GIM's bring in investments across Karnataka in various sectors .1st Edition of GIM attracted 5 billion dollars in investment

The Karnataka government has completed land acquisition for Tata Steel and Tata Metaliks integrated project at Haveri district, an official of the company said today.

"The Karnataka government has acquired 2500 acre at Haveri for the integrated plant of Tata Steel and Tata Metaliks," Vice-President Partha Sengupta told reporters here.

He said a 3 million-tonne steel plant would be set up and work would start in two years time.

The entire land was acquired by the government and the company would give compensation to landowners when asked, Sengupta said on the sidelines of Global Investors' Meet, 2012 roadshow of Karnataka industry and tourism ministries.

Sengupta said coal for the plant would be imported while iron ore would be sourced locally.

According to him, the Karnataka government acquired land needed to set up industries
http://www.deccanherald.com/content/229962/land-acquired-karnataka-plant-tata.html

The Karnataka government is wooing investments from West Bengal by organising roadshows ahead of the Global Investors Meet 2012 to be held at Bangalore in June.

"We welcome investments from industrialists of West Bengal in Karnataka," Minister for large and Small industries Murugesh B Nirani said at the roadshow here today.

He said that Karnataka offered the right investment climate and was one of the top destinations of the country.

Commissioner of Industries of Karnataka government M Maheshwar Rao said that IT, biotechnology and aerospace was the three top industries where the state was on the top.
He said that more than 500 multinationals operating out of Karnataka out of which 80 belonged to the Fortune 500 list.

Rao said that the state has 58 Special Economic Zones creating more than 97,000 jobs.
He said that the state government policy on land acquisition was to give compensation at market rates
http://www.deccanherald.com/content/229954/karnataka-woos-investments-bengal.html

ArcelorMittal secures 1,827 acre for Karnataka project

NEW DELHI: World's largest steel producer ArcelorMittal has made some headway in India by getting possession of about 1,827 acres for the proposed 6 million tonne plant in Karnataka.

The company said in its annual report for 2011 that it has completed all necessary steps to acquire the land in Karnataka and is expecting to get the remaining 972 acres by May for the Rs 30,000-crore (USD 6.5 billion) project.

"A draft feasibility report for the contemplated steel plant is currently being prepared, and hydrological and environmental impact assessment studies have been initiated," it added.

Along side the steel mill in Karnataka, ArcelorMittal has also proposed to build a 750-MW captive power plant.

Company chief L N Mittal had said earlier this month that ArcelorMittal is not counting on India in its business plans for the next few years largely due to regulatory issues.

"It is very difficult to say anything... When we will start the construction, when we will really make the progress. We are not even counting them in our business plans for the next few years," L N Mittal had said while announcing the results for 2011 in a conference call.

The company's plans to build two mega steel mills of 12 million tonne (MT) each in Jharkhand and Odisha are yet to see the light of the day.

The projects, including the steel plant in Karnataka, would entail an investment of USD 30 billion (Rs 1,30,000 crore).

For the Jharkhand project, where it now intends to set up a 3 million tonne per annum (MTPA) capacity plant in the first phase, the company has sought "adequate land" under the State Government Consent Award Scheme.

"Under this scheme, the state government will facilitate the legal transfer of land for a project after an investor has secured the landowner's consent to the sale of the land," it said.

In 2010, the company had to shift its proposed plant site in Jharkhand from Khunti-Gumla to Bokaro due to problems in land acquisition.

The company has also initiated the process to renew its MoU with the Odisha government, which expired in December.

So far, the company has not been able to make any progress there and is facing problems in acquiring land.

ET (http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/steel/arcelormittal-secures-1827-acre-for-karnataka-project/articleshow/12041660.cms)

NEW DELHI, Feb 29, 2012, DHNS:

The BJP government in Karnataka is hopeful of attracting investment of up to Rs 6 lakh crore during the second global investors’ summit in June this year.

“Nearly Rs 6 lakh crore worth of investment commitment is expected at this year's meet,” minister for Large and Medium Scale Industries Murugesh R Nirani told reporters here on Thursday.

Bangalore will host the global investor’s meet on June 7 and 8. An official delegation led by Chief Minister Sadananda Gowda would visit the US in April to woo investors. Earlier in the day, Nirani and Gowda met a huge delegation of American industrialists here and requested them to invest in Karnataka.

Nirani said the expected investment will help create over 10 lakh jobs. The minister claimed that state had attracted investments to the tune of Rs 3.12 lakh crore during the first global investors' meet held in June 2010.

The minister said nearly 62 per cent of the memorandum of understandings (MoUs) sig*ned during the June 2010 me*et were in various stages of implementation, while 36 units have taken off. Another 36 are in various stages of implementation and 250 units are in the pipeline.

On giving lands to global steel giant Posco to set up its plant, Nirani said if the farmers in the Gadag district continue to oppose land acquisition, the government will shift the proposed project to neighbouring districts including Koppal, Bagalkot or Bijapur. The decision on granting land to the company will be taken within the next two months.

DHNS (http://www.deccanherald.com/content/231360/karnataka-govt-hopes-draw-rs.html)

GIM to showcase potential of North Karnataka

Karnataka's industries department is planning to showcase the potential of North Karnataka at the Global Investors Meet (GIM) 2012. As a step towards this, the department is holding its preparatory meet in Hubli on March 5.

“The department has roped in all district chambers of commerce under the leadership of The Karnataka Chamber of Commerce and Industry, Hubli, to identify prospective investors and entrepreneurs from the region,” said Mr Malatesh Jeevannavar, Joint Director of the District Industries Centre.

The identified investors and entrepreneurs will be invited to GIM main event in Bangalore in June to sign MoUs with the State Government to establish industries in the region, he added.

Karnataka Government is holding GIM 2012 in Bangalore on June 7-8. The meet is to provide investors an opportunity to explore the potential of the State and network with global investors.

The mission of GIM 2012 is to attract Rs 5 lakh crore investment to create at least 10 lakh jobs and double Karnataka's Gross State Domestic Product by 2020.

The event at Hubli is aimed at attracting investment in the seven districts of North Karnataka and as part of the road show, a technical session for investors and entrepreneurs is also being organised to facilitate understanding of the Government's intention.

The State Government has identified key sectors like information technology (IT), biotech, nanotech, automobiles and auto components, apparels, minerals, food processing, aerospace, oil refining and petro chemicals, tourism, wellness tourism, contract research, research and development, power sectors, infrastructure and others.

Mr Jeevannavar appealed to the prospective investors and entrepreneurs from the region to participate in the event.

Rural Development and Panchayat Raj Minister, Mr Jagadish Shettar, will inaugurate the investors' meet, while Water Resources Minister, Mr Basavaraj Bommai, will release the information booklet on North Karnataka districts.

Large and Medium Industries Minister, Mr Murugesh Nirani, will preside over the function. anil.u@thehindu.co.in http://www.thehindubusinessline.com/industry-and-economy/economy/article2960815.ece?homepage=true&ref=wl_home

Karnataka Chief Minister D.V. Sadananda Gowda has a message for global investors who may have been put off by the state’s string of corruption scandals and political turbulence: Karnataka is cleaning up its act, he says, and is as good an investment destination as ever.

In an interview Wednesday in New Delhi, where he and other state officials were meeting with companies including Shell, Rolls-Royce and PepsiCo, Mr. Gowda said the single most important move the state has made to address graft is the passage of a new “right-to-services” law that goes into effect today.

http://4.bp.blogspot.com/-8T7jtH5Q6q8/TwqVrFKssxI/AAAAAAAAGA4/P-CcbOHQvDU/s1600/Untitled.jpg

The new law requires public officials to deliver promised services within a given timeframe or face fines. The goal is to make it harder for bureaucrats to delay projects while seeking bribes for approving electricity connections, water hookups, environmental permits and about 150 other services.

“We’ll put an end to all that, because within a time limit (officials) are supposed to clear all files,” Mr. Gowda said.

In fact, the new law isn’t just punitive – it also provides cash incentives and recognition to public servants who routinely do their jobs on time. Karnataka joins Bihar, Rajasthan and a few other states with similar right-to-services laws. Anti-corruption crusader Anna Hazare has said such “citizen charters” should be an integral part of fighting graft in India.

Karnataka has long had a reputation as one of India’s most investor-friendly states. It has one of the world’s largest technology clusters in Bangalore, is India’s leading software exporter and has become a bio-technology hub as well.

But the state’s image has lately taken a hit. Mr. Gowda came into office last August after his predecessor, B.S. Yeddyurappa, was forced to step down following a report by a state anti-corruption ombudsman that alleged widespread wrongdoing and graft in the mining sector. Among the allegations in the 25,000 page report was that companies bribed government officials, including Mr. Yeddyurappa, to get iron-ore mining permits. Mr. Yeddyurappa has denied profiting from illegal mining, and some of the companies named in the report have challenged its claims.

There have been other Karnataka scandals involving alleged kickbacks to state officials for making land plots available to companies. Since the state is ruled by the Bharatiya Janata Party, the various scandals made it harder for the party’s national-level officials to make their case that corruption is endemic to the Congress party, which heads the central government’s ruling coalition and has been under fire for its own series of scandals.

Mr. Gowda said investors have maintained faith in the state. “What has happened has had no impact – we’re going ahead with development works as usual,” he said. Karnataka is aiming for better than 10% average annual economic growth over the next five years, he said.

Mr. Gowda’s roadshow in New Delhi was in preparation for a big global investor summit in June in Bangalore – akin to the investor summits Gujarat holds. At the last such summit in 2010, Karnataka attracted about $78 billion in investment commitments. About 62% of the deals signed are in various stages of implementation now, state officials say.

Some of Mr. Gowda’s priorities for 2012 are to attract greater investment to Karnataka’s power sector – despite significant gains, rapidly growing demand is putting pressure on the state’s grid – and also to channel investment to transportation infrastructure, the state’s growing aerospace hub, education, agri-business and tourism.

For power, Karnataka, like most Indian states, depends largely on coal as a fuel, so India’s national coal shortage has affected its ability to bring some plants online. Gas power plants, meanwhile, won’t move forward until a gas pipeline from Maharashtra is completed next summer. The state hopes to build nearly 13,000 MW of additional power generation capacity in four years to meet growing demand.

One sector notably absent from the state’s foreign investment plans: retail. Mr. Gowda said he isn’t sure whether it’s a good idea for foreign supermarkets and department stores like Wal-mart to enter the multi-brand retail sector in his state. Critics of opening up foreign investment in retail say it would decimate the mom-and-pop retail marketplace. “We’ve got some resistance that we feel needs to be looked into,” Mr. Gowda said, adding that he’ll take his cue from what the national BJP party decides. “We need to take a political decision – my central party is looking into the matter.”

The central government approved, then rescinded, a measure late last year that would have allowed multi-brand retailers to own 51% of Indian joint ventures, in a major embarrassment for Prime Minister Manmohan Singh’s government.

Mr. Gowda’s tenure has been punctuated with political upheavals. There’s been lasting fallout from the report of the state anti-graft watchdog on iron-ore mining, which found that companies were forging mining permits, paying bribes to officials to facilitate their projects and exporting billions of dollars worth of iron ore illegally.

Meanwhile, earlier this month three state ministers were caught on tape watching pornographic video footage during assembly session, images that were broadcast on national TV for several days, causing huge embarrassment to Mr. Gowda. The three ministers were forced to resign. “What all happened in the House – we have taken immediate action against those persons. Really, we feel sorry about what has happened,” Mr. Gowda said.

The departure of the three ministers left Mr. Gowda in charge of 20 state government ministerial portfolios, a massive workload. “I want to have a cabinet expansion immediately – I can’t shoulder that many portfolios,” he said.

Note: 3 Days ago news, pictures from www.gimkarnataka.blogspot.com

Source:
Wall Street Journal Blog (http://blogs.wsj.com/indiarealtime/2012/03/01/karnataka-cm-scandals-havent-scared-off-investors/?mod=google_news_blog)

Karnataka's Global Investors Meet: Investments in Hubli-Dharwad go awry

As Karnataka gears up for second edition of Global Investors Meet (GIM) on June 7-8, it has hard time convincing businessmen that this time, the government means business. In spite of promises worth billions of rupees made at the GIM-2010, the project implementation record in the region comprising Dharwad, Haveri, Gadag, Belgaum, Bijapur, Bagalkot and Karwar districts has been quite dismal. Most projects for which companies signed memoranda of understanding (MoU) with the government are in the nascent stage. Although the authorities say that over 60 percent of the project is in the implementation stage, the ground reality negates this claim.

read more:- http://economictimes.indiatimes.com/news/emerging-businesses/regional-hubs/south/karnatakas-global-investors-meet-investments-in-hubli-dharwad-go-awry/articleshow/12326222.cms

Almost two years after the Global Investors' Meet (GIM) 2010, when 389 companies had signed MoU with State Government for investing Rs 3.92 lakh crore, only 26 industrial projects had been implemented in the State with an investment of Rs. 4,110 crore.

This emerged in a written reply given by Minister for Large and Medium Industries Murugesh Nirani during Question Hour in the Legislative Assembly on Monday.

Responding to a question from Bharatiya Janata Party member Bagali Sarvabhouma whether the GIM had any impact on the growth of industry in the State, Mr. Nirani said the proposed Rs. 3.89 lakh crore investment by 389 companies during GIM 2010 would lead to generation of employment to 7.10 lakh persons.

Apart from the 26 industrial projects worth Rs. 4.100 crore with employment generation of 9,167 persons that had been implemented, Mr. Nirani said another 168 projects were under different stages of implementation.

Referring to Mr. Bagali's question on the annual average growth rate of the industrial sector, Mr. Nirani said the average growth rate of the State during the five-year plan period starting 2007-08 was 5.67 per cent against the national figures of 8.87 per cent.

Mr. Bagali took exception to the failure of the Minister to provide the industrial growth rate figures of 2011-12 by citing “details not available”.

The Hindu (http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article3249209.ece)

Ashwini Y S, Bangalore, March 27 2012, DHNS:

Chief Minister D V Sadananda Gowda, during the Global Agribusiness and Food Processing Summit last December, had claimed that the government had attracted investment proposals to the tune of Rs 1.10 lakh crore.

But so far, not a single big ticket project has materialised except proposals for the investment of Rs 60,976.67 crore. In other words, the commitments are only on paper.

Though the two-day summit on December 1 and 2 was billed as global in nature, it could attract only one foreign investor - Harold Doan and Associates Limited from Ontario in Canada - to sign a Memorandum of Understanding with the government, for investment. It could achieve only this much, though it had conducted road shows in Israel, Europe and the Netherlands to attract investment, by spending Rs 38.70 lakh.

An amount of Rs 40.42 lakh was spent on holding road shows in Kolkata, Mumbai and Delhi. In all, 60 investors have shown interest in doing business here. Except one foreign investment, other investors are all from Karnataka, and a few from Hyderabad and Mumbai.

This apart, the government has raised a financial assistance of Rs 50,000 crore from State Bank of India, which has agreed to fund the projects on a case-to-case basis as per existing guidelines.

The global recession and political turmoil in the State have resulted in the hesitation of the investors. A staggering Rs 11.53 crore was spent by the State government to organise last year’s agri meet. Unmindful of protests by some farmers’ associations, the government ensured the summit was held.

As per information obtained by Deccan Herald from Karnataka State Agricultural Produce Processing and Export Corporation Ltd, a State government enterprise under the Right to Information Act, the government has identified 4,000 hectares for the projects which are in the pipeline. The government has proved it is a good host by spending not less than Rs 1.97 crore on accommodating the delegates, providing snacks, high tea and lunch during the two days.

The government’s excessive dependence on private agencies has made it spend crores of rupees to make the summit happen. The maximum amount was, however, spent on publicity and media coverage – Rs 3.32 crore.

This apart, it spent Rs 1.41 crore as professional fees to its ‘knowledge partners/transaction advisors’ (KP/TA) – Pricewater House Coopers, Chennai. In addition, Rs 58.96 lakh and Rs 58.88 lakh have been paid to the same firm, which is headquartered in London, for media consultation and event management respectively.

A sum of Rs 1.23 crore had been paid to a State government undertaking - Marketing Consultants and Agencies Ltd, for event arrangements, food to supporting staff, sound and lighting, invitation card printing, mementos, printing of badges, passes, leather folders and others expenses.

Expenditure

* Consultancy fee to TECSOK for services in selection and appointment of knowledge partners/transaction advisors (KP/TA) – Rs 5.07 lakh
* Professional fee to advocates, chartered accountant and company secretary towards opinion taken for appointment of KP/TA – Rs 93,755
* Launching of Bounteous Karnataka programme – Rs 3.85 lakh
* Professional fees to KP/TA (Price Waterhouse Cooper, Chennai) – Rs 1.41 crore
* Professional fees to media consultants (Pricewaterhouse Cooper, Chennai) – Rs 58.96 lakh
* Professional fees for event management consultancy services (Price waterhouse Cooper, Chennai) – Rs 58.88 lakh
* Production of short film - Bounteous Karnataka (Maya) – Rs 4.96 lakh
* Road shows (abroad) - Israel (Rs 15.32 lakh); Europe and the Netherlands (Rs 23.38 lakh) – Rs 38.70 lakh
* Road shows (domestic) – Kolkata (Rs 10.28 lakh); Delhi (Rs 14.42 lakh); Mumbai – (Rs 15.71 lakh) – Rs 40.42 lakh
* Pre-event press meet held at ITC Windsor on November 28 and 29 – Rs 5.91 lakh
* Venue charges – Bangalore International Exhibition Centre – Rs 21.94 lakh
* Lodging for VIPs, snacks, high tea, lunch during the event – Rs 1.97 crore
* Security – Rs 1.59 lakh
* Event arrangements by Marketing Consultants and Agencies Limited – Rs 1.23 crore
* Media, publicity, hoardings, buntings, signboards, online portals – Rs 3.32 crore
* Special supplement and advertisements on the day of event – Rs 81.41 lakh
* Printing of integrated agribusiness policy booklets, CDs, stakeholders’ consultation proceedings – Rs 6.83 lakh
* Lodging, to and fro bus charges for progressive farmers attending event, taxi charges, dress code for protocol officers and staff – Rs 4.29 lakh
* Establishment of special cell, salary to personnel engaged – Rs 12.24 lakh
* Stakeholders’ meets across the State; participation in Agri*tech India; workshop on agriculture; R&D institutions and industry linkage – Rs 4.52 lakh
* Miscellaneous expenditure – desk charges at airport, stati*onery, ITPO clearance, event promotion through Helium gas balloons, etc – Rs 8.18 lakh

DHNS (http://www.deccanherald.com/content/237647/with-lone-foreign-investment-global.html)

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kHg0JqPANIc

Please find Hubli-Dharwad profile - GIM June 6 & 7 2012


http://advantagekarnataka.com/images/district-profiles/Dharwad-profile.pdf

Govt hardsells state in Japan, Singapore

TNN | Apr 27, 2012, 01.16AM IST

BANGALORE: The Karnataka government has done some hard-selling to investors in Japan and Singapore in the run up to the Global Investors Meet ( GIM) in June.

During a road show for the event in Japan, the government made a case for Toyota and Honda to expand its presence in the state. The government sought assistance from the Japan External Trade Organization (JETRO) and Japan International Construction Company (JICC) to prepare a detailed plan for a bullet train project in Karnataka. The state delegation headed by industry minister Murugesh Nirani met Japan's leading train designer Diazo Nozawa, who was associated with the first bullet train in 1964.

The government is keen on a bullet train project that would link Bangalore, Mysore and Chennai in the first phase. In subsequent phases, Bangalore would be connected to Belgaum via Tumkur and Chitradurga along NH4, and with Bidar via Gulbarga. The cost of developing a 1-km stretch for the project is estimated to be Rs 200 crore.

Nirani said Japanese investors made a representation to the state government for setting up a Japanese village spread over 500-1,000 acres in Karnataka. The area would accommodate a number of Japanese companies. "We have proposed three sites -- in Narsapura, Vemgal and Tumkur -- for the project," Nirani said. He noted there were only 80 Chinese companies in Karnataka three years ago, but today there are 196.

The government has also asked JICC to prepare a detailed project report to provide better connectivity between Bangalore and Mangalore.

In Singapore, the government talked to business space provider Ascendas for a 250 acre IT park in Devanahalli. Ascendas promoted one of the first IT parks in Bangalore, the ITPB (formerly ITPL). A theme park in Mangalore on the lines of Singapore's Sentosa Island, at an investment of Rs 250 crore, is also being considered. Nirani said over 300 investors participated in the road shows in Japan and Singapore.

How much of Nirani's ambitions will fructify remains to be seen. The maiden edition of the Global Investors Meet in 2010 witnessed the signing of nearly 400 MoUs with promises of an investment of close to Rs 4 lakh crore. But in the two years since then, only Rs 10,000 crore has been invested, though the government says many more are in the works.

http://timesofindia.indiatimes.com/business/india-business/Govt-hardsells-state-in-Japan-Singapore/articleshow/12887012.cms

Nothing for Hubli-Dharwad-Belgaum......:ohno: :ohno:

Minister sells Japanese dream at Rs 200 cr/km

Murugesh Nirani led a delegation to Japan recently to woo investors. It held talks on a high-speed train project with Japanese Railway authorities, including Dr Diazo Nozawa, their leading train designer.

Posted On Monday, April 23, 2012 at 05:04:51 AM

You’ve heard this before from an assortment of netas and officials, but this time it could be closer to actually happening. Imagine travelling between Bangalore and Chennai in a bullet train at speeds of 300-320 kmph!


State industries minister Murugesh Nirani is pushing for everyone’s fantasy to turn into a reality. Ahead of the Global Investors’ Meet in Bangalore in June, Nirani led a delegation to Japan recently for talks on a high-speed train project with Japanese Railway authorities.

Speaking to Bangalore Mirror, Nirani said, “The project has been conceptualised in three phases — between Mysore and Chennai via Bangalore, between Bangalore and Belgaum via Davanagere and Hubli, and between Bangalore and Gulbarga.”

According to Nirani, the first phase of the project will cost Rs 1 lakh crore at a per km cost of Rs 200 crore. It will be a purely Japanese venture on a BOT (build-operate-transfer) basis. “The proposal will be placed before the chief minister and thereafter before the state high-level clearance committee,” he said.

If and when the bullet train project does come to fruition, the difference in travel time will be nothing short of startling — just two hours from Mysore to Chennai via Bangalore, as against the seven hours taken on the same route by our current fastest train, the Shatabdi.

The Karnataka delegation had the chance to interact with Dr Diazo Nozawa, a leading train designer and Japanese Railways board member who is seen as a technological ‘Visvesveraya’ in his country. The team also experienced first-hand the thrill of travelling from Tokyo to Osaka in the high-speed Shinkansen train. The train touches speeds of 320 kmph and has only one driver and two ticket collectors. Since its launch way back in 1964, it has not had a single accident.

According to Nirani, the high-speed train project will provide a boost to the state’s economic growth.


A mini-japan near bangalore

Bangalore’s urban agglomeration is going to soon get even more cosmopolitan, with the state government thinking of setting up a township exclusively for Japanese expats on 1,000 acres of land.

With as many as 196 Japanese projects coming to Karnataka, and leading Japanese carmakers likely to pump in around Rs 10,000 crore in the coming months, setting up a mini-Japan near the city to cater to the needs of Japanese executives and workers is inevitable.

The government, in association with the Japanese government, also plans to set up a Japanese-language school in Bangalore to help Kannadigas learn Japanese and improve their chances of employment in Japanese firms, an industries department official said.

According to the minister, the state government has offered 1,000 acres of land at Vasantha Narasapura, Vemagal and a location between Tumkur and Sira. Called the Japanese Industrial Township, it will have residential accommodation, restaurants, pagodas, hospitals and schools.

http://www.bangaloremirror.com/index.aspx?page=article&sectid=1&contentid=201204232012042305062318721d0f192

dont worry let him develop Mangalore atleast he is from there - once Yeddy or Shettar is back they can back their cities . we want anything other than Bangalore to be taken up seriously that's all

Karnataka Chief Minister D V Sadananda Gowda will decide next week whether or not to provide alternative land to POSCO for setting up a steel plant at Halligudi following stiff resistance from farmers, State Industries Minister Murgesh Nirani said today.

"The ball is in Chief Minister's court. He will discuss the issue with Posco and take a decision in this regard in a week's time," Nirani told reporters here.

The proposal to acquire a plot measuring 3,382 acres at Halligudi in Mundargi taluk of Gadag district has met stiff resistance from farmers. Religious leaders have strongly backed the farmers.

The government, however, has not dropped its plans to set up the proposed POSCO steel plant at Halligudi, Nirani said.

"Denotification of land in Mundargi taluk is yet to come in the gazette," he said. The land in Mundargi taluk was notified by Karnataka Industrial Area Development Board to set up the POSCO steel plant.

When asked on whether the government has given an alternative captive site for ArcelorMittal, Nirani indicated that a decision would be taken next month in this regard.

"We are calling a meeting of all companies including ArcelorMittal next month to sort out problems faced by them," he said.

ArcelorMittal had signed an agreement with Karnataka government during the Global Investors' meet in 2010 for setting up the six mtpa steel plant with a 750 MW captive power plant.

The firm, which has proposed to set up the plant at an investment of Rs 30,000 crore in Bellary district, had withdrawn application for captive iron ore mining lease citing poor quality of ore.

The government had identified Donimalai region in Bellary district for allocating iron ore mine to the company.

In a letter to the government, the firm had said it had found poor quality of iron ore in the area earmarked for it through an exploration which established that the ore consists of 30 per cent to 38 per cent Fe (iron) contents and was unfit for making steel
http://www.deccanherald.com/content/244986/land-posco-gowda-decide-week.html

Govt hardsells state in Japan,Spore

Tries To Evoke Interest Among Investors In A Bullet Train Project

TIMES NEWS NETWORK

Bangalore: The Karnataka government has done some hard-selling to investors in Japan and Singapore in the run up to the Global Investors Meet (GIM) in June.

During a road show for the event in Japan,the government made a case for Toyota and Honda to expand its presence in the state.The government sought assistance from the Japan External Trade Organization (JETRO) and Japan International Construction Company (JICC) to prepare a detailed plan for a bullet train project in Karnataka.The state delegation headed by industry minister Murugesh Nirani met Japan's leading train designer Diazo Nozawa,who was associated with the first bullet train in 1964.
The government is keen on a bullet train project that would link Bangalore,Mysore and Chennai in the first phase.In subsequent phases,Bangalore would be connected to Belgaum via Tumkur and Chitradurga along NH4,and with Bidar via Gulbarga.The cost of developing a 1-km stretch for the project is estimated to be Rs 200 crore.
Nirani said Japanese investors made a representation to the state government for setting up a Japanese village spread over 500-1,000 acres in Karnataka.The area would accommodate a number of Japanese companies.We have proposed three sites -- in Narsapura,Vemgal and Tumkur -- for the project, Nirani said.He noted there were only 80 Chinese companies in Karnataka three years ago,but today there are 196.
The government has also asked JICC to prepare a detailed project report to provide better connectivity between Bangalore and Mangalore.

In Singapore,the government talked to business space provider Ascendas for a 250 acre IT park in Devanahalli.Ascendas promoted one of the first IT parks in Bangalore,the ITPB (formerly ITPL).A theme park in Mangalore on the lines of Singapores Sentosa Island,at an investment of Rs 250 crore,is also being considered.Nirani said over 300 investors participated in the road shows in Japan and Singapore.

How much of Niranis ambitions will fructify remains to be seen.The maiden edition of the Global Investors Meet in 2010 witnessed the signing of nearly 400 MoUs with promises of an investment of close to Rs 4 lakh crore.But in the two years since then,only Rs 10,000 crore has been invested,though the government says many more are in the works.
http://lite.epaper.timesofindia.com/mobile.aspx?article=yes&pageid=18&edlabel=TOIBG&mydateHid=27-04-2012&pubname=&edname=&articleid=Ar01800&format=&publabel=TOI

Bangalore, April 26, 2012, DHNS:

A team of experts from Japan International Construction Company (JICC) and Japan External Trade Organisation will land in Bangalore during May to study the feasibility of running high-speed trains in the State, including a bullet train service between Mysore and Chennai via Bangalore.

Elaborating on the discussions he held with the Japanese authorities during his road shows in Singapore and Japan for the Global Investor Meet-2012, Industries Minister Murugesh Nirani said the experts will submit a detailed project report (DPR) on the feasibility of setting up high-speed rail corridors.

The project has been conceptualised in three phases between Mysore and Chennai via Bangalore, between Bangalore and Belgaum via Davangere and Hubli, and between Bangalore and Gulbarga.

The high-speed train project will require a dedicated rail link and will cost Rs 200 crore per km.

“We have held only preliminary discussion with the Japanese authorities. We know there is long way to go, but we thought there was nothing wrong in making a beginning,”

Nirani said replying to queries from reporters whether it was practically
possible to implement such extravagant projects.

To a query on the clearance required from the Centre for these projects, especially the bullet train corridor, Nirani said the State government would hold a discussion in this regard soon.

Tunnel road

Japanese highway experts will also explore the possibility of constructing a tunnel road for providing a permanent solution to the problematic Shiradi Ghat stretch, which connects Sakleshpur with Mangalore.

The Japanese have agreed to share their expertise on constructing a peripheral ring road around the State capital during their visit to Bangalore.

On the business model for the projects, Nirani said the venture would be purely Japanese one a BOT (build-operate-transfer) basis. There will be no investment from the State government in the projects, he said.

DHNS (http://www.deccanherald.com/content/245140/japanese-lend-their-expertise-bullet.html)

Bangalore, April 26, 2012, DHNS:

Investors’ meet 2012 to focus on aerospace, tourism, infrastructure

Learning from the experience of the past years, the State government has decided not to roll out the red carpet for promoters of any new iron and steel projects.

None of the projects proposed by steel giants at the Global Investors Meet 2010 have been implemented to this day.

The State government has, therefore, identified 14 key sectors, including aerospace, precision engineering, tourism and infrastructure, for investments in GIM-2012.

Addressing a press conference on Thursday, Industries Minister Murgesh Nirani said there was no scope for additional steel plants as the stock of iron ore supplies were barely sufficient to meet the requirements of the existing steel plants.

GIM-2010 had witnessed the State government sign MoUs with large steel companies like ArcelorMittal, Posco, Tata Metaliks, JSW, NMDC, among others, for setting up steel plants with a total capacity of 45 million tonne per annum at a combined investment of Rs 2.53 lakh crore. The requirement of iron ore for these projects alone is around 90 million tonnes. Most of these projects are yet to take off.

The proposal to acquire a plot measuring 3,382 acres at Halligudi in Mundargi taluk of Gadag district for Posco was met with stiff resistance from farmers. Nirani said Chief Minister D V Sadananda Gowda will decide on providing alternative land to Posco.

ArcelorMittal withdrew its application for captive iron ore mining lease citing poor quality of ore.

The government had identified Donimalai region in Bellary district for allocating iron ore mine to the company.

In addition, the Supreme Court had imposed a ban on all mining activities in the iron ore districts of Bellary, Chitradurga and Tumkur last year resulting in short supply of iron ore.

In a recent order, the apex court, based on a recommendation of the Central Empowered Committee (CEC), set a cap of 30 million tonne a year on iron ore extraction. “Given the present scenario, it will not be feasible to sanction new iron and steel projects”, the minister said.

Theme park

Sentosa, which runs the famous Sentosa Island in Singapore, has expressed interest to develop a theme park near Mangalore, the minister said. While the exact location of the theme park is yet to be finalised, the project has an investment potential of at least Rs 250 crore, he said.

Ascendas, a Government of Singapore organisation, which has established ITPL in Bangalore, has shown interest in investing in infrastructure and port development.

A consortium of Singapore-based companies have shown interest to establish an integrated township in one of the districts of North Karnataka. These proposals are likely to take a final shape during the two-day GIM-2012 scheduled be held at Bangalore International Exhibition Centre from June 7.

The government is anticipating a total investment of Rs five lakh crore during the meet.

Japanese township

Japanese companies have expressed interest in setting up a township exclusively for Japanese expats. The government has offered 500 acres of land at Vemgal in Kolar for the township, he said.

Nirani also said that during his recent visit to Japan to invite investors for the GIM, an MoU was signed with Mizuho Corporate Bank to establish the bank’s branch in Bangalore to meet the financial needs of the Japanese.

He also said Toyota is likely to sign an MoU to invest Rs 1000 crore for setting up a car engine manufacturing plant in Kolar.

DHNS (http://www.deccanherald.com/content/245141/once-bitten-govt-shies-away.html)

While the “success” of the Global Investors Meet (GIM) 2010 is yet to materialise, the state government has already carved out plans on expected revenues and investments from its next edition to be held in June 2012.
Industries Minister Murugesh Nirani was addressing the media on Thursday after his recent visits to Japan and Singapore for the promotion of GIM.
Nirani said that they expect to rake in investment worth Rs 5 lakh crore in the GIM 2012.
The very assurance that over 1,000 companies from Japan had evinced interest in setting up shop here had led the minister to earmark 500-1000 acres in Narsapura, Vemgal and Tumkur for a Japanese city.
He also announced that the financial city in Devanahalli would be expanded from 50 acres to 100 acres, with 25 acres earmarked for a Japanese bank.
“The government will review GIM 2010 and its progress in May,” Nirani said.
On the POSCO controversy, Nirani said that the “ball was in the CM’s court” and that they would soon discuss and arrive at a consensus on it.
He said that the GIM organisers would concentrate on 14 core sectors for investment, including aerospace, agro-tech, defence and fertilisers. Nirani also hinted that there would be no impetus on mining in the GIM 2012.

http://ibnlive.in.com/news/nirani-bets-big-on-gim2012/252594-60-115.html

The State government will host an investors' meet for micro-, small- and medium-scale industries (MSMI) in Gulbarga to explore the investment potential in Gulbarga Revenue division covering Gulbarga, Raichur, Bellary, Bidar, Yadgir and Koppal district on May 28.
Briefing presspersons after chairing a preliminary meeting with representatives of trade and industry in Gulbarga on Sunday, Minister for Small-Scale Industries Narasimha Nayak and Commissioner of Industries Maheshwara Rao said Chief Minister D.V. Sadananda Gowda would inaugurate the investors' meet here on May 28. Minister for Major Industries Murugesh Nirani would also participate.

