Encash on small scale industrial investment for GIM'

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

gim


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
September 16,2024

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Mangaluru: Police have arrested five miscreants belonging to saffron outfits for pelting stones at a masjid at Katipalla near Surathkal on the outskirts of the city last night. 

The arrested have been identified as Bharat, Chennappa, Nitin, Manu and Sujit all residents of Surathkal and surrounding areas. Among them, Bharat is said to be a rowdy sheeter. 

The miscreants, who came on two motorbikes late on Sunday night, pelted stones at Masjidul Huda, located at 3rd block of Katipalla on the eve of Miladunnabi.  

Confirming the incident, City Police Commissioner Anupam Agrawal said that investigation is in progress and a case has been registered at Surathkal police station.

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News Network
September 19,2024

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Ramanagara, Sep 19: A case of rape, sexual harassment and criminal intimidation has been registered against BJP MLA Munirathna and six others, police said on Thursday.

It was registered following the complaint of a 40-year-old woman who alleged that the incident took place at a private resort within the Kaggalipura police station’s jurisdiction.

“We received a complaint on Wednesday night and based on it, we have registered case against seven people, including the BJP MLA under various sections for rape by public servant, sexual harassment, criminal intimidation, criminal conspiracy, voyeurism, intentional insult with intent to provoke breach of peace, Information Technology Act, and others,” a senior police officer said.

The matter is being investigated, he said.

The fresh FIR against the BJP MLA, also a former Minister, comes days after he was arrested by the Bengaluru Police in connection with the two cases filed against him for alleged harassment, threats and casteist abuse, police said.

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News Network
September 13,2024

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NRI professionals hailing from the coastal and Malnad regions of Karnataka, now based in Singapore, Indonesia, Malaysia, Hong Kong, and Australia, have been urging the Indian government and airlines to introduce a direct flight between Mangalore International Airport (MIA) and Singapore’s Changi Airport.

These professionals argue that Singapore’s strategic location as a hub connecting India with East Asia makes this flight essential. They highlight that this route would serve over 12 million people from the coastal and hill regions of southern India, fostering stronger ties with East Asian economies.

The group, consisting of individuals from Dakshina Kannada, Uttara Kannada, Udupi, Chikkamagaluru, Kodagu, Shivamogga, and Hassan, is spearheaded by Rajesh H Acharya, director of HQ Connections Pte Ltd, Singapore, and coordinator of the Singapore Tuluver community. Acharya emphasized the significance of the Indian government’s Act East policy, which aims to strengthen relationships between India and ASEAN, East Asia, and the Asia-Pacific region.

“This flight will open new doors for cultural, trade, tourism, and technological exchanges between these regions,” Acharya said.

The Mangalore Chapter of IndUS Entrepreneurs (TiE) has also proposed positioning the region as the 'Silicon Beach of India.' A direct flight would provide greater opportunities for entrepreneurs and investors from both Singapore and Mangaluru, boosting business exchanges.

Moreover, Singapore’s Changi Airport could see increased tourism from the Karnataka coast, while Coastal Karnataka would benefit from a surge in visitors from ASEAN countries, the Far East, Australia, New Zealand, and the US West Coast.

While a similar attempt in 2017 did not succeed, Acharya and his team are hopeful that this time their appeal will be taken seriously, tapping into the immense growth potential of the eastern half of the globe.

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