Dakshina Kannada gets Rs 12K crore investment proposals

[email protected] (CD Network | Photos by Suresh)
January 12, 2016

Mangaluru, Jan 12: Leading companies including Mangalore Refinery and Petrochemicals Limited, Syngine and NRI tycoon BR Shetty on Tuesday proposed investments worth Rs 11,996.35 crore in Dakshina Kannada at an investors meet held in the city.

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Hosted by Dakshina Kannada district administration as a prelude to Invest Karnataka 2016— to be held at Bengaluru on February 3, today’s ‘Invest Dakshina Kannada 2016’ is considered as a super successful meet. However, all the memorandum-of-understandings are expected to be signed in Bengaluru meet.

As many as 33 proposals have been submitted to the department of Commerce and Industry and 13 investors have sought 1,251.50 acre land for investment. If all these investments were materialized, then it is expected to generate 4,665 employments in the coastal district.

While MRPL submitted three proposals worth Rs 10,000, Syngine proposed Rs 600 crore investment in pharmaceutical industry and sought 40 acre land at MSEZ. BR Shetty submitted two proposals with an investment to the tune of Rs 500 crore. He has sought 75 acres of land to set up Pharmaceutical and Wellness Spa and Boat Club and promised generation of 300 employments.

Sri Anagha Refineries Pvt Ltd promised Rs 110 crore investment in refinery of edible oil and is proposed to generate 150 employment. Government owned IOCL has sought 40 acre land for investing a sum of Rs 100 cr for LPG bottling plant and promised 400 employments. Promising 1,500 employments, Diya Systems Pvt Ltd, Mangaluru has proposed investments worth Rs 50 crore. It will set up IT centre and BPO Service on four acre land. Anita’s Aromatics has sought 10 acre land promising 100 employments after investing Rs 100 crore in perfumes production.

Other proposed investments are—Evermore Resorts India Pvt Ltd, Gurpura (Rs 45 crore in hotel industry) Sudhakar Pai, Mangaluru ( Rs 25 crore for steel manufacturing plant) Niyaz Sea Food Exports (Rs 20 crore on sea food). Precious Exports in cashew processing (Rs 12 crore), Medorganics India Pvt Ltd for manufacture of tablets and capsules (Rs 11.35 crore), Plant Tech International Ltd for manufacture of vacuum cleaning using super sucker vacuum trucks (Rs 8 crore), Jananial Enterprises for engineering industry (Rs 8 cr), Ganapathi R Hegde, Gujrath for water treatment chemicals (Rs 7 cr), Mariam Panels, Baikampady for panels and furniture (Rs 6.50 cr), Aquamater Solutions for water treatment (Rs 5.50 cr), Ayesha Panels for panels and furnitures (Rs 5 cr), Reliable Cashews Industries for processing of cashews (Rs 4 cr), Kanti Apparel for garment stitching and finishing (Rs 3.50 cr), Amaco Manufacturing and Industrial Service Pvt Ltd for manufacture of pigging foam (Rs 3 cr), Heramba Comforts, Thokkottu (hotel Rs 3 cr), GYPSY Wood Motels (hotel, Rs 3 cr), Sai International Pvt Ltd , Puttur (hotel, Rs 3 cr), Vikram Residency, Puttur (hotel, Rs 3 cr), Vivek Traders (Ayurvedic medicine Rs 3 cr), Bayline Plastic Industries for manufacture of plastic bag and allied products (Rs 2.50 cr) and Sanctum Dental Spa, Someshwar (health tourism, Rs 2 crore).

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Comments

Munnabhai
 - 
Wednesday, 13 Jan 2016

We urge the concerned authorities to look in to the status of Mangalore Roads and improve the conditions of transport and everything else will fall in place. Basic infrastructure is must for any city to develop.

Salman
 - 
Tuesday, 12 Jan 2016

Welcome Amaco group to Mangaluru. Happy to know that you are investing in Dakshina Kannada

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coastaldigest.com news network
December 2,2025

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Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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News Network
December 7,2025

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Mangaluru, Dec 7: A rare bamboo shrimp has been rediscovered on mainland India more than 70 years after it was last reported, confirming for the first time the presence of Atyopsis spinipes in the country. The find was made by researchers from the Centre for Climate Change Studies at Sathyabama Institute of Science and Technology, Chennai, during surveys in Karnataka and Odisha.

The team — shrimp expert Dr S Prakash, PhD scholar K Kunjulakshmi, and Mangaluru-based researcher Maclean Antony Santos — combined field surveys, ecological assessments and DNA analysis to identify the elusive species. Their findings, published in Zootaxa, resolve decades of taxonomic confusion stemming from a 1951 report that misidentified the species as Atyopsis moluccensis without strong evidence.

The shrimp has now been confirmed at two locations: the Mulki–Pavanje estuary near Mangaluru and the Kuakhai River in Bhubaneswar. Historical specimens from the Andaman Islands, previously labelled as A. moluccensis, were also found to be misidentified and actually belong to A. spinipes.

The rediscovery began after an aquarium hobbyist in Odisha spotted a shrimp in 2022, prompting systematic surveys across Udupi, Karwar and Mangaluru. Four female specimens were collected in Mulki and one in Odisha, all genetically matching.

Researchers warn the species may exist in very small, vulnerable populations as freshwater habitats face increasing pressure from pollution, sand mining and infrastructure development. All verified specimens have been deposited with the Zoological Survey of India for future reference.

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