Mr. Nayak said he expected that at the meet, Memorandums of Understanding (MoUs) would be signed with potential investors for investments worth Rs. 10,000 crore in Gulbarga.
He said the investors' meet was part of the Global Investors' Meet (GIM) to be held in Bangalore on June 7 and 8. While the GIM in Bangalore would deal with investment in major industries, the investors' meet held at the divisional headquarters would tap potential investment in MSMIs.
Mr. Nayak said the investors' meets for MSMI held in other parts of Karnataka including Mysore, Mangalore, Hubli-Dharwad and Belgaum were an unprecedented success, with the government signing MoUs worth several thousand crores.
At the investors' meet held in Mysore on May 4, MoUs worth more than Rs. 10,000 crore were signed; at the meet held in Hubli in March, MoUs worth Rs. 4,800 crore were signed, and at the meets held in Belgaum and Mangalore, MoU's worth Rs. 2,000 crore and Rs. 1,500 crore respectively were signed.
To a question, Mr Nayak said that investment opportunities in MSMIs was very high in the state and it had remained untapped all these years and the investors meet had helped the state to tap this potential and create more employment avenues with the opening of new industries in the tier II cities.
Mr. Nayak said Gulbarga had good potential in the MSMI sector, and the State government was confident of inviting investors from the neighbouring State of Andhra Pradesh to invest in the pharmaceutical and other industrial hubs in the Gulbarga region.
The government would set up a common effluent plant in Yadgir for the proposed pharmaceutical hub in Yadgir district.
In Gulbarga, a jewellery park was proposed to be set up along with the textile park and other industries.

http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article3392254.ece (http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article3392254.ece)

Excellent news!!. I am sure Gulburga will pull off more than 10,000 crores of investment proposals as that region is known for cement and other heavy engineering industries that supports lots of SMEs.

Holding mini investment meets at various regions is (only) one sensible thing government is doing. :)
I wish to see more action on the ground than just in the paper.

WISH YOU A GRAND SUCCESS GULBURGA!!!

HUBLI: With the investment promises made at Global Investors' Meet (GIM) 2010 falling flat, industrialists and industry bodies of Karnataka are sceptical about the outcome of the second edition of GIM scheduled for June 7-8, 2012. "Non-availability of land and industrial infrastructure were key bottlenecks for converting promises made in GIM-2010 into a reality.

Without addressing these issues first, any exercise by the government for fresh investments will be futile," said Basavaraj Javali, president, Belgaum Chamber of Commerce and Industry. The first edition of GIM had laid emphasis on attracting investment in core sectors like power, steel, cement in the region. As a result, leaders of these sectors like Posco India Ltd, Arcelor Mittal, Tata Metallic, Bharat Forge, and Bharat Forge had promised to invest thousands of crores to set up their plants in Gadag, Koppal, Haveri, Bellary and Bangalore districts.

But, none of their projects has taken shape in the last two years. Moreover, Arcelor Mittal has dropped the idea of investing in this region due to strict regulations on iron ore mining and Posco has not been provided any land by the government. According to government estimate, this edition of GIM is going to get investment proposal to the tune of Rs 5 lakh crore.

This estimate does not look achievable in the prevailing political situation. Industry minister Murugesh Nirani has himself conceded that prevailing political uncertainty in the state will have a negative impact on GIM 2012.

GOVERNMENT IRREGULARITIES

In Belgaum, Zuari Fertilisers and Chemicals has already deposited Rs 110 crore with Karnataka Industrial Area Development Board for 1,078 acres to set-up 11.55 MTPA fertiliser unit with an investment of Rs 4,565 crore. But, the company has not got the possession of land. "If the track record of the government remains so poor, new investors are not going to come. Picture is not clear in the state as far as new investment is concerned," said Mr Javali.

Industrialist Madan Desai told ET, "The government's approach toward sanctioning projects is quite discouraging. While a US-based IT company was ready to invest for developing an SEZ in Hubli, the administration's response was pathetic. The same happened in the case of sanctioning of land for companies at Aryabhata Tech Park. If the scenario is so miserable, how can we expect more from GIM 2012?" NS Infotech chief executive officer Santosh Huralikoppi stated, "Investment during the meet will be made keeping in mind Bangalore.

But, onus will be on the government to reroute investments to tier-II cities to ensure equitable growth of the state. The region has potential to grow, but it lacks direction from the policy makers. This problem should be addressed first. Mumbai, Pune and Maharashtra-based companies are ready to invest in cities of North Karnataka."

CHANGE OF STRATEGY

"Understanding the difficulty in realising project in core sectors, the government has chosen 12 other sectors for investment in the second edition. Automotive, aerospace, agro, food processing, biotechnology and pharmaceuticals, chemicals, petrochemicals, energy, information technology, mines and minerals, textile, tourism, education, industrial infrastructure and urban infrastructure are key areas where investment is required," said a senior official in industry department.

However, industry fraternity feels it is unwise to expect anything great from this season of GIM as the conversion rate of GIM 2010 is dismal.

LOCAL INVESTMENT

While big investment promises have fallen flat, small investors are showing a lot of interest due to the road show held in the city in the run up to the GIM. The road show held at Hubli has attracted over Rs 4,500 crore of investments in different sectors. Considering such an overwhelming response by the investors, the state has planned to lure more small companies to invest in this region in the GIM 2012.

According to industry department record, as many as 229 memoranda of understanding (MoUs) have been signed with local players operating from Mumbai-Karnataka region, which will bring investment to the tune of Rs 4,511 crore and generate 23,000 jobs. "The strategy of attracting big investments from large business houses has not worked. So, we have appealed to the industry minister to pull in medium scale industries belonging to engineering and manufacturing sector because they don't need huge investment and large tract of land. The chamber is also coordinating with the government for effective marketing of the region during the meet," said NP Javali, president, Karnatak Chamber of Commerce and Industry (KCCI).

"KCCI is also exploring ways by which investment could be attracted and as a result a German-based company has proposed to set-up a footwear manufacturing unit in Dharwad," he added. The government's focus on big companies has evoked criticism from North Karnataka Small Industries Association too.

NKSSIA president Laxmikant Patil told, "We have pressed for a special cell for SMEs during the meet and have also demanded for exemption and concession on land price and tax rates which are offered to larger investors. Instead of pushing for big companies, we have appealed for facilitating more and more smaller and medium investors which would create decent number of job opportunities."

ET (http://articles.economictimes.indiatimes.com/2012-05-29/news/31887932_1_gim-2010-new-investment-second-edition)

Bangalore: The Karnataka government plans to soon introduce the Infrastructure Bill which will provide for creation of Karnataka Viability Gap Fund to the tune of Rs. 500 crore to aid projects.

Addressing industry captains at an interactive session organised by Bangalore Chamber of Industry and Commerce, Industries Minister Murgesh Nirani said the Bill would provide the much needed boost to infrastructure projects.

On the upcoming Global Investors Meet (GIM) from June 6 to June 8, Mr Nirani said over 10,000 business delegates comprising those from top management would have the opportunity to interact and network with business leaders and policy makers.

He said the state has initiated a unique Land Bank in which about 1.19 lakh-acres of land suitable for industries has been identified. The Karnataka Industrial Area Development Board (KIADB) has already initiated acquisition of most of this land and is also ready to offer it to investors, he said.

Land Banks and Industrial Parks are being established at cities like Dharwad, Mysore, Mangalore and Gulbarga to attract industry to these places with financial incentives, he said.

Referring to last edition of GIM 2010, Mr Nirani said that nearly 36 units have already started production, another 36 are in the progressive stage and 250 units are in the pipeline.

"The gestation period for each company varies, depending on various factors, including the business they are in," he said.

NDTV (http://www.ndtv.com/article/south/karnataka-to-introduce-bill-to-boost-infrastructure-projects-220926)

Rishikesh Bahadur Desai

* Progress report of projects: seven of 19 promoters back out, 10 in pipeline, two speeding ahead

While the State government is all set for the Global Investors' Meet 2012 that is to begin in Bangalore from June 7, it is time to look back and access the progress of projects that were signed at last year's meet in Bidar district.

Work has commenced on only two of the 19 projects approved for setting up industries in this backward district. Entrepreneurs had promised investments worth Rs. 1,318.94 crore and employment to 11,568 skilled and unskilled workers. During one of his visits to Bidar, the then Chief Minister B.S. Yeddyurappa had announced that such unprecedented investments would change the face of Bidar.

“The initial enthusiasm has gone now. Seven of the 19 promoters backed out and only 12 projects have moved ahead. Of them, only two are in advanced stages of implementation,” sources said.

Of the two, one is a steel products industry and the other is an expansion of an existing unit in the Bidar industrial area. Officials estimate that if all the 12 projects were completed, it would have provided jobs to around 5,000 people.

In the ten projects that have commenced, some have been allotted land, some have started work on building the plants and others have started erecting machines. According to them, recessionary trends in the market and delay in land acquisition have affected progress.

“The investors wanted 564 acres of land. While some were willing to set up their units in the industrial estates that already exist in the district headquarters and the taluks, others wanted new land to be acquired. We had put forward the proposals to the Revenue Department and the State government. Land acquisition is in progress, but it has not been as fast as we had hoped,” government sources said.

Officials also felt that some industrialists were not interested in starting industries, but in the land or to avail tax benefits offered by the government.

But industrialists deny this. They blame delays on the apathy of government departments to issue clearances for setting up of industries, large-scale corruption and the delay in setting up a common effluent treatment plant in the industrial area.

“An investor needs to get hundreds of clearances before he can set up a factory. This stifling attitude of the bureaucracy towards private enterprise has not changed even after liberalisation,” says Bidar Chamber of Commerce and Industries president B.G. Shetkar.

He pointed to corruption at all levels of governance and rubbished allegations that industrialists were here only for the land. Industrialists have filed complaints against officials for demanding and accepting bribes. During a public hearing in Bidar a few months ago, two industrialists representing Hyderabad-based Balaji Enterprises had complained to the former Lokayukta Shivaraj Patil that Karnataka Industrial Areas Development Board officials had not allotted sites to them even after demanding and accepting bribes. Justice Patil had told the officials to speed up the process of allotting the sites.

In a review meeting last year, another industrialist had told the then Regional Commissioner Shalini Rajneesh that officials of the KIADB and the Industries Department had refused to clear his project and allot sites if he did not pay a bribe. Ms. Rajneesh had promised to look into the matter.

More promises

When contacted, Large-and Medium-Scale Industries Minister Murugesh Nirani said he would ensure that all the promises of investments made in this year's GIM would be fulfilled. He also promised to direct senior officials of his department to look into allegations of corruption against officials.

TH (http://www.thehindu.com/news/states/karnataka/article3480692.ece)

* Focus to be on small projects as opposed to big-ticket ventures

Chief Minister D.V. Sadananda Gowda is determined to make a success of the Global Investors' Meet, which is to be held between June 7 and June 8, a senior government official told The Hindu. However, unlike his adversary in the Bharatiya Janata Party, the former Chief Minister B.S. Yeddyurappa, who had announced several mega projects at the first edition of the event in 2010, this year's event is likely to focus on smaller projects, the official said.

GIM 2010 resulted in MoUs for industrial projects with investments amounting to more than Rs. 4 lakh crore. However, the euphoria melted quickly, with industry and trade associations arguing that there was no follow-up of the MoUs that were signed. They cited the high-profile attendance of Lakshmi Mittal, the head of the world's biggest steel company ArcelorMittal, at GIM 2010, to argue that the meet was not only badly designed but that it was destined to fail because of its excessive focus on steel and other “big-ticket” projects. “The government's measure of success was in terms of the value of the proposed investment instead of actually spurring industrialisation,” said a senior functionary of a prominent industry lobby.

ArcelorMittal, which had signed an MoU with the government for a six-million tonne steel plant in Bellary, involving an investment of Rs. 30,000 crore, recently announced that it is putting on hold its project. Although Mr. Mittal attributed the delays to “bureaucratic delays”, it is evident that the decision may have been influenced more by the global steel industry going through a slowdown.

New focus

Asked if the excessive dependence on steel was a mistake, M. Maheshwar Rao, Commissioner for Industrial Development and Director, Department of Industries and Commerce, said, “It has been our conscious focus this time to emphasise on small-ticket projects, especially medium and small industries, because they can result in more employment. The investment per project may be smaller, but the impact is likely to be greater.” He said the objective of GIM 2012 is to establish Karnataka as a centre for world-class manufacturing.

The government has also roped in global consultancy major Ernst & Young as a “knowledge partner” to woo investors. The contract between the State government and the consultancy includes an “incentive structure” clause, which will result in payments by the government depending on the value of investments that Ernst & Young actually delivers, said Mr. Rao. However, he cited “contract confidentiality” provisions of the contract and refused to say how much the government would have to pay the consultancy.

700 delegates

Mr. Rao said more than 700 delegates have already registered for the event. He said the government expects MoUs for projects involving investments amounting to about Rs. 4 to Rs. 5 crore, he added. Mr. Rao admitted that “exogenous factors” like the global economic environment and the slackening pace of growth in India are “worrying”. “We are a little concerned about the industrial climate, but we are confident that we can meet investor expectations,” he said.

“Jamborees of this nature have their limitations,” said L. Krishnan, Chairman, Karnataka State Council of the Confederation of Indian Industry. He said the role of an investor meet is at best marginal, in the sense that it would convince “fence sitters” to take the plunge by investing in the State. He urged the government to ensure a “judicious mix of small and big projects”. This would ensure a steady flow of investments into the State because large projects will take time to materialise, he observed.

J. Crasta, co-chair, Southern Regional Council, Associated Chambers of Commerce and Industry, expressed the hope that although the “political situation in the State had cast a cloud over the event, the implementation of projects would remain unaffected”. J.R. Bangera, president, federation of Karnataka Chambers of Commerce and Industry, said, “Unlike in 2010, when the event was celebrated as a show, local industry associations have been given a greater role at GIM 2012.”

TH (http://www.thehindu.com/news/states/karnataka/article3477192.ece)

BANGALORE: The second edition of the state government-sponsored Global Investors Meet (GIM), scheduled to be held on June 7 and 8, 2012, is expected to generate over Rs 5 lakh crore investment proposals, exceeding the previous event’s investment commitment, Major Industries Minister Murugesh Nirani informed here on Tuesday.

The Minister told reporters that the previous edition of GIM-2010 had yielded investment proposals to the tune of over Rs3.92 crore, which was attended by industry leaders, various governments, trade bodies and associations, investment promotion agencies and entrepreneurs.

“The kind of response received from the various road shows and other related events conducted by the ministry has received an overwhelming response,” the Minister said.

Informing that the state government has taken several measures to attract investors to Karnataka as a preferred destination, the Minister said, “The state government will offer better incentives to prospective investors, which would be announced during the two-day event.”

Referring to the complaint on delays after getting clearance at the State

High-Level Clearance Committee, the Minister said it has been decided to see that notifications would be issued within 24 hours of approval of the project proposal.

The Minister said that the state government would make all efforts and see that Karnataka is India’s preferred investment destination and “holding GIM-2012 is an emphatic initiative in this direction”. He also said the state government has decided to offer special sops and incentive proposals to corporate houses, which would come forward to establish units in the backward districts in the state.

IBNLive (http://ibnlive.in.com/news/gim-2012-to-exceed-2010-investments/262807-60-115.html)

May 30, 2012 By Johnlee Abraham | Prathima Nandakumar DC Bengaluru

Look beyond Bengaluru — is the mantra for the potential investor as the city plays host to the third Global Investors’ Meet 2012 on June 6-8, hoping to rake in investments worth Rs 5 lakh crore, while urging companies to set up industries in the under-developed north of the state.

“It’s a conscious decision to shift focus away from Bengaluru as there is huge business potential and need for employment generating industries in the backward regions.

We will persuade investors to invest in tier-2 and tier-3 cities for which we will announce a special package,” said industries minister Murugesh Nirani, on Tuesday.

The GIM presents the state government with the opportunity to add over 10,000 MW to its power generating capacity.

Energy-deficient Karnataka has chalked out an ambitious plan to ramp up its capacity with an outlay of Rs 75,000 crore for GIM 2012, with focus on thermal and renewable energy.

Does GIM 2012 hold the solution to the power crisis in Karnataka?

The state government certainly seems to be hoping it does.

The Karnataka Energy Department, which is looking to attract an investment of Rs 75,000 crore and add over 10,000 MW to the state’s power generating capacity during GIM-2012, has big plans in the offing.

It hopes that upping its energy capacity will help it provide round-the-clock power all through the year in the state by 2020.

While the focus of the last last Global Investors Meet was on gas-based projects, the state is offering six thermal plants and several renewable energy projects for private investment at this year's GIM.

The units on offer under joint venture by Karnataka Power Corporation are the 800 MW unit III of the Bellary Thermal Power Plant , two units of 800 MW capacity of the Raichur Thermal Power Plant and one 800 MW unit at Yedlapur.

The state government , which is struggling to meet the demand for about 8,000 MW and more every day, is said to be keen on getting private investors to import coal for the thermal power units.

“The projects where private investors can get coal import linkages, will be given preference,” revealed an official of the power department, however, conceding that the decision was risky considering the coal shortage and the difficulty in getting the linkages.

“ Although we have not yet got coal linkages for some of the projects we have started work on them as we dont want to delay them any further,” he explained.

Deccan Chronicle (http://www.deccanchronicle.com/channels/cities/bengaluru/%E2%80%98gim-2012-look-beyond-bengaluru%E2%80%99-936)

RAVI SHARMA in Bangalore

* The State invites investors as the biennial Global Investors Meet (GIM) meet is set to get under way in Bangalore on June 7 and 8.

KARNATAKA has an illustrious history of successfully introducing several industrial and technological initiatives. This is hardly surprising since for over a century the region, initially under the rule of the far-sighted maharajas of Mysore and later under a succession of democratically elected governments, has been a pioneer in industrialisation. As Chief Minister D.V. Sadananda Gowda says: “Karnataka is the gateway of innovative India. A destination that offers investors the right blend of strengths and opportunities.”

Today, Karnataka is driving domestic growth and creating wealth through a critical mix of resources-, skill-, technology- and knowledge-based products and services. A proactive government, investor-friendly policies, skilled manpower that is readily available, and a congenial atmosphere have made Karnataka an industrial powerhouse. The State's capital, Bangalore, has also become the aerospace and information technology (IT) capital of India. In what is a clear reflection of its investor friendliness, Karnataka has the third largest (after Maharashtra and Delhi) share (6 per cent) of foreign direct investment (Rs.42,131 crore) in India.

With an area of 191,791 square kilometres, Karnataka is one of India's fastest growing States. It accounts for 5 per cent (61.1 million according to the 2011 Census) of India's population but contributes 6 per cent of the gross domestic product (GDP), 7 per cent of fixed capital and 13 per cent of exports. The State has a gross State domestic product (GSDP) at constant prices (2004-05) of $56.7 billion and a GSDP growth rate of 8.2 per cent (2010-11). Its major industries, besides IT, are automotive and aerospace, chemicals and petrochemicals, mines and minerals, biotechnology and pharmaceuticals, energy, tourism, textiles and apparels, agro and food processing. The State has five airports (three domestic and two international), 11 ports (with a traffic of 44 tonnes in 2009-10), 4,396 km of national highways, 20,528 km of State highways and 3,250 km of rail connectivity.

Interestingly, the Karnataka State Industries and Commerce Department is completing 100 years of investor and industry facilitation. Karnataka, in fact, was one of the first States to come up with an Industries Facilitation Act. The State also has a dedicated nodal agency, the Karnataka Udyog Mitra, which provides all investors who are looking to set up business in the State single-window facilitation. The State's “New Industrial Policy, 2009-14” offers investors a number of attractive concessions/incentives such as exemption from entry tax, Agriculture Produce Market Committee (APMC) cess/fees; electricity and stamp duties; concessional registration charges/refund of conversion fee; investment promotion subsidy for MSMEs (micro, small and medium enterprises); interest-free loans on VAT for large and mega projects; anchor unit subsidy and special incentives for units coming up in low human development index districts.

Unarguably, what set the industrialisation ball rolling was the setting up of Asia's first hydroelectric power station in 1902 at Shivanasamudram, on the Cauvery. The power station boasted the then longest transmission line in the world – 147 km from Shivanasamudram to the mines at the Kolar Gold Fields. Even today, Karnataka ranks second in India in installed hydroelectric capacity (3,599.8 MW).

The 1950s and 1960s saw the establishment of a number of public sector enterprises such as Bharat Electronics Limited and Bharat Earth Movers Limited, and defence laboratories of the Defence Research and Development Organisation, all set up to augment India's defence preparedness. The State government also set up public enterprises, and laid the foundation stone for Electronic City, one of India's largest electronic industrial parks, in the late 1970s. Spread over 332 acres (one acre is 0.4 hectare), Electronic City, on the outskirts of Bangalore, is the pioneer in IT infrastructure development. It made Bangalore in the years to come the business outsourcing capital of the world. Incidentally, Bangalore, which has its fair share of traffic congestion, parking woes, water shortages and power fluctuations, has been rated as the second most vibrant among the top 50 cities in India.

The advent of IT and IT-enabled services (ITeS) was the next big thing to happen in Karnataka. The IT explosion came in the early 1990s with a host of national and international companies setting up base in the city and spearheading the Indian IT revolution. Be it software (enterprise solutions, IT applications, e-commerce and security, storage solutions, cloud solutions), hardware (semiconductors, electronic and printed circuit boards, embedded solutions, computers and peripherals), infocom (telecom, wireless and broadbrand, mobile operating systems and applications, networking products), animation and visual effects, gaming and comics, production studios, new media, digital art centres, IT training and education, research and development, IT and hardware parks, venture funds and Internet protocol (IP) consulting, Karnataka has it all.

Bangalore is the fourth largest technology cluster in the world, with over 2,025 IT companies, 330-plus BPOs/ITeS and 100 hardware units, and has become a global outsourcing hub for IT and ITeS. There are today over 800,000 IT professionals working in Bangalore. Karnataka is home to 700 multinational and 87 Fortune 500 companies and the highest number of CMM (Capability Maturity Model) level 5 companies in the world. Besides, an exclusive industrial area for electronic hardware and IT/ITeS is coming up at Devanahalli, near the Bangalore International Airport.

Karnataka expects its IT exports in 2011-12 to cross $20 billion (the highest from any State in India), but not wanting to rest on these laurels it hopes to position itself as a major electronic system design and manufacturing hub and animation and visual effects capital. Karnataka is also pushing to promote IT parks in Tier II cities, such as Hubli-Dharwad, Belgaum, Gulbarga, Shimoga, Davangere and Mangalore, and rural BPOs. Says Murugesh R. Nirani, Minister for Large and Medium Industries: “One new global company moves into the State every week and a new industrial unit is approved every day.”

Listed among the top four innovative hubs by the World Economic Forum, Karnataka aims to be the finest investment destination in India with economic growth across IT, biotechnology, aerospace, nanotechnology, machine tools and construction equipment, defence technology, knowledge and business process outsourcing and clinical research sectors.

In April, Union Finance Minister Pranab Mukherjee laid the foundation stone for an exclusive financial city on the outskirts of Bangalore. To be developed over three years at the cost of Rs.1,000 crore, the financial city, which is the first of its kind in India, will, according to Mukherjee, enable financial institutions to establish and run a variety of operations, including support activities, and meet regional financial demands. The choice of Bangalore for establishing the city is a reflection of its status as a financial superpower in terms of the size of bank credit and deposit, and income tax collections, being next only to Mumbai and New Delhi.

Karnataka, which has established software technology and biotech parks, has also initiated plans to set up a dedicated nanotech park, a knowledge city and a manufacturing unit for defence. The State has also approved the setting up of 58 special economic zones (SEZs). Of these, 20 are already operational with a total investment of $3 billion. They have so far generated 97,313 jobs and exports worth $5.7billion.

In terms of education and research, the Indian Institute of Science (IISc) and the Indian Institute of Management (IIM) in Bangalore top the list of quality institutions in the State providing a ready-made pool of highly skilled human resource across a variety of sectors. Besides, Karnataka also has over 100 R&D centres (the largest number anywhere in India), 22 universities imparting general education, 187 engineering colleges (third largest in India), 114 medical and dental colleges (again the highest in India), 181 polytechnics, 600 Industrial Training Institutes (ITIs) and 13 international schools.

Eight of India's 75 top-ranking engineering institutions are in Karnataka. The State is also home to the prestigious National Law School of India University.

The Knowledge Hub of Asia, as it is called, Karnataka is the No.1 investment destination among India's 16 developing States, according to World Bank Report, 2009. It is a leading producer of horticulture products, accounting for 12 per cent of the fruits and 8 per cent of the vegetables grown in the country, and contributes 70 per cent of India's coffee output (the largest in India). The State accounts for 20 per cent of India's garment production.

Karnataka ranks fourth in automotive production, with an investment of $713 million and an annual revenue of $6,014 million. The districts of Ramanagara, Shimoga, Kolar and Dharwad have been designated as automobile zones. A dedicated auto cluster is coming up in Hubli-Dharwad, and an SEZ for auto components is being established in Shimoga. Karnataka produces more than 25 per cent of the indigenously manufactured aircraft and space equipment.

The mineral-rich State has around 3,447 million tonnes of iron ore deposits and 2,518 million tonnes of manganese ore. There are also abundant deposits of granite (pink, green, black, grey and yellow), soapstone, sandstone, graphite, limestone, quartzite and clay. Annually, Karnataka produces over 11 million tonnes of cement and (until the illegal iron ore mining controversy hit the industry) 7.29 million tonnes of steel. India's only gold-producing mine – the Hutti Gold Mine – is located in Raichur district. The State has the second largest number of bauxite mines. Yet, a shortage of quality power (since the 1980s) and clear-titled land and the lack of world-class infrastructure have impeded Karnataka's march to become India's most industrialised State.

In a bid to address the problems associated with land acquisition for industrial purposes, the State government has established a land bank under which 1.19 lakh acres of land has been identified for acquisition by the Karnataka Industrial Areas Development Board. According to Nirani, “50,000 acres of this identified land is ready for final acquisition”.

Commenting on the issues surrounding Posco India Private Ltd's (the Indian subsidiary of the South Korean conglomerate Posco) plans to put up a Rs.32,336-crore steel plant in Gadag district, Nirani explained that if local farmers were unwilling to part with their land the plant, which requires 3,382 acres of land, could come up in a “neighbouring district”.

The Minister also spoke optimistically about the power situation, emphasising that the State would soon have adequate power. He said: “A thermal power-generating plant is coming up in Bijapur. We are on the verge of signing a number MoUs [memorandums of understanding] with power-generating companies for 18,000 MW of power.”

With 38 per cent of Karnataka's population living in urban areas, investment in urban infrastructure is a key area for investors. Urban services to meet the demands of Bangalore's rising population would require investments totalling $5,796 million over the next five years. Bangalore needs an investment of $ 5,208 million to meet its transport and traffic requirements.

Frontline (http://www.frontline.in/stories/20120615291111300.htm)

Oppose GIM, Raitha Sangha tells farmers (http://www.deccanherald.com/content/253139/oppose-gim-raitha-sangha-tells.html)

MYSORE: In the last four years, Karnataka has emerged as an investor-friendly destination and has tapped the potential of youth by generating employment, said Chief Minister DV Sadananda Gowda. He was speaking at the inaugural event of the Mysore Region Business Development Summit organised by the Federation of Karnataka, Bangalore and Mysore Chambers of Commerce and Industry here on Friday.

“The Global Investors’ Meet (GIM) to be held in Bangalore is all set to create history by attracting huge investments and invite entrepreneurs to invest in tier-II cities. The GIM that was successful in Mangalore and Belgaum will attract investment to the tune of Rs 12,000 crore and generate employment by creating at least 50,000 jobs in the Mysore region,” he elucidated. By offering incentives, creating land banks, announcing tax exemption, and ensuring basic infrastructure to promote young entrepreneurs, the CM said, Karnataka has a head start when compared to other states.

He averred that the response to investment in the state has been overwhelming from countries such as the US and Japan.

“The government is keen on promoting small-scale industries and will implement recommendations of the Sarojini Mahishi Committee Report,” he added.

He said that Mysore region has the potential to increase its contribution to the state’s GDP from 12 to 20 per cent.

IBNLive (http://ibnlive.in.com/news/dvs-hardsells-state-to-investors/254897-60-115.html)

Bangalore, May 29 2012, DHNS:

As many as 18 nationalised banks have declared their intention to support and provide loans to small businesses investing in the State.

Speaking to reporters after a review meeting, ahead of Global Investors Meet-2012, Industries Minister Murugesh Nirani said the banks had come forward to pledge up to Rs two lakh crore to the companies keen on investing in the State.

The second edition of the Investors Meet will be held on June 7 and 8, while the expo for the event will be launched on June 6, a trade show covering a spectrum of industries. Both events will be held at Bangalore International Exhibition Centre on Tumkur Road.

Officials said micro, small and medium enterprises (MSME) would be accorded priority during the meet. As many as 300 MSMEs have been invited to the event where they can interact with larger companies. As many as 50 meeting rooms will be provided for the interactions.

The GIM Expo 2012 will have 14 focus pavilions, spread over 20,000 sq metres. As many as 400 exhibitors are expected to register for the expo, officials said.

On the abrupt transfer of V Venugopal, the Managing Director of Karnataka Udyog Mitra, just days before the start of the Investors Meet, Nirani said it was a routine step.

Venugopal has been repatriated to KS&DL as general manager. His replacement is H V Raghuram, who was on deputation to the Coir Board as additional director.

DHNS (http://www.deccanherald.com/content/253162/banks-vow-support-investors-ahead.html)

Going to be a flop show like GIM 1,karnataka needs to improve its agriculture output.It has been staganting forever,has also gone negative.Fuck this BJP govt's useless stage shows.They are fit for nothing.Karnataka's economy is wilting under BJP's rule.

http://www.advantagekarnataka.com/index.php
http://www.karnatakaindustry.gov.in/index.aspx

Guys, if you go to the website above, its clear all the cream projects are focussed in Bangalore, Information Investment region (ITIR) on 10K acres coming up in Bangalore. Financial city, Special Investment Region (SIR) all in Bangalore.
When there is an option for investor to choose, between B'lore and other Tier II cities, why will they choose the later?
First of all, why Bangalore requires an SIR? As if B'lore has less worries about infrastructure, they are inviting more chocking the place. Living has become hell here. No water, no power, highest crime rate etc.

In my opinion, SIR should come up in dry, non-agriculture lands in mid/ northern karnataka cities. There are plenty of such lands available.

Also, why should companies dealing with call centers, BPO and other industries catering to low end of the spectrum be allowed in Bangalore. They can also come up in other Tier II cites. This way youth will get jobs in their home cities and will result in less migration.

Bangalore should concentrate on high-end of the spectrum in BT, aerospace, Nano, MEMS etc. indicating its rise from low end to high end. Silicon valley boasts of companies doing state-of-the innovations, and it is not viable for any one doing low end job to survive there.
Bangalore has to raise its bar similarly by allowing only research related companies to thrive, not any run-of-the-mill company.

These bloody politicians (angoota chaps) want anything to everything to be based in Bangalore as it is convenient for them to make money.
Akash!!, as you said, GIM -II is just an eye wash thats all, anyway government will go down the drain in the next election and the in-coming government will be least bothered about GIM projects.

Lo!! we will be back to where we are now !!!:ohno:
What a laughing stock we have become in front of foreign investors :ohno::bash:

For these politicians, Karnataka means Bangalore even though it bursts due to infrastructure failures.

Akash!!, as you said, GIM -II is just an eye wash thats all, anyway government will go down the drain in the next election and the in-coming government will be least bothered about GIM projects.



BJP govt is good in india shining campaign kind of shit,they are good stage show clowns.

4 years Karnataka again failed to revive its economy,farm sector is in distress after alternate flooding and droughts.Innovation in agriculture is required high time,let us not forget one thing

Industry and service sector more or less grows with the national average,it is the farm sector which can propel growth.Karnataka fails to realise this,we are an agrarian state.Balanced industrial and agricultural growth is a must.

http://www.advantagekarnataka.com/index.php
http://www.karnatakaindustry.gov.in/index.aspx

Guys, if you go to the website above, its clear all the cream projects are focussed in Bangalore, Information Investment region (ITIR) on 10K acres coming up in Bangalore. Financial city, Special Investment Region (SIR) all in Bangalore.
When there is an option for investor to choose, between B'lore and other Tier II cities, why will they choose the later?
First of all, why Bangalore requires an SIR? As if B'lore has less worries about infrastructure, they are inviting more chocking the place. Living has become hell here. No water, no power, highest crime rate etc.

In my opinion, SIR should come up in dry, non-agriculture lands in mid/ northern karnataka cities. There are plenty of such lands available.

For these politicians, Karnataka means Bangalore even though it bursts due to infrastructure failures.

Rightly said,Karnataka needs to invest heavily on irrigation projects and lift the agricultural produce.Cash crops must be encouraged which can fetch high amount in the markets.
BJP govt has left agriculture in the lurch.I am for sure going to vote against BJP next elections.I know who is fit to lead karnataka.

http://www.advantagekarnataka.com/index.php
http://www.karnatakaindustry.gov.in/index.aspx

Guys, if you go to the website above, its clear all the cream projects are focussed in Bangalore, Information Investment region (ITIR) on 10K acres coming up in Bangalore. Financial city, Special Investment Region (SIR) all in Bangalore.
When there is an option for investor to choose, between B'lore and other Tier II cities, why will they choose the later?
First of all, why Bangalore requires an SIR? As if B'lore has less worries about infrastructure, they are inviting more chocking the place. Living has become hell here. No water, no power, highest crime rate etc.

In my opinion, SIR should come up in dry, non-agriculture lands in mid/ northern karnataka cities. There are plenty of such lands available.

Also, why should companies dealing with call centers, BPO and other industries catering to low end of the spectrum be allowed in Bangalore. They can also come up in other Tier II cites. This way youth will get jobs in their home cities and will result in less migration.

Bangalore should concentrate on high-end of the spectrum in BT, aerospace, Nano, MEMS etc. indicating its rise from low end to high end. Silicon valley boasts of companies doing state-of-the innovations, and it is not viable for any one doing low end job to survive there.
Bangalore has to raise its bar similarly by allowing only research related companies to thrive, not any run-of-the-mill company.

