Financial Daily from THE HINDU group of publications
Friday, Oct 03, 2003
Industry & Economy
Karnataka planning SEZ in Dakshina Kannada
Mangalore , Oct. 2
THE Karnataka Government is planning to set up a special economic zone (SEZ) in Dakshina Kannada district and is on the look out for an appropriate location for the purpose, the Minister for Transport, Mr B. Ramanath Rai, has said.
Addressing a gathering after inaugurating the new building of the Dakshina Kannada District Tiny Industries Association (DKDTIA) here on Thursday, he said as entrepreneurship is prevalent among the people of the district such a zone would help improve industries here.
An Export Promotion Industrial Park (EPIP) is also being planned in the district, he said.
Referring to infrastructure development, he said land acquisition had been completed for the expansion of the airport in Mangalore.
An all-weather port in Mangalore and the three national highways crossing the district have helped in the industrial development of the district, he said. The implementation of the Asian Development Bank-funded projects would boost industrial activities here.
He said Bangalore had more number of entrepreneurs from the district and many people from here have set up their business in Mumbai and other metros in the country.
The President of the Kanara Small Industries Association, Mr K. Jayaraj Pai, said tiny industries in the district were on the verge of closure, though they provide jobs to a majority of people in society.
The Government is planning to develop Mangalore as the second industrial area in the State, he said and added that the Karnataka Industrial Area Development Board (KIADB) was developing infrastructure here.
Stating that Rs 18 crore subsidy was pending to tiny industries in the district, Mr Pai urged the Government to make provision to release subsidy to them soon.
The Joint Director of District Industries Centre, Mr S.G. Hegde, said the Government had released Rs. 1 lakh for the construction of the association's building in Mangalore.
The Minister honoured the young entrepreneur, N. Rama Bhat, on the occasion.
The President of DKDTIA, Mr K. Vishwanatha Prabhu, welcomed the gathering. The former President of the association, Mr D.R. Kamath, the President of the Kanara Chamber of Commerce and Industries (KCCI), Mr R.D. Kini, and the Mangalore Mayor, K. Diwakar, were present on the occasion.
Stories in this Section
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line