of which SAM will be a partner along with Allan Tweedie, a veteran music promoter from Scotland .

SAM’s President and renowned guitarist Prasanna had debuted as a music director in the Tamil Film “Vazhakku Enn 18/9” with two heartrending songs which do not feature any instrument in the background but brilliantly underscore the poignant moments of the film.

Education is the fundamental building block of MARG Swarnabhoomi’s ecosystem. For this purpose, infrastructure and association are being created to cater right from elementary to higher education. And the educational institutes collaborating from India and abroad will transform MARG Swarnabhoomi as the intellectual capital with thriving high-quality human resource.

MARG Swarnabhoomi Institute of Creative Technology,Marg Swarnabhoomi,Education at Marg Swarnabhoomi

MSICT – MARG Swarnabhoomi Institute of Creative Technology @ Marg Swarnabhoomi

MARG have recently joined hands with Central Institute of Technology, Australia to offer various vocational courses in India and Limkokwing University of Creative Technology, Malaysia, to offer innovative programmes on Games, Animation, Creative Multimedia, Advertising, Fashion & Hair Design, Interior Design, Product Design and Tourism Management etc.

Visit:

Visit:Swarnabhoomi Academy of Music : http://www.sam.org.in/

MARG Swarnabhoomi Institute of Creative Technology : http://msict.ac.in/

Source :educationsun

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MARG FY12 net profit jumps 85%


MARG Limited, one amongst India’s fastest growing infrastructure companies, today announced its financial results for the year ended March 31, 2012.

The company registered a 38% increase in revenue which stood at Rs. 15.01bn in FY 2011 – 2012 as compared to Rs. 10.85bn in FY 2010 -2011. PAT increased by 85% which stood at Rs. 1.11bn in FY 2011 – 2012 as compared to Rs. 60 crores in FY 2010 -2011. Overall the business verticals have shown robust performance.

Business Highlights

MARG Karaikal Port handled 6.01 MMT of multi-cargo in FY2011-12 and reported a  top line of Rs.220 crores, EBITDA – Rs. 99 crores and a PAT of Rs. 32 crores

EPC revenue at Rs.1,440 crores in FY2011-12, increase of 43% YoY – share of external EPC at 41%; Current order book  at around ~Rs. 3,250 crores

MARG Swarnabhoomi’s FY2011-12 revenue stood at Rs.88 crores EBITDA at Rs. 13 crores and PAT at Rs. 2 crores

MARG ProperTies, the real estate arm of MARG has sold 0.53 million sq ft (497 units) in FY2011-12, with sale value of Rs.157 crores

Commenting on the company’s performance in the year ended March 31, 2012, GRK Reddy, Chairman & Managing Director, MARG Group said, “Our results for the year under review are very encouraging. It has been a year of strong performance and consolidation. With the global economic trend still continuing to be sluggish, we are glad to have put a robust performance across all Group verticals. With EPC continuing to be the core business and MARG Karaikal Port, MARG ProperTies and MARG Swarnabhoomi expected to be strong complementary business units, FY 2012-13 promises a strong curve. ”

Performance of Business Verticals

EPC Business

EPC revenue of MARG Limited at Rs. 382 crores in Q4 FY 2011-12

The full year revenue stands at Rs.1,440 crores, increase of 43% Y-o-Y

Current EPC order book at around ~Rs.3,250 crores, external orders account for ~30%

Successfully completed & handed over residential Building for NBCC (Rohtak), Non Plant building for IOCL & HPCL, ELCOT IT Park project at Trichy, PADCO Housing etc

Won prestigious external projects including orders from Bhavnagar Energy Corporation Limited, Lucknow Development Authority, National Building Construction Company Ltd

Almost doubled the value of Plant & Machinery and other construction equipments in current financial year

Marine Infrastructure

Karaikal Port

During Q4 FY 2011-12, handled a traffic of 1.62 million tonnes of multi cargo & 56 major vessels including 0.87 million tonnes of cargo handled during March 2012 being the highest cargo handled in a single month.