These bloody politicians (angoota chaps) want anything to everything to be based in Bangalore as it is convenient for them to make money.
Akash!!, as you said, GIM -II is just an eye wash thats all, anyway government will go down the drain in the next election and the in-coming government will be least bothered about GIM projects.

Lo!! we will be back to where we are now !!!:ohno:
What a laughing stock we have become in front of foreign investors :ohno::bash:

For these politicians, Karnataka means Bangalore even though it bursts due to infrastructure failures.
Suvarna Karnataka Development Corridor

Highlights:

Industrial corridors provide infrastructure support in energy, rail, road linkages, free trade zones, inland container depots, and urban infrastructure.

New Industrial Policy, 2009-14 directed development of 5 major corridors in Karnataka, proposing to cover 11 district headquarters and 20 major towns along highways, major roads, and rail links.

Karnataka Industrial Areas Development Board published Expressions of Interest for development of steel, engineering, textile parks and townships.


Industry Districts

Steel :Bellary, Koppal, Bagalkot, Haveri, Gadag & Raichur
Cement: Gulbarga, Bagalkot, Chitradurga, Belgaum and others
Food Processing:Bengaluru Rural, Kolar, Belgaum, Gadag, Koppal, Shimoga, Bagalkot, Bijapur, Davangere, Mandya and Dharwad
IT / BT: Mysore, Mangalore, Hubli, Dharwad, Belgaum, Shimoga, Gulbarga, Kolar and Mandya
Automobile: Ramanagara, Shimoga, Dharwad and Kolar
Readymade Garments:Bengaluru Rural, Tumkur, Kolar, Mandya, Belgaum, Bidar, Dharwad and Others
Sugar and Co. gen power: Bidar, Belgaum, Bagalkot, Shimoga and Mandya
Pharmaceutical / Bio Technology:Bengaluru, Mysore and Hassan
Power Generation:Raichur, Bellary, Bijapur & Chitradurga
Media & Entertainment:Bengaluru Rural and Ramanagara

http://www.advantagekarnataka.com/images/maps/skd-corridor-map.jpg
http://www.advantagekarnataka.com/investment-information/skd-corridor.php

Rightly said,Karnataka needs to invest heavily on irrigation projects and lift the agricultural produce.Cash crops must be encouraged which can fetch high amount in the markets.
BJP govt has left agriculture in the lurch.I am for sure going to vote against BJP next elections.I know who is fit to lead karnataka.

What BJP has done for Karnataka is leaps and bound better than Congress or JD-S .They have vision .If Congress or JD-S come back to power GIM itself will be scrapped

The proposed Peninsular Region Industrial Development Corridor or PRIDE Corridor, passes through Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra is a key transport corridor for the Peninsular region of India.
The project includes

Road Length - 550 Km
Rail Length - 330 Km
Automobile and auto components
23% of the corridor road length is passing through Karnataka.
41% of the corridor rail length is passing through Karnataka.


Industrial Areas in Phase 2

Vasanth Narasapura (Tumkur)
Bharam Sagara (Chitradurga)
Shimoga
Savanur (Hubli)
Haveri
Kushtagi-Gadag
Yelburga (Gadag)
Belur (Dharwad)
Hukeri (Belgaum)
Navanagara (Bagalkot)
Kolar

Project Development activity shall be executed in 2 phases:

Phase 1: Chennai to Nellore in AP & till Chitradurga via Bangalore

Phase 2: Rest of the identified alignment

Industrial Planning Zones in Phase 1: Vasanth Narasapura (Tumkur)/ Kolar

Industrial Areas in Phase 1: Bharam Sagara (Chitradurga) and Shimoga
Industrial Areas in Phase 2

Savanur (Hubli)
Yelburga (Gadag)
Belur (Dharwad)
Hukeri (Belgaum)
Navanagra (Bagalkot)
Haveri
Kushtagi (Gadag)
Navanagara (Bagalkot)
Kolar
http://www.advantagekarnataka.com/images/maps/pride-corridor-map.jpg

http://www.advantagekarnataka.com/investment-information/pride-corridor.php

Highlights:

1,370 km Dabhol – Bangalore Natural Gas Pipeline
Main trunk line, which will extend from Dabhol to Bidadi
Planned transmission capacity of 16 MMcm/d
Construction cost of USD153 million
Construction scheduled for completion in December 2012


Investment Opportunities:

Gas Supply to the Pipeline
LNG Terminal (USD 1 Billion approx.)
Development of Gas based power plants along the Pipeline (USD 4 Billion approx.)


Total Investment Opportunity: USD 5 Billion
http://www.advantagekarnataka.com/images/maps/pipeline-map.jpg
http://www.advantagekarnataka.com/investment-information/special-investment-regions.php

Rightly said,Karnataka needs to invest heavily on irrigation projects and lift the agricultural produce.Cash crops must be encouraged which can fetch high amount in the markets.
BJP govt has left agriculture in the lurch.I am for sure going to vote against BJP next elections.I know who is fit to lead karnataka.

you yourself had posted karnataka has cleared investments worth 1000 cr in logistics .More than agriculture infrastructure for back end like cold storage shud be in place .This years itself there has been record production but most of them are rotting due to lack of warehouses

ಮಡಿವಾಳನ ಕತ್ತೆ ಮೇಳದವರದೇ ಮೇಲುಗೈ
ಉ.ಕ. ಜಿಲ್ಲೆ ಕೇಂದ್ರಕ್ಕೂ, ರಾಜ್ಯಕ್ಕೂ ಕಾಲುಕಸ

ಜೀಯು, ಹೊನ್ನಾವರ | Jun 02, 2012

ಹೊನ್ನಾವರ: ಮಡಿವಾಳನ ಕತ್ತೆ ಮನೆಯದೂ ಅಲ್ಲ, ಹೊಳೆದಂಡೆಯದೂ ಅಲ್ಲ. ಹೊರುವುದಷ್ಟೇ ಅದರ ಕೆಲಸ ಅನ್ನುವಂತಾಗಿದೆ ಉತ್ತರ ಕನ್ನಡದ ಸ್ಥಿತಿ. ಇತ್ತೀಚಿನ ವಿದ್ಯಮಾನಗಳು ಜಿಲ್ಲೆಯನ್ನು ಇಲ್ಲಿಯವರಿಗೆ ಬೇಕಾದಂತೆ ಬೆಳೆಸುವವರಿಲ್ಲ, ಬೆಳೆಯಗೊಡುವವರೂ ಇಲ್ಲ , ಹೊರುವುದು ತಪ್ಪುವುದಿಲ್ಲ ಎಂಬುದನ್ನು ಮತ್ತೆ ಖಚಿತಪಡಿಸಿದೆ.

ಹುಬ್ಬಳ್ಳಿ, ಮಂಗಳೂರು, ಕುಮಟಾದಲ್ಲಿ ನಡೆದ ಹೂಡಿಕೆದಾರರ ಸಮ್ಮೇಳನ ಜಿಲ್ಲೆಗೆ 500 ಕೋಟಿ ರೂ. ಬಂಡವಾಳ ಹರಿದು ಬರುತ್ತದೆ ಎಂದು ಘೋಷಿಸಿದೆ. ಇನ್ನೂ ಬೆಂಗಳೂರಿನ ಸಮ್ಮೇಳನ ಜಿಲ್ಲೆಗೆ ಇನ್ನಷ್ಟು ಬಂಡವಾಳ ತರುತ್ತದೆಯೋ ಗೊತ್ತಿಲ್ಲ. ಉದ್ಯಮ ಸ್ಥಾಪಿಸುವವರ ಹಿಂದೆ ನಿಂತು ಸಮಸ್ಯೆ ಪರಿಹರಿಸುವುದಾಗಿ ಉಸ್ತುವಾರಿ ಸಚಿವ ಕಾಗೇರಿ ಹೇಳಿ ಹೋಗಿದ್ದಾರೆ. ಶೇ. 80ರಷ್ಟು ಅರಣ್ಯ ಇಲಾಖೆ ಭೂಮಿ ಇದೆ. ಗಿಡಗಳಿಲ್ಲದ ಸ್ಥಳದಲ್ಲಿ ಸಣ್ಣ ಕೈಗಾರಿಕೆ ಬರಲು ಅವಕಾಶವಾಗುವಂತೆ ಸಿಆರ್*ಝಡ್* ಮತ್ತು ಅರಣ್ಯ ಕಾನೂನಿನಲ್ಲಿ ಕೇಂದ್ರದಿಂದ ರಿಯಾಯತಿ ಕೊಡಿಸಿ ಎಂದರೆ ಸಂಸದ ಅನಂತ ಕುಮಾರ ಹೆಗಡೆ ರಿಯಾಯತಿ ಕೊಟ್ಟರೆ ಮಾಫಿಯಾ ಬೆಳೆಯುತ್ತದೆ. ಇರುವ ಕಾನೂನಿನಲ್ಲಿ ಅಧಿಕಾರಿಗಳ ಮನವೊಲಿಸಿ ಕೆಲಸ ಮಾಡಿಸಿಕೊಳ್ಳಬೇಕು ಎನ್ನುತ್ತಾರೆ.

ಜಿಲ್ಲೆಯಲ್ಲಿ ಬಂದರು, ರೈಲು, ಕೈಗಾರಿಕೆ ಸಹಿತ ಯಾವ ಯೋಜನೆ ಬಂದರೂ ಸರಕಾರಿ ಭೂಮಿ ಪರಿವರ್ತನೆ ಆಗುತ್ತದೆ. ಪರಿಸರಕ್ಕೆ ಧಕ್ಕೆಯಾಗುತ್ತದೆ ಆದ್ದರಿಂದ ಯಾವ ಯೋಜನೆಯೂ ಬೇಡ ಎಂದು ಪಶ್ಚಿಮಘಟ್ಟ ಅಧ್ಯಯನ ಮಾಡಿದ ಪ್ರೊ| ಮಾಧವ ಗಾಡಗೀಳ ಕೇಂದ್ರ ಸರಕಾರಕ್ಕೆ ವರದಿಕೊಟ್ಟಿದ್ದಾರೆ. ಖಾಸಗಿ ಕೃಷಿಭೂಮಿಯನ್ನು ಸುಲಭದಲ್ಲಿ ಪರಿವರ್ತನೆ ಮಾಡದಂತೆ ತಿದ್ದುಪಡಿ ಮಾಡಲಾಗಿದೆ. ಪಶ್ಚಿಮಘಟ್ಟ ಕಾರ್ಯಪಡೆ ಅಧ್ಯಕ್ಷ ಅನಂತ ಆಶೀಸರ ವಿಶೇಷ ಕಾಳಜಿವಹಿಸಿ ಈ ಆದೇಶಗಳನ್ನು ಮಾಡಿಸಿದ್ದಾರೆ. ಅವರು ಹಾಗನ್ನುತ್ತಾರೆ. ಇವರು ಹೀಗನ್ನುತ್ತಾರೆ. ಬೆಳೆಯಲೂ ಬಿಡುವುದಿಲ್ಲ, ಉಳಿಯಲೂ ಬಿಡುವುದಿಲ್ಲ.

ಜಿಲ್ಲೆಯಲ್ಲಿ ಶಾಸಕರ ಕೊಲೆಯಾಗಿದೆ. ಆರ್*ಎಫ್*ಒ, ಎಸಿಎಫ್*ಗಳ ಕೊಲೆಯಾಗಿದೆ. ಎಸ್*ಐ ಮೇಲೆ ಹಲ್ಲೆಯಾಗಿದೆ. ಗೋವಾ ಸಾರಾಯಿ ಸಾಗಿಸುವಾಗ ಎಸ್*ಐ ಸಿಕ್ಕಿಬೀಳುತ್ತಾನೆ. ಆರು ತಿಂಗಳಿಗೊಮ್ಮೆ ಜಿಲ್ಲಾ ವರಿಷ್ಠರುಗಳು ಬದಲಾಗುತ್ತಾರೆ. ಆರು ವರ್ಷಗಳಾದರೂ ತತ್ಸಮಾನರು ಬದಲಾಗುವುದಿಲ್ಲ. ಎರಡು ಬೈಕ್* ಡಿಕ್ಕಿಯಾಗಿ ಬಿದ್ದವರು ಎದ್ದು ಮನೆಗೆ ಹೋದಮೇಲೆ ಕೋಮುದ್ವೇಷದ ಉರಿ ಹಚ್ಚುತ್ತಾರೆ. ಎರಡು ದಿನ ವ್ಯವಹಾರ ನಿಂತು ಹೋಗುತ್ತದೆ. ಬಡವರ ಹೊಟ್ಟೆಯ ಮೇಲೆ ತಣ್ಣೀರ ಪಟ್ಟಿ.

ಕಾನೂನು ಸುವ್ಯವಸ್ಥೆ ಎಡಬಿಡಂಗಿಯಾಗಿ ಅದೆಷ್ಟೋ ವರ್ಷಗಳು ಕಳೆದುಹೋದವು. ಬಯಲುಸೀಮೆಯ ಮಠಾಧೀಶರು ರೈಲಿಗಾಗಿ ಒಗ್ಗಟ್ಟಿನಿಂದ ಹೋರಾಟಕ್ಕೆ ಇಳಿಯುತ್ತಾರೆ. ಜಿಲ್ಲೆಯ ಮಠಾಧೀಶರು ಹೋಮಧೂಮದ ಹೊಗೆಯಲ್ಲಿ ಕೋಟ್ಯಂತರ ರೂ.ಗಳ ಮಠ ಕಟ್ಟುತ್ತಾರೆ. ನಾಲ್ಕು ಮಕ್ಕಳನ್ನು ಹೆರಿ ಎಂದು ಉಪದೇಶಿಸುತ್ತಾರೆ. ನಾವು ಚೀನಾದೇಶವನ್ನು ಈ ವಿಷಯದಲ್ಲಾದರೂ ಮೀರಿಸೋಣ ಅಲ್ಲವೇ?

ಹಿಂದುಳಿದ ವರ್ಗದವರ ಸಮ್ಮೇಳನ ವಿನಾಕಾರಣ ಮೂರು ಬಾರಿ ಮುಂದೆ ಹೋಗಿದೆ. ಕಾರಣ ಏನೇ ಇರಲಿ ಜಿಲ್ಲೆಯಲ್ಲಿ ಶೇ. 75ರಷ್ಟು ಇರುವ ಹಿಂದುಳಿದ ವರ್ಗದವರು ಸಮ್ಮೇಳನ ನಡೆಸದಂತೆ ಮಾಡಿದ ಶಕ್ತಿ ಜಿಲ್ಲೆಯ ಅಭಿವೃದ್ಧಿಗೆ ಅಡ್ಡವಾಗಿದೆ ಎಂಬುದು ಹಿಂದುಳಿದವರಿಗೆ ತಿಳಿದಿಲ್ಲ. ಇಂತವರು ಒಂದು ಕೈಯಲ್ಲಿ ಅಭಿವೃದ್ಧಿಯ ಬಾಗಿಲು ತೆಗೆಯುತ್ತ, ಇನ್ನೊಂದು ಕೈಯಲ್ಲಿ ಬಾಗಿಲು ಹಾಕಿಸುತ್ತಾರೆ.

11 ವಿಧಾನ ಪರಿಷತ್* ಸ್ಥಾನಗಳಲ್ಲಿ ಒಂದು ಸ್ಥಾನ ತುಂಬುವ ಅವಕಾಶವನ್ನು ಜಿಲ್ಲೆಗೆ ಯಾವ ಪಕ್ಷವೂ ಕೊಟ್ಟಿಲ್ಲ. ಜಿಲ್ಲೆಯಲ್ಲಿ ಅಂತಹ ಯೋಗ್ಯತೆಯವರು ಇಲ್ಲವೇ? ಕುಮಟಾ ವಿಧಾನಸಭಾ ಕ್ಷೇತ್ರದಲ್ಲಿ ಸತತ ಬಿಜೆಪಿ ಸೋಲಿಗೆ ಕಾರಣರಾದವರು ಪರಿಷತ್*ಗೆ ಆಯ್ಕೆ ಬಯಸಿದ್ದರಂತೆ. ಇನ್ನೊಬ್ಬರು ಉದ್ಯಮಿಗಳು. ಕಾಂಗ್ರೆಸ್ಸಿನಿಂದ ಶಾಂತಣ್ಣನ ಮೂಗಿಗೆ ತುಪ್ಪ ಹಚ್ಚುವ ಕೆಲಸ ನಡೆದಿರುವುದು ಮೊದಲ ಬಾರಿಯೇನಲ್ಲ. ಕಾಗೇರಿ ಗೆಲ್ಲಲು ಶಾಂತಣ್ಣ ನೆರವಾದದ್ದು, ಗುಟ್ಟೇನಲ್ಲ. ಕುಮಾರಸ್ವಾಮಿ ಮುಖ್ಯಮಂತ್ರಿಗಳಾಗಿದ್ದಾಗಲೂ ಉ.ಕ.ವನ್ನು ನಿರ್ಲಕ್ಷಿಸಿದ್ದರು. ಈಗಿರುವ ಒಂದು ಸ್ಥಾನವನ್ನು ಕೊಡುವ ಪ್ರಶ್ನೆ ಅಲ್ಲ. ಬಿಜೆಪಿ ಒಬ್ಬ ಹಿಂದುಳಿದ ವರ್ಗದವನನ್ನು ಪರಿಷತ್*ಗೆ ಜಿಲ್ಲೆಯಿಂದ ಕಳಿಸಬಹುದಿತ್ತು. ಜಿಲ್ಲೆಯ ರಾಜಕಾರಣಿಗಳ ಯೋಗ್ಯತೆ ಗೊತ್ತಿದ್ದ ರಾಷ್ಟಿÅàಯ ಮತ್ತು ರಾಜ್ಯ ನಾಯಕರು ಉತ್ತರ ಕನ್ನಡವನ್ನು ಕಸಕ್ಕಿಂತ ಕಡೆಮಾಡಿದರು.

ಹಿಂದೆ ರಾಜ್ಯಸಭೆ, ವಿಧಾನ ಪರಿಷತ್* ಸದಸ್ಯರಾಗಿದ್ದವರು ಜಿಲ್ಲೆಗೆ ಮಾಡಿದ್ದೇನು? ಜಿಲ್ಲೆಯನ್ನು ಪ್ರತಿನಿಧಿಸಬಲ್ಲವರಿಗೆ ಸದಸ್ಯತ್ವ ಕೊಡದೆ ತಮ್ಮ ಮೇಳದವರಿಗೆ ಸದಸ್ಯತ್ವ ಕೊಡಿಸುವ ಪರಂಪರೆ ಇಂದು ನಿನ್ನೆಯದಲ್ಲ. ಜೋಕಿಂ ಆಳ್ವಾ ತಮ್ಮ ಪತ್ನಿ ವೈಲೆಟ್* ಆಳ್ವಾರನ್ನು ರಾಜ್ಯಸಭಾ ಸದಸ್ಯರಾಗಿ ಮಾಡಿದರು. ರಾಮಕೃಷ್ಣ ಹೆಗಡೆ ತಮ್ಮ ಶಿಷ್ಯ ಆರ್*.ಎಸ್*. ನಾಯಕರನ್ನು ರಾಜ್ಯಸಭೆ, ಕಮಲಾಕರ ಗೋಕರ್ಣರನ್ನು ವಿಧಾನಪರಿಷತ್* ಸದಸ್ಯರನ್ನಾಗಿ ಮಾಡಿದರು. ಮೂರನೇ ಬಾರಿ ವಿಧಾನ ಪರಿಷತ್* ಸದಸ್ಯರನ್ನಾಗಿ ಮಾಡದಿರುವುದಕ್ಕೆ ವಿ.ಡಿ. ಹೆಗಡೆ ಗುರು ದೇಶಪಾಂಡೆಗೆ ತಿರುಗಿಬಿದ್ದರು. ಈಗ ಹೆಗಡೆ ವಿರುದ್ಧ ಘೋಟೆ°àಕರ ಬಾಣವನ್ನು ದೇಶಪಾಂಡೆ ಬಿಟ್ಟಿದ್ದಾರೆ. ಮೇಲ್ಮನೆಯ ಸದಸ್ಯರಾಗುವವರು ಜಿಲ್ಲೆಯ ಎಲ್ಲವನ್ನೂ ತಿಳಿದವರು, ಸಮಾಧಾನಿಗಳು ಆಗಿ ಕೆಲಸ ಮಾಡುವಂತವರು ಆಗಬೇಕಿತ್ತು. ಚೇಲಾಗಳೇ ಆಗಿಹೋದರು. ನೆರೆ ಜಿಲ್ಲೆಗಳು ಅಭಿವೃದ್ಧಿಗೆ ದಾಪುಗಾಲು ಹಾಕಿರುವುದನ್ನು ನೋಡಿ ಇಲ್ಲಿ ವಿರೋಧಾಭಾಸಗಳು, ವಿರೋಧಾಭ್ಯಾಸಗಳು ಮೆರೆಯುತ್ತಿರುವುದನ್ನು ನೋಡಿ. ಬೆಳೆಯುವುದೂ ಇಲ್ಲ, ಉಳಿಯುವ ಲಕ್ಷಣವೂ ಇಲ್ಲ. ಕೇಂದ್ರ, ರಾಜ್ಯ ಸರಕಾರಗಳಿಗೆ ಉತ್ತರ ಕನ್ನಡ ಮತ್ತು ಇಲ್ಲಿಯ ಜನ ಏನೂ ಅಲ್ಲ.

ಉದಯವಾಣಿ (http://www.udayavani.com/news/151109L15-%E0%B2%89-%E0%B2%95--%E0%B2%9C-%E0%B2%B2-%E0%B2%B2--%E0%B2%95--%E0%B2%A6-%E0%B2%B0%E0%B2%95-%E0%B2%95---%E0%B2%B0-%E0%B2%9C-%E0%B2%AF%E0%B2%95-%E0%B2%95--%E0%B2%95-%E0%B2%B2-%E0%B2%95%E0%B2%B8.html)

Uttara Kannada with abundance of water & electricity is suitable for industries ike ITES and tourism which are eco-friendly.

ಬೆಂಗಳೂರಿನಲ್ಲಿ ಬೀದು ಬಿಟ್ಟಿರುವ ರಾಜಕಾರಣಿಗಳಿಗೆ ಉತ್ತರ ಕನ್ನಡದ ಕರೆಂಟ್ ಬೇಕು ಆದರೆ ಅಭಿವೃದ್ಧಿ ಬೇಡ. ಉತ್ತರ ಕನ್ನದಿಗರೇ, ಸರಿಯಾಗಿ ಕರೆಂಟ್ (ಶಾಕು) ಕೊಡಿ ಇವರಿಗೆಲ್ಲ ನಿಮ್ಮ ಉತ್ತರೋತ್ತರ ಅಭಿವೃದ್ಧಿಗೆ.

http://www.advantagekarnataka.com/investment-information/district-profiles.php


District HQ: Karwar
Population: 1,436,847
Literacy Rate: 84.03%
Focus Sectors: Mining, Cement, Food Processing, Aromatic and Herbal processing, Fishery, Engineering and construction
Major Industrial Infrastructure: 8 Industrial Estates & 1 Industrial Area
Industrial Icons: The West Coast Paper Mills Limited, Avinash Engineers, Sai Electronics and Electricals, Divgi Warner Pvt. Ltd.
Connectivity:

Road: National Highway (NH) 218 (Connecting from Hubli to Gulbarga) NH 4A (Connecting from Karnataka Border to Panaji) NH 206(Connecting from Tumkur to Honavar)
Rail: Railway route length of 176 kms passes through the district.
Port: Karwar Port is situated at a distance of 136 kms with the ability to handle all types of commodities and a capacity of 5 million tons per annum.
Airport: Goa International Airport is situated at a distance of 100 kms.



They have not identified tourism, educational & ITES potential. :ohno:

http://www.advantagekarnataka.com/images/district-profiles/Uttar-Kannada-District-Profile.pdf

http://www.advantagekarnataka.com/investment-information/district-profiles.php


District HQ: Madikeri
Population: 5,54,762
Literacy Rate: 77.9 %
Focus Sectors: Food processing, Coffee, Tourism, Engineering, Ready made garments
Major Industrial Infrastructure: 3 Industrial estates, 1 industrial Area, 1 Proposed industrial area in Galibedu
Industrial Icons: GM property developers Pvt. Ltd., Coorg Golf course Pvt. Ltd., Kadkani River Resorts Pvt Ltd, Tata Coffee
Connectivity:

Road: State Highway 88 runs from Mysore to Mangalore.
Rail: Railway route length of 29.5 Km passes through the district.
Port: New Mangalore Port is nearest port from Districts. It is 145 Km from Madikeri.
Airport: Mysore airport is 130 km and Mangalore airport is 140 Km from Kodagu



http://www.advantagekarnataka.com/images/district-profiles/Kodagu-District-Profile.pdf

Kodagu is another eco-sensitive region. We should not forget that Kodagu is the richest region after Bengaluru standing only 2nd in terms of districtwise GDP. It is good that they have not included mining, cement, etc in focus sectors unlike UK.

http://www.advantagekarnataka.com/investment-information/district-profiles.php


District HQ: Chikkamagalur
Population: 1,140,905
Literacy Rate: 64 %
Focus Sectors: IT & BT, Agriculture & Food, Engineering, Wood based industries, Textiles, Tourism
Major Industrial Infrastructure: 3 Industrial Estates, 1 Industrial Area
Industrial Icons: Great Southern Coffees Pvt Limited, Pavanaganga Power Geneva Power, Amble Industrial area and electric power generation units.
Connectivity:

Road: NH-13 and NH-206 pass through the District.
Rail: Bangalore-Mumbai broad-gauge railway line passes through Kadur & Tarikere Talukas.
Port: New Mangalore Port Trust at Panambur is nearest port which is 160 Km away.
Airport: Nearest Airport is at Mangalore which is 160 Km away



http://www.advantagekarnataka.com/images/district-profiles/Chickmagalur-District-Profile.pdf

Chikkamagalooru is another eco-sensitive district. Good that they have included IT & BT in focus sectors.

What BJP has done for Karnataka is leaps and bound better than Congress or JD-S .They have vision .If Congress or JD-S come back to power GIM itself will be scrapped

High time we scrap that shit GIM,where most of it does not materialises and GOK spends substantial amount in advertising and hosting.

Just see bring a turn around in Farm sector and you will see KA growing amazingly.I am saying it again,service sector and industries are very much growing at national growth rate.What needs to be done is augmenting farm growth,that will propel the output.After all Farm sector is evergreen.See how karnataka is losing in coffee,sandalwood, tobacco and silk, once upon a time these were top revenue generators in farm sector,now farmers of these very cash rich crops are struggling to meet their ends.

you yourself had posted karnataka has cleared investments worth 1000 cr in logistics .More than agriculture infrastructure for back end like cold storage shud be in place .This years itself there has been record production but most of them are rotting due to lack of warehouses

Support infrastructure is very much needed,nobody denies that.Food processing is where KA can race ahead of all other states,owing to its strong presence of varied farm produce.

But what is the use when irrigation projects are going at snail's pace,scams galore in those projects like the case in bhadra upper lift irrigation project? No minimum support price ensured while the govt is busy saving its chair.Plain mockery.

One **** denotifies land in Mangalore just beacuse ***** from a mutt said to.

POSCO loses out land for the same case,BJP is ruled by those **** sitting in the mutts?

ITIR also has some portion of fertile land,it would not be easy for gok to acquire those,Hope jd(S) or congress come and scrap that fertile portion of ITIR.

What BJP has done for Karnataka is leaps and bound better than Congress or JD-S .They have vision .If Congress or JD-S come back to power GIM itself will be scrapped

^^Hope they scrap this GIM,some money will be saved which otherwise is spent on circus.

Approval delays, land slow project progress in Karnataka


Shilpa Phadnis, TNN | Jun 4, 2012, 12.24AM IST
BANGALORE: With just a few days remaining for the current edition of the Global Investors Meet (GIM), the Karnataka government is gung-ho, looking at attracting investments of Rs 6 lakh crore.

But only 4% of projects cleared in the previous edition of GIM have taken off, giving us a peek into what might be creating delays in the system. The big problems are project approval delays and difficulty in getting land.

"Unless the land titles are clear and registered, banks won't approve loan. If the proposed Land Acquisition Bill is passed, there needs to be clarity whether KIADB will still be the nodal agency to acquire land," Bhoruka Power Corporation MD Chandrasekhar said. Deputy commissioners can currently clear investments up to Rs 3 crore. Following an appeal from industrialists — like Chandrashekhar, who says DCs must get more powers to clear the projects speedily — industries minister Murgesh Nirani has brought in a change.


Now, the industry can buy 108 acres of land — from 54 earlier — directly from farmers under Section 109 of the Karnataka Land Reforms Act 1961. Other problems are power and labour. A CII-Athena Infonomics India report says Karnataka's energy deficit has increased from 0.7% in 2006 to 7.6% in 2010-11. The deficit is a shocking 18.4% in TN and d 3.6% in AP.

Karnataka has remained energy deficit for the past decade. "Karnataka must address the energy needs," said M Lakshminarayan, MD of Harman International India, an audio and infotainment products manufacturer. Ashish Amin, president, Apparel and Retail, SKNL, said: "Though companies can train manpower, where do we get labour from," asks Amin. The SKNL's subsidiary Reid & Taylor India has signed an MoU in GIM 2010 to set up a Rs 40-crore plant in Ramanagaram.

High-speed train plans may get the nod

MANGALORE: Big-ticket projects that are coming before the GIM 2012 are high-speed train linking Mysore-Bangalore-Chennai and a 30-km tunnel through Shiradi Ghat to facilitate four-laning of Bangalore-Mangalore NH 75. Chief minister DV Sadananda Gowda said setbacks in previous GIM have been studied to make this edition bigger and better. He told TOI 16 big Indian industrialists, trade delegations from Japan, Taiwan, Singapore and Germany are expected. Dismissing reports about low percentage of implementation of MoUs signed in GIM 2010, CM said of the 392 MoUs signed, 34 have been implemented and 140 are in the pipeline. The rest are pending due to constraints faced by government, he said.

http://timesofindia.indiatimes.com/business/india-business/Approval-delays-land-slow-project-progress-in-Karnataka/articleshow/13788184.cms

Govt identifies 14 focus sectors; expects Rs 6 lakh cr worth proposals
Bangalore June 4:

http://www.thehindubusinessline.com/multimedia/dynamic/01103/BL05_KAR_GIM_1103644f.jpg

The Karnataka government is planning to offer special package for investors at the Global Investors Meet (GIM) 2012 to encourage mega investments in tier II and III cities.

Mr Murugesh Nirani, Karnataka Minister for Major Industries, in an interactive meet with the media ahead of the GIM said, “Special package and incentives for investments of over Rs 250 crore in tier-II and tier-III cities will be taken up on case-by-case basis.”

“At the GIM, we will hold direct talks with the prospective company to ensure that at least one mega project comes up in each district,” he added.
focus sectors

The state government has identified 14 focus sectors.

Special package and incentives for tier-II and tier-III cities will be on the lines of state government offering to Honda Motorcycle and Toyota Motors recently.

For Honda, the government gave 96 acres and offered 40 per cent value added tax (VAT) payable by the company to the government as interest-free loan for 10 years.

The company will have to repay the loan from the 11th year.

The company also got additional concession by way of 95 per cent reimbursement of CST for a period of five years.
GIM 2012

In addition to these concessions, the state government also went further to waive 100 per cent of land registration cost as well.

The state government is expecting Rs 6 lakh crore at the three-day global investors meet being held from June 6 to 8.

“After conducting road shows in major countries, we have scaled up the investment projections from Rs 5 lakh crore to Rs 6 lakh crore,” said Mr Nirani. “In the midst of economic recession, state's political instability and depreciation of rupee, the government has already received investment interest for 300 big projects till date, and confirmation from delegates from 30 countries,” he added.

The state government, after learning lessons from the previous GIM, has decided not to focus on mining sector this time, said Mr Nirani. During the GIM 2010, the government had attracted investment proposals of Rs 3.98 lakh crore and so far has achieved a ‘hit rate' of 62 per cent, he added.
http://www.thehindubusinessline.com/industry-and-economy/economy/article3490586.ece?ref=wl_industry-and-economy

With the second global investors meet kicking off on June 7 in Bangalore, the Karnataka government is in fast track mode, clearing big-ticket projects,

The Karnataka government is fighting hard to reinstate its investor-friendly image which has been affected by the recent spate of scams as well as project withdrawals and delays.

Karnataka government has been able to implement only 39 of the total 389 projects it had cleared during the first GIM in June 2010 while 277 projects are still in different stages of implementation. But that's not dampened the government's hopes of garnering fat investments from the second edition of GIM to be held in June 2012.

Murugesh Nirani, large & medium industries minister, Karnataka said, “I am confident that we will reach the Rs 5,00,000 crore investment in different sectors and nearly 10 lakh employment generation. Today we concluded a high level committee meeting and we have cleared about 31 projects all over the state."

Infact, the state government has already started its work and is putting past experience to use this time. Most of the projects signed during GIM 2010 were from the steel sector, and have been stuck due to the mining ban in the state so for GIM 2012, the state has turned its focus to employment-generating sectors such as infrastructure

Karnataka government has cleared 31 projects worth Rs 1,46,656 crore so far. The key projects which are cleared include Sun Forest City Ventures' investment of a whopping Rs 93,940 crore in three phases in Bangalore Aerospace Park, which will come up over the next 12 years.

Kalyani Steel's investment of Rs 12,000 crore for a 3 mtpa carbon alloy and stainless steel plant in Yadagir district and JK Cements' investment of Rs 2327 crore for a 3 mtpa cement plan in Gulbarga among others.

