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Karnataka govt okays four mega industrial projects; 4K to get jobs

News Network
September 2, 2017

Bengaluru, Sept 2: The State High Level Clearance Committee (HLCC) headed by Chief Minister Siddaramaiah has cleared four projects with a total investment of Rs 3,596 crore, which is said to create employment for 3,842 persons, Major Industries Minister R V Deshpande said on Friday.

The investments are in the automobile, chemical, service and textile sectors. TVS Motor Company Ltd, Bengaluru, will be expanding its two wheeler manufacturing project on the existing 20 acres allotted by Karnataka Industrial Areas Development Board (KIADB) at Bythahalli village, Kadakola post, Mysuru. The company will be investing Rs 1,110 crore for this purpose, he told reporters.

Mangalore Refinery and Petrochemicals Ltd, Mangaluru will be setting up a 2G Ethanol plant on 50 acres of KIADB land in Hanagawadi Industrial area, Harihara, Davangere. The company will be investing Rs 966 crore and creating 71 jobs.

Ikea India Pvt Ltd, Bengaluru will be setting up its single brand retail home furnishing store on 10.11 acres of leased land of BMRCL at Nagasandra village, Yeshwanthpur hobli, Bengaluru. The company is investing Rs 810 crore and creating 1,050 jobs.

Shahi Exports Pvt Ltd, Bengaluru will be setting up a textile weaving, processing and printing unit on 33.17 acres of existing land in Nidige KIADB Industrial area, Shivamogga, at an investment of Rs 710 crore. It is said to create 2,440 crore jobs.

Deshpande said that though Karnataka was attracting investments, the manufacturing sector had taken a hit post demonetisation. “Despite Karnataka having a good eco-system and human resource, the manufacturing sector is suffering as there is no demand. We would have given better results if there was no demonetisation,” the minister said.

Slamming the Narendra Modi government for introducing demonetisation without proper planning, Deshpande said that it had shattered the economy and dashed the hopes of several young job aspirants.

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News Network
March 6,2020

Bengaluru, Mar 6: PVR Cinemas on Friday launched its five-screen multiplex in here, augmenting its presence in Karnataka across 15 properties to 103 screens and to 46 properties and 286 screens in southern India.

With this opening, PVR consolidates its growth momentum in the current financial year 2019-20, so far opening 83 screens in the year and bringing its portfolio to 841 screens at 176 properties in 71 cities.

"We feel proud to cross the 100 screens milestone in the state of Karnataka at the very beginning of the year," said Joint Managing Director Sanjeev Kumar Bijli.

"Southern India has a strong market with significant growth potential. In Bengaluru, we have introduced some of our best formats and offerings owing to the nature of preferences by our customers," he said in a statement.

Pramod Arora, Chief Growth and Strategy Officer at PVR Ltd, said the company will continue to enhance the consumer experience through innovation and set new benchmarks in the Indian multiplex industry.

PVR is the largest and the most premium film exhibition company in India, serving over 100 million patrons annually. 

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News Network
July 19,2020

Bengaluru, Jul 19: A total of 4,120 new COVID-19 cases were reported from Karnataka on Sunday, taking the total number of 63,772 in the state, informed the state's health department.

Out of the total cases reported in the last 24 hours, 2,156 were reported from Bengaluru.
The total figure includes 39,370 active cases, 23,065 recoveries, and 91 deaths.

"Karnataka crossed the 10-lakh-tests milestone today. So far, we conducted 10,20,830 tests across 88 labs in the state and 35,834 tests today," Minister for Medical Education of Karnataka tweeted on Sunday. 

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News Network
April 20,2020

Bengaluru, Apr 20: A ruckus erupted in Padarayanapura on Sunday allegedly over shifting of suspected COVID-19 persons to quarantine facility by the Bruhat Bengaluru Mahanagara Palike (BBMP) officials.

The incident occurred in the late evening at Padarayanapura which is recognized as a 'Red Zone' when BBMP officials went to bring 15 secondary contacts of corona positive patients.

However, some people and youth created ruckus and broke the barricade and removed police post which was stalled in the area.

Soon after receiving the information, Bengaluru South Deputy Commissioner of Police reached the spot and brought the situation under control.

"Lockdown continues, please remain indoors.Tomorrow will be as it was till today. We Understand your situation and appreciate your cooperation," tweeted Commissioner of Police, Bengaluru City, Bhaskar Rao.

In Karnataka, 384 people have detected positive for COVID-19, of which 14 people have succumbed to the infection, as per the Union Health Ministry.

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