During FY 2011-12, handled 6.01 million tonnes of multi cargo & 191 major vessels vis-à-vis 4.75 million tonnes & 122 major vessels handled in FY 2010-11. – Y-o-Y growth of 26.53% and 56.56% respectively

Successfully handled the MV Manousus P in March 2012 with a parcel size of 72,848 MT of coal cargo– the biggest cargo vessel handled till date

During Q4 FY 2011-12, handled 290 rakes.  Handled 1,087 rakes in FY 2011-12 vis-à-vis 745 rakes in FY 2010-11 and handled 1,859 rakes since commencement of railway operations at the port

Handled the first crude oil vessel for CPCL in Feb 2012.

Agreement signed with Ascent  Capital Advisors Private Limited for a PE Investment  of Rs. 200 Crores  – Availed the drawdown through Primary of Rs.50 crores and Secondary of Rs.150 crores

Signed term sheet with Jacob Ballas for PE Investment of Rs.100 crores (Primary) and Rs. 100 crores (Secondary from IIF to JB); Rs. 100 crores received from JB in Karaikal Port in April 2012.

Receipt of sanction from IIFCL for partial takeout of Rs.86.21 crores out of Phase 1 term loans at a lower Rate of Interest

In Q4 FY2011-12, Karaikal Port’s revenue stood at Rs. 57 crores

For FY2011-12 Karaikal Port achieved a top line of Rs. 220 crores; EBITDA of Rs. 99 crores and a PAT of Rs. 32 crores

Urban and Industrial Infrastructure

marg swarnabhoomi logo

marg swarnabhoomi logo

MARG Swarnabhoomi

Engineering SEZ

MOU/Leases signed with M/s Tecpro Energy Systems, M/s Twin Disc (Far East) Pte Ltd, M/s Eswari Electricals and M/s Kwik Patch Ltd taking the total number of units in LES to 8 in FY-12 compared to 4 in FY-11.

Virgo Engineers, M/s P.H.Hydraulics and Pneumatics, M/s Eswari Electricals and M/s Vanspall Associates have started operations from their plant in the engineering SEZ in FY-12 taking the number of operational units to five in FY-12 as against one unit in FY-11.

Total exports from the engineering SEZ in FY-12 was 1221 lakhs, apart from this SEZ to SEZ and SEZ to DTA Sales of 677 lakhs.

Science and technology Park

Construction of phase-I spread over 210,000 sq ft of Wet Laboratory building is underway in MARG Swarnabhoomi.

M/s Biophenolika Polymers has obtained approval from the Development Commissioner of State Government of Tamil Nadu for setting up an R&D Center in Polymers.

MOU sign with virginia tech to setup campus in marg swarnabhoomi

Virginia Tech University has signed MOU and is in the process of setting up its Centre of Excellence in Science and Technology Park.

Institute of Clinical Research India (ICRI), a leading player in Clinical Research Training in India is in advanced stages of setting up a campus at the Science Park.

Multiservices-Processing

Executed Lease Agreement with Exemplarr Worldwide for their Operations Center/EXCEL Finishing School (Exemplarr Center for Employability and Learning) at Amrita Research and Innovation Park (ARIP) and it has been inaugurated on 23rd May 2011 by CTS Vice Chairman-Mr. Lakshminarayan.

Subsequently, The EXCEL finishing school has commenced its first batch of certification program targeting ITES Sector in e-publishing at Amrita Research and Innovation Park (ARIP). The finishing school concept is set to bridge the gap between skill sets produced at universities and skill sets required by industries.

In principle agreement with International Institutes of repute from Australia to set up vocational training institutes at ARIP.

Discussions on with few of the IT majors for setting up their training cum operation centre at MARG Swarnabhoomi

The Team is in advanced stages of discussion with a Singapore-based International School to setup a IB school at MARG Swarnabhoomi.

Multiservices-Non-Processing

A Polyclinic and convenio store are currently operational in MARG Swarnabhoomi to cater to the needs of its employees and residents

Initial discussions are in progress for setting up a multipurpose sports complex, a golf course and a sports medicine centre at MARG Swarnabhoomi.

In discussion with a Chennai based adventure sports operator to setup a Adventure Sports cum out bound activity center at MARG Swarnabhoomi.

In discussion with an established operator to provide Serviced Apartment services at MARG Swarnabhoomi to serve both the internal demand and the tourist population of ECR.

Education Services

MARG Navjyothi Vidyalaya

MARG Navjyothi Vidyalaya

MARG Navjyothi Vidyalaya was launched and got affiliated to the CBSE within 7 months of its inception. The current total count of students is 223.

