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.

End of JNNURM Dream for Twin Cities, but in for UIDSSMT

The Government is planning to extend the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to some more cities in the country. It was proposed to include the following 28 cities/urban agglomerations with population of 5 lakh and above under the Urban Infrastructure and Governance (UIG) component of Jawaharlal Nehru National Urban Renewal Mission(JNNURM):

S.No.

Name of the State

Name of Town

1.

Andhra Pradesh

Guntur

Warangal

2.

Chattisgarh

Durg- Bhilai Nagar

3.

Gujarat

Bhavnagar

Jamnagar

4.

Karnataka

Belgaum

Hubli-Dharwad

Mangalore

5.

Kerala

Kozhikode

6.

Madhya Pradesh

Gwalior

7.

Maharashtra

Amravati

Aurangabad

Bhiwandi

Kolhapur

Solapur

8.

Orissa

Cuttak

9.

Punjab

Jalandhar

10.

Rajasthan

Bikaner

Jodhpur

Kota

11.

Tamilnadu

Salem

Tiruchirappalli

Tiruppur

12.

Uttar Pradesh

Aligarh

Bareilly

Ghaziabad

Gorakhpur

Moradabad

On account of resource constraints, these cities could not be included in UIG of JNNURM.

Public private partnership can play a significant role in supplementing Government’s efforts of building infrastructure in urban areas. JNNURM encourages urban loal bodies to use public private partnership for this purpose.

Request for inclusion under UIG of JNNURM have been received from a number of cities including Warangal, Karamsad, Gandhinagar, Hubli-Dharward, Gulbarga, Belgaum, Gaya, Biharshariff, Pawapur, Nalanda, Rajgir, Sultanpur-Lodhi, Kurkshetra- Pehowa, Gurgaon, Aurangabad, Vrindavan, Kurnool, Jodhpur, Gwalior, Guntur, Panipat, Bellary, Calicut, Darjeeling, Klimpong & Kurseong, Deoghar, Sambalpur, Dhule, Malegaon, Kolhapur, Port Blair, Kaithal, Siliguri, Haldia, Amravati, Solapur and all cities of Bihar with population above 2 lakh.

Cities that are not covered under this component are eligible for coverage under another component of JNNURM, namely Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT) subject to availability of funds.

This information was given by Shri Saugata Roy, Minister of State, Urban Development in reply to a question in Lok Sabha Today.

Global Investor's Meet, 3rd & 4th June 2010, Bangalore, INDIA

B’lore India Bio kicks off

B’lore India Bio kicks off

Bangalore, June 2, DHNS

The tenth edition of Bangalore Bio, annual biotech conference in India, Bangalore India Bio 2010, was inaugurated by Chief Minister B S Yeddyurappa here, on Tuesday.

Yeddyurappa said “The year 2010 is very significant for the conference as we are celebrating the 10th anniversary of Bangalore Bio. The event has pan-India significance and the new name ‘Bangalore India Bio’ itself indicates the same.”

Further, he said, the biotech sector in Karnataka enjoys comfortable position in terms of growth and revenues. The government has already announced several fiscal incentives and concessions for the sector in the ‘Millennium Biotech Policy.’ “We have also proposed a Bio-Venture fund of $10 million and also plan to start 10 BT finishing schools to groom the industry ready biotech professionals.”

The State government would set up biotech parks in Mysore, Mangalore, Dharwad and Bidar. Bio-cluster part of Bangalore Biotech Park would be developed in the PPP (Public Private Partnership) mode and the process of selecting the developer is in the final stage, he added.

Karnataka had added 11 BT firms over the 12 months while rest of India added 32 firms. The state attracted investments of Rs 1,500 crore in the last one year. The chief minister also handed over letter of intent to Manipal Institute of Life Science and Dayanada Sagar Institute to start Biotech finishing school.

Steady growth

Biocon CMD Kiran Mazumdar Shaw said the country’s biotech industry is on its growth trajectory. In the financial year 2010 the revenue from biotech sector was around was around $3 billion and the ancillary industries registered revenue of around $1 billion. She said the overall revenue from the sector was about Rs 18,500 crore which is about $4 billion and expect to cross the $5 billion mark soon.

Further, she said, climate change and clean energy were turning out to be huge opportunities for the sector. Karnataka constitutes 50 per cent of BT firms in India. Out of 380 BT companies in India, 198 are in Karnataka, she added.