Rs 1,506 crore investment expected in coastal districts

January 4, 2012

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Mangalore, January 4: Chief Minister D V Sadanaga Gowda has said that a total of Rs 1.506 crore would be investment in coastal districts of Karnataka was expected by as many as 38 major investors.

Inaugurating the Coastal Business Development Summit in Mangalore on Wednesday, he said that Karnataka is an investor friendly State and all facilities and conducive trade environment would be offered to the investors coming to the State.

Speaking on the industrial environment existing in the coastal districts, he said that though the region is well connected with air, rail, road and water ways, business and industries have not been able to make a mark in the region due to some external factors.

He said that the internal income of the region was nine per cent during 2008-09, of which Dakshina Kannada district had five per cent while Udupi and Uttar Kannada had mere two per cent contribution. District Industrial Progress of Dakshina Kannada was 31 per cent during this period while Udupi and Uttar Kannada was 29.8 per cent and 25.7 per cent respectively.

Speaking about the Global Investors' Meet held in Bangalore in 2010, the CM said that the event was a huge success which saw ushering in of an investment of Rs five lakh crore. As many as 387 MoUs were signed promising six lakh job openings.

“As many as 288 projects have already taken off while 89 projects nearing completion,” said the CM.

During the programme, 38 investors including MRPL with a romping Rs 1,100 crore project signed the MoU with the State. Minister for Small and Medium Industries Murugesh Nirani said that an area of 1.19 lakh acre has been set aside for the Land Bank in the State and preliminary steps have been taken to acquire 89,000 acres of land.

Udupi District-in-Charge Minister Dr V S Acharya said that the primary sector in the region contributes to only 19 per cent of the gross production of the State while manufacturing sector contributes to 21 per cent while the tertiary sector (service sector etc) contribute to 45 per cent.

“This means that we need to give importance to tertiary sector,” said Dr Acharya.

Minister for Primary and Higher Education Kageri Vishweshwara Hegde, Federation of Karnataka Chambers of Commerce and Industry (Bangalore) President J R Bangera, Kanara Chamber of Commerce and Industry President Latha R Kini among others were present.

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News Network
September 19,2024

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In a grand celebration of patriotism and local pride, Karnataka’s second tallest flagpole, and the tallest in Dakshina Kannada, was officially inaugurated on Wednesday, September 18, at the iconic Kadri Park in Mangaluru.

The event, a significant milestone in the city's Smart City journey, was graced by several prominent leaders. MP Capt Brijesh Chowta, a distinguished guest at the inauguration, spoke passionately about the symbolic importance of the flag. "This towering structure, made possible through the Smart City initiative, elevates the pride of every Indian. Since Prime Minister Narendra Modi took office, national sentiment has deepened. The national flag is not just a symbol, it embodies our self-respect and unity as a nation."

MLA Vedavyas Kamath shared his enthusiasm for the project, emphasizing its importance beyond mere construction. "The flagpole at Kadri Park, funded under the Smart City project, will not only serve as a beacon of patriotism but will also become a significant attraction, enhancing the city's tourism appeal."

Adding to the sense of occasion, Mayor Sudhir Shetty proudly highlighted the monument's grandeur. "Standing at an impressive 75 meters, second only to Belagavi's 110-meter flagpole, this new landmark is a testament to Mangaluru's growth and aspirations. The project, which cost Rs 75 lakh, will feature an advanced lighting system, ensuring it shines brightly, day and night, as a symbol of our national pride."

The ceremony saw the attendance of key dignitaries, including Deputy Mayor Sunita, Standing Committee President Bharath Kumar, Varun Chowta, Ganesh Kulal, MCC opposition leader Praveen Chandra Alva, MCC member Shakeela Kava, former Mayor Jayananda Anchan, Bhaskar K, and former MUDA president Ravishankar Mijar, each contributing to the significance of the occasion.

This towering flagpole, nestled amidst the serene beauty of Kadri Park, is set to become a new emblem of Mangaluru's spirit, uniting both locals and visitors in shared pride and patriotism.

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News Network
September 16,2024

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In a heart-breaking incident, 19-year-old Shaun D'Souza, a native of Vittalwadi in Udupi's Kundapur taluk, tragically lost his life in the UAE due to heat stroke.

Shaun, the beloved son of Elias Cyril D'Souza and Pramila D'Souza, originally from Hosabettu, Moodbidri, had been pursuing his college education in the UAE.

He was admitted to a hospital in Ras Al Khaimah, approximately 115 km from Dubai, after collapsing from heatstroke. Despite receiving immediate medical attention, Shaun breathed his last on Sunday, September 15. 

He is deeply mourned by his parents and two siblings. The family, who had been residing near St. Mary's Church in the UAE, are grappling with the profound loss. Shaun’s father, Elias, works as a manager for a private company, while his mother, Pramila, is an accountant.

The local community has come together to offer their support and condolences in this time of sorrow.

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News Network
September 24,2024

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Mangaluru, Sept 24: A blanket of gloom descended over Dakshina Kannada and Udupi as heavy rains battered the coastal Karnataka districts on Tuesday. Substantial rainfall has been drenching the region since Monday, intensifying as the day progressed.

In Dakshina Kannada, torrential downpours began early Tuesday, followed by overcast skies and humid conditions. 

The showers persisted intermittently through the afternoon, with areas like Beltangady experiencing moderate rainfall, while Puttur and Bellare bore the brunt of heavier storms. 

Overnight showers were reported in Bantwal, and Mangaluru city, along with its surrounding rural areas, witnessed a steady increase in rainfall, peaking by the evening.

After a brief respite, the return of intense rainfall has brought a welcome drop in temperatures. In Udupi, Karkala, Udupi city, Kundapur, and Hebri taluks all faced substantial rains throughout the day, continuing from late Sunday night.

The Indian Meteorological Department (IMD) has issued a red alert for the coastal districts, predicting more heavy rainfall in the coming hours. 

A yellow alert has been placed for Wednesday, signaling the likelihood of additional downpours. Fishermen have been cautioned to remain vigilant, as the possibility of strong winds looms over the coastal waters.

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