 

 

 

marg institute of design and architecture swarnabhoomi

marg institute of design and architecture swarnabhoomi

MARG Institute of Design and Architecture Studies (MIDAS) was launched and is currently functioning with 56 students with exposure to international industry architects from Spain and Singapore.

 

 

 

 

swarnabhoomi academy of music

swarnabhoomi academy of music

76 students have already graduated from Swarnabhoomi Academy of Music (SAM)

MARG Swarnabhoomi Academy of Music (SAM) has produced three bands, gaining recognition. SAM is in the process of signing an international experience agreement with an international music school based out of Minnesota.

MoU signed with Malaysia based Limkokwing University of Creative Technology

 

 

 

MoU signed with Malaysia based Limkokwing University of Creative Technology to provide industry-driven programmes on Games, Animation, Creative Multimedia, Advertising, Fashion & Hair Design, Interior Design, Product Design and Tourism Management etc.

In final stages of signing up with a leading international school in Singapore to offer international baccalaureate (IB)/Cambridge Curriculum(IGCSE) in K12 segment.

Residence

MARG adjudged the second leading developer in Chennai city in Residential sales.

755 flats sold in FY 11-12 with a sale value of Rs 126 Crores.

swarnabhoomi cityscapes logo

swarnabhoomi cityscapes logo

Launched Swarnabhoomi Cityscapes, the plot sales vertical and created one more revenue generating vertical for the business.

MARG Swarnabhoomi – Financial Performance

For FY2011-12, revenue stood at Rs. 88 crores, EBITDA at Rs. 13 crores and PAT at Rs. 2 crores

Real Estate

marg properties

marg properties

MARG ProperTies – Residential Business

MARG adjudged the second leading developer in Chennai city in Residential sales.

The Brand Mascot, Mr. Joy was launched and this unique concept won “Most Innovative Marketing Campaign” pipping some of the leading brands in the real estate sector.

Brand Presence of Marg ProperTies got enhanced with the launch of 2nd Home Shoppe during Feb 2012 in the growing IT corridor (OMR).

As part of our continuous customer engagement “Connexions” program was conducted. More than 700 customers graced the event.

Projects like Pushpadruma, Vishwsakthi (Phase-1), Lakshna and Kalpavriksha (Phase-1) are sold out.

More than 200 units in Pushpadruma are already handed over

95 units (100,000 Sq.Ft) were sold in Q4 2011-2012 with sale value of Rs.29 crores taking the total units sold to 497 and sale value of Rs. 157 crores in FY 2011-12

Cumulatively at ITD level (Till March 2012), 1727 units (1.85 million sq.ft.) has been sold with sale value of Rs.468 Crores.

marg junction mall logo

marg junction mall logo

MARG Junction, OMR – Commercial Business

The project is expected to commence operations in FY-13.

Key clients include PVR, Shoppers Stop, Hyper City; mini-anchors confirmed / LOI are Reliance Trend, Blue- O & Times Zone; Vanilla clients include Rayban, HP, Dosa plaza, Marry brown, Riyaa, EVA, Levis, Pavers England, Lee,    Wrangler, Woodlands, Denizen, Archie’s, Casio, Nike, Mufti, Begum, W, Canon, Kushal’s jewelry, Puma, INC.5, New U.

Agreement with Shangri-La has been executed for development of Hotel & interior design concept is almost finalized.

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Source: http://www.reidin.com/news/showNews/in_indinfo-inindinfore-20120515-1/marg-fy12-net-profit-jumps-85.html

Marg FY12 net up 85% Rs 111 cr


Infrastructure major, MARG Ltd, has reported 85 per cent increase in net profit at Rs 111 crore for the financial year 2011—12.

The city based company registered a net profit of Rs 60 crore in the previous fiscal, a company statement said.

The company’s total revenue for the year ending March 31, 2012 grew by 38.3 per cent to Rs 1,501 crore as against Rs 1,085 crore registered during 2010—11.

“Our results for the year under review are very encouraging. It has been a year of strong performance and consolidation. With EPC continuing to be the core business and MARG Karaikal port, MARG Properties and MARG Swarnabhoomi expected to be strong complementary business units…,” MARG Group CMD, Mr GRK Reddy, said.

MARG Group has projects worth more than Rs 3,250 crores under execution at present and has offices spread across India, Singapore and China, the statement added.

