M&M may set up unit at Dharwad

M & M may set up unit at Dharwad

BS Reporter | 2010-08-03 01:50:00

Mahindra and Mahindra, and a few other industries have expressed their willingness to establish their units at Dharwad. Minister for large and medium industries Murugesh Nirani said an earth-moving equipment unit with an investment of Rs 500 crore would be set up at Dharwad.

Nirani told Business Standard here on Monday the Baba Kalyani group was planning to shift its proposed unit in Bangalore to Dharwad. Hero Honda which proposed to produce 100,000 vehicles per annum at its proposed plant at Dharwad to be set up over an area of 500 acres, had decided to produce 200,000 vehicles, Nirani said.

The government will introduce a new scheme — Udyoga, Uddime (employment, industry) to make rural youths employable. Separate offices will be established at Gulbarga, Belgaum, Mysore and Bangalore divisions to implement the scheme effectively.

The Centre will join the state in sponsoring the scheme. Stating Karnataka’s share in India’s exports was 13.3 per cent, Nirani said, efforts were being made to stabilise export ratio.

Earlier, Nirani inaugurated the computerised trade information centre of the Vishweshwaraiah Industrial Trade Centre (VITC) and National Centre for Trade Information (NCTI) at the district industries centre premises in Dharwad and participated in the founders’ day programme at the Karnataka Chamber of Commerce and Industries at Hubli.