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But even as the state government is drawing up grand plans to woo investors, it remains to be seen how it will overcome the shaky investor confidence, which has taken a beating, thanks to the illegal mining scam and implementation delays for projects cleared during the last GIM
http://www.moneycontrol.com/news/cnbc-tv18-comments/karnataka-govtaction-mode-to-woo-investorsgim_713308.html

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http://lite.epaper.timesofindia.com/Repository/TOIBG/2012/06/05/10/Img/Ad0100429.png

Ahead of the Global Investors Meet,commencing on Wednesday,the state government has further relaxed land ceiling laws,allowing industries to purchase 108 acres of farm land directly from farmers without going through procedural delays.
The existing rule in Section 109 of the Karnataka Land Reforms Act,1961,states that certain lands can be exempted from the provisions of the Act for industrial purpose,educational institutions,places of worship,a housing project and horticulture.Earlier,only 54 acres of farm land could have been purchased,that too after permission from the deputy commissioner.The Cabinet has recently amended the Act,allowing industrialist to buy 108 acres of farmland directly from farmers.The section has been amended as more industries are coming to the state, industries minister Murugesh R Nirani told TOI on Monday.
The powers of DCs with respect to land have been given to assistant commissioners through this amendment.The move comes immediately after the government raised annual income limit to purchase farmland by non-agriculturists from Rs 2 lakh to Rs 6 lakh.Earlier,non-agriculturists having an annual income of more than Rs 2 lakh were barred from buying agricultural land.
As a large number of agribusiness ventures had signed MoUs with the state government during the Global Agri-Business meet last year and more investors are promising investments now,the government has included agro-based industries,agro-processing industries,post-harvest operations and agri-infrastructure among those industries that can buy farm land.

POLITICAL GROUPISM EATING INTO STATES GROWTH: PAI

Business expositions like GIM can infuse a feel good factor into the state;but political groupism and in-fighting is bad for the growth of the states economy,said T V Mohandas Pai,chairman,Manipal Universal Learning.Pai said the focus of such events should be on job creation,rather than concentrating only on attracting investments into core sectors.It is critical to attract investments into areas that are capable of creating more employment in less number of years.Therefore,it was important for the government to re-peg GIM to make it more impactful and inclusive,"he said.
Some 60% of the states GDP comes from Bangalore,with a per capita contribution of Rs 3.25 lakh against that of Delhis Rs 1.95 lakh.Pai said if the state could introduce speed rail and road connections --apart from providing adequate infrastructure,roads,schools etc --between Bangalore and cities across North Karnataka,it would be able to bring over a crore of people from agriculture into the services industry,which would in turn propel the states economy.


TALKING POINTS

Trade license for small-scale industries will be abolished Investment projection scaled up from Rs 5 lakh crore to Rs 6 lakh crore Target to create 10 lakh jobs Aerospace projects involving Rs 10,000 crore investment expected to come up near Bengaluru International Airport Claims of investment from 300 big projects and confirmation of delegates from 30 countries High-speed rail project with Japanese government assistance between Bangalore-Mysore in first phase and later on Hubli-Belgaum,Hubli-Bidar and Gulbarga sections Tunnel near Sakleshpur to provide linkage to Bangalore and Mangalore Representatives from 18 leading banks will participate in GIM to sanction loans for approved projects



http://lite.epaper.timesofindia.com/mobile.aspx?article=yes&pageid=24&edlabel=TOIBG&mydateHid=05-06-2012&pubname=&edname=&articleid=Ar02400&format=&publabel=TOI

BANGALORE: With three days to go for the second edition of the Global Investors Meet (GIM), the BJP government in Karnataka today scaled up the investment projection from Rs 5 lakh crore to Rs 6 lakh crore.

The government also announced a new special package for projects that involve investment of Rs 250 crore and above in Tier-II and Tier-III cities and said it wants to ensure at least one mega project in each district, an official statement said.

"When we started planning for GIM 2012, we had identified 14 focus sectors and set ourselves a target of attracting investments in excess of Rs five lakh crore. Now it is anticipated it might touch Rs six lakh crore and enable the state create 10 lakh jobs", Minister for Major Industries Murugesh Nirani said.

Principal Secretary to the Industries Department M N Vidyashankar said an aerospace project involving Rs 10,000 crore investment is likely to come up near Bangalore International Airport.

Interacting with the media ahead of the GIM, Nirani said the government has already received investment interest for 300 big projects till date, and confirmation from delegates from 30 countries.

"In the midst of economic recession, Karnataka's political instability and depreciation of Rupee, we expect Rs six lakh crore investment in this GIM", he said.

Unlike the previous GIM, the government is not eyeing the mining sector to lure investments, he said.

During the First GIM in 2010, the BJP government attracted investment proposals of Rs 3.98 lakh crore and had achieved a 'hit rate' of 62 per cent, he said.

ET (http://economictimes.indiatimes.com/news/economy/finance/karnataka-expects-to-attract-rs-6-lakh-crore-at-global-investors-meet/articleshow/13820808.cms)

Govt’s sop opera precedes GIM (http://www.deccanherald.com/content/254594/govts-sop-opera-precedes-gim.html)
Karnataka expects to attract Rs. six lakh crore from investors meet (http://www.ndtv.com/article/south/karnataka-expects-to-attract-rs-six-lakh-crore-from-investors-meet-223238)
Karnataka takes 40 days to OK projects (http://timesofindia.indiatimes.com/city/bangalore/Karnataka-takes-40-days-to-OK-projects/articleshow/13794503.cms)
Transport dept no show at GIM (http://www.deccanchronicle.com/channels/cities/bengaluru/transport-dept-no-show-gim-326)

Jaideep Shenoy, TNN | Jun 4, 2012, 06.11PM IST

MANGALORE: Karnataka - Where Enterprise Loves to Live - proclaim full-page advertisements in the run up to GIM 2012 in leading dailies in the state on Monday. Striving to cash in on the state's investment potential and give investors a sense of continuity irrespective of the party at the helm of affairs in Karnataka is a series of policies put in place ahead of Thursday's gala opening to the event. These policy initiatives will be unveiled at the inaugural function.

Giving a feeler of these policies aimed at spawning, CM DV Sadananda Gowda told TOI that major doubt in the mind of any potential investor is political stability or lack of it in any state. This has prompted the state government to send out clear signals to all potential investors that enterprise thrives in the state and irrespective of any government at the helm of affairs; the decision of their investment in Karnataka will not be misplaced at any point in time.

The policies drafted including those for pharmaceutical, automobile, aerospace, and textiles sectors, CM said, adding more such niche areas of investment will be covered in the form of policies. Asserting that these policy initiatives should not be construed as sign of political instability in Karnataka as there is none, CM said, "This will help investors get on with their decision to invest in the state and take it forward with the help of bureaucrats."

Even if political instability surfaces in the state at any point in time in future, CM said the policies will serve as the cornerstone of a framework that will safeguard investor's interest. GIM 2012 will also see Karnataka government announce a number of new schemes and projects, CM said, adding the draft Infrastructure Development and Regulation Bill would be showcased at the event to give a further boost to the already high investor confidence.

TOI (http://timesofindia.indiatimes.com/city/mangalore/Global-Investors-Meet-2012-to-unveil-sector-specific-policies-to-boost-investor-confidence/articleshow/13819688.cms)

Visvesvaraya Technological University, Belgaum will participate in the Global Investors Meet (GIM) EXPO-2012 being organised by the government of Karnataka from June 6-8 at Bangalore International Exhibition Centre, Bangalore.

GIM EXPO-2012 is confluence of various segments of education sector including Universities and Institutions, ICT Companies, e-learning companies, infrastructure companies, international education missions, central / state government initiatives, publishing houses and content providers, financial institutions, manufacturers of scientific instruments, manufacturers of lab equipments among others. It will be a world-class showcase for the whole education sector, a place for gathering sector intelligence and best practices. H Maheshappa, vice-chancellor VTU said GIM-12 will provide opportunities for VTU to explore tie-ups and collaborations with other leading Indian and foreign education providers and research organisations. VTU is always looking forward to create a culture of innovation in engineering education and research.

“The basic objective of our participation will be in order to advance technology and produce engineering graduates who will be creative engineers in a global economy and to help Karnataka state to be remaining at the forefront of technology competitiveness” Maheshappa added.

He explained that, during GIM EXPO 2012 event, the VTU will be expecting to enter into Memorandum of Understandings (MoUs) with leading Indian and foreign education institutions and research organisations, which will be helpful to setting up of an institution of advanced studies and discovery and innovation centers in the area of relevance jointly with those institutions / organisations / companies. “On this occasion our University will showcase its student skill development and enhancement initiatives, support and initiatives, for multidisciplinary research activities, innovations and efforts made by VTU to create quality human capital for the country,the V-C said.

Further, VTU is looking for a partnership with foreign investors in the education sector for academic and research activities in the areas of aerospace engineering, automobile engineering, mechanical engineering and railway engineering etc.

BS (iness-standard.com/india/news/vtu-plans-to-be-part-gim-12/476281/)

Visvesvaraya Technological University will explore tie-ups at Global Investors Meet (http://timesofindia.indiatimes.com/city/hubli/Visvesvaraya-Technological-University-will-explore-tie-ups-at-Global-Investors-Meet/articleshow/13834644.cms)

P M Raghunandan, Bangalore, June 3, 2012, DHNS:

Reluctance to plug loopholes in the process delaying industrial projects in the State

The State government, it appears, refuses to learn lessons from its past mistakes; it has not initiated any major step to plug loopholes in the vexed land acquisition process ahead of the second edition of Global Investors Meet (GIM) scheduled for June 7 and 8.

Land acquisition proved to be the biggest hurdle for implementing projects approved in the 2010 GIM. Of the 389 projects entailing an investment of about Rs 3.92 lakh crore for which the Memoranda of Understanding (MoU) were signed, only about 39 have been implemented till now. As many as 277 projects are in various stages of execution.

Majority of the projects have suffered delay due to the land-related problems; the principal reason being the inability of the Karnataka Industrial Areas Development Board (KIADB) to complete the formation of new industrial areas for the proposed projects by acquiring land.

Of the 277 projects, about 159 are planned to be taken up in various proposed KIADB industrial areas, while about 47 require separate land acquisition under the Karnataka Land Reforms Act, according to the information from the Commerce and Industries department.

The Posco steel plant project proposed at Halligudi in Gadag district suffered a major setback on account of the stiff resistance against land acquisition. The land owners (mostly farmers) compelled the government to shift the Rs 30,000-crore project elsewhere.

Like Halligudi, farmers across many parts of the State protested against what they called “real estate business” and forced the government to drop the acquisition proceedings as the compensation offered was too less. Moreover, it was alleged that many farmers were cheated by middlemen by purchasing the land much before the issue of preliminary notification.

The government denotified about 8,000 acres of acquired land due to the stiff opposition. The widespread protests, in turn, made the investors jittery. Currently, the KIADB has 32,225 acres in its land bank (land taken into possession). The Board has identified 86,495 acres for acquisition.

The protests were a real eye-opener for the KIADB on the flaws in the land acquisition process. The Board, as a result, proposed some major amendments to the KIADB Act to ensure that the land losers are protected from touts and are paid fair compensation.

The amendments proposed include: fixing maximum two years’ time limit for issuing final notification for land acquisition from the date of issue of preliminary notification and providing market value as compensation for the land.

Land bank scheme

Besides, it was proposed that only those lands that are already in KIADB’s possession should be offered for industries. A voluntary land bank scheme was also suggested, official sources said.

The land acquisition process is being delayed in the absence of a timeframe for issuing the final notification, thus delaying compensation to farmers.

Currently, the KIADB offers compensation on the basis of the guidance value of land. Though the price fixation committee headed by the deputy commissioners has powers to recommend higher compensation depending on the market value, there are no rules or norms to determine the market value, sources added.

The present system of identifying lands for a particular project and acquiring them later, is leading to a lot of confusion among farmers apart from giving scope for middlemen.

Usually, middlemen purchase lands identified for acquisition in advance from farmers by creating a fear and ensure that the KIADB fixes attractive price as compensation, by using their clout. Hence, it was proposed that project-specific acquisition should be done away with. Instead, only acquired land should be offered for the projects, officials explained.

But, except for voluntary land bank scheme, none of the proposals has seen the light of day. Instead, the government has been maintaining that the Land Acquisition Act, 1894, is a Central legislation, and the Centre has to bring in amendment to the Act.

Though amendment to the Land Acquisition Act is the key to usher in major reforms in land acquisition for industrial purpose, the State government could have simplified the process to make it farmer friendly at the State level by amending the KIADB Act, sources pointed out.

J Crasta, President, Federation of Karnataka Chamber of Commerce and Industry (FKCCI), said investors have faced lot of problems due to non-availability of land.

“Of the 6.50 lakh industrial units in the State, only 13,500 are located in the KIADB industrial areas. The rest are located in private industrial areas. Land acquisition has been politicised for long in the State. The governments have not taken any drastic steps to remove the hurdles in the process. The credit for industrial development in Karnataka should go to dynamism and zeal of entrepreneurs,” he claimed.

B Heera Naik, Special Deputy Commissioner (Land Acquisition), KIADB, said the proposal to fix the time limit for issuing final notification is being considered at the government level.

“The KIADB has adopted a policy of fixing fair compensation to the farmers for their land. The price fixation committee is empowered to determine the market value of land and recommend it to the Board. The KIADB will take appropriate decision on the compensation,” Naik said.

The hurdles...

* No time limit for issuing final notification for acquiring land after the preliminary notification is issued.
* Absence of clear guidelines for fixing market value of land.
* Delay in issuing preliminary notification after identifying a land for a specific project leading to entry of middlemen

...& the progress

* MoUs signed: 389
* Investment proposed: Rs 3.93 lakh crore
* Projects implemented: 39
* 277 projects worth about Rs three lakh crore in various stages of implementation in the State.
* 159 projects have suffered delays due to non-availability of land

DHNS (http://www.deccanherald.com/content/254300/another-gim-govt-falters-land.html)

The second Global Investors Meet (GIM) is expected to attract investments of Rs. 6 lakh crore, including Rs. 1.5 lakh crore by foreign investors from 30 countries, said Minister for Large- and Medium-scale Industries Murugesh R. Nirani on Monday.

“The GIM is going to be a grand success, in spite of fears of a global recession, talk of political instability in the State and despite the slide of the rupee,” Mr. Nirani said during an interaction with the media. Among the mega projects on the anvil is an aerospace hub, spread over 1,000 acres, which would draw investments to the tune of Rs. 10,000 crore in the first phase.

Mr. Nirani said leading industrialists such as G.V.K. Reddy of the GVK Group; Kumaramangalam Birla, chairman of the A.V. Birla Group; B. Muthuraman, vice-chairman of Tata Steel; N.R. Narayana Murthy, founder, Infosys Ltd., and several other prominent industrialists are likely to attend the GIM on June 7 and June 8. The GIM Expo is to be inaugurated on June 6. The Minister said the investments at GIM 2012 are likely to result in 10 lakh jobs.

Describing the GIM of 2010 as a “resounding success”, Mr. Nirani claimed that of the 389 projects for which MoUs were signed, 62 had already been implemented and 225 “are in various stages of implementation”. He said the presence of public sector banks at GIM 2012 would provide comfort to investors. These institutions would arrange for term and working capital loans, apart from taking equity participation in the projects. Mr. Nirani promised the abolition of trade licences for industrial units, a demand raised by associations of smaller industries in the State. “We will initiate steps within a week,” he said.

The Minister also said the subsidy payments to small units, which had been pending since 2007, would be settled before the end of the year.

The nature of “special incentives” for mega projects would be decided after “one-on-one discussions” with prospective investors, Mr. Nirani said. Asked whether discretionary decision-making would not result in greater scope for corruption, M.N. Vidyashankar, Principal Secretary, Industries and Commerce, said this was the practice not only all over the world but also by most other Indian States.

Asked about the terms of the agreement with the State's “Knowledge Partner,” Ernst and Young, which is to be paid an “incentive fee” for bringing investments into Karnataka, Mr. Vidyashankar said, “We will make all the details available on the last day of GIM.”

T.V. Mohandas Pai, chairman, Manipal Global Education, said GIM was likely to result in the transformation of the State, by drawing surplus labour from the less productive agricultural sector to industries and services. He urged Mr. Nirani to encourage projects that result in greater employment absorption.

The Hindu (http://www.thehindu.com/news/states/karnataka/article3492562.ece)

District HQ: Shimoga
Population: 1,755,512
Literacy Rate: 80.5%
Focus Sectors: Food Processing, IT & BT, Engineering, Tourism, Energy, Automobile, Agriculture, Food processing, Fisheries
Major Industrial Infrastructure: 1 Special Economic Zone
Industrial Icons: Mysore paper Mills Ltd. Bhadravathi, Shahi Exports Pvt Ltd English India Clay Ltd., Paper Packaids Pvt Ltd., Perfect Alloy Components ltd.
Connectivity:

Road: NH206 and NH 13 connects through the district.
Rail: Railway route length of 130.88 kms passes through the district.
Port: Nearest Seaport – Mangalore.
Airport: Mangalore Airport is the nearest Airport.



Shivamogga, the waterfalls district of Karnataka, is one more eco-sensitive region with main rain catchment area like Agumbe being part of it. The secots seems to be fine but some how I don't like automobile sector manufacvturing personal vehicles though Shivamogga has a good base in automobile sector like Mysuru, Dharwad, etc.

http://farm9.staticflickr.com/8162/7340268962_897b6d2e30_h.jpg

District HQ: Hassan
Population: 1,776,221
Literacy Rate: 75.89 %
Focus Sectors: Coffee, Agro & Food processing, Pharmaceuticals, Fisheries, Textiles, Wind Energy
Major Industrial Infrastructure: 4 Special Economic Zones
Industrial Icons: Grasim Industries Limited, Mahyco Seeds Ltd, Venkateshwar Hatcheries Ltd, Fortune Cotton Agro Industries, Kancor Colours Limited, Ramco Industries Limited
Connectivity:

Road: NH 48 and NH 206 pass through the district.
Rail: 20 Railway Stations with a railway route length of 246 Kms passes through the district.
Port: Nearest port is Mangalore Port, situated at a distance of 160 Kms .
Airport: The nearest Airports are Bengaluru International Airport (187 Km) and Mangalore (160 Km)



Hasana is another eco-sensitive district. I am not sure whether Pharmaceuticals industries are environmentally good. Even Textile sector could be bad as industries like dyeing result in enough environmental hazards. I think Hasana is one of district in Karnataka with lot of potential in Wind Energy secotr.

Hi all, till now we studied what are the industrial sectors selected for 'malenadu' districts which are main rain water catchment areas of Karnataka. Eco of 'malenadu' is very important to whole Karnataka and other states in east also as the people from these state depend upon the water coming through sahyadri hills of 'malenadu'. The industrial sectors selected for these district seems to be more or less environmentally safe.

But, the politicians sitting in Bengaluru should had also realized the eco-sensitivity of UK district and selected safe sectors for this district also. Anyway they have spoild DK & Udupi districts by putting chemical and thermal power projects.

http://lite.epaper.timesofindia.com/Repository/TOIBG/2012/06/05/10/Img/Ad0100429.png

Looks like they have dropped plans of Oceanarium at Tannir Bhavi beach

MANGALORE: It is going to be a sop opera potential investors planning to invest in Karnataka post GIM 2012 will find hard to resist. In a tacit admission that Karnataka has failed to woo investors enough through sops to set shop here and add to economic prosperity of the region, state is ready to extend a slew of incentives and concessions for projects worth Rs 250 crore coming outside Bangalore. MRPL here is expected to be one such beneficiary.

With planned investment in the region of Rs 15,000 in the phase III of its project, Mangalore Refinery and Petrochemicals Ltd, a subsidiary of ONGC, is all set to get a major chunk of the sops over and above those announced in the State Industrial Policy. Dropping broad hints at the proposed sops, CM DV Sadananda Gowda said this is inevitable given that neighbouring states are wooing potential investors with sops far greater than what state is giving.

CM told TOI here that the state has been a tad slow in reaching out to needs of industrialists compared to states such as Tamil Nadu and Andhra Pradesh who are offering nearly 100% sops. Pointing to the case of MRPL, CM said their phase III investment would have a major bearing on economic progress of the coastal district from which he hails. "We are largely going to consider their request for VAT deferment for a period of 18-years," CM said.

Sops to MRPL is nothing new. The company received Rs 40 crore per annum tax holiday for 11 years for its phase I in mid 1990s and deferment in payment of central sales tax (CST). For phase II, MRPL received entry tax exemption on crude oil and CST exemption in early 2000. MRPL for its phase III had sought Rs 500 crore of VAT deferment, abolition of entry tax on crude, CST exemption and one time exemption of entry tax on capital goods.

Their turnover starts once their production starts, and the state's economy stands to benefit in the longer run once the tax holiday ends, CM reasoned. Informed sources in MRPL told TOI that they are yet to receive any official communication from the government regarding their requests for tax sops and may do so once GIM is over. The sops given to MRPL for phase I is almost over and phase II would be over few years down the line, the sources pointed.

http://timesofindia.indiatimes.com/city/mangalore/Global-Investors-Meet-set-to-bestow-tax-sops-on-MRPL-phase-III/articleshow/13850687.cms

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a) A massive 30,000 crore Special Investment Region (SIR) for Mangalore (
b) another 30,000 crore SIR for Tumkur
c) another 30,000 crore SIR for Bellary
d) another 30,000 crore SIR for Dharwad
e) another 30,000 crore SIR for Mysore

will share more info with exact location on this projects soon
Link for Mangalore project will get link for other 4

http://www.advantagekarnataka.com/images/Karnataka-Infrastructure-projects-Registation-of-Interest.pdf

Projects look nice to fill up pages on SSC I :cheers: As they are named paper projects,we shall name submit reply projects

Looks like most of the projects are planned near Bangalore and the chances of success ratio(conversion of paper to real project) in Bangalore is high. Also if the project comes in Bangalore it will benefit a lot for other state people who want to come to Bangalore like for example people from Kerala. For white colors Bangalore is the new gulf.

http://1.bp.blogspot.com/-txuYCV9ZPVI/T84XlbExUSI/AAAAAAAAJA4/gXeAr-pOpOg/s1600/sil1.jpg
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I jus want that SC to lift mining ban and want arcellor and NDMC set up mills in Bellary,both have succeeded in acquring land for their mills. SC mining ban has come as a thorn.

Please do not promote industries which pollute in Coastal karnataka,Mangalore-Udupi have been dented with huge petrochemical projects :ohno: IT sez by infy is expanding we must encourage eco friendly industries in Coastal karnataka.

Please I love my state's coast, which is pristine and beautiful.Spare it.There is enough wasteland along NH4 to test any sort of industries.Like chitradurga is seeing DRDO,IISC,Uranium enrichment plant etc

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Looks like most of the projects are planned near Bangalore and the chances of success ratio(conversion of paper to real project) in Bangalore is high. Also if the project comes in Bangalore it will benefit a lot for other state people who want to come to Bangalore like for example people from Kerala. For white colors Bangalore is the new gulf.

An interesting read

http://articles.timesofindia.indiatimes.com/2008-04-15/chennai/27759074_1_telugus-punjabis-bengalis

Punjabis are most widespread contrary to the fact that mallus are.

Bangalore, June 4(IANS) Karnataka plans to operate 'bullet trains' across the state to provide high-speed connectivity between its tech hub Bangalore and Mysore, Belgaum and Gulbarga in the northern region of the state.

"We are in discussion with Japanese experts who have built and operate bullet trains in their country, especially between Tokyo and Osaka, to provide high-speed rail connectivity between Bangalore and Mysore (150 km), Bangalore and Belgaum (610 km) and Bangalore and Gulbarga (585 km)," state Industry Minister Murgesh Nirani told reporters here Monday.

As part of its basic infrastructure development across the state, including road, rail and airport connectivity, the state government has formulated a pro-active policy to attract investments from the private sector in the infrastructure sector on the public-private partnership (PPP) model.

"We are commissioning the Japanese International Cooperation Agency (JICA) to prepare a detailed project report (DPR) for the ambitious project, which will require dedicated tracks, exclusive coaches and high-power connectivity to operate high-speed trains for reducing travel time between inter-cities by more than 50-60 percent," Nirani said.

As railways is a central subject, the state government will approach the central government and the Indian Railways for partnering in the project with financial assistance from international agencies such as the World Bank.

"JICA has come forward to assist us in the project. An expression of interest will be signed with it for the bullet trains project at the Global Investors' Meet (GIM 2012)June 7," Nirani pointed out.

The state government is also planning to build a tunnel through the 28 km Shiradi ghat section on the Bangalore-Mangalore (325 km) state highway to reduce travel time and provide a high-quality road to enable exporters and importers use the Mangalore port optimally than depend on ports in other states.

"The Japan External Trade Organisation (JETRO) has offered to provide technical assistance in building the tunnel with private builders on the PPP model," Nirani added.

http://www.newstrackindia.com/newsdetails/2012/06/04/354--Karnataka-mulls-bullet-trains-for-high-speed-connectivity-.html

An interesting read

http://articles.timesofindia.indiatimes.com/2008-04-15/chennai/27759074_1_telugus-punjabis-bengalis

Punjabis are most widespread contrary to the fact that mallus are.

Good piece of Information. Tamil Nadu always leaves MGR era, at that time they used to say, go to moon you will find a Mallu selling tea their as well.

The article is around 2008. Now they number Tamils in Karnataka is come down to 12-13 Lakhs. Size of Telugu Population is grown .

The Most Migratory population in south is Tamils, which they don't accept et all....

Scepticism surrounds Global Investors' Meet (http://timesofindia.indiatimes.com/city/bangalore/Scepticism-surrounds-Global-Investors-Meet/articleshow/13853154.cms)

Good piece of Information. Tamil Nadu always leaves MGR era, at that time they used to say, go to moon you will find a Mallu selling tea their as well.

The article is around 2008. Now they number Tamils in Karnataka is come down to 12-13 Lakhs. Size of Telugu Population is grown .

The Most Migratory population in south is Tamils, which they don't accept et all....

Mostly the labour class from tamil nadu i.e from adjoining districts like dharampuri etc have returned back to their hometowns it seems like.Now a days you find bihari and orissa laborers in construction field.BMTC buses are filled with folks from UP and bihar.

BANGALORE: With sceptism prevailing about the ambitious announcement of attracting Rs 6 lakh crore during second edition of Global Investors' Meet (GIM), the organizers are tight lipped about resources flow during the event.

Unlike last edition in June 2010, the state government and industries minister Murugesh R Nirani has maintained suspense over the investors and their nature of investments. However, M N Vidyashankar, principal secretary, commerce & industries said an investor in the aerospace sector has evinced to invest Rs 10,000 crore in the field.

Though the claims are huge, the big question is how will the government infuse confidence among prospective investors when it has failed to issue mining leases for the companies like ArcelorMittal and others signed during last GIM. This apart, the political instability in the state has caused a severe dent on the image of the government, thereby infusing fear among the investors to invest in the state.

"Political instability will not affect flow investments. Though, this feeling is there, Karnataka has always been an industrial friendly state as it has tried to address investors' needs with policies on industry, SEZ, electronic hardware, textile, integrated agri-business and agro-processing," Nirani told TOI on Tuesday.

Contrast to this, the BJP government here which looks upon the Modi governance in Gujarat as its role model has failed to see the point that political stability is one of the main reasons for that state's success in attracting investors. Gujarat is already into its fifth edition of Vibrant Gujarat summit.

During the last summit in January 2009, MoUs worth $240 billion were signed. The last summit had witnessed participation from nearly 45 countries. As against the achievements of the 2009 summit, the 2011 summit had participation from 101 Countries, with over 1400 foreign delegates. About 7,936 MoUs were signed for Rs 20,83,000 ($ 450 billion) crore.

Speaking about last GIM, Vidyashankar said the success rate was 62%. "More than 60% of the companies that signed MoUs last time will start functioning. The big ticket companies needs time to establish. In next three years all companies should start operations," he said.

However, JD(S) leader and former chief minister H D Kumaraswamy demanded a white paper on the status of the MoUs signed last GIM. "What is the rate of implementation? How many companies that signed agreements have started functioning and what are the infrastructure facilities government has provided to them? '' he asked.

TOI (http://timesofindia.indiatimes.com/city/bangalore/Scepticism-surrounds-Global-Investors-Meet/articleshow/13853154.cms)

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URL:http://www.advantagekarnataka.com/im...ct-Profile.pdf

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^^Thanks for the updates hope they materialse this time

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Looks like government is promoting Mangalore as the Industrial Capital of Karnataka


Huge investments from Mangalore Refinery & Petrochemicals Ltd (MRPL) an ONGC subsidiary, Kudremukh Iron Ore Company (KIOCL), Kudremukh Iron & Steel Company (KISCO), Mangalore Chemicals & Fertilizers (MCF), BASF etc.

Next IT destination in Karnataka after Bangalore
IT giants like Infosys, Wipro and Mphasis have established their centres in this area. Over 24 IT companies are registered in Mangalore city alone

International airport 5km from SEZ
Well connected with the Middle East and rest of India

International all weather, deep draft Sea-Port with Dedicated pipeline -cum - road corridor to SEZ

Road Connectivity
3 National highways and large networks of State Highways provide excellent road connectivity to the rest of India

Rail Connectivity through Southern Railway and Konkan Railway network.

Mangalore - The second growth Engine of Karnataka?
http://img81.imageshack.us/img81/2363/36788281.jpg

Copyright Dayanand Kukkaje

Growing Mangalore skyline hope it looks like Mumbai someday :cheers:

http://static.panoramio.com/photos/original/43976862.jpg

Courtsey Avi

Karnataka is lucky to have a nice city on the west coast,which can become a surat in future. :cheers:

^^:applause::applause:

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Avinash what about Hubli,Belgaum and Gulbarga?

Avinash what about Hubli,Belgaum and Gulbarga?

will post all cities wait.Belgaum posted

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belgaum is here

belgaum is here

All possible projects and most impacting the junta.Well laid GIM which is focusing on urban Infra.Karnataka cities are beautiful such infra thrust would help them emerge as a vibrant growth clusters.

Solid waste management too is seen in this GIM :cheers:,24X7 water supply system in Hubli was taken up by a french company which was a great success in the pilot demonstration.The same is being planned to cover in all wards of Hubli.

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http://www.advantagekarnataka.com/images/district-profiles/Dharwad-District-Profile.pdf

All possible projects and most impacting the junta.Well laid GIM which is focusing on urban Infra.Karnataka cities are beautiful such infra thrust would help them emerge as a vibrant growth clusters.

Solid waste management too is seen in this GIM :cheers:,24X7 water supply system was taken up by french company in Hubli which was a great success in the pilot demonstration.The same is being planned to cover in all wards of Hubli.

someone wnated GIM scrapped and BJP voted out few minutes back

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someone wnated GIM scrapped and BJP voted out few minutes back

I did not know the theme of this GIM edition,anyway thanks to you for the info.I am very much thrilled,love urban reforms.This govt should have done this last GIM.Such projects are never paper projects.More than 10 cos will line up for SWM or 24 x 7 water supply,such projects need to be implemented via PPP.

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I did not know the theme of this GIM edition,anyway thanks to you for the info.I am very much thrilled,love urban reforms.This govt should have done this last GIM.Such projects are never paper projects.More than 10 cos will line up for SWM or 24 x 7 water supply,such projects need to be implemented via PPP.

fact is you should do this first before you can dream of IT parks and Malls and 5 star hotels

fact is you should do this first before you can dream of IT parks and Malls and 5 star hotels

Ofcourse who says no? I was from day one asking for urban reforms in T2 cities.This govt should have done this in GIM 1 instead of non happening steel sector.

Ofcourse who says no? I was from day one asking for urban reforms in T2 cities.This govt should have done this in GIM 1 instead of non happening steel sector.

Sada on anyday is a better administrator than yeddy .The CM also matters

I have been monitoring Sadananda from the very first day of him as CM.. This is the first time i am really impressed.
I had also observed change in his body language and health condition soon after taking the CM chair. Especially during Metro inauguration i saw he had lost his weight as well..
And now I understood why was Yeddy pulling his leg.. He knew Sada was better administrator..
Remember during Sada's term as president of state BJP he was able unify all BJP leaders

Biocon founder now happy with plans for infra development

Kiran Mazumdar Shaw, the founder and CMD of Biocon Ltd, has come around to believe in the development of infrastructure in Karnataka, a day after she went hammer and tongs over lack of infrastructure in Karnataka.

Ms Shaw, a passionate Bangalorean and a strong advocate of development of infrastructure had earlier during this week said that while Karnataka government is embarking on its next edition of Global Investors Meet (GIM), there is hardly any infrastructure in the State on which investors can bank on. “Power, roads are a problem and successive governments are responsible to this,” she had said questioning on how the GIM will help solve problems.

A day after that vociferous outburst, the Government got its machinery into place and appeared to have convinced Ms Shaw that things are progressing and the GIM will help solve many of those issues. “Senior government officials came and explained to me that chunk of the proposed investments which are likely to be committed in the forthcoming GIM, will be to address power and basic infrastructure needs of the State. I have never opposed the GIM, but there has to be progress and there needs to be time-bound implementation of projects,” Ms Shaw said on Tuesday.
Meanwhile, Karnataka state officials claimed they already crossed the target of garnering investments to the tune of Rs 6 lakh crore in its forthcoming Global Investors Meet 2012. M N Vidyashankar, Principal Secretary, Industries Department said the emphasis this time has been on the energy and infrastructure sectors.:)

“Close to 32-33 per cent of all investments during GIM 2012 is from important sectors like energy, Infrastructure, Tourism, Health care among others. The GIM 2010 had a total value participation of Rs 3.89 lakh crore and the hit rate was close to about 62-63 per cent which is a very high figure as compared to the hit rates which other states in the country have in implementation of projects which were agreed upon during similar meets,” he added.

Lauding the efforts of the Karnataka government for its special emphasis on Energy and Infrastructure sectors this year, Ms Shaw added Karnataka has been playing a strong leadership role in the knowledge segment not only in India but in Asia too. “A meet such as the GIM helps to showcase this huge ecosystem that we have very successfully created in Karnataka,” said Ms Shaw.

The state has been a very attractive destination in many sectors and one of the very important focus areas this time is in the Energy and Infrastructure. These are two big needs of the state where we are in urgent need of both energy and advanced infrastructure,” “Enhanced Energy and Enhanced infrastructure will provide for robust growth for the State and we would be creating a very large opportunity for entrepreneurs, job creation and for economic development,” Ms Shaw stated.

http://www.business-standard.com/india/news/biocon-founder-now-happyplans-for-infra-development/476378/

I will vote for BJP only if sadananda gowda is projected the CM,Al this should have been done in the first year of BJP rule,Yeddy has screwed it up big time.