MARG signs MoU with Central Institute of Technology, Australia


Central Institute of Technology and MARG Limited have reached agreement to promote the association in phased manner for a collaborative training model.

A.P. Ganessh Ram, CEO, MARG Swarnabhoomi, and Neil Fernandes, managing director, CIT, MoU.

A.P. Ganessh Ram, CEO, MARG Swarnabhoomi, and Neil Fernandes, managing director, CIT. pose with the MoU.

MARG Limited, one among India’s leading Infrastructure companies, signed a Memorandum of Understanding (MoU) with Central Institute of Technology, Australia to offer various vocational courses in India by setting up a centre at MARG Swarnabhoomi. The MoU was signed in the presence of Neil Fernandes, Managing Director, Central Institute of Technology & AP Ganessh Ram, CEO – MARG Swarnabhoomi and Education Services. The other officials present were Dr.Kiran Sandhu – International project officer and Jamie Mackaway – GM – Strategy & development of Central Institute of Technology.

Central Institute of Technology and MARG Limited have reached agreement to promote the association in phased manner for a collaborative training model. Initially, CIT and MARG will offer vocational courses in the area of Music business, Architectural Technology & Building, Civil, Structural Engineering & Drafting, Furniture and Industry & Interior Design.  Vocational courses in Electronic Engineering, Mechanical Engineering and Drafting, Mining and Interactive Multimedia will be added in the second phase of operations.

Speaking on the occasion, GRK Reddy, Chairman & Managing Director, MARG Groupsaid “The MoU with Central Institute of Technology (CIT) is a proud moment for us. The education city within MARG Swarnabhoomi (EduCity) will soon house leading International education brands from Australia, Singapore, UK, Middle East, US & Malaysia. The partnership with CIT is aimed at addressing the growing demand for quality vocational education in India. The current scenario calls upon highly specialized & globally competitive talent to meet our industrial needs and MARG Swarnabhoomi is advantageously placed for training courses like these as it is a live lab that uniquely combines academia and industrial eco-system with serene lifestyle and living”.

MARG will earmark necessary infrastructure (fully fitted incubation space) upto 1,00,000 Sq.ft. at Amrita Park in MARG Swarnabhoomi for the delivery of selected courses. Both CIT and MARG recognise the value of co-operation in the field of vocational education and training in India and aim to Build the capacity of the Indian vocational education and training sector to support the development of a highly skilled workforce required for the economic development of India.

While signing the MoU, Neil Fernandes, Managing Director, Central Institute of Technology said “We are excited to partner with MARG Swarnabhoomi in creating a unique platform for providing knowledge and instilling self-confidence among tomorrow’s youth. The serene environment at MARG Swarnabhoomi & their excellent infrastructure support coupled with our expertise in offering high quality vocational courses will set standards in academic proficiency along with vocational and entrepreneurial skill development.”

MARG and CIT propose to work together to customise the courses based on the requirement of the Indian Vocational Education market and undertake the phased approach to assess the efficiency and effectiveness. MARG will identify and nominate the trainers who have industry qualifications aligned with the identified courses and CIT will train the trainers nominated by MARG for the identified courses to deliver the courses to students. CIT will also provide the course materials and pedagogy for the selected courses and also assist in assessing the students during and at the end of the course period.

AP Ganessh Ram, CEO – MARG Swarnabhoomi and Education Services said, “India, as a young country with 55% of its population below 30 years of age, requires very good employment opportunities. If India could impart good vocational education to its young population, it will succeed in preparing the youth as a formidable work-force of international quality. In the manufacturing and services sector there are hundreds of skills and vocations for which there is a worldwide shortage. India, even after 65 years of Independence, has not created good vocational training institutions. MARG’s and CIT’s association is aimed at bridging the gap.”

Both CIT and MARG will jointly host industry workshops and seminars on international vocational education developments. Seminars and workshops will be held on a needs basis either in India or Western Australia for the purpose of facilitating the mutual understanding between the training institutions and improving the capability of Indian training institutions. It will also develop and promote programs that are based on the Australian Qualification Training Framework, including quality assurance standards, Training Packages and assessment frameworks, customised to India’s skill development requirements.

