Bangalore ranked India's top business destination, Mangalore at 13th place

coastaldigest.com news network
October 23, 2013
New Delhi, Oct 23: Bangalore, known as India's silicon city, has been ranked as the country's top business destination, followed by Chennai, Mumbai and Pune in terms of infrastructure, human capital, city culture and basic quality of living, says a survey.
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The list also includes Mangalore at 13th place based on based on factors such as human capital, energy, water, transport, housing, healthcare, climate, office space availability and city culture, which constitute the basic eco-socio-economic parameters critical in determining the growth of the city.

While Delhi does not figure on this list, Noida and Gurgaon from the National Capital Region have been ranked 17th and 19th respectively.

The survey, conducted by Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, also found that smaller cities like Indore (5th), Bhubaneswar (6th) and Coimbatore (7th) are competing with top metros in the race to be ideal business destinations.

The list includes a total of 21 top business destination in the country. Ahmedabad has been ranked 8th, followed by Nagpur at 9th and Kochi at the 10th place.

Commenting on the findings of the report, GIREM Chairman, Sankey Prasad, said that few of the top 21 business destinations in India are already established while others have the potential to emerge major business destinations.

“The ranking provides companies across industries and sectors with insights for future investment opportunities,” Prasad added.

“With the metros already bursting at their seams, it is important to have options that are fresh for investments and conducive for business operations,” DTZ Chief Executive, Anshul Jain, said.

Jain further noted that “in order to relieve the burden on the established metro cities, it becomes all the more important to encourage the Tier II cities to grow up to their potential so as to meet a twin objective of decongesting metros and nurturing talent in Tier II cities.”

The others in the list include Chandigarh at 11th place, followed by Hyderabad (12), Vadodara (14), Jaipur (15), Kozhikode (16), Kolkata (18), Navi Mumbai (20) and Visakhapatnam (21).

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News Network
March 19,2024

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Bengaluru, Mar 19: Former Karnataka Chief Minister Basavaraj Bommai on Monday said that the Congress will split in three months after the upcoming Lok Sabha polls and its impact will be visible on the Siddaramaiah-led state government.

"Due to internal squabbles, the state government will not last long," the BJP leader said.

Talking to reporters on Monday, he said the sitting MP from the Gadag-Haveri constituency, Shivakumar Udasi, has done a lot of development work and implemented the Central government's schemes effectively.

"Prime Minister Narendra Modi will surely become the PM for the third time. The overall response has been good in the Gadag-Haveri Lok Sabha constituency," the former Karnataka chief minister said.

Asked if he was contesting the election in a half-hearted manner in the Gadag-Haveri seat, Bommai said "such a question does not arise when the party's high command gives instructions".

He said he would respect his opponent and not take anyone lightly. 

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News Network
March 17,2024

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Beltangady, Mar 17: A three-year-old boy was crushed to death under the wheels of an auto-rickshaw in front of his house at Panakaje Mundadi in Belthangady taluk of Dakshina Kannada. 

The gut-wrenching tragedy took place on Saturday, March 16 morning when the boy ran out of home to the road. 

The victim has been identified as Kaushik, the son of Chandrashekhar and Usha couple. Their home is situated adjacent to the main road at Panakaje.

It is learnt that the auto-rickshaw failed to notice the boy who suddenly darted towards the road and hit him. 

Even though the injured boy was rushed to a private hospital in Ujire and later to Mangaluru, he breathed his last. 

The Beltangady traffic police have registered a case in connection with the incident.

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News Network
March 16,2024

Mangaluru: In the wake of complaints regarding middlemen menace, sleuths of Lokayukta on Friday, March 15, conducted a raid at the Mangaluru Urban Development Authority. 

The Lokayukta team found unaccounted money and several files, which were not disposed of for a long period.

Lokayukta SP CA Simon said that the Lokayukta has received complaints that middlemen have been interfering in the MUDA office, and files pertaining to the public are not being cleared on time.

A raid that commenced in the evening on March 13, lasted for 18 hours. During the raid, Lokayukta officials found cash in a bag in MUDA office, and also with officials and others. MUDA officials could not inform the source of money found in their office, the SP said.

Further, he said that many people gathered at the MUDA office during the Lokayukta raid, and have raised complaints about the harassment at the urban development authority. “We have gathered evidence for MUDA officials carrying out file disposal processes through brokers on phone calls. The investigation on the MUDA network will be continued,” he said.

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