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
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 1,2025

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Udupi, Dec 1: A horrific case of alleged rape has unfolded in Udupi, where a worker from a Hindutva organisation, previously arrested and released on bail for harassing a young woman, is now accused of waylaying and sexually assaulting her.

The arrested individual has been identified as Pradeep Poojary (26), a member of the Hindu Jagarana Vedike's Nairkode unit in Perdur.

Poojary had allegedly been relentlessly harassing the young woman, pressuring her to marry him. When she bravely stood up to him and refused his demands, she filed a formal complaint at the Hiriyadka police station. He was subsequently arrested in that initial harassment case but was later granted bail.

According to police reports, driven by the same malicious grudge, Poojary allegedly intercepted the woman again on November 29. While she was walking through a deserted area, the accused is claimed to have threatened her by grabbing her neck. When she again refused to marry him, he allegedly proceeded to rape her.

The survivor immediately informed her family about the traumatic assault. Following this, her parents lodged a complaint at the Udupi women’s police station.

Police arrested Poojary again and produced him before the court. He has since been remanded to judicial custody.

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News Network
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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