MARG’s education initiatives are aimed at MARG Swarnabhoomi emerging as an education cluster for a New Economy. MARG has an educational focus aimed at meeting the growing global demand for skilled workforce by empowering young individuals with the necessary skill sets to bridge the socio-economic divide. These initiatives under a trust titled ‘Swarnabhoomi Academy of Institutions (SAI)’ will provide a platform for world class education with International faculty, shaping young minds and creating knowledge based society. SAI includes the Swarnabhoomi Academy of Music (SAM), MARG Institute of Design and Architecture Swarnabhoomi (MIDAS) and MARG Navajyothi Vidyalaya (affiliated to Central Board of Secondary Education).

Education is the fundamental building block of MARG Swarnabhoomi’s ecosystem. For this purpose, infrastructure and association are being created to cater right from elementary to higher education. And the educational institutes collaborating from India and abroad will transform MARG Swarnabhoomi as the intellectual capital with thriving high-quality human resource.

Source:http://www.indiainfoline.com/Markets/News/MARG-signs-MoU-with-Central-Institute-of-Technology-Australia/5401180939

 

MARG Karaikal Port’s Cargo Volumes Grow by over 26% in FY2011 – 12


Handled 8.5 Lakh tonnes of cargo in March 2012, highest ever in a single month

  • Total cargo handled at the Port rose to 6.01 million metric tonnes over the volume of 4.75 million metric tonnes handled during the previous financial year
  • All facilities now available at MARG Karaikal Port to be a multi-commodity & multi-cargo port
  • 5 berths operational with commissioning of 2 new deep drafts
  • Dedicated infrastructure to handle containers and liquid cargo
  • Fertilizer volume doubles in comparison with FY 2010-11

Chennai, April 3, 2012: MARG Karaikal Port, a subsidiary of Chennai headquartered MARG Limited, one amongst India’s fastest growing infrastructure companies, posted impressive growth in the volume of cargo handled during FY2012, making the Port one of the fastest growing in the country. The total cargo handled at the Karaikal Port rose to6.01 million metric tonnes, notching up a sharp growth of over 26.5% more than the volume of 4.75 million metric tonnes handled during the previous financial year.

One of the major factors in the growth was the increased volume of clean cargo such as fertilizer whose volumes nearly doubled in comparison with the previous financial year. March 2012 was a record setting month with the Port handling around 850,000 tonnes of cargo, the highest ever in a single month. Also the Port has handled large scale exports of raw sugar for the first time during the year and the Port also saw an increase in the export of processed sugar to various overseas destinations.

Commenting on the MARG Karaikal Port’s performance in FY 2011-12, GRK Reddy, Chairman & Managing Director, MARG Group said, “MARG Karaikal Port is fast emerging as one of the finest ports in the South East Coast of India and its performance in FY 2012 is very encouraging. Despite the rising inflation, tight liquidity, high interest rates, industrial slowdown and a challenging business environment, MARG Karaikal Port posted an impressive performance and it has consolidated its position as the new Maritime Gateway to Central Tamil Nadu. Capacity to handle large vessels and diverse cargo, single window clearance, E2E logistics, state-of-the-art equipment, competitive tariffs and an ideal location are the hallmarks of MARG Karaikal Port. 

The Port’s cargo handling capacity and capabilities increased significantly during the past 12 months as 2 new deep draft berths were commissioned, taking the total number of berths available at the Port to 5 at present. The Port has also deployed dedicated infrastructure to handle containers and liquid cargo and expanded the existing facilities catering to dry bulk cargo.

Berth no. Length overall (m) Width(m) Depth (m) Type of Vessel Cargo
Berth no.1 260 21 14.5 Panamax Liquid/General Cargo
Berth no.2 230 21 14.5 Panamax Container/General Cargo
Berth no.3 360 35.6 15.5 Capesize Coal
Berth no.4 365 35.6 15.5 Capesize Coal
Berth no.9 220 20 11 Handymax Container/General Cargo

FY 2011-12 witnessed the launch of container handling services at Karaikal Port when a feeder service linking the Port with Colombo and other Indian ports was flagged off. The container services at the Port received a further boost in March 2012 with the start of weekly scheduled train services by CONCOR that link Karaikal Port with the CONCOR ICD at Tondiarpet, Chennai.

During the year, MARG Karaikal Port received its first liquid cargo vessel when the first tanker vessel carrying crude oil for Chennai Petroleum Corp. (CPCL) refinery at Nagapattinam called at the Port during the last quarter of the financial year. This also marked the beginning of long term arrangement between CPCL and Karaikal Port to handle crude oil imports for the former’s refinery on an exclusive basis.