Biocon founder now happy with plans for infra development


http://www.business-standard.com/india/news/biocon-founder-now-happyplans-for-infra-development/476378/

I will vote for BJP only if sadananda gowda is projected the CM,Al this should have been done in the first year of BJP rule,Yeddy has screwed it up big time.

Dont forget Yeddy was screwed by reddys

^^ +1
also some of his illegal works screwd him up..

Looks like most of the projects are planned near Bangalore and the chances of success ratio(conversion of paper to real project) in Bangalore is high. Also if the project comes in Bangalore it will benefit a lot for other state people who want to come to Bangalore like for example people from Kerala. For white colors Bangalore is the new gulf.

For white collars, the three gulfs are:

Bangalore-IT/R&D
Delhi-media and communication+corporate jobs
Mumbai-finance and banking

For white collars, the three gulfs are:

Bangalore-IT/R&D
Delhi-media and communication+corporate jobs
Mumbai-finance and banking

True,other cities in India must improve their global image,Kolkata needs to pick up and balance east India.

Karnataka invites bids for tourism projects
BusinessLine (http://www.thehindubusinessline.com/industry-and-economy/economy/article3494021.ece)

[QUOTE]BANGALORE, JUNE 5:
The Karnataka Department of Tourism has called for request for proposals (RFPs) for 18 projects in the State to be developed under the public-private partnership (PPP) model.

“We had called for expressions of interest in April and received 105 responses for 15 tourism projects in the State. The positive market response has encouraged us to call for bids for 18 projects,” Ms Latha Krishna Rau, Principal Secretary – Tourism, told Business Line.

The tourism department received responses from hospitality and real estate players in Andhra Pradesh, Maharashtra, Jammu and Kashmir, and Delhi, besides Karnataka, she said.

According to her, the tourism department had envisaged an investment of about Rs 2,000 crore for these 15 projects. However, Ms Rau declined to comment on the expected investments in these 18 projects.

The tourism department hopes to facilitate tourism in the State by provision of the required infrastructure, and it has invited proposals for development of theme parks, resorts, convention centres, family urban recreation centres, adventure sports, wayside amenities, etc.

Some of the projects for which bids have been invited are situated close to World Heritage Centres, pointed out Ms Rau. The tourism department owns these government lands, and “we want private sector to come in with their own ideas and brands”, she said.

These projects will be located at Pilikula, Mysore, Bijapur, Belur (near Yagachi Dam), Jog, Shantisagar Lake, Kerrethonur Lake, Anekal, Sakleshpur, Pattadakal, Badami, Barkur, Trasi Beach, Belur (Halabeedu-Belur Road), Ilavala (Mysore), Hampi, and Agumbe.

There is one more project near Mangalore, where the tourism department plans to develop an aquamarine park. “This project at Thanirbhavi Beach will require international bidding, and this will be done soon,” she said.

Proposals will have to be submitted by July 12 this year.

True,other cities in India must improve their global image,Kolkata needs to pick up and balance east India.

For that to improve CG should help.;)

An interesting read

Punjabis are most widespread contrary to the fact that mallus are.

Nice read.

Even though it's 4 years old, i do not expect considerable change in those stats.

Looks like government is promoting Mangalore as the Industrial Capital of Karnataka




Mangalore - The second growth Engine of Karnataka?
http://img81.imageshack.us/img81/2363/36788281.jpg

Copyright Dayanand Kukkaje

Growing Mangalore skyline hope it looks like Mumbai someday :cheers:

http://static.panoramio.com/photos/original/43976862.jpg

Courtsey Avi

Karnataka is lucky to have a nice city on the west coast,which can become a surat in future. :cheers:

You forgot Karwar.

June 6, 2012 By Sachin Mellegatti DC Shimoga

Shimoga's hopes had soared after the 2010 Global Investors Meet as it was promised Rs 952 crore in investments leading to creation of 12,500 job opportunities. But the last couple of years have been a dampner as of the eight companies that had signed MoUs for investing in the district only one actually established its unit here, while another moved to Chikmagalur district.

Former president of the District Chamber of Commerce and Industry, K.V.Vasanth Kumar, blames the lack of progress on dearth of suitable land for establishing industries in the district, corruption in the government agencies responsible and political interference in the process. “The government failed to execute the land acquisition process the way it should have. The Karnataka Industrial Areas Development Board (KIADB) does not maintain transparency when implementing its projects and rampant corruption among its ranks discourages industrialists from investing in the district. What makes it even worse is the politics involved in setting up major industries here,” he regrets.

The district’s fortunes seem to have dovetailed with the resignation of former Chief Minister, B.S.Yeddyurappa , who was keen on strengthening its industrial base and took interest in developing its infrastructure to attract investors, say observers. Local officials explain the companies which have backtracked cannot be forced to reconsider as the agreements they had signed have no legal binding. Sadly, therefore, Shimoga has only investment by the Shahi Exports Company to show for the last GIM.

DC (http://www.deccanchronicle.com/channels/cities/bengaluru/shimoga-unhappy-investors%E2%80%99-meet-966)

MANGALORE: The Karnataka government is all set to woo industrialists through sops in the forthcoming Global Investors' Meet 2012. The state is ready to extend a slew of incentives and concessions for projects worth Rs 250 crore that are coming outside Bangalore. The Mangalore Refinery and Petrochemicals Ltd (MRPL) here is expected to be one of the beneficiaries.

With planned investment of Rs 15,000 in the region in the phase III of its project, MRPL, a subsidiary of ONGC, is all set to get a major chunk of the sops in addition to those announced in the State Industrial Policy. Dropping broad hints at the proposed sops, CM DV Sadananda Gowda said, "Concessions are inevitable as neighbouring states are wooing potential investors with sops far greater than what state is giving."

CM told TOI here that the state had been a tad slow in reaching out to the needs of industrialists compared to states such as Tamil Nadu and Andhra Pradesh who were offering nearly 100% sops. Pointing to the case of MRPL, CM said their phase III investment would have a major bearing on economic progress of the coastal district. "We are largely going to consider their request for VAT deferment for a period of 18-years," CM said.

Sops to MRPL are nothing new. The company received Rs 40 crore per annum tax holiday for 11 years for its phase I in mid 1990s and a deferment in payment of central sales tax (CST). For phase II, MRPL received entry tax exemption on crude oil and CST exemption in early 2000. MRPL for its phase III had sought Rs 500 crore of VAT deferment, abolition of entry tax on crude, CST exemption and one time exemption of entry tax on capital goods.

"Their turnover starts once their production starts, and the state's economy stands to benefit in the longer run once the tax holiday ends," the CM added.

Sources in MRPL told TOI that they were yet to receive any official communication from the government regarding their requests for tax sops and might get them once GIM is over. "The sops given to MRPL for phase I is almost over and phase II will be over in a couple of years," the sources added.

TOI (http://timesofindia.indiatimes.com/city/mangalore/Karnataka-govt-to-woo-industrialists-with-tax-sops-in-Global-Investors-Meet/articleshow/13860930.cms)

Defending the budget planned for the Global Investors’ Meet-2012, Major Industries Minister Murugesh R. Nirani said, “It is not an extravaganza. It is far from truth. The government had spent Rs 30 crore during the last GIM, of which Rs 8.5 crore went towards issuing advertisements.”

The minister said that since it is an international event, enough precautions have to be taken in advance to complete the tendering process. “Last time, IAS officer V. P. Baligar took extra care to avoid unnecessary expenses. This time too, sufficient instructions have been taken to avoid unwanted expenditure,” he said.

He defended the government’s spending on the arrangements and dinner for the guests. “During 2010, we did not pay Rs 500 for a single flower, as claimed by some sections of the media. But the entire bouquet cost us that much.”

He said, “The prevailing market rates were paid for the preparation during the GIM-2010. This year, too, the government has made it very clear to the officers that spending should not cross the approved limit.” Mr Nirani denied that there is a lack of amenities like water, power and land for investors. “The government has already earmarked 1.19 lakh acres of land for industries. GIM-2010 cleared gas, thermal, wind and biomass power projects to generate 18,000 MW of power. Of them, projects generating 12,000 MW would come in three years, he said.

DC (http://www.deccanchronicle.com/channels/cities/bengaluru/not-extravaganza-nirani-980)

‘Karnataka is as paralysed as the centre’

On the eve of Karnataka’s GIM, Kiran Mazumdar-Shaw raises some basic issues and wonders what an infrastructurally-challenged Bangalore can offer investors

Why are we organising a GIM when we cannot give basic infrastructure to investors? That’s a bouncer from Biocon CMD Kiran Mazumdar-Shaw that the chief minister has no option but to duck. With just three days to go for the second edition of the state’s Global Investment Meet, Shaw’s tough talk and tweets have literally set the cat among the pigeons. Sample this tweet: “Karnataka Govt is as paralysed as centre - no progress whatsoever n GIM is rather inappropriate when city has lost its global appeal.”


Speaking to Bangalore Mirror, Shaw said, “I am not opposing the GIM; it should be encouraged. (But) Attracting investors though allotting a piece of land is not the only thing. It is the responsibility of the government to provide better roads and uninterrupted power supply, solve traffic issues and provide water. These are the basic areas where the government and civic agencies like BBMP, BWSSB and Bescom have to take the initiative.”

“The GIM is an important issue for the government and it has to organise such events for attracting foreign investors. But do we have the potential for doing so? I am neither against Sadananda Gowda nor any other person. But all the previous governments are equally responsible for neglecting basic infrastructure. There is an open sewer near National Dairy in Adugodi which has not been attended to since the past 20 years. I wonder why no one is bothering to attend to it. Every time I go through the stretch, it reminds me about the lack of infrastructure in the city. Despite several complaints from the local residents, the problem has not been attended to.

“As head of the government, the CM should take the responsibility and ask the civic agencies to finish projects on time. Richmond Road in the heart of the city has lost its glamour on account of the number of potholes and leaking sewers — which no one is attending to. If we go with grievances to BBMP, we are informed about a funds crunch. When there is nothing with us, what we are going to provide for investors interested in the state? We should provide better infrastructure and then ask them to come to the state,” she said.

In the same vein, Shaw tweeted: “Bangalore and Karnataka have performed poorly in most growth indicators – CM n Mayor need to implement – can’t they see the deterioration?” And: Open sewers in Bangalore are a shame n disgrace – doesn’t CM n Mayor notice or rather smell?”

BM (http://www.bangaloremirror.com/index.aspx?page=article&sectid=1&contentid=2012060420120604060617565d7cfd89e)

It looks like Biocon Chief is not interested to expand to other cities of Karnataka. (as she talks about drawbacks of only Bengaluru & no negative comments on other cities.)

Biocon founder now happy with plans for infra development


http://www.business-standard.com/india/news/biocon-founder-now-happyplans-for-infra-development/476378/

I will vote for BJP only if sadananda gowda is projected the CM,Al this should have been done in the first year of BJP rule,Yeddy has screwed it up big time.

Biocon Chief also impressed now after looking at coverage of 'Urban Infrastructure' like Akash?

yl6-USevDic
cWzE-_CDpok

^^ +1
also some of his illegal works screwd him up..

Nothing is illegal till the court declares it so. But, there might have been some immoral works as Nitin Gadkari sir has quoted a long back.

It was vision of BSY to hold GIM-2010 after studying what mistakes earlier governments did. Same vision of studying failures of earlier plans & works and improving with further plans has taken us to GIM-2012.

Focusing on Steel sector on GIM-2010 is a very good vision. Instead of sending our resources abroad we should use them to generate employment within India. Gestation period is long for investments in steel sector. Whatever is foundation laid for investment in GIM-2010 should result in success by say 2025.

People were asking earlier how investment can happen without power. Good thing of GIM-2010 was asking for capital investment on power plants along with investment in steel, cement, etc.

Now people have realized without proper Urban Infrastructure investment can not happen in sectors like IT/BT, etc. So the government has focused on Urban Infrastructure also. As some people posted here without Malls and other entertainment facilities people are not ready to move out to tier 2 & 3 cities. The GIM-2012 has focused on things like theme parks, golcourses, etc. It should had asked for combined investment on IT infrstructure & Malls along with residential township. You know, one will not be a victim of traffic congestion & pollution if residence is close to office and there is entertainment zone close by. What I am talking about is IT township something like 'Internet City' planned by KEL in Mangaluru along with a mall.

One thing I forgot is 'Sports Sector'. The government has forgotten it or what?

Nothing is illegal till the court declares it so. But, there might have been some immoral works as Nitin Gadkari sir has quoted a long back.

It was vision of BSY to hold GIM-2010 after studying what mistakes earlier governments did. Same vision of studying failures of earlier plans & works and improving with further plans has taken us to GIM-2012.

Focusing on Steel sector on GIM-2010 is a very good vision. Instead of sending our resources abroad we should use them to generate employment within India. Gestation period is long for investments in steel sector. Whatever is foundation laid for investment in GIM-2010 should result in success by say 2025.

People were asking earlier how investment can happen without power. Good thing of GIM-2010 was asking for capital investment on power plants along with investment in steel, cement, etc.

Now people have realized without proper Urban Infrastructure investment can not happen in sectors like IT/BT, etc. So the government has focused on Urban Infrastructure also. As some people posted here without Malls and other entertainment facilities people are not ready to move out to tier 2 & 3 cities. The GIM-2012 has focused on things like theme parks, golcourses, etc. It should had asked for combined investment on IT infrstructure & Malls along with residential township. You know, one will not be a victim of traffic congestion & pollution if residence is close to office and there is entertainment zone close by. What I am talking about is IT township something like 'Internet City' planned by KEL in Mangaluru along with a mall.

One thing I forgot is 'Sports Sector'. The government has forgotten it or what?

Narendra Modi was the one who started GIM not BSY or Sada

Could be. He might have been an inspiration. Please read the other parts of my sentence also.

"It was vision of BSY to hold GIM-2010 after studying what mistakes earlier governments did."

You forgot Karwar.

Karwar town is already being raped by Navy in the form of sea bird and what not.Please spare the coast from polluting industries.:nuts:

Mangalore can easily become a good IT destination after bangalore in karnataka,but petrochemical industries :ohno:

Bangalore, June 5, 2012, DHNS:

Germany, Japan lead the pack; eye investments in Karnataka

The second edition of Karnataka’s Global Investor Meet (GIM) 2012, will have business delegations from 30 countries including Japan, Mexico, Bavaria and Italy.

The biggest among the foreign delegation will be from Japan. A 50-member delegation comprising representatives from 23 major and medium industries from the ‘Land of the Rising Sun’ will explore business and investment opportunities in Karnataka at the two-day meet scheduled to be held at Bangalore International Exhibition Centre (BIEC) from June 7.

According to official sources, members of the delegation will look for collaborations with Indian companies in metal casting, foundry, energy, agrochemicals and food processing sectors. The state government, in a “gesture of friendship”, is likely to announce the setting up of a 500-acre township exclusively for Japanese expats at Vemagal in Kolar.

The state government will also explore possibilities of availing the Japanese expertise available in the field of consultancy for execution of high speed railway projects.

Mexico and Bavaria are bringing in business delegation comprising 30 members each. For the first time Italians will make their presence felt at GIM with a business delegation of 10 members.

A consortium of Singapore-based companies have shown interest to establish an integrated township in one of the districts of North Karnataka. The proposals are likely to take a final shape at the investors meet.

As for the Indian presence, the meet will witness the participation of several big players including JSW Group, Aditya Birla Group, Bharat Forge, Tata Steel, L&T among others. In all, the state government plans to ink 300 MoU during the meet. Ahead of the two-day meet, GIM Expo, a trade exhibition, will be inaugurated by Chief Minister D V Sadananda Gowda on Wednesday.

According to the organisers, the expo will provide a platform to leading corporates, Public Sector Units, Micro Small Medium Enterprises. Some of the focus areas include aerospace, defence, automobiles, health, education, energy, agriculture and tourism.

Top bureaucrats, policy-makers, heads of government departments and undertakings too will participate.

DHNS (http://www.deccanherald.com/content/254881/gim-have-players-30-countries.html)

Deepa Balakrishnan, CNN-IBN

Bangalore: Many companies are sounding the alarm on the poor state of infrastructure in Bangalore. This at a time when the IT city is getting ready to host Global Investors Meet 2012. Many are worried that open sewers could further dent India's image in the eyes of the world.

The Global Investors Meet is inappropriate when city has lost its global appeal. Bangalore's angst-ridden corporate citizens like Kiran Mazumdar Shaw have tweeted their ire against the city's poor infrastructure. Ahead of the much-hyped global investors' meeting, corporate heads are worried about local issues spoiling the show.

Kiran Mazumdar Shaw says, "We need to have a method to make sure that we develop infrastructure that is commensurate with the investment that's coming in."

The Global Investors Meet 2012, which begins on Thursday, is expected to draw investment worth Rs 5 lakh crores to Karnataka. The state government is trying hard to project its sunny side up.

Industries minister Murugesh Nirani, says, “Day by day we're improving infrastructure. Not only that, we've brought simplification of procedure also.”

The government is hoping to create ten lakh jobs with GIM 2012 but its past record for implementation is hardly inspiring. The last time GIM was held in 2010, 389 projects were signed. Of which just 40 have taken off until now, just a ten per cent success rate. And the political infighting of the last two years has just made corporates more wary.

Mohandas Pai,

Mohandas Pai, chairman, Manipal Global Education, says “Political climate is not very conducive for development. Lot of political difficulties are there in the state and we've had it for some time. There's groupism in the government.”

Even as a defensive government tries hectic damage control, India Inc's appraisal will perhaps set the tone for GIM's success.

IBNLive (http://ibnlive.in.com/news/blore-local-issues-may-spoil-investors-meet/264548-7.html)

June 6, 2012 By Chandrashekar G

With the second edition of the Global Investors’ Meet (GIM) all ready to roll, the BBMP has set its sights on getting foreign investment for infrastructure in the city. As many as 12 projects have been lined up for the public, private partnership (PPP) module, which could see investors plough in over `1,057 crore into the city. Building of skywalks with escalators at various spots in Bengaluru to help pedestrians cross busy roads and constructing abattoirs are on its list of projects for foreign investment. The civic agency has floated a Registration Of Interest (ROI) for converting municipal solid waste into energy through water based segregation followed by anaerobic digestion at a plant on 19 acres of land in Kannahalli near Magadi Road and has also drawn up a project for converting municipal solid waste into Grade 2 low sulphur diesel (aviation fuel, jet fuel and diesel for automotive use). A green waste/kitchen waste collection and management centre in the city is on the cards too through a joint venture.

The Bengaluru Development Authority has extensive plans as well to ease congestion in the city with the help of foreign investors. On offer for investment are the Peripheral Ring Road (PRR) project, encompassing the outer ring road, the elevated road from Benniganahalli near the Namma Metro’s integrated transport hub to Mekhri Circle and between Vellara Junction and Varthur Kodi, and housing projects at the Arkavathi layout. As far as the PRR is concerned the authority plans to work out the modalities and financial aspects of the project depending on the feedback from the interested company, according to sources. Investors will be encouraged to provide monetary compensation too, they add. The BDA reportedly hopes that housing in the Arkavathi layout with its good transportation network will prove a hit at the GIM.

The BMRC is meawhile inviting investors for phase 2 of Namma Metro, stretching from IIM(B) to Nagawara with 18 stations enroute and R.V. Road to Bommasandra with 16 stations enroute, specifically in the area of systems and operations. Federation of Karnataka Chambers of Commerce and Industry president, J.R. Bangera, feels that while Bengaluru cannot play host to major industries any more for want of land, it can look for growth in research and development, aerospace and biotechnology. “The brain power resource is available in abundance and can be made use of,” he observes.

DC (http://www.deccanchronicle.com/channels/cities/bengaluru/gim-2012-focus-infrastructure-977)

P M Raghunandan, Bangalore, June 5, 2012, DHNS:

Undeterred by past experiences, govt to promote 190 projects worth Rs 2.24 lakh cr

Although the State government has been chanting the Public Private Partnership (PPP) mantra for years, the response from the private sector has been lukewarm.

This has not deterred the government from exploring PPP as an effective option for infrastructure development. According to officials, infrastructure development through the PPP mode is a priority sector for the second edition of the Global Investors Meet (GIM), scheduled for June 7 and 8.

As many as 190 infrastructure projects worth about Rs 2.24 lakh crore across eight sectors – transport, urban infrastructure, tourism, markets, industrial infrastructure, health, energy and education – will be promoted during the event.

A cursory look at the PPP’s project database of the State Infrastructure Development Department - a nodal agency responsible for implementing projects - offers an insight into the project’s status within the State. Some 300 projects dot the database.

But of these, only about a dozen projects have suceeded in finding private investment in the last decade. They include the Bangalore-Mysore Infrastructure Corridor project, the Bengaluru International Airport, four-laning of Bangalore-Mysore highway, minor airports at Shimoga, Gulbarga and Bijapur towns and the development of 10,000 kms of road.

Other ambitious proposals have simply failed to take off, whether it be a high-speed rail project to the Bengaluru International Airport or a monorail network in Bangalore or the Bidadi integrated township, there is a long list of unfulfilled projects which have been waiting years for private investment.

Interestingly, a majority of projects that the government has decided to promote at the GIM have been on the Infrastructure Development Department database for years, stalwarts without financial backing or interest. According to offical sources, the government will invite a Registration of Interest from investors in order attract support.

But the lack of a clear-cut policy and unnecessary political meddling have crippled state projects, according to offical sources. The proposed Bidadi integrated township is a case in point. The mega project was awarded to the Delhi-based company, DLF, in 2006 by the-then JD(S)-BJP government.
A successive BJP government scrapped it upon entering office. Then inexplicably decided to tender it again for investment. During the 2010 GIM, the project was the subject of a Registration of Interest, which produced no takers.

Similarly, the Bangalore-Mysore Infrastructure Corridor, the first mega-infrastructure PPP project in Karnataka, is mired in land-related controversies. The project is incomplete even though it was signed into agreement 16 years ago. Several big-ticket projects like the Proposed Special Economic Zone at Nandagudi in Bangalore rural district, the Peripheral Ring Road around Bangalore have also suffered due to political interference, sources said.

The absence of guidelines and tender documents is also a handicap for the government regarding the implemention of PPP projects. But this may be changing. Sources said that the centre has recently come out with model guidelines.

Hurdles cleared

The government has now scrambled to take initiatives in order to attract private investment in public projects, including passing separate legislation concerning infrastructure.

“The Bill seeks to set up the Karnataka Infrastructure Authority to approve and oversee timely implementation of PPP projects.

The Authority, headed by the Chief Secretary, will have the final say and there will not be scope for making any adhoc changes in the project,” said Rajkumar Khatri, Principal Secretary, Infrastructure Development Department.

In addition, the government has decided to provide viability gap funding above what the central government offers.

According to Khatri, the Karnataka Viability Gap Fund with an initial corpus of Rs 500 crore will be set up for this purpose.

“Moreover, all the projects that the government is offering during the GIM have been identified as ‘feasible’ by professional agencies. Hence, we are expecting a good response from investors,” he said.

Expectations

BCIC looks at the GIM-2012 as a forum where the concerns of the industries are being addressed so that the government can take appropriate actions to make the State more investor-friendly.

Vinod Nowal, president,
Bangalore Chamber of
Industry and Commerce

GIM-2012 will prove a great opportunity for Small and Medium Enterprises (SME) to interact with the big players. SMEs are emerging as the backbone of development and there is a need to strengthen the sector.

J Crasta, president,
Federation of Karnataka Chambers of Commerce and Industry

The event will provide a much needed booster dose for the manufacturing sector. At the same time, the government can simplify the rules for running SME. At present, SMEs are controlled by more than 30 departments.

Prakash Raikar
president, KASSIA

DHNS (http://www.deccanherald.com/content/254870/state-pushes-ppp-infrastructure.html)

Biocon Chief also impressed now after looking at coverage of 'Urban Infrastructure' like Akash?

Yes ofcourse anything for Urban reforms :banana:

GIM advertisemnent on Kannada daily Hosadigantha.

http://hosadigantha.in/mangalore_img/06-06-2012-15.pdf

http://www.freeimagehosting.net/newuploads/pak1w.jpg

They are also planning for two ports in UK - Tadadi & Haldipura.

As there is already fast frieght corridor plan for Bengaluru-Chennai and then may be Bengaluru-Hubli-Pune-Mumbai it will be interesting to know how do they plan to include Karavali ports for frieght movements.

Unfazed by the poor record of implementing the investment proposals that were flagged at the previous Global Investors' Meet (GIM 2010), the Karnataka government is pulling all stops to again woo investors at GIM 2012 June 7-8, with an ambitious target of grabbing a whopping Rs.6 trillion ($133 billion) investments this time.

Setting aside the simmering political crisis in the faction-ridden ruling Bharatiya Janata Party (BJP), which marred governance in the state over the last four years, Chief Minister D.V. Sadananda Gowda is leading from the front to showcase Karnataka as 'one state, many opportunities' for attracting investors from across the country and overseas.

"Though we were able to attract Rs.3.92 lakh crore (Rs.3.92 trillion) worth investment proposals from 389 global and Indian firms, only 31 projects have been implemented so far at a combined cost of Rs.5,700 crore, providing jobs to about 28,000 people," Industries Minister Murgesh Nirani told IANS, ahead of the two-day event at the Bangalore International Exhibition Centre (BIEC) on the city outskirts.

With the steel industry and mining sector mired in scams and legal battles during the last two years, after the Supreme Court banned mining iron ore in the state, investment proposals worth Rs.2.56 trillion (Rs.2.56 lakh crore) from 55 global and Indian firms for setting up steel plants and power projects failed to materialise.

"Of the remaining 300 projects, involving Rs.1.36 trillion (Rs.136,000 crore) investments, 225 projects in diverse sectors are at various stages of implementation. We are doing our best to ensure these projects are executed in the next two years to create jobs and contribute to the socio-economic development of the state," an unfazed Nirani asserted.

Among the 55 global and Indian firms that signed agreements with the state government in June 3-4, 2010, amid fanfare, were the world's largest steel maker Arcelor Mittal, Posco of Korea, Surya Vijayanagar Steel Ltd, Bhushan Steel Ltd and Brahamani Industries Karnataka Ltd of the jailed former state minister G. Janardhana Reddy.

"In view of the lessons we have learnt from GIM 1.0 version and problems we have faced since then, we have omitted steel and mining sectors from GIM 2.0 version for investments. Instead, we are focusing on sectors spanning knowledge-based industries, manufacturing, services, agriculture and infrastructure especially power, roads, ports and airports," Nirani pointed out.

Unlike in GIM 2010, when the focus was on the muddled steel and mining sectors at the cost of other sectors, the state industry department (Udyog Mitra) has identified 14 sectors, including ICT, electronics, aerospace and defence, automobiles, textiles, pharma and health, power, agro-tech and food processing and tourism and hospitality for GIM 2012, with an employment potential for about one million people.

"We have recently approved about 30 projects worth Rs.1.47 trillion (Rs.1.47 lakh crore) investments that will create jobs for about 300,000 people in sectors spanning cement, energy, aerospace, IT, electronics and urban infrastructure. Besides existing investors such as Tatas, Birlas, JSW group, GVK Reddy group, Toyota Kirloskar and Ascendas, about 80 Fortune 500 firms, including Reliance group have evinced interest in investing in the state in growth-oriented sectors," Nirani claimed.

In the run-up to the mega event, the state government conducted road shows in Mumbai, New Delhi, Kolkata, Chennai and Hyderabad and in Dubai, Singapore and Japan to flag the state and its investor-friendly policies with special packages to be doled out case-by-case for attracting investments in specific industries with huge scope for job creation and exports.

"We have an eco-system that is conducive for industry and businesses. As a premier investment destination for knowledge-based industries, the state has emerged as a hub for IT, BT(biotech), electronics hardware, aerospace, solar energy and nanotechnology," Chief Minister D.V. Sadananda Gowda said in a personal letter to leading investors across the country and overseas.

As part of the event, the state government is also holding a three-day 'GIM Expo' at the BIEC venue from Wednesday to showcase its strengths, infrastructure facilities, pro-active industrial policies,incentives, human capital, land bank and natural resources.
http://www.newstrackindia.com/newsdetails/2012/06/06/78--Once-bitten-Karnataka-not-shy-to-woo-investors-again-.html

Jaideep Shenoy, TNN | Jun 6, 2012, 06.17PM IST

MANGALORE: With a little over 24-hours left for start of Global Investors Meet (GIM) 2012, the state government has sanctioned special incentive package for phase III expansion and upgradation project of Mangalore Refinery and Petrochemicals Ltd (MRPL). Chief Minister DV Sadananda Gowda had hinted at the sops in an interview given to TOI during his recent visit to the city, which was duly reported in these columns on Wednesday

The sops extended to MPRL include exemption from payment of entry tax on plant and machinery and capital goods during the initial period of four years from the date of commencement of project implementation. MRPL has also been exempted from payment of entry tax on the crude oil required for third phase over and above the refining capacity of first and second phase for 15 years from the start of commercial production of third phase.

MRPL will get central sales tax (CST) exemption for 15 years from date of commencement of commercial production of third phase for all interstate sales made out of phase III throughput, P S Ravindran, group general manager (finance), MRPL said. The state government had given similar sops to MRPL, a subsidiary of Oil and Natural Gas Corporation Ltd for the first and second phases of the project, some of which will end in the near foreseeable future.

MRPL will also get interest free soft loan at the rate of 100% of the eligible gross value added tax (VAT) during the first three years and thereafter at 60% of eligible gross VAT, on sale of poly propylene, petroleum coke, low sulphur heavy stock, naphtha, LPG (incremental production), mixed Xylenes and reformate to non-SEZ units for 15 years to be repaid in 15 years equal annual installments thereafter, limited to Rs. 500 crore per annum.

TOI (http://timesofindia.indiatimes.com/city/mangalore/State-government-notifies-sops-for-MRPL-ahead-of-Global-Investors-Meet/articleshow/13868719.cms)

The concessions so far given to industries like MRPL, Honda, etc which may result in more pollution. Isn't it? How much concession is given to green industries, food processing , etc? May be to electrical car manufacturers like Reva?

Karnataka not shy to woo investors again (http://zeenews.india.com/news/karnataka/karnataka-not-shy-to-woo-investors-again_780071.html)

The concessions so far given to industries like MRPL, Honda, etc which may result in more pollution. Isn't it? How much concession is given to green industries, food processing , etc? May be to electrical car manufacturers like Reva?

Karnataka not shy to woo investors again (http://zeenews.india.com/news/karnataka/karnataka-not-shy-to-woo-investors-again_780071.html)

MRPL gets special incentive for phase-3 expansion

BS Reporter / Chennai/ Bangalore Jun 07, 2012, 00:26 IST
The Karnataka government has sanctioned a special incentive package to Mangalore Refinery and Petrochemicals Limited (MRPL), an ONGC company, for the Phase-3 expansion and upgrade. The package includes exemption from payment of entry tax on plant and machinery and capital goods during the initial period of four years from the date of commencement of project implementation.

MRPL recently completed its third phase expansion at its refinery in Surathkal near Mangalore, involving an investment of Rs 15,000 crore and commissioned the operations. With this expansion, the combined refining capacity of MRPL has touched 15 million tonnes per annum. In the third phase, the company has increased its capacity by 3 MMTPA.

The company has inve-sted close to Rs 10,000 crore for the first two phases of expansion. In the first phase, the company installed 3 MTPA capacity and increa-sed it to 12 MTPA in the second phase.
However, its poly propylene unit is still under construction and is likely to be commissioned next year, a company official said.

The state government has also exempt MRPL from paying entry tax on the crude oil required for third phase over and above the refining capacity of first and second phase for 15 years from the start of the comm-ercial production of third phase. It has provided exe-mption on CST for 15 years from the date of commencement of commercial production of third phase for all interstate sales made from the phase-3 throughput, the company said.

The government has also extended interest-free soft loan at the rate of 100 per cent of the eligible gross VAT during the first three years and thereafter at 60 per cent of the eligible gross VAT, on the sale of poly propylene, petroleum coke, LSHS, naphtha, LPG (incremental production), Mixed xylenes and ref-ormate to non-SEZ units for 15 years to be repaid in 15 years equal annual inst-allments thereafter, limited to Rs 500 crore per annum. The state government had exte-nded special incentive to the company for the first two phases also.

MRPL also plans to expand the capacity and is likely to sign a memorandum of understanding with the Karnataka government during the Global Investors’ Meet in Bangalore on Thursday, U K Basu, Managing Director, MRPL said.

http://www.thehindubusinessline.com/industry-and-economy/economy/article3497453.ece


Further expansion? Krishnamoorthy Mangalore sez 2 was truly eco friendly which that mutt failed to realise.Now 80% of farmers who are ready to part land will give it to chemical plants,causing more concern to the environment.

have a look at this article below,it is not a part of GIM,but still concerns Mangalore

ONGC in talks with Mitsui for LNG terminal at Mangalore


ONGC planning LNG terminal at Mangalore
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) is in talks with Mitsui Group of Japan for setting up a liquefied natural gas (LNG) import terminal at Mangalore as part of its diversification plans.

ONGC had in 2005 proposed to build a 5 million tonne a year LNG import and regassification terminal adjacent to its subsidiary Mangalore Refinery in Karnataka.

http://post.jagran.com/ongc-in-talks-with-mitsui-for-lng-terminal-at-mangalore-1338989774

Karnataka hopes to attract 20% of GIM investments from MSMEs

BANGALORE, JUNE 6:
Karnataka hopes to attract 20 per cent of investment envisaged from the Global Investors' Meet 2012 from the MSME (micro small and medium enterprises) sector.

Speaking on the sidelines of GIM 2012, the Minister for Large and Medium Industries, Mr Murugesh R. Nirani, said the government hopes to attract investments to the tune of Rs 6 lakh crore. “Of this, we expect 60 per cent to be realised over the next five years,” he added.

SECTORAL EXPECTATIONS

The Minister said investment would come from sectors such as power, infrastructure, information technology and biotechnology, and aerospace.

“We also expect 11-12 sugar factories to come up in the Mysore-Mandya region,” said Mr Nirani. He said at least 20 per cent of investments will come from the small and medium enterprises.

Mr M.N. Vidya Shankar, principal secretary, Industries and commerce department, told reporters that about 8,000 units have expressed interest in investing in the State and few existing units are going in for expansion.

