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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News Network
November 30,2025

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Mangaluru, Nov 30: A 22-year-old college student succumbed to her injuries at a private hospital in Mangaluru today, days after she was hit by a goods tempo while crossing a road in Padubidri.

The deceased has been identified as Preksha, a resident of Nadsalu Billitota in Padubidri. The fatal incident occurred as Preksha, who was returning home after completing her examination, attempted to cross the service road towards Mangaluru. She was struck by a goods tempo approaching from the Udupi side, causing her to fall and sustain a severe head injury.

Prompt action from local residents ensured she received immediate first aid before being rushed to a hospital in Mangaluru for specialised treatment. Despite medical efforts, she passed away while undergoing care.

Preksha was a student at Karavali College, Vamanjoor on the outskirts of Mangaluru city. The tragedy is compounded by the fact that she belonged to a financially vulnerable family, having previously lost her father. She is survived by her mother and brother.

A case related to the accident has been registered at the Padubidri police station, and an investigation is underway to determine the exact circumstances that led to the collision. The incident highlights the growing concerns over road safety, particularly on busy service roads, and serves as a tragic reminder of the human cost of traffic accidents.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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