In keeping with the Government of India’s vision of promoting the use of coastal shipping for movement of cargo within the country, MARG Karaikal Port supported the shipping of cargo such as cement, construction materials and containers between Karaikal and various domestic destinations.

MLN Acharyulu, Executive Director- Marine Infrastructure, MARG Ltd., further added “MARG Karaikal Port’s strong growth trends in cargo volumes translated into all-round benefits for the local region as well, as the success of the Port has spurred the development of better quality road and rail links across the region, improving the connectivity options for local people and industries. Going forward, MARG Karaikal Port is confident of setting even higher standards of performance with the expected commissioning of mechanized dry bulk cargo handling facilities during the coming year, which is likely to increase the annual cargo handling capacity exponentially.

MARG Karaikal Port has transformed the field of marine architecture by Master Planning, Engineering, Design, on and off shore construction, project management and value engineering. It is committed to continuously invest in high quality infrastructure to meet the future maritime trade needs of the region. Higher discharge rates, no pre-berthing delays, faster turnaround times and savings in the integrated logistics costs vis-à-vis competing ports, has helped in attracting almost all major customers in the Central Tamil Nadu / Puducherry region.

MARG Karaikal Port, a premier, hi-tech, all weather port on the South East coast of India is notably the only all weather, deep water, multi-commodity port between Chennai port and Tuticorin port and is strategically located at the middle of this 680 km coastline. Located on the East Coast of India, MARG Karaikal Port is the new gateway to the state of Tamil Nadu in Southern India. Its combination of strategic location, state-of-the-art equipment and world-class infrastructure makes it the port of choice for industries and businesses located in and around Central Tamil Nadu and beyond.

About MARG Karaikal Port:

MARG Karaikal Port is a premier, deepwater, all weather port on the South East coast of India. The Port has a sizable hinterland because of its strategic location. It is the only all weather, deep water, multi-commodity port between Chennai port and Tuticorin port and is strategically located at the middle of this 680 km coastline.

Awarded under BOT basis by the Government of Puducherry in 2006, MARG Karaikal Port when fully developed is envisaged to have a total of 9 berths capable of handling upto 47 MMTPA. The Port is to be developed over 3 phases with the final phase getting operational by 2017. MARG Karaikal Port has shown its versatility by handling different types of cargo like coal, fertilizer, cement, raw sugar, project cargo, gypsum, containers, steel pipes, scarp, bagged sugar, construction material etc. Capacity to handle large vessels and diverse cargo, single window clearance, E2E logistics, state-of-the-art equipment, competitive tariffs and an ideal location are the hallmarks of MARG Karaikal Port.

MARG Karaikal Port’s operational processes and practices are on par with the best in the industry and the Port has managed to bag ISO 9001, ISO 14001 and OHSAS 18001 certifications in a record time, demonstrating the maturity and quality of operational processes followed at the Port.

About MARG Group:

MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure major with presence across the value chain. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of ‘Permitted Security’.

With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG’s portfolio spans across the entire infrastructure value chain – urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. The group is expanding its sectoral presence with airport projects in Bellary & Bijapur and Multi-level car park projects. Listed by Dun & Bradstreet among “India’s Top 500 Companies 2010”, today MARG Group has projects worth more than Rs. 3000 crores under execution, a seasoned human capital of more than 1100, global partners in the Infra space and offices spread across India, Singapore and China.

More information on MARG is available on http://www.marggroup.com

MARG SWARNABHOOMI TODAY:


Infrastructure @ MARG Swarnabhoomi

6 acres of water bodies
Green eco-system: 19,000 planted trees
18 kms of heavy duty roads ready, as per highway standards, with storm water drains
3 km of covered pathway
Dedicated cycling tracks
3 Rain water harvesting structures with a total area of 31,000 m² and a cumulative capacity of 1,37,000 m³, enough to take care of water needs of MARG Swarnabhoomi for 2 years
State-of-the-art, air-conditioned Convention Centre with seating capacity of 4,000
14 acre world class cricket facility which includes a 7 acre stadium – coming soon
7 acre integrated sports facility comprising football field, hockey field & athletic track – coming soon
Solid Waste Management: State-of-the-art “Composting Yard” spread over 2 acres – coming soon
6 lakh sq. ft. Innovation Park, to house 10,000 people – coming soon
3 lakh sq. ft. Science Park, to house 3,000 scientists – coming soon