This edition of GIM has got investments covering 13 sectors. But major ones are for setting up new units related to plastics, packaging, machine tools, medical equipment, precession engineering, aerospace and few in pharmaceuticals,” he added.

REGIONAL BREAK-UP

Of the investment flow across the State, Bangalore has got commitments of Rs 5,000 crore, Mysore received the highest of around Rs 12,000 crore, Hubli-Dharwar Rs 4,000 crore, Dakshina Kannada (Mangalore region) Rs 1,000 crore and Belgaum Rs 2,000 crore.

This year the State government's initiative of engaging district chambers of commerce has paid dividends. The department used the services of Kassia, BCIC, CII, FKCCI in Bangalore and Mysore Chamber of commerce and Industry, Karnatak Chamber of Commerce and Industry, Belgaum Chamber of commerce and Industry, Kanara Chamber of commerce and North Karnataka small scale industries Association for organising the GIM as well as getting investments.

Mr M Maheswar Rao, commissioner Industries and commerce department said “During our interactions with MSME sector in the state, many units had issues related to Karnataka Industries area development Board and Karnataka small scale industries Development Corporation.”

“Through this exercise, we were able to address some of their long standing demands, encouraged them to invest. This facilitated our transaction cost of reaching them come down,” he added.

GIM EXPO

Speaking after inaugurating GIM 2012 Expo, Karnataka chief minister, Mr D V Sadananda Gowda said “After partial success of GIM 2010, we are hosting the event in much bigger scale. This year investment avenues in plethora of avenues have been offered for investors.”

This year's GIM Expo is spread over 20,000 square meters and has more than 600 exhibitors representing private sector, PSUs, large and MSME companies.

Some of the key participants at the GIM are JSW group, Honda Motorcycles, Grasim Industries, Ultratech Cements, Suzlon, GAIL, Zuari Cements, Shahi Exports, SBI, Tata Motors, Allahabad Bank, IOB, Toyota Motors, L&T, Mangalore Refinery and Petro Chemicals Ltd, IOC, Mangalore SEZ, IDBI in addition to research and development organisations.

http://www.thehindubusinessline.com/industry-and-economy/economy/article3497453.ece

Small is good,small industries require less resources like land and power while employment opportunities are more.keep it up,nice to see Mysore topping in SMSE investments.
Nice to hear sugar factories,which is an agro based industry.

^^
Agreed. MRPL itself may not be polluting the environment much. Comparatively its products are more environmentally friendly as they follow euro norms for most of their products. But, the fossil fuel generated by it is not environmental friendly. And also note that MRPL itself consumes a lot of fossil fuel to produce oil.

^^
Agreed. MRPL itself may not be polluting the environment much. Comparatively its products are more environmentally friendly as they follow euro norms for most of their products. But, the fossil fuel generated by it is not environmental friendly. And also note that MRPL itself consumes a lot of fossil fuel to produce oil.

I remember you posted a list of companies setting up downstream factories in MSEZ,most of them looked harsh chemical producers.:ohno:

BASF has a R&D cum production plant.Why cannot Mangalore emerge as a R&D hub of chemical engg stuff?

Also,Mangalore is slowly emerging as an OD Machine manufacturing hub and suzlon turbine,high precision sez presence has invited more companies to set up plants.Need to promote manufacturing plants around mangalore which are eco friendly and demand less water thereby reducing chances of water pollution.

Mangalore has one ship building yard by bharati shipyard right?more investments in shipyard needed.

Mangalore will become the industrial hub of the state once msez starts operating and will become a major city in South India if all goes well

MRPL is using lot of water from Netravati river now. MSEZ is going to use more. (Of course they are also going to use treated water of city. They have put some water consumption estimation for OMPL & downstream industries, but not sure how much water recently proposed LNG based power unit will consume. I don't know whether going for desalination of sea water. If the government force the new industries to use desalinated water from sea only then I don't have much problem from water front.) Already Mangaluru felt drinking water shortage just last month. There is also talk of Netravati diversion to feed Chitardurga, Tumakuru, Kolara, Bengaluru Rural, etc. Although they claim it is for drinking and irrigation purpose of rural areas of these districts I doubt that water will be mainly used to feed planned R&D units of Chiradurga and Bengaluru Aerospace/ITIR, etc. Chitradurga is fine. But, who knows diverted water may be fully utilized by five star facilities of AerospacePark/ITIR. The government has promised that only excess water will be taken during summer and water draining out of the hills during rest of period (i.e., winter & summer) will be completely reserved for Mangaluru. But, who knows powerful lobby of Aerospace/ITIR may deny Mangaluru water during summer also. Looking at all these possibilities it is better not to have any more water guzzling industries in Mangaluru. If all these kind of industrialization happens in anyway then Mangalurians have to seriously think of water preservation techniques like lakes, ground recharging, rain water harvesting, etc. (I don't know how much water will be left in Netravati after diverting from all tributaries in Sakaleshpura, Belthangady, Puttur, etc.)

http://www.freeimagehosting.net/newuploads/6serq.jpg
Look at the dams from which they are drawing water up stream to Tumbe dam (which feeds water to city including Ullala & Mulki). Of course, there is some mitigation of water problem if enough water is made available from Lakya dam in Kudremukha and possibility of Mulki getting water from new dams of Shambhavi or Nandini rivers.

Mangalore will become the industrial hub of the state once msez starts operating and will become a major city in South India if all goes well

True,have to agree on that. With good SEZs around. Infosys SEZ, IT SEZ, MSEZ, SUZLON SEZ....and lot of industries in diverse sectors like food,ships,power,banking,health,education etc....

Need automobiles and textiles in Mangalore.

With shiradi ghat being taken seriously this GIM,the connectivity to Mangalore from Bangalore will get a big boost.Propelling New mangalore port activities.We need to use our own state ports.

Mangalore's infra is improving pretty nicely

http://img850.imageshack.us/img850/6896/p408dd181.jpg

Biggest Advantage an international airport of hi class.

http://farm8.staticflickr.com/7261/7120617819_b6f16989c3_b.jpg

Mangalore International Airport by Anil Kumar Yerrapragada, on Flickr

If all these kind of industrialization happens in anyway then Mangalurians have to seriously think of water preservation techniques like lakes, ground recharging, rain water harvesting, etc. (I don't know how much water will be left in Netravati after diverting from all tributaries in Sakaleshpura, Belthangady, Puttur, etc.)


Krishnamoorthy Mangalore can go the chennai way,desalination. :)

Yes. There is some desalination project proposals for GIM (read AdvantageKarnataka). Not sure where they are planned. Who is going to bear the cost of construction & operation - common Mangalurians or industrialists.

Need automobiles and textiles in Mangalore.

There is huge scope for Textile as MSEZ has already got a proposal for a downstream PTA plant.

In automobiles sector I don't mind buses, trucks, earth moving equipments.

I remember you posted a list of companies setting up downstream factories in MSEZ,most of them looked harsh chemical producers.:ohno:

BASF has a R&D cum production plant.Why cannot Mangalore emerge as a R&D hub of chemical engg stuff?

Also,Mangalore is slowly emerging as an OD Machine manufacturing hub and suzlon turbine,high precision sez presence has invited more companies to set up plants.Need to promote manufacturing plants around mangalore which are eco friendly and demand less water thereby reducing chances of water pollution.

Mangalore has one ship building yard by bharati shipyard right?more investments in shipyard needed.

But Bangalore is already emerging as hub of R&D. Two cities should not compete for the same thing in the same State. Instead, we can think of:
1. Hubli/Dharwad-manufacturing
2. Belgaum+Mandya-sugar-food processing
3. Mangalore-tourism+higher education (a mega amusement park like Disney?)
4. Mysore-tourism
5. Bangalore-IT+R&D+advertising/media communications

The thing is that industries attracted through tax concessions tend to migrate once tax concession period runs out. Also, all states are giving tax concessions. How does Karnataka stand out given the competition from other states? I feel, if infrastructure is good investments will automatically flow in. Infrastructure in the State has to be superior-to a significant degree-than other states. Then investment will flow in-and stay. In that sense, how does roads/rail/water/electricity/ports in KA compare to neighbouring states? Let us put a higher bar, how does it compare to provinces in China?

But Bangalore is already emerging as hub of R&D. Two cities should not compete for the same thing in the same State.

I am talking about Chemical R&D cluster,BASF is a world leader which has a state of art R&D lab in Mangalore.I want more chemical/petro based R&D labs in Mangalore.A central institute for petroleum might have done the trick.

Atleast our NIT K should be able to pull up a petroleum course,like the dehradun petroleum school.

Mangalore has the advantage of port,take this during mining boom iron ore was shipped out from places like ennore and chennai port,owing to lack of good connectivity to this western ghat city.Now with Port connectivity program by the NHAI,it has helped improve connectivity with hinterland.New mangalore port emerged as the biggest LPG import handler in the country.NMPT looks for more greater strides in the years to come.


Then investment will flow in-and stay. In that sense, how does roads/rail/water/electricity/ports in KA compare to neighbouring states? Let us put a higher bar, how does it compare to provinces in China?

Neighbouring states like TN,MH are way ahead of KA in those sectors,KA finally has realized infra is the main ingredient for development.Hope this GIM materialises this time around.

OK guys. Let us stop Mangaluru now. Talk about most backward 'Kalyana Karnataka' region which badly need some developments.

OK guys. Let us stop Mangaluru now. Talk about most backward 'Kalyana Karnataka' region which badly need some developments.

With mining ban in place and steel cos like arcellor,POSCO struggling for land.Which has become a Pan india issue.I am not surprised at the slow progressing steel sector in KA.However,GOK managed to save its face by acquring land for the GIM 1 main guest Arcellor mittal,But mining ban has put arcellor plans on the backfoot.

Karnataka cement corridor which is emerging in the north east part of the state,that is where backward regions of three states concentrate.Telanaga,Vidharbha and hyderbad-karnatak region.

All I can say is,cement corridor looks promising with projects taking off well,More here

http://www.skyscrapercity.com/showthread.php?t=1039535&page=3

krishnamoorthy, you also posted an article on the decreasing migration of gulbarga workers due to employment opportunities in North east KA region these days.

With airport in gulabarga nearly completed and flights from RAHI group to Bangalore must help this city do what Nagpur did to Vidharbha :).Lots of cement industries these days in gulbarga region.Malls and multiplexes have sprung up.Central karnataka university is coming up ion gulbarga.Have a look here

http://www.skyscrapercity.com/showthread.php?t=1217131&page=21

Man,only if rain gods or nature was not harsh these three backward regions of KA,MH and AP would never have been backward. :cheers:

Bidare
Agro & Food Processing, IT & BT, Textile & Garments, Distillerties, Bidri Works, Reclaimed Rubber, Fullers Earth

Gulbarga
Cement, Agro & Food Processing, Solar / Thermal Power Plant, Textile, Chemical Industry, Dairy Products

Yadgiri
Agro & Food Based, Energy, Textile and RHG Industry, Pharmaceutical

Bijapura
Solar Energy, Food Processing, IT & BT, Readymade Garments, Integral Steel Plant

Bagalakote
Cement, Agriculture & Food Processing, Silk & Handloom, Sugar Based Industries

Raichuru
Power, Agriculture & Food Processing, Mining, Engineering & Construction

Koppala
Iron & Steel manufacturing, Biotechnology, Power, Agro Processing

Bellary
Food Processing, Automobile & Auto Ancillaries, Textile, Mining, Electronics & Engineering, Handicrafts.

Note that except for Bijapura there is no talk of steel for other districts.

Sadly there is no MSME investment in the region.

Of the investment flow across the State, Bangalore has got commitments of Rs 5,000 crore, Mysore received the highest of around Rs 12,000 crore, Hubli-Dharwar Rs 4,000 crore, Dakshina Kannada (Mangalore region) Rs 1,000 crore and Belgaum Rs 2,000 crore.


Wonder which sector will generate much needed employment?

Wonder which sector will generate much needed employment?

Infrastructure and Agriculture/food processing.


There is huge scope for Textile as MSEZ has already got a proposal for a downstream PTA plant.

In automobiles sector I don't mind buses, trucks, earth moving equipments.
I guess textile industries need some petro end products as ingredients in textile produces.

Well according to me, Govt is serious about petro chem industry in Mangalore.. And one cannot undermine its usage is today's market..
But sad part is govt should have blueprint for Mangalore future with so much of hazardous industry like.
1. Water demand and supply source for them== They should think of desalination of sea water in large scale for Industry demand.
2. The disposal of processed water as well I have seen how MCF discharges ammonia, DAP and sulfur mixed water directly to Palguni river..
3. Maintenance of greenery around the industries and use of best technology concerning about environment

Well according to me, Govt is serious about petro chem industry in Mangalore.. And one cannot undermine its usage is today's market..
But sad part is govt should have blueprint for Mangalore future with so much of hazardous industry like.
1. Water demand and supply source for them== They should think of desalination of sea water in large scale for Industry demand.
2. The disposal of processed water as well I have seen how MCF discharges ammonia, DAP and sulfur mixed water directly to Palguni river..
3. Maintenance of greenery around the industries and use of best technology concerning about environment

I think of all, that Mallya's MCF is the biggest polluter,you will always see fumes coming out from the chimney.What about KIOCL pellet plant?

Infrastructure and Agriculture/food processing.

Definitely. And also Textile & garments.

On IT/BT I am not sure how much advantage Bidar has got being so close to Hyderabad. They have a proposal for Biotech Park there. Also there was a proposal for an aircraft manufacturing unit.


I guess textile industries need some petro end products as ingredients in textile produces.
Yes for manufacturing of artifical/synthetic fibers (http://en.wikipedia.org/wiki/Synthetic_fiber) like nylon, polyester, acrylic and polyolefin, etc.

Personally I feel there is a need for boost of Automobile sector either in Mangalore or Udupi(Padubidr SEZ around) One can never catch wit Chennai if we have manufacturing or Assembly units in Hubli/Kolar/Bangalore..
Thats because of shipment of raw materials from ports.. If not raw materials we need port to export the final product. And Chennai has largescale export based Automobile industry.

And offsoz we need anclillary Industry.. One can have them in Karnad, Proposed Bantwal or some Udupi industrial estates

I think of all, that Mallya's MCF is the biggest polluter,you will always see fumes coming out from the chimney.What about KIOCL pellet plant?

MCF have central power plant(CPP) where they generate power from furnace oil.. ANd the fumes coming out from there are majorly Ammonia vapors from prilling tower.. Even KIOCL has CPP, I gued they release more smoke than MCF.. No idea about water pollution

Personally I feel there is a need for boost of Automobile sector either in Mangalore or Udupi(Padubidr SEZ around) One can never catch wit Chennai if we have manufacturing or Assembly units in Hubli/Kolar/Bangalore..

Chennai is a class apart in auto sector yes port + huge tracts of waste lane around has proved a big plus for chennai and ofcourse the proactive govt,I guess it already is number one in asia n auto sector.So forget catching up with chennai.
mangalore does have a port,but no wastelands.

On the contrary today's news from Hubli and Kolar.:)I feel Hubli has got good connectivity to Madgaon port so produce from hubli will be shipped out from Madgaon port.


Tata Motors operationalises Karnataka plant

Dharwad: Automobile major Tata Motors said Wednesday that its new unit in Dharwad, Karnataka, has started operations and would manufacture commercial vehicle models like the Ace Zip and Magic Iris.



Badve Engg to set up 2 plants to make auto spares

BANGALORE, JUNE 6:
Auto parts maker Badve Engineering Ltd will set up two plants in Karnataka to supply components for Honda and Tata Motors.

In Kolar, the company is close to completing its plant that will manufacture parts like mufflers for Honda Motors. Similarly in Dharwad, the company will set up a plant l to cater to Tata Motors.


i feel Hubli-Dharwad and Kolar can be kept aside for auto sector.Hubli's location on NH4 works to its advantage.Kolar ofcourse proximity to Bangalore and Chennai.

let Mangalore be for untapped tourism sector,textiles,heavy/precision engg.

yes I know Chennai is Uno number One in Auto.. But we should be trying to attract industry with same USP.. Nice that Hubli catching up.. and I aree Mangalore dont have waste land

Bangalore, June 6, 2012, DHNS:

GIM 2012 starts today, State expects commitments worth Rs six lakh cr

The second edition of Global Investors Meet (GIM) is all set to take off at the Bangalore International Exhibition Centre (BIEC) in Bangalore on Thursday.

However, the excitement and big names that had become the hallmark of the first edition of the investors’ jumboree in 2010 is missing. Nonetheless, the State government, which is trying to showcase Karnataka as a favourable investment haven, expects commitments to the tune of Rs six lakh crore.

The State government is hoping to sign 300 memoranda of understanding (MoUs) during the two-day meet. Delegates from 30 countries, including Japan, Mexico and Italy, will be present.

Learning from the experience of the past years, the government has decided not to roll out the red carpet for promoters of any new iron and steel projects.

None of the projects proposed by steel giants at the GIM 2010, which amounted to around 70 per cent of the total investments that year, have been implemented to this day.

The government has identified 14 key sectors, including aerospace, precision engineering, tourism and infrastructure, for investments.

The meet will be inaugurated jointly by three Union Ministers -M Veerappa Moily (corporate affairs), Subodh Kant Sahai (Tourism) and Veerabhadra Singh (Micro, Small, Medium Enterprises). Infosys founder and chief mentor N R Narayana Murthy will deliver a special address.

Chief Minister D V Sadananda Gowda will preside over the inaugural.

The chief guests who will be present at the inaugural include JSW Group chairman Sajjan Jindal, Aditya Birla Group CMD Kumar Mangalam Birla, Bharat Forge CMD B N Kalyani, GVK Group’s G V K Reddy and Larsen and Toubro CEO and MD K Venkataramanan. There will also be thematic conferences on “Doing business in Karnataka,” and “Partner country sessions.”

The government has announced that it would extend special package of incentives and concessions for projects worth Rs 250 crore and above coming up outside Bangalore. The special package would be over and above those already announced under the State Industrial Policy. The package will be offered on a case-to-case basis, depending on the sector and the amount of investment proposed.

The total footfall is expected to be between 5,000 and 8,000 per day. The government has arranged for escort officers for around 150 top delegates/investors.

These delegates will be given green or yellow badges, while red and blue badges will be given to smaller investors and MSME representatives. The distinction will help in seating and eating arrangements.

Bus service

To facilitate investors and public to participate in GIM, shuttle bus services will be provided from Majestic Bus Stand (KBS) to Bangalore International Exhibition Centre (BIEC), the venue, every 15 minutes from 8 am to 4 pm on June 7 and 8. Bus services will also be provided from Jayanagar 4th block bus stand and Indiranagar BDA Complex to BIEC-every 20 minutes from 8 am onwards, up to 4 pm.

On Day One

Inauguration: 10 am to 1 pm
Convention on “Doing business in Karnataka” and international success stories: 2 pm to 3 pm
Sector sessions: Transport Infrastructure, Biotech and Pharmaceuticals, Engineering and Automobile, Chemical, Petrochemicals and Plastics: 3:15 to 5 pm


DHNS (http://www.deccanherald.com/content/255135/red-carpet-ready-global-investors.html)

Undeterred, state rolls out red carpet to corporate world again (http://www.business-standard.com/india/news/undeterred-state-rolls-out-red-carpet-to-corporate-world-again/476508/)

Bengaluru will continue to be a growth story in the IT sector, and the Global Investors Meet 2012 will see one of the biggest investments in the IT sector, expected to be in the region of `10,000-crore, M.N. Vidyashankar, Commerce and Industries Department, Principal Secretary told Deccan Chronicle.
“IT is going to grow in Bengaluru and the proof of this is one of the biggest investments, in Asia will be made in the GIM 2012. One single company, one of the biggest in the world, will invest Rs 10,000 crore in a project,” he said.

Top Indian IT companies like Infosys, TCS and Wipro, and ‘big tickets’ companies like Ascendas will be participating in the global meet. Karnataka is considered the computer capital of the country and a centre of high-tech industries, especially software. Bengaluru is popularly known as India's Silicon Valley, and most large software companies have set up shop here, operating out of state-of-the-art facilities.

India's IT industry, with Bengaluru firms forming the largest component, is now worth an annual $100 billion and growing at 14 per cent a year. However, policy stagnation and political instability may be taking their toll. With Infosys setting up campuses in Pune and Chandigarh, and BT major Biocon setting up a manufacturing unit in Visakhapathnam, there is speculation that companies may be moving out of the state.

“Yes, there have been cases of companies opening shop in other states. However, that has been purely because of logistical reasons and in no way will affect the growth story of Bengaluru,” Mr Vidyashankar says. IT exports this year have touched Rs 1.35 crore, and in GIM 2012, IT companies with an investment potential of about Rs 82,000 crore will be participating. “There is huge potential available in Bengaluru for the growth of IT companies. The existing MNCs will grow provided political conditions are favourable. This year, IT growth is expected to be around 10 to 12 per cent. Even the global investments have been higher than the GDP,” said Infosys co-chairman Kris Gopalakrishnan.

DC (http://www.deccanchronicle.com/channels/cities/bengaluru/city%E2%80%99s-it-sector-still-hungry-mega-investments-288)

http://lite.epaper.timesofindia.com/Repository/TOIBG/2012/06/07/11/Img/Ad0110108.png

http://lite.epaper.timesofindia.com/Repository/TOIBG/2012/06/07/13/Img/Ad0130404.png

http://lite.epaper.timesofindia.com/RepositoryET/ETBG/2012/06/07/13/Img/Ad0130138.png

http://www.deccanchronicle.com/sites/default/files/imagecache/article_horizontal/article-images/7sada-gim.jpg.crop_display.jpg
Chief Minister D. V. Sadananda Gowda, Industries minister Murugesh R. Nirani, Small Scale Industry minister Rajugouda Narasimha Naik in the battery-operated three-wheeler that ferried them from one hall to the other at the Bangalore International Exhibition Centre a day ahead of the 3rd Global Investors’ Meet
Chief Minister D.V. Sadananda Gowda on Wednesday struck an optimistic note when he said that the state government was confident of attracting large investments in energy and infrastructure sectors as his government prepared to woo investors at the two-day Global Investors Meet (GIM-2012) which begins on Thursday. The target? Investment of Rs 6 lakh crore.

Speaking at the inaugural ceremony of the GIM- 2012 expo here, the CM said, “Karnataka sees the third highest FDI in the country. Our entire focus is on attracting more investments in energy and infrastructure sector as these sectors act as a catalyst to boost the economy”. Large and medium industries minister Murugesh R. Nirani added that the state was expected to attract nearly Rs 1.5 lakh crore by foreign investors from 30 countries, and focusing on promoting Micro, Small and Medium Enterprises (MSME) sector in a big way with as many as 300 companies participating in GIM-2012.

80 big companies set to change state’s fortunes
The second edition of the Global Investors Meet is all set for a grand opening with over 80 Fortune-500 companies expressing interest in investing in Karnataka. Some 10,000 delegates from 30 countries including Japan, Mexico, Bavaria and Italy, are expected to attend. The state government that has envisaged an investment of Rs 6 lakh crore from the GIM 2012 has promised to bring in sector-wise policy initiatives to woo investors.

In power, engineering, petrochemical and industrial infrastructure sectors the major investments are expected to some from the JSW Group, Aditya Birla Group, Bharat Forge, Tata Steel, ONGC, Larsen and Toubro, Welspun Group, Suzlon Energy and GE India. In housing and urban development, real estate giants such as the Brigade Group and Summit Group are expected to participate. Major automobile vendors are expected to participate.

The projects that will be signed during this GIM include a high-speed train network project with Japan. Besides that, plans are also underway for setting up the Bangalore Aerospace Park (named Project Vayu) with a complete ecosystem for aerospace industries. The project will be undertaken by Sun Forest City, a joint venture between an industrial group in India and a major real estate enterprise in the United States.

GIM 2012 will also have special focus on small and medium scale industries, and the government has announced a special package and incentives for companies investing over Rs 250 crore in tier-II and tier-III cities. GIM 2012 will be held at the Bangalore International Exhibition Centre and will conclude on June 8
http://www.deccanchronicle.com/channels/cities/bengaluru/gim-big-dollar-dreams-311

The best thing that has already happened bcos of GIM for me is that the stretch from Metro cash and carry to Taj vivanta on tumkur road is neatly tarred after yearsss...Use it frequently :-) ..kudos to Sadananda..ee reason alli aadru tar aiythu an important road..

Toyota Kirloskar Motors will make its foray into the healthcare space with its first hospital in Karnataka. The first hospital is expected to start in May next year, in partnership with a Japanese company, Mr Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor said at the Global Investors Meet 2012 today.

Meanwhile, Kirloskar will continue its investment in the auto and auto component sectors. The company expects to roll out about 3,00,000 cars next year, Mr Kirloskar said.

The company is interested in Karnataka as "policies have been consistent here, despite change of leadership parties," Mr Kirloskar said, adding that incentives that were agreed upon when the first investment was made continues, and the incentives have neither been changed nor withdrawn.
http://www.thehindubusinessline.com/companies/article3500364.ece

The Aditya Birla Group will invest Rs 2,000 cr in a 4 million tonne cement plant at Malkhed (in Gulbarga district), said the group's Chairman, Mr Kumar Mangalam Birla, at the Global Investors Meet in Bangalore on Thursday.

The Group also plans to expand its aluminium plant in Belgaum from 2,000 tonnes to 3,000 tonnes at Rs 700 crore.

http://www.thehindubusinessline.com/companies/article3500279.ece

GE will invest about Rs 300 crore to accelerate its businesses in Karnataka. The company, which is present in the energy, healthcare, lighting and transportation businesses currently, has a Rs 1000 crore R&D facility in the state.

The company has been present in India since the early 1900s and has over 5000 engineers and scientists in the centre, Mr John Flannery, CEO & President of GE India said at the Global Investors Meet 2012. "The employees are not here as cost arbitrage but are high value employees who have generated over 1500 patents," Mr Flannery said.
http://www.thehindubusinessline.com/companies/article3500390.ece?ref=wl_opinion

The creation of sustainable employment is the need of the day, said Mr N. R. Narayana Murthy, Chairman Emeritus of Infosys, at the Global Investors’ Meet 2012 today.

Currently, about 40 million people are unemployed. The problem needs immediate attention and should be addressed with the view to encourage growth and develop a sustainable economy, he added.

“To increase share of GDP, we need to create 10 crore (100 million) jobs in the next decade. For job creation, three areas need to be given attention — investment, exports, in addition to domestic consumption will encourage a diversified industrial base.

In a country where unemployment is a major problem, employment generation by encouraging investments is important.

Mr Murthy said in order to address the 40 million unemployed youth, about 10 crore jobs need to be created in the next decade, especially in the light of a slowdown in the economy.

Pointing out that growth in the State has moved beyond IT and Bangalore, he said Tier-2 and Tier-3 cities will play a major role in encouraging investment. Infrastructure, however, needs to be enhanced in the State, Mr Murthy said.

The second edition of Karnataka’s Global Investors’ Meet has drawn a good response from India Inc.

The State has attracted 80 companies from Japan, Mexico, Bavaria (Germany), Rawanda, the UK, and a few top companies from the US.

Prominent among the attendees include Mr Kumaramangalam Birla, CMD, Aditya Birla Group; Mr N. R. Narayana Murthy, former CEO and co-founder, Infosys; Mr Sajjan Jindal, Chairman, JSW Group; Mr B. N. Kalyani, CMD, Bharat Forge; and Mr B. Muthuraman, Vice-Chairman, Tata Steel.
http://www.thehindubusinessline.com/industry-and-economy/government-and-policy/article3500221.ece

ublished: Thursday, Jun 7, 2012, 10:54 IST
By DNA Correspondent | Place: Bangalore | Agency: DNA

State-run companies, corporations and boards downplayed the role of private companies at the Global Investors’ Meet expo on Wednesday.

Karnataka Power Transmission Corporation Ltd, Karnataka State Tourism Development Corporation, Jungle Lodges and Resorts Ltd, Karnataka State Road Transport Corporation, Keonics, Karnataka Industrial Areas Development Board and other state-owned organisations exhibited their might at the expo.

Besides Karnataka, representatives of other states ruled by the BJP and its allies, such as Chhattisgarh, Gujarat and Bihar, made their presence felt at the expo. An official of the Chhattisgarh government said they were seeking investment in the sector of IT&BT, tourism and infrastructure. The official said the Chhattisgarh government was not keen on investment in the mining and power sectors.

Many nationalised and private banks too have set up their stalls. Only a few companies related to the automobile industry took part in the expo. Many construction companies based out of Bangalore were also present on day one.

That was not all. Even representatives from Rwanda and Mexico had set up stalls, promoting tourism and spreading word about opportunities for investment in their country. Officials of the Rwanda Development Board were seen briefing visitors about popular holiday destinations in the country. The Mexican Trade Commission has put up a stall exhibiting opportunities for investors in the field of aerospace, automotive industry, IT and other sectors.

DNA (http://www.dnaindia.com/bangalore/report_different-shades-on-inaugural-day-of-global-investors-meet-expo_1699214)

Jubiliant Life Sciences will invest about Rs 1000 crore across its various buinesses in Karnataka.

The company, which has its presence in Mysore and Bangalore, will also be increasing its workforce here by 5000 employees, Mr S S Bhartia, CMD of the company said at the Global Investors Meet 2012 today.

The company has over 25 per cent of its workforce in the state today and also has a pharma manufacturing unit in Mysore and a drug discovery centre in Bangalore.
http://www.thehindubusinessline.com/companies/article3500482.ece

Wind power company, Suzlon will invest Rs 15,000 crore to set up a 2500 MW wind farm in Karnataka. The wind farm will be set up in about two or three years, said Mr Tulsi R Tanti, CMD of Suzlon Energy.

"The state has a wind power capacity of 15,000 MW of which only 2000 MW has been harnessed," Mr Tanti said, at the Global Investors Meet 2012 here today.

The company currently has a manufacturing plant with a capacity of 6000 MW at Karnataka which is one of the largest manufacturing plants in the sector.
http://www.thehindubusinessline.com/companies/article3500437.ece?homepage=true&ref=wl_home

Future Group is planning to invest close to Rs 2,500 crore in a 110-acre food park, according to Chairman, Mr Kishore Biyani.

The food park is close to implementation near Bangalore. It is designed on the lines of markets in Dubai and China. The company also has a design centre in Bangalore, which provides designs for the company’s in-house products.
http://www.thehindubusinessline.com/industry-and-economy/marketing/article3500499.ece

Bangalore, June 6, 2012, DHNS:

Innovative exhibits

More than 450 exhibitors ranging from multi-national companies to research and development organisations and from public sectors companies to innovative entrepreneurs have set up shop at the Global Investors Meet (GIM) Expo 2012.

The expo, inaugurated by Chief Minister D V Sadananda Gowda, is spread over 20,000 sq m in two halls at Bangalore International Exhibition Centre (BIEC), the venue of the second edition of Karnataka’s flagship investors meet.

There are big players like Toyota and Honda, who have put on display their latest creations, and also several small and medium enterprises with their products like drilling machines, solar water heaters, and other gadgets.

Gujarat, Kerala, Uttarakhand, Madhya Pradesh, Bihar, Odisha and Chhattisgarh have set up their stalls in a bid to woo investors to their respective states.

Frequent sight

Then there are several familiar participants - Bescom, Mysore Minerals, KSRTC, Airports Authority of India, Brigade Group - who are present at all major expos in the State.

The innovative grabbed the most attention. Bangalore-based Apoorva Renewables Energy Products have come out with a series of battery-driven vehicles. They have developed a garbage tricycle which runs on a 500 W rechargeable battery. Company officials said the eco-friendly tricycle could replace the hand-driven trolleys used to collect door to door garbage.

Rubbing shoulders with the big players was Maina Kusumadhara. She was showcasing hand held and battery operated milking machines. The machines have been designed, developed and manufactured by Ksheera Enterprises of Sullia and have become a rage among dairy farmers in Dakshina Kannada and nearby districts.

The exhibition will be open for invitees till Friday.

DHNS (http://www.deccanherald.com/content/255132/from-battery-operated-milking-machines.html)

The Indian Institute for Human Settlements (IIHS) and the Government of Karnataka signed a Memorandum of Understanding (MoU) today during the 2nd Global Investor Meet (GIM) 2012 being held in the city.

Proposes to establish a national Research & Innovation University out of Bangalore

Bangalore, India: The Indian Institute for Human Settlements (IIHS) and the Government of Karnataka signed a Memorandum of Understanding (MoU) today during the 2nd Global Investor Meet (GIM) 2012 being held in the city. The MoU was signed by Aromar Revi, Director, Indian Institute for Human Settlements and Mr. M. N. Vidyashankar – Principal Secretary to Government, Department of IT, BT, S&T and Commerce & Industries.

http://www.prlog.org/11894517-iihs-indian-institute-for-human-settlements.jpg

The Indian Institute for Human Settlements (IIHS) will establish the first campus of the IIHS University in Bangalore with an investment of over Rs. 250 crores at a 55 acre site at Kengeri with an initial built-up area of 0.5 million sq.ft. The Government of Karnataka would provide the necessary support to IIHS towards the implementation of the project.

The IIHS campus is expected to set global standards for efficient, economic and sustainable design. It will aggregate and demonstrate the talents of India's best designers, construction agencies and artisans; help generate employment and enable local area development. The IIHS University will have 'world class' infrastructure for research, teaching and incubating innovation along with student and faculty housing and related social infrastructure.

The IIHS and the Govt. of Karnataka have agreed to enter into a knowledge partnership that would further the state's development agenda, strengthen institutional capacity within public institutions and enable IIHS to provide long-term support and knowledge services to public programmes and other initiatives.

Speaking on the proposed IIHS University, Aromar Revi, Director, IIHS said, "The IIHS will bring the interdisciplinary skills needed for the planning, development and management of India's cities, towns and villages. It is estimated that by 2050 close to half of India's population would be living in urban areas. This will place an enormous strain on the existing urban centers and the new ones that will come into existence. For India to thrive in the 21st century, we need settlements that work efficiently, are sustainable, and provide to all our citizens, access to jobs, services and security, along with the social and cultural space needed for full human development. With the establishment of the IIHS University at Bangalore, we seek to respond to the multi-dimensional and interdisciplinary opportunities of India's urbanisation at regional and national scale".



