Thursday 3 October 2013

Salim Group

Salim Group

Salim Group
The Salim Group is Indonesia's biggest conglomerate with assets including Indofood Sukses Makmur, the world's largest instant noodle producer, and Bogasari, a large flour-milling operation. The group was founded by Sudono Salim.
In 1999, the group called off talks to sell a stake in Indofood to San Miguel Corp, the main food and beverage conglomerate in the Philippines, because of control questions.
Salim Group has been involved in Property Development and Leisure Industry for around 30 years. The businesses include hotel and resort development, golf courses, and commercial real estate.
The Salim Group is
in West Bengal,an eastern		involved in a number of projects
state of India.
The Salim Group is involved in the construction of Kolkata West International City. Salim and Universal Success are investors in the project, Ciputra the developer and Singapore-based Surbana the project manager.
The proposal of the Salim Group for chemical hub and multi-product SEZ were cleared in principle by the board of approvals of the Union Commerce Ministry, Government of India, in October 2006.
The chemical hub would be set up as a joint venture project of West Bengal Industrial Development Corporation Ltd and New Kolkata International Development. Indian Oil Corporation would be the anchor investor there. The NKID comprises three companies including the Salim Group. The chemical hub was earlier proposed to be set up at Nandigram but in reaction to the Nandigram violence was shifted to Nayachar.

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