Over 6 acers of water bodies

Air conditioned convention center with capacity of 4000

18 kms of roads ready

3 Rain water harvesting structures

19,000 trees planted
Industries @ MARG Swarnabhoomi

2 Lakh sq.ft. of industry facilities completed, 1.3 Lakh sq.ft. under construction
Industry majors like Grundfos, Virgo, Polyhose & Van Spall operational
Other industry majors coming up at MARG Swarnabhoomi include Eswari Electricals for distribution facility, Twin Disc for marine transmision devices, TVS Kwik Patch for auto components & Techpro for water treatment plant equipments

Education @ MARG Swarnabhoomi

1 lakh sq ft of educational facilities operational
Swarnabhoomi Academy of Music (SAM) into its 3rd year of operations with 33 students and International faculties from the US
225 first generation students from LKG to VIIIth standard availing affordable CBSE based education at MARG Navajyothi Vidyalaya
60 students attending Architecture & Design course at MARG Institute of Design & Architecture Swarnabhoomi (MIDAS) with a unique practical & live experience
Rural BPO and Employability & learning Centre with over 150 people operational

Homes @ MARG Swarnabhoomi

Specially designed homes with a sea view, sense of light and sense of space
Cumulative 7000 homes launched, the biggest such launch in South India covering 7.6 million sq. ft. of land
Homes starting at just Rs.9 lakh
Pay just Rs 2 lakh as down payment and Rs 4000/- as EMI to own a home at MARG Swarnabhoomi
Amenities include operational convenio, healthcare centre, ATM & state-of-the art clubhouse with swimming pool and gymnasium
Land to construction cost ratio at MARG Swarnabhoomi is 20:80 whereas in the cities it is just the reverse.
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Exempt infra firms, SEZ units from MAT: MARG chief


Real estate and infrastructure conglomerate, MARG group, has called for exemption of infrastructure firms and units set up in Special Economic zones (SEZ) from the provisions of minimum alternate tax (MAT).

“With a slowing economy, high interest rates and need to speed up decision making towards infra projects, I expect a positive attempt in this budget to push private investment and accelerate infrastructure spending,” said GRK Reddy, Chairman & Managing Director – MARG Group.

Following are the pre-Budget expectations from GRK Reddy:

* Exempting infrastructure companies and SEZ units from MAT provisions

* Relaxation of norms on long term funds (insurance and pension) to invest in the infrastructure sector

* Permitting banks to issue long term tax-free infrastructure bonds, thereby enhancing the participation of banks, financial institutions and large NBFCs

Marine Infrastructure:

Reddy says the privatisation of ports in the country has begun in the right earnest and it is now imperative that the Government works out a supportive mechanism particularly for:

* Dredging (which is highly capital intensive)

* Connectivity by road & rail

Even though private ports are creating additional capacities, it is critical for the above 2 issues to get adequate representation in the budget. As per the maritime agenda, a 3 billion capacity is required to be created by 2020 with a sizable portion of investment expected from private sector. This can only be possible if this sector gets infrastructure and funding support.

Real Estate:

Reddy states that the real estate sector is in a state of turmoil on account of high interest rates and inflationary pressures among other factors. In this scenario, impetus from the Government in the form of budgetary provisions to spur demand for residential & commercial real estate will augur well for this sector:

* The scope of the 1% interest rate subsidy should be broadened to include housing loans up to Rs. 20 lakh

* Declare housing as infrastructure and bring it under Section 80IA of Income Tax Act

* Incentives to promote affordable housing – Increase allocation to Rajiv Awas Yojana (RAY) for urban housing targeted at the EWS and the LIG sections

* Tax exemption limit to be hiked to Rs. 3 lakh against interest paid on housing loans

* Relax FDI up to 51% in multi-brand retail to create demand for retail space in shopping malls

SEZ:

* Exemption from the MAT levy will certainly be a positive measure to bring relief to the sector

* The implementation of the revised Direct Tax Code (DTC) draft will have strong implications on SEZs as it does not allow tax benefits to new units. The industry requires clarity on the issues that may emerge and how businesses would be promoted in Special Economic Zones.