On Bangalore as a preferred location for the first campus for the IIHS University, Revi added “Bangalore has been among India's fastest growing cities over the last decade, but has its share of challenges from sprawl, congestion, water and basic service delivery and inclusive livelihood development. We hope to support the Govt. of Karnataka, citizens and enterprises to address these in a systematic manner over the medium and long-run. Bangalore is home to a number of India's leading higher education institutions and enterprises and has an innovation ecosystem that the IIHS hopes to draw upon and help further catalyse."

The IIHS Universities Academic Program will consist of globally benchmarked Masters, Bachelors and Doctoral degrees bringing together a wide set of disciplines and practice areas central to India's urban transformation. The curriculum framework has been designed by a global network of close to 200 leading academics, policymakers and practitioners and knowledge partners that include MIT, University College London (UCL), the University of Cape Town and renowned praxis institutions like ARUP.
http://www.prlog.org/11894517-iihs-and-government-of-karnataka-sign-mou-at-the-gim-inaugural.html

Suzlon Group chairman and managing director Tulsi R. Tanti signed an agreement with chief minister D.V. Sadananda Gowda to set up 3,000MW of wind and solar energy projects

The Karnataka government on Thursday signed agreements that propose Rs1.6 trillion in private investments in the state.

Power and infrastructure conglomerate GVK Group signed a memorandum of understanding (MoU) with the state government at the Global Investors Meet 2012 to spend Rs29,000 crore to build power plants.

Suzlon Group chairman and managing director Tulsi R. Tanti signed an agreement with chief minister D.V. Sadananda Gowda to set up 3,000MW of wind and solar energy projects, investing Rs20,000 crore. Welspun Energy signed an MoU to build a windmill and solar park for Rs9,900 crore.

Kumar Mangalam Birla, chairman and managing director of the Aditya Birla Group, proposed to invest Rs6,150 crore to expand its cement factory in the state, and another Rs395 crore to set up a caustic soda plant. “We will also be expanding our fibre plant in Harihar and our alumina plant in Belgaum,” Birla said.

The Embassy Group signed an agreement for Rs14,370 crore for an information technology and logistic warehousing park, and Ascendas India Trust signed an MoU for Rs10,483 crore for an integrated IT and electronics park at Bagalur near Bangalore.

Sun Forest City, a joint venture of Gurgaon-based investment firm Sun Group and US-based real estate enterprise Forest City, signed a Rs9,340 crore deal for the development of an aerospace city. The group will also provide an ecosystem for aerospace industries in three phases near the Bangalore international airport.

T.V. Mohandas Pai, chairman of the state’s vision group on information and communications technology, said the state government is aiming to increase information technology (IT) exports from $25 billion to $70 billion by 2020. Pai was previously director, human resources, at software services firm Infosys Ltd and is now chairman of Manipal Education.

Chief Minister Gowda said his government is taking steps to acquire land near Bangalore airport to establish a software park, an electronic hardware park, and an aerospace park to harness the vast potential in this sector.

“Karnataka is also the first state in the country to promote nano-science and nano-technology. The state has also provided land for the establishment of Indian institute of nano-science and technology, and for the establishment of an international centre for theoretical sciences,” he said.

N.R. Narayana Murthy, a founder and chairman emeritus of Infosys, said there was a need to diversify beyond IT and Bangalore. “We need to diversify our industrial base to other sectors like textile and power,” he said.
http://www.livemint.com/2012/06/07155140/Karnataka-attracts-Rs16-trill.html

Tata Steel today announced its plans to set up a Rs 30,000 crore steel plant in Karnataka as the government-sponsored Global Investors' Meet (GIM) 2012 commenced here with the State laying a red carpet for potential investors.

The six million tonnes per annum capacity plant would come up up Haveri district, the company's Vice-Chairman, B Muthuraman, said at the inauguration function.

CMD of Aditya Birla Group, Kumar Mangalam Birla said the Group proposed to invest Rs 7,000 crore in the State, including for setting up a four million tonne per annum capacity cement plant at a cost of Rs 2,750 crore.

Karnataka Government officials said before the event that the State aims to sign MoUs envisaging an investment of Rs six lakh crore during the GIM being held to showcase the State's investment potential.

At the inauguration, Chief Minister D V Sadananda Gowda said during the GIM 2010 the State signed 389 MoUs with (envisaged) investments amounting to Rs 3.92 lakh crore, of which more than 72 per cent of the projects are in various stages of implementation.
http://www.deccanherald.com/content/255205/tata-steel-set-up-rs.html

Coming soon... land bank: DV Sadananda Gowda
DNA news
Jun 7, 2012 (http://www.dnaindia.com/bangalore/report_coming-soon-land-bank-dv-sadananda-gowda_1699211)

The Karnataka government is taking steps to augment power capacity and create a land bank to draw more funds from industrialists, chief minister DV Sadananda Gowda said.

Inaugurating the exhibition of Global Investors’ Meet 2012 at Bangalore International Exhibition Centre, he said Karnataka was among top five states in industrial growth and third in attracting foreign direct investments.

GIM 2012, the main event, will open on Thursday.

“There are more than 700 medium- and small-scale industrial units and 85 Fortune 500 companies in the state. My government is committed to creating a conducive atmosphere for industrial growth,’’ he said.

Murugesh R Nirani, minister for industries, said GIM 2012 was expected to draw at least investments worth Rs6 lakh crore. The investors were giving importance to power sector, infrastructure and IT&BT segments. Various industries in the medium- and small-scale segment have committed more than Rs20,000 crore investments so far.

More than Rs12,000 crore investments will be made in Mysore, while Rs5,000 crore will be made in and around Bangalore.

Belgaum will attract Rs4,000 crore investments while Mangalore is expected to draw more than Rs1,000 crore, Nirani said.

“Most of the investments will be made in cluster-based industries such as plastic, packaging, aerospace and pharma. We expect 70% of realisation of this investment in five years,’’ he said.

All the issues related to land and infrastructure have been sorted out with the participation of local industrial associations, the minister said.“The involvement of local industries’ associations has enabled the Karnataka Industrial Areas Development Board to reduce the transaction costs for the acquisition of land,’’ he said.

Memoranda of understanding (MoUs) will be signed to establish 12 sugar factories in Mandya and Mysore districts during GIM 2012. Minister for small-scale industries, Raju Gowda, appealed to investors to make more investments and give 80% jobs to locals.

Congratulating the state government for the arrangements made for GIM 2012, Prakash N Raikar, president of the Karnataka Small-Scale Industries Association, said the focus of GIM was on small and medium industries.

“It is the right time for medium and small scale industries to butt in,’’ Raikar said.

JR Bangera, president of the FKCCI, said the government had done a commendable job. “I congratulate the government for attracting more than Rs20,000 crore investments by organising road shows in Belgaum, Mangalore and Mysore,’’ he said.

jMq4arlAx6c

OK all, information is pouring in from Bangalore International Exhibition Centre. Running commentary in the form of posts will continue here. In the mean time we have a few minutes time so let us ask our specialist engineer a few questions.

Akash, are you happy with the progress so far? Lot of sugar industries are coming up in Mandya & Mysuru. Are you happy with the performance so far in your pet sector agro-based industries and food processing? In a short time we may get more picture on another sector infrastructure - urban & industrial. What is your expectation?

I think we have lost the link with Akash. So let me post a few more things on Kalyana Karnataka.

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OK all, information is pouring in from Bangalore International Exhibition Centre. Running commentary in the form of posts will continue here. In the mean time we have a few minutes time so let us ask our specialist engineer a few questions.

Akash, are you happy with the progress so far? Lot of sugar industries are coming up in Mandya & Mysuru. Are you happy with the performance so far in your pet sector agro-based industries and food processing? In a short time we may get more picture on another sector infrastructure - urban & industrial. What is your expectation?

I have to wait to see what mysore got in 12,000 cr SMES sector,Urban infra still need more details,might emerge only after the meet concludes.Keep these GIMs simple and small,accept projects which can really take off.Good to see lot of expansions,where land hurdle issues are less.

Karnataka gets Rs.5-trillion worth investment proposals
(http://www.newstrackindia.com/newsdetails/2012/06/07/426--Karnataka-gets-Rs-5-trillion-worth-investment-proposals-.html)
Bangalore, June 7 (IANS) About 600 global and Indian firms Thursday committed to invest a whopping Rs.5 trillion (Rs.5 lakh crore) in the state across 14 sectors on the first day of the second Global Investors Meet (GIM 2012) here.
"About 600 firms have signed agreements with our industry department to invest in the state over the next five years. More companies will sign Friday, which will exceed the target of Rs.6 trillion (Rs.6 lakh crore) we have set for this GIM," Industries Minister Murgesh Nirani told reporters.
Among major firms which have proposed to invest are GVK Group (Rs.29,000 crore in power projects), Tata group (Rs.26,000 crore in nine sectors), Suzlon (Rs.20,000 crore in solar and wind power projects), Marib Infrastructre (Rs.18,400 crore in tourism projects), Embassy Group (Rs.14,370 crore in IT park) and Rajesh Exports (Rs.11,986 crore in gems and jewellary park).
Other firms are state-run Mangalore Refinery Petrochemcals Ltd (MRPL) Rs.8,500 crore, JSW Steel Rs.6,090 crore, Sun Forest City Ltd Rs.10,000 crore in aerospace park, Ascendas Rs.10,400 crore in IT infrastructure park, and Goenka group Rs.9,900 crore in renewable energy.
"Of the 600 proposals, 32 are from overseas firms, bringing in substantial foreign direct investment (FDI) into the state. Majority of investments will be in knowledge-based sector spanning IT, biotech, pharma, aerospace and electronics and core sectors such as cement, steel, energy, roads and tourism," an upbeat Nirani asserted.
Investment proposals in the steel and mining sector, however, slumped to less than 10 percent from about 60 percent in the first edition of GIM held in June 2010.
"The state government will initially invest Rs.2,000 crore in creating basic infrastructure such as roads, power, water and civic amenities in the industrial clusters that will be set up to create an eco-system for the prospective investors," Nirani said.
The government has identified 120,000 acres of land across the state for facilitating investors to set up their manufacturing facilities.
"We already have a land bank of 46,000 acres as final notification has been issued to acquire the lands, while preliminary notification has been issued for the remaining 40,000 acres of land," Nirani added.

Embassy, Maini form JV to develop logistics parks in Karnataka

Projects investment of Rs 15,000 crore for developing four projects on 1,116 acres
Bangalore based real estate developer, Embassy Group and Maini Group have formed a joint venture to develop logistics parks in Karnataka.

This is Embassy’s foray into logistics and warehousing business, which is mostly present in the residential, commercial and IT/ITES space.

Embassy Group, backed by private equity giant Blackstone, has signed a Memorandum of Understanding (MoU) and shared Expression of Interest(EoI) documents with the Karnataka government for developing four mega projects in the State.

The projected total investment is Rs 15,000 crore, the company said.

The projects, to be funded through internal accruals and equity infusion, will include the development of integrated IT parks for IT/ITES with commercial, residential and support facilities and a logistics park.

The joint venture, christened Embassy-Maini Logistics Bangalore Pvt. Ltd, will develop and offer large format, ready-to-use, fully-fitted warehouses in major cities across India.

The Maini Group sold off their majority stake in its auto business, which introduced India's first electric car Reva, to Mahindras two years back.

The Maini Group has design and manufacturing entities and a strong base in material handling equipment and products for the warehouse segment.

Embassy will acquire 500 acres for development of IT/ITES space, BPO, residential and other facilities in ITIR - Doddaballapur and 216.04 acres in Tarahunise, both in north-Bangalore.

For the, logistics park it will acquire 200 acres each in Narasapura IInd Phase or Vembgal and Doddaballapur, located in north-east part of Bangalore.
On its logistics foray Embassy CMD Jitendra Virwani said:

“This is a strategic diversification initiative for us. While Embassy brings deep experience in developing land, design and construction, the Maini team brings in their rich expertise in design and manufacture of fit-outs and infrastructure for warehouses.”

Embassy has developed over 29.8 million square feet of commercial, residential and retail space as of March 2012. It also has international operations in Malaysia and Serbia.

About 600 global and Indian firms Thursday committed to invest a whopping Rs.5 trillion (Rs.5 lakh crore) in the state across 14 sectors on the first day of the second Global Investors Meet (GIM 2012) here.

"About 600 firms have signed agreements with our industry department to invest in the state over the next five years. More companies will sign Friday, which will exceed the target of Rs.6 trillion (Rs.6 lakh crore) we have set for this GIM," Industries Minister Murgesh Nirani told reporters.

Among major firms which have proposed to invest are GVK Group (Rs.29,000 crore in power projects), Tata group (Rs.26,000 crore in nine sectors), Suzlon (Rs.20,000 crore in solar and wind power projects), Marib Infrastructre (Rs.18,400 crore in tourism projects), Embassy Group (Rs.14,370 crore in IT park) and Rajesh Exports (Rs.11,986 crore in gems and jewellary park).

Other firms are state-run Mangalore Refinery Petrochemcals Ltd (MRPL) Rs.8,500 crore, JSW Steel Rs.6,090 crore, Sun Forest City Ltd Rs.10,000 crore in aerospace park, Ascendas Rs.10,400 crore in IT infrastructure park, and Goenka group Rs.9,900 crore in renewable energy.

"Of the 600 proposals, 32 are from overseas firms, bringing in substantial foreign direct investment (FDI) into the state. Majority of investments will be in knowledge-based sector spanning IT, biotech, pharma, aerospace and electronics and core sectors such as cement, steel, energy, roads and tourism," an upbeat Nirani asserted.

Investment proposals in the steel and mining sector, however, slumped to less than 10 percent from about 60 percent in the first edition of GIM held in June 2010.

"The state government will initially invest Rs.2,000 crore in creating basic infrastructure such as roads, power, water and civic amenities in the industrial clusters that will be set up to create an eco-system for the prospective investors," Nirani said.

The government has identified 120,000 acres of land across the state for facilitating investors to set up their manufacturing facilities.

"We already have a land bank of 46,000 acres as final notification has been issued to acquire the lands, while preliminary notification has been issued for the remaining 40,000 acres of land," Nirani added.
http://www.andhravilas.com/newsdetail/593521/Karnataka-gets-Rs5-trillion-worth-investment-proposals.html


GVK Group (Rs.29,000 crore in power projects)
Tata group (Rs.26,000 crore in nine sectors) one is IT SEZ in Bangalore and four TAJ hotels in Karnataka
Suzlon (Rs.20,000 crore in solar and wind power projects)
Marib Infrastructre (Rs.18,400 crore in tourism projects) @ Bidadi
Embassy Group (Rs.14,370 crore in IT park) @ Devanahalli
Rajesh Exports (Rs.11,986 crore in gems and jewellary park).


Mangalore Refinery Petrochemcals Ltd (MRPL) Rs.8,500 crore
JSW Steel Rs.6,090 crore
Sun Forest City Ltd Rs.10,000 crore in aerospace park @ Devanahalli
Ascendas Rs.10,400 crore in IT infrastructure park @ Baglur Cross in Hardware Park
Goenka group Rs.9,900 crore in renewable energy.

Great Bangalore Retains Top slot in Aerospace and IT

Suzlon signs EoI to develop 2,500 mw of wind power capacity (http://economictimes.indiatimes.com/news/news-by-industry/energy/power/suzlon-signs-eoi-to-develop-2500-mw-of-wind-power-capacity/articleshow/13905568.cms)

Aditya Birla to invest $1.3 bln in new plants (http://english.manoramaonline.com/cgi-bin/MMOnline.dll/portal/ep/contentView.do?contentId=11740981&tabId=1&programId=11565538)

The Indian Institute for Human Settlements (IIHS) will establish the first campus of the IIHS University in Bangalore with an investment of over Rs. 250 crores at a 55 acre site at Kengeri with an initial built-up area of 0.5 million sq.ft. The Government of Karnataka would provide the necessary support to IIHS towards the implementation of the project.

Indian Institute for Human Settlements and Government of Karnataka signed MoU at GIM 2012. MoUwas signed by Aromar Revi, Director, IIHS and Mr. M. N. Vidyashankar - Principal Secretary to Government, Department of IT, BT, S&T and Commerce & Industries.
http://timesofindia.indiatimes.com/IIHS/speednewsbytopic/keyid-259636.cms

ONGC Chairman: MRPL to Invest $1.7 Billion to Boost Refinery Capacity
(http://www.foxbusiness.com/news/2012/06/07/ongc-chairman-mrpl-to-invest-17-billion-to-boost-refinery-capacity/)

Carved out of the erstwhile Gulbarga district, Yadgir, about 426 km from Bangalore has been witnessing an exodus of youth in search of employment over the last decade. But the second edition of Global Investors Meet (GIM) that took off on Thursday promises to reverse this trend sooner or later.

The most Backward Yadgir district is fast emerging as one of the most sought after 'business districts' in Karnataka, if one goes by the investment proposals mooted at the GIM.

The state government had set its sight on roping in Rs 6 lakh crore. Of these Yadgir is expecting investments between Rs 20,000 and Rs 30,000 crore -- highest to any district in Karnataka after Bangalore.

What led to the turn around? Karnataka Small scale industries minister Narsimha Naik (Raju Gouda), who hails from the region said there are two major factors that have encouraged investors to favour Yadgir. One, the government has declared huge tax incentives like investment subsidy, sales tax exemption, etc., for those who set up their investment in this district.

Secondly, he said Yadgir's environment was conducive for investment now. Its strategically located, 160 km from the River Krishna and the River Bhima also runs through the district but still land is largely not irrigated, and hence there is plenty of space for the setting up of large industries.

A senior industries official said the other reason why investors are eyeing Yadgit is because of cheap labour that are locally available. The district has been more or less left untouched by industrialization. Unemployment was rampant since agriculture was the only source of income. Therefore cement and automobile industries are opting to set up shops in the district,'' he added

According to government statistics, Yadgir has been classified as a 'C' category, industrially backward district. Between 2001 and 2012, a total of 11 small industries had been set up in the district entailing an investment of Rs 377 crore. Between 2010 and 2012, at least 41 new industrial units had proposed come up in the district at a cumulative investment between Rs 20,000 crore and Rs 30,000 crore

But some investors are still skeptical that Yadgir would emerge has potential investment destination. The ball is now in the court of the state government. It should focus on creating infrastructure for facilitating industrial climate in the backward districts of the State. No body will invest just for the sake of water and labour. There are other key factors like industrial amenities, connectivity and power,'' said N Pratap Reddy, a small scale industrialist, who is looking forward to invest in Yadgir.

http://m.timesofindia.com/PDATOI/articleshow/13905286.cms

For the first time, Karnataka plans to undertake road development projects through viability gap funding (VGP) in order to make them profitable for promoters.

Initially, state plans to upgrade 7500 km of arterail roads in the state through viability gap funding in next two years following approval from the Centre.

"The state governement intends to involve the private sector in a big way to provide quality roads through VGP scheme. And we are hoping to achieve it at Global Investors Meet,'' S C Khuntia, principal secretary, PWD said. The propsed project will be executed under public-private partnership model, involving an investment of Rs 5,000 crore. After a pre-bid meeting with interested developers at the GIM, the government has decided to call for the final bidding sooner or later.

The concept of viability gap funding was introduced by the Government of India about five years back to attract promoters for projects which may not immediately be otherwise viable. However, Karnataka struck to its old method of offering land for commercial development to developers that failed to cut ice over the years. ``The decision to go in for viability funding has been taken to minimise the problems associated with land acquisition,'' PWD minister C M Udasi said.

Like PWD, the Cash-starved BBMP too is lobbying hard at the Global Investors meet to offer a dozen of its infrastructure-related projects under the public-private partnership (PPP) mode. The civic agency which is neck-deep into financial problems, is hoping the investors to plough in over `1,057 crore into the city.

Building of skywalks with escalators at various spots in Bangalore to help pedestrians cross busy roads and constructing abattoirs are on its list of projects for foreign investment. The desperation was writ large on faces of BBMP officials at their stall at GIM expo as they were giving away Registration Of Interest (ROI) form to all visitors.
http://timesofindia.indiatimes.com/city/bangalore/7500-km-arterial-road-to-be-developed-in-Karnataka/articleshow/13905142.cms

The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and Karnataka have signed a Memorandum of Understanding (MoU) for enhancing agricultural productivity and make agriculture climate resilient in the State.

ICRISAT Director General William D Dar and State Government’s Additional Chief Secretary and Development Commissioner Kaushik Mukerjee signed the MoU in the presence of Chief Minister D V Sadananda Gowda and Agriculture Minister Umesh Katti.

The ICRISAT has been providing technical support to the Agriculture Department in implementing the Bhoo Chetana programme in the State since 2009.

ICRISAT led consortium comprising organisations would establish four pilot sites in four revenue divisions of the state to demonstrate various technologies which can benefit the farmers.

The consortium consists of International Water Management Institute, International Livestock Research Institute, International Rice Research Institute, Centre for International Maize and Water Improvement Centre, International Food Policy Research Institute and International Centre for Agricultural Research in the Dry Areas .

The programme is for four years and successful technologies would be scaled up by the government departments to benefit large number of farmers in the State.

Katti said organic farming has been extended to 71,000 hectares in the State and Bhoo Chetana had improved yield in various districts.
http://www.daijiworld.com/news/news_disp.asp?n_id=139682

Hindustan Aeronautics Limited (HAL) proposes to invest about Rs 600 crore to establish a unit for manufacturing 'New Fighter Aircraft' and Engine Production' at Chellaghatta, adjacent to HAL Airport here.

The Karnataka Government has agreed to support the growth and expansion of HAL in the State.

A Memorandum of Understanding was signed between HAL and the Government of Karnataka here today at the Global Investors' Meet, according to a release here today.

"The new unit requires access to runway. It is a time bound programme to establish the infrastructure, production facilities and supply of the Aircraft," said Mr R K Tyagi, Chairman, HAL.

The Company has around 40 acres of land at Chellaghatta. A new Division for Aircraft assembly and testing and another new Division for Engine assembly and testing are proposed for the new fighter Aircraft programme.

The production facility has a potential to create direct employment for around 1200 personnel. Another 3600 jobs are expected to be created because of logistics, services and outsourcing activities. (UNI)
http://www.newkerala.com/news/newsplus/worldnews-33925.html#.T9DMNFI4wgU

Repetation.

Engineer Akash, thanks for answering. You are stressing on need for development of Urban Infrastrudcture. But, I can appreciate your love for Rural Karnataka also.

The focus of GIM seems to be development of Urban Infrastructure. Economy of a village depends on its infrastructure like how well it is connected to outside. There is also a lot of scope for development of off grid solar, biofuel power projects. Why the state government has failed to address Rural Infrastructure development? Do they have totally forgotten about Kalam PURA which they used to talk a lot earlier? What model do you suggest to develop Rural Infrastructure? What is the way to finance rural development? Fully by the government? PPP? Or some other model? Is there way to find investors for rural development?

Engineer Akash, thanks for answering. You are stressing on need for development of Urban Infrastrudcture. But, I can appreciate your love for Rural Karnataka also.

The focus of GIM seems to be development of Urban Infrastructure. Economy of a village depends on its infrastructure like how well it is connected to outside. There is also a lot of scope for development of off grid solar, biofuel power projects. Why the state government has failed to address Rural Infrastructure development? Do they have totally forgotten about Kalam PURA which they used to talk a lot earlier? What model do you suggest to develop Rural Infrastructure? What is the way to finance rural development? Fully by the government? PPP? Or some other model? Is there way to find investors for rural development?

The best way is Government should build Roads ,Power and water lines in rural karnataka and allow PPP model in urban karnataka

JSW Steel expects its Vijayanagar steel plant to reach 100 per cent capacity once the iron ore supply resumes in Karnataka.

Speaking on the sidelines of the Global Investors' Meet here, Mr Sajjan Jindal, Chairman, JSW Steel, said that the steel plant, located in Thorangal in Bellary district of Karnataka, was currently running at 80-85 per cent capacity. “We expect to reach 100 per cent capacity in 2-3 months,” he added. JSW Steel's Vijayanagar plant has a steel production capacity of 10 million tonnes per annum. The company has so far invested over Rs 25,000 crore in the plant. The Central Empowered Committee, constituted by the Supreme Court, is expected to come out with a reclamation and rehabilitation plan soon.

JSW Steel signed an MoU with the Karnataka Government to set up an iron ore benefication and cement plants in the State at an investment of over Rs 6,090 crore.
http://www.thehindubusinessline.com/companies/article3501703.ece

Engineer Akash, thanks for answering. You are stressing on need for development of Urban Infrastrudcture. But, I can appreciate your love for Rural Karnataka also.


Rural development can be brought about with strong co operative movement,Rural banks,govt must step in for minimum support price,establish food/agro based industries.Education is a must if banking services have to pan over rural areas.Also sincere NGOs like Sudha murthy foundation,deshpande foundation are examples,Social responsibility shown by corporate world can do a lot.

One must not bring down cultivable land,rather ensure perfect manpower to land ratio,excess workers on land need to be rehabilitated in service or industrial sector.

The best way is Government should build Roads ,Power and water lines in rural karnataka and allow PPP model in urban karnataka

Wind farms,solar farms can answer the rural electrification part.Central govt has brought out lot of good schemes for rural dev like NREGS,Pradhan mantri grameen sadak yojna. State govt must see to that these funds are utilized in a proper manner cutting across party lines.

Dear All,
Today I happen to visit GIM and was quite impressed with the kind of exhibition infrastructure that Bangalore boasts off. Truly international. I wish the MICE complexes proposed in GIM at Mysore, Hubli/ Dharwad, Belgaum, Gulbarga will be equally world class.
Bangalore one has even got green Platinum LEED certification.

Now, I come to the investment signing formalities. While there were some big bang proposals by leading industrialists to invest huge amounts on equally huge tract of (cultivable???) land. The farmers were seeming very upset, frustrated and were seen protesting outside the venue shouting and mouthing bad words against CM and others.

They claim their cultivable land is forcefully taken, while CM said land was bought with owners permission. Not sure who is right.

But I strongly feel that most of the big investment announced today will just remain on paper as it involves lots of permission to be taken like forest, environment, pollution control board etc from various agencies.
It requires a strong facilitation body, to handhold and help the industrialist get the clearance ASAP.
With state election is hanging around by early next year, entire government machinery will be behind preparation for the same.
So, from September ~ October you will see hardly anything happening in government circles. And not sure if BJP will be back on power.
In such a situation, where is the credibility of implementation???
I feel, like Akash said earlier, small industrial proposals will likely see the light as their requirement is small in every respect and with whatever governance left, they will be better off to pull it through.

This is just opinion!!!:bash:

In such a situation, where is the credibility of implementation???
I feel, like Akash said earlier, small industrial proposals will likely see the light as their requirement is small in every respect and with whatever governance left, they will be better off to pull it through.


Admirer of mysore,any idea on the 12000cr SMES investment in Mysore? Heard some medical instrument cos are planning to setup?

The best way is Government should build Roads ,Power and water lines in rural karnataka and allow PPP model in urban karnataka

SELCO (http://www.selco-india.com/) is doing a great work in rural area. We need a few more companies like SELCO in Karnataka.

A few more companies working on rural electrification in India are
MEMC unit seeks to electrify parts of rural India (http://www.stltoday.com/business/local/memc-unit-seeks-to-electrify-parts-of-rural-india/article_257fa810-aa88-11e1-8615-001a4bcf6878.html)
SunEdison looking to light up rural India with solar (http://gigaom.com/cleantech/sunedison-looking-to-light-up-rural-india-with-solar/)

Other area of interest is Rural BPO. Karnataka is not allowing established companies to enter this area but allowing entrepreneurship from new comers. In this GIM as more stress is given to small scale industries even Rural BPO could have got a boost.

Dear All,
Today I happen to visit GIM and was quite impressed with the kind of exhibition infrastructure that Bangalore boasts off. Truly international. I wish the MICE complexes proposed in GIM at Mysore, Hubli/ Dharwad, Belgaum, Gulbarga will be equally world class.
Bangalore one has even got green Platinum LEED certification.

Now, I come to the investment signing formalities. While there were some big bang proposals by leading industrialists to invest huge amounts on equally huge tract of (cultivable???) land. The farmers were seeming very upset, frustrated and were seen protesting outside the venue shouting and mouthing bad words against CM and others.

They claim their cultivable land is forcefully taken, while CM said land was bought with owners permission. Not sure who is right.

But I strongly feel that most of the big investment announced today will just remain on paper as it involves lots of permission to be taken like forest, environment, pollution control board etc from various agencies.
It requires a strong facilitation body, to handhold and help the industrialist get the clearance ASAP.
With state election is hanging around by early next year, entire government machinery will be behind preparation for the same.
So, from September ~ October you will see hardly anything happening in government circles. And not sure if BJP will be back on power.
In such a situation, where is the credibility of implementation???
I feel, like Akash said earlier, small industrial proposals will likely see the light as their requirement is small in every respect and with whatever governance left, they will be better off to pull it through.

This is just opinion!!!:bash:

The farmers from Tumkuru, Kolara, etc had a lot of hope on improvement of irrigation after Netravati diversion project. But now, it is certain that the diverted water will be used more for new industries coming up around BIAL than for agriculture. Once this is realized the farmers' agitation is going to be more rigorous.

Dear All,
Today I happen to visit GIM and was quite impressed with the kind of exhibition infrastructure that Bangalore boasts off. Truly international. I wish the MICE complexes proposed in GIM at Mysore, Hubli/ Dharwad, Belgaum, Gulbarga will be equally world class.
Bangalore one has even got green Platinum LEED certification.

Now, I come to the investment signing formalities. While there were some big bang proposals by leading industrialists to invest huge amounts on equally huge tract of (cultivable???) land. The farmers were seeming very upset, frustrated and were seen protesting outside the venue shouting and mouthing bad words against CM and others.

They claim their cultivable land is forcefully taken, while CM said land was bought with owners permission. Not sure who is right.

But I strongly feel that most of the big investment announced today will just remain on paper as it involves lots of permission to be taken like forest, environment, pollution control board etc from various agencies.
It requires a strong facilitation body, to handhold and help the industrialist get the clearance ASAP.
With state election is hanging around by early next year, entire government machinery will be behind preparation for the same.
So, from September ~ October you will see hardly anything happening in government circles. And not sure if BJP will be back on power.
In such a situation, where is the credibility of implementation???
I feel, like Akash said earlier, small industrial proposals will likely see the light as their requirement is small in every respect and with whatever governance left, they will be better off to pull it through.

This is just opinion!!!:bash:

Embassy signed MOU for own land so land acquisition is ruled out .The project is titled Embassy Knowledge Park which is spread across 190 acres near ITC Factory
http://farm8.staticflickr.com/7036/7137754699_db9cb40fca_b.jpg



TCS who signed MOU for 4500 CR Campus did buy land from brookbond on Whitefield so land acquisition is ruled out



Ascendas who signed for mou for 150 acre IT Park worth 10000 cr will be coming up in hardware park where financial city is coming up .


These three projects will take off for sure

The farmers from Tumkuru, Kolara, etc had a lot of hope on improvement of irrigation after Netravati diversion project. But now, it is certain that the diverted water will be used more for new industries coming up around BIAL than for agriculture. Once this is realized the farmers' agitation is going to be more rigorous.

will farmers be alive in tumkur and kolar .Kolar will see automobile hub emerging and moreover water will be given from hemavathi and water from alamati to north bangalore is an PPP project which will be on BOT

Bangalore, Jun 7 (IANS): The second edition of the Global Investors' Meet (GIM 2012) got underway Thursday amid fanfare to promote the state as a premier investment destination in diverse sectors of the economy across the state.

Being held for the first time at the sprawling Bangalore International Exhibition Centre (BIEC) on the city's outskirts, the two-day biennial event attracted about 5,000 delegates from across the country and overseas.

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Presence of doyens of the Indian industry and global majors and high-profile delegations from Japan, Mexico and Bavaria in Germany at the grand inaugural ceremony was a great relief to the state government, which has been pulling all stops to convince investors that Karnataka is one state with many opportunities to explore.

Among the captains of the industry who graced the occasion and spoke were Infosys chairman emeritus N.R. Narayana Murthy, Aditya Birla Group chairman Kumara Managalam Birla, Tata Steel vice-chairman B. Muthuraman, ONGC chairman Sudhir Vasudeva, Larsen & Toubro (L&T) chief executive K. Venkataramanan, JSW Group chairman Sajjan Jindal, and Bharat Forge chairman B.N. Kalyani.

From overseas, Japanese vice-minister of economy, trade and industry Keiro Kitagami, Bavaria's deputy prime minister Martin Zeil, General Electric (GE) India chief executive John Flannery and General Motors (GM) managing director Lowell Paddock were present.

The state government had set an ambitious target of attracting a whopping Rs.six trillion (Rs.6 lakh crore) investments as against Rs.3.92 trillion (Rs.3.92 lakh crore) investments committed in the first edition of GIM 2010, though in reality only Rs.1.27 trillion (Rs.1.27 lakh crore) materialised.

While Minister for Tourism Subodh Kant Sahai could make it to the event an hour behind schedule, the absence of other two central ministers -- M. Veerappa Moily (corporate affairs) and Virbhadra Singh (micro, small and medium enterprises) -- was conspicuous.

As part of the mega-event, the state government has also organised a three-day expo at the venue to showcase the state, its human and natural resources, pro-active industrial policies, investor-friendly incentives, land bank and infrastructure for attracting investments from global and domestic firms.



Tata Steel to Set up Rs 30,000 Crore Plant in Karnataka

Bangalore, Jun 7 (PTI): Tata Steel today announced its plans to set up a Rs 30,000 crore steel plant in Karnataka as the government-sponsored Global Investors' Meet (GIM) 2012 commenced here with the State laying a red carpet for potential investors.

The six million tonnes per annum capacity plant would come up up Haveri district, the company's Vice-Chairman, B Muthuraman, said at the inauguration function.

CMD of Aditya Birla Group, Kumar Mangalam Birla said the Group proposed to invest Rs 7,000 crore in the State, including for setting up a four million tonne per annum capacity cement plant at a cost of Rs 2,750 crore.

Karnataka Government officials said before the event that the State aims to sign MoUs envisaging an investment of Rs six lakh crore during the GIM being held to showcase the State's investment potential.

At the inauguration, Chief Minister D V Sadananda Gowda said during the GIM 2010 the State signed 389 MoUs with (envisaged) investments amounting to Rs 3.92 lakh crore, of which more than 72 per cent of the projects are in various stages of implementation.



