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Encash on small scale industrial investment for GIM'

[email protected] (CD Network, Photos by Ahmed Anwar )
April 5, 2012

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Mangalore, April 5: An informal interactive meeting to discuss investment options with regard to the upcoming Global Investors' Meet was held at the Kanara Chamber of Commerce and Industry in Mangalore on Thursday.

Speaking on the occasion Dr. D S Vishwanath, Managing Director, KSSIDC Ltd, said that the focus of Global Investors' Meet is exclusively towards 'facilitating investors' and encouragement of local budding entrepreneurs.

He said four key areas i.e. manufacturing activity, marketing, networking and R&D have to be addressed to while taking into account opportunities for investors and entrepreneurs. Dr. Vishwanath also said that Mangalore has been identified as one of the six places for investment under the MSME (Micro, Small and medium Enterprisers) sector.

Dr. Vishwanath pointed out that small scale industries are playing a proactive role and their enthusiasm should be encashed as far as investment is concerned. He added that encouragement will be given to 'green category' industrial investment.

An Expression of Interest (EoI) for a project of Rs. 50 crore was signed between Mr. Aravind of Aravind Apparels and the Government of Karnataka (Udyoga Mithra) on the occasion.

S G Hegde, Joint Director, District Industries Centre, Byre Gowa, Karnataka Udyoga Mitra, Latha R Kini, President, KCCI, Ram Mohan Pai Maroor, Secretary, KCCI, M Ganesh Bhat, Treasurer, KCCI and others were present.

The Global Investors' Meet is scheduled to be held at Bangalore on June 7 and 8 later this year.

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News Network
February 17,2020

Bengaluru, Feb 17: Days after 10 MLAs were inducted in the Cabinet, Chief Minister B S Yediyurappa is likely to expand his Cabinet again as some BJP MLAs are unhappy, said BJP sources.

Several leaders including Umesh Katti, CP Yogeshwar, Raju Gowda and MP Renukacharya are miffed over the recent cabinet expansion, claim sources.

On February 6, ST Somashekar, Ramesh Laxmanrao Jarkiholi, Anand Singh, K Sudhakar, BA (Byrathi) Basavaraj, Arabail Hebbar Shivaram, Hasavanagowda C Patil, K Gopalaiah, Narayana Gowda and Shrimant Balasaheb Patil took oath as ministers.

It should be noted that many MLAs had won the by-polls on a Bharatiya Janata Party (BJP) ticket in December last year after switching loyalties from the Janata Dal (Secular) (JDS) and Congress.

In the December 5 by-polls held in 15 Assembly constituencies, the BJP had won 12, while Congress managed to bag only two. One seat was won by an Independent candidate while the JDS drew a blank.

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News Network
February 28,2020

Bengaluru, Feb 28: BS Yediyurappa’s contribution to the economy is substantial, and he is one CM who has contributed largely to making India the fifth largest economy, said Defence Minister Rajnath Singh on Thursday.

“He will ensure that Karnataka contributes towards making India the third-largest economy in the coming days,” Singh said, who had flown from New Delhi to participate in the CM’s birthday celebrations.

Singh recalled Yediyurappa asking him how to increase welfare measures for farmers, and had suggested that the CM reduce interest rates on loans to help the community. “Yediyurappa took the suggestion seriously and reduced interest of loans to a mere 4 % and gradually reduced it to 1 % before coming down to zero,” Singh said, appreciating Yediyurappa’s love for farmers.

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News Network
May 28,2020

Mangaluru, May 28: As many as 19 labourers, who were stranded in Lakshadweep island due to lockdown following COVID-19 outbreak, have been brought back to Mangaluru by a boat ' Amindivi' on Thursday.

On their arrival, they were subjected to medical examination and were warmly welcomed by their family members who had come to receive them at the Port.

 

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