Protests Against GIM by Farmers, Activists of Praja Pragati Ranga

From Our Special Correpondent
Daijiworld Media Network - Bangalore

Bangalore, Jun 7: Acitivists of Praja Pragati Ranga led by Kodihalli Chandrashekhar, President of Rajya Raitha Sangha, Social Democratic Party of India State President Abdul Majeed and C S Dwarkanath, Former Chairman of Backward classes commission, staged a protest in front of the Bangalore International Exhibition Centre (BIEC), the venue of the Global Investors Meet on Thursday.

Praja Pragati Ranga’s plans to to storm the GIM venue and stop the ongoing meeting were foiled by the police, who did not allow the protestors to cross the road to enter the venue.

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A large crowd of farmers and activists peacefully staged their protests and were taken into preventive custody by the police. The police had to transport the activists away from the venue in many buses.

Addressing the protestors, Kodihalli Chandrashekhar declared that farmers will not allow injustice in the name of development. ''We are not against development. We are against our land being stolen and farmers not getting reservation in jobs generated by industrialization on the same land,” he said

He said Large and Medium Industries Minister Murugesh Nirani, who owns a sugar factory and has not cleared the dues of his factory to the sugar cane farmers for the sugarcane procured by his sugar factory, had no right to talk about justice to the farmers."

C S Dwarkanath said the GIM was just of way of legalising the ''illegal wealth created by the land scams.”

''We will not allow an inch of land to be given as no employment is generated as promised by the earlier GIMs. When the promises of the earlier GIMs have not been fulfilled what is the use of another GIM?,” he asked.

Abdul Majeed of SDPI said the BJP led government has been completely neglecting the farmers. The government started off by commanding the police to open fire and killing innocent farmers for demanding justice. The government has never stood for the justice. Scams have become the order of the day for BJP.

''Land scams and illegal mining have sent many ministers to jail including former chief minister B S Yediyurappa,” he said.

http://www.daijiworld.com/news/news_disp.asp?n_id=139740

Investment proposals worth Rs 5,00,000 crore were signed on the Day 1 of GIM,industries minister Murugesh Nirani said but didn't issue a full list of MoUs signed.These are in sectors like aerospace,petrochemicals,cement,steel,IT parks,auto components,power,gems and jewellery,and wind and solar energy.The Tata Group is the single largest investor with Rs 56,000 crore across ten sectors.
Most investments this time are expected to come to North Karnataka,"Nirani said.That part is much less developed compared to the rest of the state.
The first edition of GIM saw investment proposals of Rs 3.92 lakh crore.The government says 62% have materialized.Responding to N R Narayana Murthy's comment on the importance of diversifying beyond the IT sector and moving beyond Bangalore,Nirani said future investments in IT and aerospace would be in tier 2 towns.
The proposed high-speed rail project,he said,would be funded by the World Bank.The state government will float an expression of interest to acquire land for the project.The government has initiated talks with Japan External Trade Organization and Japan International Construction Company to assist them to prepare a detailed project report to roll out the project.The train would connect Bangalore and Belgaum via Tumkur and Chitradurga along NH4.
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will farmers be alive in tumkur and kolar .Kolar will see automobile hub emerging and moreover water will be given from hemavathi and water from alamati to north bangalore is an PPP project which will be on BOT

Without food nobody will be alive.

Agreed that we have excessive manpower working on agriculture sector. But, what is the guarantee that the local farmers will get jobs in automobile industries. Inspite of GoK pressing on local employment this has not happended in other places. What is GoK plan to develop local skill power which can generate them job in automobile sector?


will farmers be alive in tumkur and kolar. Kolar will see automobile hub emerging and moreover water will be given from hemavathi and water from alamati to north bangalore is an PPP project which will be on BOT

It is the question of feeding water to a migratory population of about 5 lakhs around BIAL investment region. A considerable amount of water is needed. Now Hemavati basin farmers and people will be unhappy that water is going to industrail townships but they are not part of this development. What is the plan to keep them happy?

Bangalore, June 7, 2012, DHNS :

Japan businessmen prefer Chennai and Ahmedabad over Bangalore for investment. Lack of good roads and non-availability of land are the two major reasons for the Japanese to look for better destinations.

These were the words of Kazumasa Kuboki, senior advisor, Japan External Trade Organisation, Bangalore, in his address at GIM II.

In an interaction with Deccan Herald at the venue, he said Bangalore was a ‘land locked’ city unlike Chennai and Mumbai, which have ports.

“In Bangalore, all major roads are narrow. The roads are not being widened. One solution is to go for peripheral roads, along with townships, so that roads within the city can be decongested,” he said.

Asked what were the problems faced by Japanese investors who would like to do business in Karnataka, Kuboki said projects did not see progress because of the unavailability of land.

“The government is facing a major problem in acquiring land for industrial purposes. Even the single window agency is not much of a help because land allotment, registration, applications for various clearances have to be secured after dealing with the single window agency.

Many of our investors prefer to go to Chennai, Ahmedabad or Mumbai. Yet, Japan has made investments in Karnataka. Toyota Kirloskar in Bidadi is planning to expand its manufacturing capacity,” he said.

To a query whether the political turmoil was also making investors wary of coming to Karnataka, Kuboki said, “Political climate is not a deterring factor”.

Earlier, at the session organised by representatives of Japanese firms, Hisashi Hosokawa, CEO of Green Arm Company Limited, told Deccan Herald that his firm had come forward to use the Japanese patented technology of HIR (Hot In Place Recycling) for rehabilitation, maintenance and extension of Bangalore’s Outer Ring Road.

The advantage of the system is that the carpeted road can take the traffic load within a few hours of the completion of work. There is no need to close the road for repair works.
“There are huge opportunities for this technology in Bangalore as you plan to expand and speed up repair work,” Hosokawa said.

HIR uses combined jet hot-air, heated to about 600 degrees Celsius in the diesel-fueled combustion chamber, which is milled, mixed with new asphalt mixture and recycled 100 per cent. “We will speak to the State government on the feasibility of using the technology for roads in Bangalore,” he said.

DHNS (http://www.deccanherald.com/content/255360/japanese-prefer-chennai-blore.html)

Japanese may be more interested in wastelands near ports. Karnataka does not have much coastal wasteland. 'Kalyana Karnataka' is the region should be encouraged for this kind of requirements. The proximity to Hyderabad should also be exploited. 'Gulbarga' needs to be developed fast with and an international airport. On the other hand water management should also get enough attention.

Bangalore, JUne 7, 2012, DHNS:

Company minces no words in listing bureaucratic hurdles investors face


One industrialist who did some plain speaking at the Global Investors Meet on Thursday was S R Jindal, the founder of Jindal Aluminium Limited.
While many other investors had bouquets for the government, for creating an ‘investment-friendly’ environment, Jindal, a long time investor in the State, in his address at the inaugural session, said Karnataka was not investor friendly as it claimed to be.

He insinuated that the State-level single window clearance committee, which clears mega investment projects under the chairmanship of the chief minister, entailed a complicated process.

Suggesting that the government should bring about improvements in the system, Jindal said, “The government claims that the single window clearance system facilitates easy processes. But when an investor peeks into the system, he is exposed to many doors and windows.

The scenario will hopefully change, now that senior officer M N Vidyashankar has taken charge of the department. We are hoping that there will be no more bureaucratic hurdles,” he said.

He said the government had made exaggerated claims about the outcome of the previous GIM.

“Only four per cent of the projects of the Rs four lakh crore investments that the State attracted have materialised, while some more are in the pipeline,” he said.

However, Jindal did not lag behind in stressing the responsibilities of corporate firms. Many corporate firms are failing to discharge effective corporate social responsibility. Corporate firms should contribute at least five per cent of their profits mandatorily towards the welfare of the poor.

Later speaking to reporters, Jindal said corruption was rampant in Karnataka and that it had slipped to the bottom five states in industrial growth, which was preventing industries from coming up in the State.

"I have been doing business in Karnataka from 1968 and during the course have met many bureaucrats. Earlier, the bureaucrats were courteous and hospitable. But this has changed over time. The so-called single window system has many backdoors and ventilators and the industrialists are made to run from pillar to post.

He said the State High Powered Committee had approved 70 acres in Dobbespet for a project, but the land was yet to be allotted to Jindal by KIADB. He alleged that bureaucrats indirectly sought bribes and favours to further the process.

Reacting to the statements of the industrialist, Industries Minister Murugesh Nirani said,
"Our single window system is one of the best. There is scope for improvement to ensure that the processes are hassle free."

As if Jindal’s criticism was not enough, Baba Kalyani too subtly flayed the government’s attitude towards attracting investors and providing them proper infrastructure facilities. He said quick decisions should be made to ensure that the investors are not distracted. He said that the government should ensure implementation of the projects that have come on board as part of GIM.

Kris Gopalakrishnan of Infosys said the government should provide a stable environment for investors, apart from ensuring that they are involved in the decision-making process.

N R Narayan Murthy, chief mentor of Infosys, said creation of sustainable employment was the need of the hour. Currently, the country has four crore youngsters who are unemployed. The country needs to create at least 10 crore jobs in the next one decade
to facilitate GDP growth, he said.

For creating jobs, he said, focus should be on three areas: attracting investments, promoting exports and diversifying industrial base. As far as Karnataka is concerned, there is a clear need for diversifying the IT sector and going beyond Bangalore, he said.
But there were investors who showered praises for the “political and bureaucratic support” that they got in the State.

B Muthuraman, vice chairman, Tata Steel, said his company’s relationship with the State was long standing and that Karnataka was a “great place to invest”.

“We are on a major expansion mode in Karnataka, because we simply love being here. We have always received excellent cooperation,” he said.

Vikram Kirloskar, vice chairman, Toyota Kirloskar Motors, said the policies of the State government had stayed consistent over the last decade, despite the changes in the political scenario.

“The government has stuck to its incentives. It has not withdrawn anything, unlike other states. All of its commitments have been met,” he said.

Sudhir Vasudeva, CMD, ONGC, said Karnataka had a “conducive business environment”.

“I can vouch for investing in Karnataka,” he said, adding that the Mangalore Refinery and Petrochemicals Limited had become a profit-making refinery thanks to the supporting policies of the State government.

Quote hanger

There are two types of people in the world –– foxes and hedge-hogs. While the fox is a hunter, the hegde-hog is known to stick its head in the ground. I see people of Karnataka as foxes, because they seek and they create opportunities. With GIM, you are expanding your hunting ground. A successful Karnataka is good for Africa.

Williams Nkurunziza
High Commissioner Rwanda

The Foreign Direct Investment between Bavaria and India has developed in a dynamic way. In fact, India is one of our key trading partners in Asia. Karnataka has an enormous economic strength.

Martin Zeil
Deputy Prime Minister
Govt of Bavaria, Germany

Despite the distance, Mexico and India share a large number of similarities. As a result of which there has been productive political dialogue and fruitful economic development. Mexico and Karnataka too have many similarities. We are both aerospace hubs, apart from being known agro and food processing, and automative sectors. Due to our confidence in the Indian economy we have invested heavily in the country.

Jaime Nualart
Mexican Ambassador to India

DHNS (http://www.deccanherald.com/content/255367/jindal-brings-govt-down-earth.html)

DHNS (http://www.deccanherald.com/content/255360/japanese-prefer-chennai-blore.html)

Japanese may be more interested in wastelands near ports. Karnataka does not have much coastal wasteland.

Maybe you mistook that sand for gold. :lol::lol::lol:

DHNS (http://www.deccanherald.com/content/255360/japanese-prefer-chennai-blore.html)

Japanese may be more interested in wastelands near ports. Karnataka does not have much coastal wasteland. 'Kalyana Karnataka' is the region should be encouraged for this kind of requirements. The proximity to Hyderabad should also be exploited. 'Gulbarga' needs to be developed fast with and an international airport. On the other hand water management should also get enough attention.

Take Japanse to Mangalore and Karwar

Bangalore, June 7, 2012, DHNS:

The State government has received an overwhelming response from investors from across the globe, and the total investment commitments would cross the target of Rs 6 lakh crore, said Industries Minister Murugesh Nirani on Thursday.

Briefing the media on the inaugural day of the Global Investors Meet, he said about 400 MoUs worth over Rs 5 lakh crore were signed on day one. Among the MoUs is a 18,000 MW power project in the State, he added. He said details of the MoUs will be disclosed after the event on Friday.

The Japan International Construction Company will prepare a detailed project report by end of December for the high-speed railway network between Bangalore-Mysore, Bangalore-Belgaum and Bangalore-Gulbarga.

The Japanese company would be sourcing funds for the project from the World Bank and there will be no financial commitment from the State government, he said. The high-speed rail network is expected to cost Rs 200 crore per km.

Prominent investors
Investor..............Investment (CR)
MRPL..................Rs 8,500
JSW Group...........Rs 8,090
Aditya
Birla Group...........Rs 6,150
Sun Forest City......Rs 9,340
Embassy Group......Rs 14,500
NetApp................Rs 882
Ascendas group.....Rs 10,483
Chettinad
Cement Corp........Rs 2,855
Indian Institute
of Human
Settlements.........Rs 250
Future Group.......Rs 891
Rajesh Exports.....Rs 11,986
GVK Group..........Rs 29,000
Marib
Infrastructure......Rs 18,400
Dreamland
Ventures............Rs 1,345
Welspun Group....Rs 9990
JSW Steel...........Rs 6,090
TCS....................Rs 4,326
Ultratech Cement...Rs 6,090
Future Group.........Rs 891
Toyota Kirloskar.....Rs 500
HAL.....................Rs 600

DHNS (http://www.deccanherald.com/content/255264/investments-cross-rs-6-lakh.html)

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Bangalore, June 7, 2012, DHNS:

Hardselling the concept of public-private partnership (PPP) in transport and infrastructure projects, the State PWD department has urged private investors to consider partnership with the government in implementing road, rail, port and airport projects.

Subhash Chandra Khuntia, Principal Secretary, PWD on Thursday highlighted the need for private investments and participation in mega projects like the expressway between Bangalore and Mangalore.

Addressing the gathering at GIM, he said this new alignment between Bangalore and Mangalore would serve as an industrial corridor and a mega bypass to the existing road. "We are in talks with the Centre about furthering this project. The government is planning construction of similar corridors from North to South and East to West in the State," he said.

Khuntia said industrial clusters, educational institutions, food courts, petrol bunks and any roadside facilities could come up on the proposed expressway.

“The new highway will have to be built with private investment. The investor will get development rights. Naturally, it will be a toll road. Land acquisition has to be done by the investor. The government can only be a facilitator,” he said.

When Deccan Herald asked him whether any investor showed interest in the expressway project at GIM, the officer said only the idea had been mooted at the meet. But, six proposals have been received by the government for various other PPP projects, he said.

He said the government was trying to get investment from Japan International Co-operation Agency (Jica) for building a tunnel road in the Shiradi ghat section of about 26 km.

The officer said these corridors could help in development of peripheries, in the process checking migration of people to bigger cities. He said investors could set up industries, skill centres, power plants, water supply projects and educational institutions as part of this mega project. "Wherever there are good roads, there will be ribbon development. It also helps in distribution of population."

He invited investors to set up 'construction academies', like the one in Hyderabad, which can produce trained manpower for the fast evolving construction sector.

Khuntia said another project that could attract the investors was the Bangalore-Chennai industrial corridor, which is being implemented by the Centre in partnership with the Tamil Nadu and Karnataka governments. Japanese loan is forthcoming for the project, he said.

The officer said the government had decided to construct all minor ports in the State through PPP model, henceforth. To boost economic development, the government was in the process of framing a 'captive port policy,’ he said.

He said the government, which was already in the process of building State highways on a PPP model, was looking for further participation from private firms to maintain roads and collect toll.

One building, twin objective

The State government is looking for private investors who can build a ‘residential facility’ at the Suvarna Soudha complex in Belgaum. The Soudha is likely to be ready for inauguration by June-end.

The PWD has spent nearly Rs 400 crore on constructing the Soudha on an area of 25 acres. The PWD is contemplating to allow construction of a ‘residential facility’ or a hostel, on about five acres as part of the complex.

In Bangalore, the Legislators’ Home is the residential complex for legislators. Khuntia said whenever the session is held in Belgaum, the residential facility could be used by legislators. Rest of the time, it could be used as a hostel.

“The government will only provide the land, but not make any investment. Anyhow, the session is held for less than a month in a year there. So, we will not require the residential complex for the rest of the year. Already expression of interest has been invited,” he said.

DHNS (http://www.deccanherald.com/content/255362/govt-woos-investors-end-infrastructure.html)

This expressway seems to be different from tunnel. Tunnel is planned on existing NH-75.

GIM advertisemnent on Kannada daily Hosadigantha.

http://hosadigantha.in/mangalore_img/06-06-2012-15.pdf

http://www.freeimagehosting.net/newuploads/pak1w.jpg

They are also planning for two ports in UK - Tadadi & Haldipura.

As there is already fast frieght corridor plan for Bengaluru-Chennai and then may be Bengaluru-Hubli-Pune-Mumbai it will be interesting to know how do they plan to include Karavali ports for frieght movements.

What about this? I thought it is dedicated railway track for frieght movement.

Bangalore, June 7, 2012, DHNS:

Hundreds of farmers tried in vain to register their protest against the government on the Tumkur highway, even as MoUs of mega projects were being exchanged at the Bangalore International Exhibition Center, the venue for GIM 2012.

Over 500 farmers belonging to Karnataka Rajya Raitha Sangha and Karnataka Prantha Raitha Sangha raised slogans against the government’s initiative to attract investments to the State from large players.

Cautioning investors, farmer leaders Kodihalli Chandrashekar, H R Basarayappa, Chukki Nanjundaswamy, Bayya Reddy and others said that the farmers of Karnataka will at no cost part with their land for the mega projects. They attempted to block the highway at noon, when the police force stopped them and took them into preventive custody.

In what can only be described as an irony, Ashok Kheny, Managing Director, Nandi Infrastructure Corridor Enterprises made a sudden appearance at the protest site to extend his support to the farmers’ protest. Kheny said the farmers were justified in their protest.

He said the government should take the farmers into confidence while implementing industrial projects on agricultural lands. He alleged that the government was acquiring land only from poor farmers.

The inaugural function presided over by Chief Minister D V Sadananda Gowda went off smoothly, expect for a small episode. As soon as Gowda approached the podium to deliver his speech, two farmers who had made their way into the main hall, started raising slogans against the chief minister and the government. The duo were, however, silenced by the police who forcefully took them away from the venue.

DHNS (http://www.deccanherald.com/content/255365/farmers-raise-their-voice-against.html)

What is going on?

Engineer Sir, are you there? Lot of investments is happening. But, what I feel is water management can become a main issue in future. (If there is AL Nino then situation may agravate this year itself.) How do you think government should address this issue? Should they form one highly powerful water management authority to address allocation & monitoring of water distribution?

Engineer Sir, are you there? Lot of investments is happening. But, what I feel is water management can become a main issue in future. (If there is AL Nino then situation may agravate this year itself.) How do you think government should address this issue? Should they form one highly powerful water management authority to address allocation & monitoring of water distribution?

I dont know about Interior Karnataka.. But diversion of rivers is not the solution..
But for Coastal areas they can go for desalination plants, This is what has been done in Middle East..

Engineer Sir, are you there? Lot of investments is happening. But, what I feel is water management can become a main issue in future. (If there is AL Nino then situation may agravate this year itself.) How do you think government should address this issue? Should they form one highly powerful water management authority to address allocation & monitoring of water distribution?

Water and land have been an issue for karnataka,better to go for man made lakes,tanks,ponds in the vicinity of industrial estates.

DHNS (http://www.deccanherald.com/content/255365/farmers-raise-their-voice-against.html)

What is going on?

there were not even 100 farmers these are same farmers who used to protest against nice road lead by former PM.In short they are fake farmers

Response exceeds all expectations

‘Small proposals can be implemented in two years, large projects in five'

The proposals for investments signed at the Global Investors Meet (GIM) are expected to be implemented over the next two to five years, Minister for Large and Medium-Scale Industries Murugesh R. Nirani said, and added that the response had exceeded the expectations of the State government.

Speaking to media persons on Thursday, the Minister said the government expected about 60 per cent of the memorandums of understanding (MoUs) signed for various proposals across 14 sectors, to be implemented. “Small and medium-budget proposals could be implemented in two years while large projects may take about five years,” he said.

Providing details about the proposals that were announced on the first day of the meet, he said: “We have received proposals for investments exceeding Rs. 5 lakh crore with more than 400 MoUs being signed.” Many proposals for investments were in the industrially backward north Karnataka region that would benefit Tier II and Tier III cities.

According to Mr. Nirani, the first day's investment proposals were more in the Information Technology and Bio-Technology sector, infrastructure and power. “While nearly 60 to 65 per cent of total investment proposals (Rs. 3.89 lakh crore) in 2010 GIM were for the mining sector, it could be about 10 to 12 per cent in 2012 GIM,” he said, adding that mining proposals that have come this year, include gold and limestone mining. State-owned KIOCL has also entered into an agreement with a Russian company to set up a 6-million tonne capacity plant, he said.

HIGH-SPEED RAIL

He also announced that the government would enter into an expression of interest with the Japanese government-backed Japan External Trade Organisation (JETRO) for undertaking the detailed project report for the first phase of the high-speed rail project linking Bangalore with Mysore, and Hubli with Belgaum.

The second phase, connecting Bangalore with Gulbarga and Hubli, will also be taken up, he said.

http://www.thehindu.com/news/states/karnataka/article3504022.ece

I dont know about Interior Karnataka.. But diversion of rivers is not the solution..
But for Coastal areas they can go for desalination plants, This is what has been done in Middle East..

If they want to supply desalinated water to Bengaluru let them do from Chennai as there is lot of wasteland around Chennai for putting up desalination plants. :lol:

On serious account they can draw more water from cauvery and ask coastal area of TN to use more desalinated water to save money on transportation.

^^Mysore is going to get 24x7 water partly from kabini reservoir,that will ease much of pressure on cauvery water.The saved cauvery water is being used for Bangalore city.

http://farm8.staticflickr.com/7083/7350348092_91ef311e66_b.jpg
"Elevated road from Silkboard to Jaymahal" ..lol...they have not widened hosur road near adugodi and cemetery(after digging it all up) for ages, but want to build this sort of a freeway project!!

also guys, why are Embassy, TCS signinig MOUs? these were known projects, its like signing projects which have already been planned and showing them as new investment...

anyways even if 50000 crores come from the "6 lakh crore" planned especially to non-bangalore areas, then it will be a good thing planned by the govt..last GIM was a big flop...

.last GIM was a big flop...

Cannot blame last GIM's failure,coz those are issues which India in general faces and thanks to mining ban much of GIM was revolving around steel and minerals,which backfired with SC banning mining.Land acquisition is somewhat better compared to rest of India,but environmental clearnace,minimng block allocation are the hurdles which have slowed down steel sector investment or progress.Such projects take lot of time.

‘Water scarcity depressing’ (http://www.deccanherald.com/content/255328/water-scarcity-depressing.html)

Even Kodagu may become wasteland soon useful for Japanese industries.

ಹಾಸನದಿಂದ ತುಮಕೂರಿಗೆ ಹೇಮಾವತಿ ನೀರು ಹರಿಸಬೇಡಿ (http://www.udayavani.com/news/152254L15-%E0%B2%B9-%E0%B2%B8%E0%B2%A8%E0%B2%A6--%E0%B2%A6-%E0%B2%A4-%E0%B2%AE%E0%B2%95-%E0%B2%B0-%E0%B2%97--%E0%B2%B9-%E0%B2%AE-%E0%B2%B5%E0%B2%A4--%E0%B2%A8-%E0%B2%B0--%E0%B2%B9%E0%B2%B0-%E0%B2%B8%E0%B2%AC-%E0%B2%A1-.html)

They are drawing water from Hasana to Tumakuru or Devanahalli?

Take Japanse to Mangalore and Karwar

What kind of industries they are planning? There is some 1000 acres land in DK reserved for automobile sector. I don't like automobile or chemicals industries. Japanese IT/BT, Nano, R&D, tourism companies are welcome to Namma Karavali.

ರೈತ ನೀತಿ ಶೀಘ್ರದಲ್ಲೇ ಜಾರಿ (http://www.udayavani.com/news/152272L15-%E0%B2%B0-%E0%B2%A4-%E0%B2%A8-%E0%B2%A4--%E0%B2%B6-%E0%B2%98-%E0%B2%B0%E0%B2%A6%E0%B2%B2-%E0%B2%B2--%E0%B2%9C-%E0%B2%B0-.html)

Udayavani | Jun 07, 2012

ಬೆಂಗಳೂರು : ಭೂಸ್ವಾಧೀನ ವೇಳೆ ರೈತರಿಗೆ ಅನಾನುಕೂಲವಾಗದಂತೆ ಸೂಕ್ತ ಪರಿಹಾರ ಒದಗಿಸಲು ಸರ್ಕಾರ ರೂಪಿಸುತ್ತಿರುವ 'ರೈತ ನೀತಿ' ರೂಪಿಸುವ ಪ್ರಕ್ರಿಯೆ ಅಂತಿಮ ಹಂತದಲ್ಲಿದ್ದು, ಶೀಘ್ರದಲ್ಲಿ ಪೂರ್ಣಗೊಳಿಸಿ ಜಾರಿ ಮಾಡಲಾಗುವುದು ಎಂದು ಐಟಿ,ಬಿಟಿ ಇಲಾಖೆ ಪ್ರಧಾನ ಕಾರ್ಯದರ್ಶಿ ಎಂ.ಎನ್* ವಿದ್ಯಾಶಂಕರ್* ತಿಳಿಸಿದ್ದಾರೆ.

ನಗರದ ಹೊರವಲಯದಲ್ಲಿರುವ ಬೆಂಗಳೂರು ಅಂತಾರಾಷ್ಟ್ರೀಯ ವಸ್ತು ಪ್ರದರ್ಶನ ಕೇಂದ್ರದಲ್ಲಿ ಗುರುವಾರ ನಡೆದ 'ಜೈವಿಕ ತಂತ್ರಜ್ಞಾನ ಮತ್ತು ಔಷಧಿ' ಕುರಿತ ಚರ್ಚಾಗೋಷ್ಠಿಯಲ್ಲಿ ಅವರು ಮಾತನಾಡಿದರು.

'ರೈತ ನೀತಿ' ಜಾರಿಯಾದ ಬಳಿಕ ಭೂಸ್ವಾಧೀನ ವೇಳೆ ವಶಪಡಿಸಿಕೊಳ್ಳುವ ಭೂಮಿಗೆ ಸೂಕ್ತ ಬೆಲೆ ಸಿಗಲಿದೆ. ಇದರಿಂದ ರೈತರಿಗೆ ಅನ್ಯಾಯವಾಗದೆ, ಸೂಕ್ತ ಪರಿಹಾರ ದೊರಕಲಿದೆ. ಈಗಾಗಲೇ ಈ ನೀತಿ ಅಂತಿಮ ಹಂತದಲ್ಲಿದ್ದು, ಸಂಪುಟ ಸಭೆಯಲ್ಲಿ ನಿರ್ಧಾರ ಕೈಗೊಂಡ ಬಳಿಕ ಜಾರಿಗೊಳಿಸಲಾಗುವುದು ಎಂದರು.

ಕೈಗಾರಿಕೋದ್ಯಮಿಗಳಿಗೆ ಅನುಕೂಲವಾಗಲೆಂದು ಸರ್ಕಾರ ಜಾರಿ ಮಾಡಿರುವ ಜೈವಿಕ ತಂತ್ರಜ್ಞಾನ ನೀತಿ ಜಾರಿ ಮಾಡಲಾಗಿದ್ದು, ನೀತಿಯನ್ನು ಸದುಪಯೋಗ ಪಡಿಸಿಕೊಳ್ಳಬೇಕು. ಸಣ್ಣ ಉದ್ಯಮಿದಾರರಿಗೆ ಈ ನೀತಿ ಬಹಳಷ್ಟು ಪ್ರಯೋಜನಕಾರಿಯಾಗಿದೆ ಎಂದು ಹೇಳಿದರು.

ಇತ್ತೀಚೆಗಿನ ದಿನಗಳಲ್ಲಿ ಜೈವಿಕ ತಂತ್ರಜ್ಞಾನ ಅಭಿವೃದ್ಧಿಯಾಗುತ್ತಿದ್ದು, ಈ ಕ್ಷೇತ್ರದಲ್ಲಿ ಬಂಡವಾಳ ಹೂಡುವುದರಿಂದ ಲಾಭವನ್ನು ನಿರೀಕ್ಷಿಸಬಹುದು. ಈಗಾಗಲೇ ಬಯೋಕಾನ್*ನಂಥಹ ಹಲವು ಕಂಪನಿಗಳು ಈ ಕ್ಷೇತ್ರದಲ್ಲಿ ಬಂಡವಾಳ ಹೂಡಿ ಲಾಭ ಕಂಡಿವೆ ಎಂದು ಅಭಿಪ್ರಾಯಪಟ್ಟರು.

ಜೈವಿಕ ತಂತ್ರಜ್ಞಾನದ ಬಗ್ಗೆ ಮಾಹಿತಿ ನೀಡಲು ನಗರದಲ್ಲಿ ನ್ಯಾನೊ ಪಾರ್ಕ್* ಆರಂಭಿಸಲು ಉದ್ದೇಶಿಸಲಾಗಿದೆ. ಕೆಐಡಿಬಿ ಸಹಭಾಗಿತ್ವದಲ್ಲಿ ಇದನ್ನು ಆರಂಭಿಸಲಾಗುತ್ತಿದ್ದು, ಸಂಸ್ಥೆಯೊಂದಿಗೆ ಮಾತುಕತೆ ನಡೆಸಲಾಗಿದೆ. ನಗರದ ಅಂತಾರಾಷ್ಟ್ರೀಯ ವಿಮಾನ ನಿಲ್ದಾಣದ ರಸ್ತೆಯಲ್ಲಿ ಇಲಾಖೆಯ ಭೂಮಿಯಿದ್ದು, ಅಲ್ಲಿಯೇ ಪ್ರಾರಂಭಿಸಲು ನಿರ್ಧರಿಸಲಾಗಿದೆ ಎಂದು ಹೇಳಿದರು.

ಬಯೋಕಾನ್* ಅಭ್ಯಸಿಸಿದ ವಿದ್ಯಾರ್ಥಿಗಳು ಪದವಿ ಪಡೆದ ಬಳಿಕ ಕ್ಷೇತ್ರದಲ್ಲಿ ನೈಪುಣ್ಯತೆ ಬೆಳೆಸಿಕೊಳ್ಳುವ ಉದ್ದೇಶದಿಂದ ಉದ್ಯೋಗ ಹುಡುಕುವ ಮುನ್ನ 6 ತಿಂಗಳ ಕಾಲ 'ಟ್ರೈನಿಂಗ್* ಫಿನಿಷಿಂಗ್* ಸ್ಕೂಲ್*'ನಲ್ಲಿ ತರಬೇತಿ ನೀಡಲಾಗುತ್ತದೆ. ಈಗಾಗಲೇ ಈ ಶಾಲೆಗಳು ಬೆಂಗಳೂರಿನಲ್ಲಿ 6 , ರಾಜ್ಯದ ಇತರೆಡೆ 6 ಕಾಲೇಜ್*ಗಳು ಕಾರ್ಯನಿರ್ವಹಿಸುತ್ತಿವೆ. ಇವುಗಳ ಕಾರ್ಯವೈಖರಿ ಕಂಡು ದೇಶ-ವಿದೇಶ ಕಂಪನಿಗಳು ಸಹ ಪ್ರೇರಿತಗೊಂಡಿದ್ದು, 'ಟ್ರೈನಿಂಗ್* ಫಿನಿಷಿಂಗ್* ಸ್ಕೂಲ್*' ಆರಂಭಕ್ಕೆ ಮುಂದಾಗಿವೆ ಎಂದು ತಿಳಿಸಿದರು.

ಇದೇ ವೇಳೆ, ಆರೋಗ್ಯ ಇಲಾಖೆ ಕಾರ್ಯದರ್ಶಿ ರಮಣ್ಣ ರೆಡ್ಡಿ, ಒಜೀನ್* ಇನ್*ಫ್ರಾಸ್ಟ್ರಕ್ಚರ್* ಪ್ರೈ.ಲಿ., ಶ್ರೀವೆನ್* ಫಾರ್ಮ್, ವಿ.ವಿ.ಮೆಡ್* ಫಾರ್ಮ್, ಅಪ್ಟೆಕ್ಸ್* ಫಾರ್ಮಸಿ ಸಂಸ್ಥೆಯೊಂದಿಗೆ ಒಡಂಬಡಿಕೆಗೆ ಸಹಿ ಹಾಕಿದರು.

What kind of industries they are planning? There is some 1000 acres land in DK reserved for automobile sector. I don't like automobile or chemicals industries. Japanese IT/BT, Nano, R&D, tourism companies are welcome to Namma Karavali.
they will go in as cluster they never work in isolation they work in carpso i.e Pyramid type

ರಷ್ಯಾದ ಕಂಪನಿಯೊಂದರಿಂದ ಕುದುರೆಮುಖದಲ್ಲಿ 6 ಬಿಲಿಯನ್* ಟನ್* ಅದಿರು ಉತ್ಪಾದನೆಗೆ ಹೂಡಿಕೆ (http://www.udayavani.com/news/152276L15-%E0%B2%95-%E0%B2%97-%E0%B2%B0-%E0%B2%95-%E0%B2%97%E0%B2%B3-%E0%B2%97-%E0%B2%97--%E0%B2%AE-%E0%B2%B2%E0%B2%B8-%E0%B2%95%E0%B2%B0-%E0%B2%AF-%E0%B2%85%E0%B2%AD-%E0%B2%B5-%E0%B2%A6-%E0%B2%A7--%E0%B2%B5-%E0%B2%A7-%E0%B2%AF%E0%B2%95--%E0%B2%B8-%E0%B2%8E-.html)

An agreement is signed by a Russian company for mining in Kudremukha.

How this company is going to mine when there is a ban on mining in Kudremukha? Are they going to convince the government arguing that they have got a green mining technology by which they can extract ore without harming eco system?