Karnataka bats for investments in ESDM sector

News Network
June 3, 2020

Bengaluru, Jun 3: Deputy Chief Minister CN Ashwath Narayan on Tuesday invited investors in the Electronics System and Design Manufacturing (ESDM) sector to Karnataka, as the state contributes 64 per cent to the sector's total exports from the nation.

During a video conference organised by Invest India for a few select states with leading ESDM players across the globe, Narayan said, "We are the largest chip design hub and home to 70 per cent of India's chip designers."

Karnataka has introduced industry-friendly policies from the beginning and it continues to be the leader in attracting technology-specific investments, he added.

"Karnataka has an estimated GSDP of almost USD 220 billion. We were the first to come out with IT, BT, ESDM, and AVGC (Animation, Visual Effects, Gaming, and Comics) policies to give a push to the growth of the technology sectors and innovation. We also have vibrant automobiles, agro, aerospace, textile and garment, and heavy engineering industries," Narayan explained.

"We have created sector-specific SEZs for key industries such as IT, biotechnology and engineering, food processing and aerospace,'' he said.

However, the state government is planning ahead as it has initiated talks with other countries.

"We have held multiple consultations with the private sector to seek inputs for returning to business as we ease the COVID-19 lockdown restrictions. We are also initiating dialogue with countries across the globe to understand future plans for their companies in the post COVID era and discuss how the Karnataka government can support that," the Deputy Chief Minister stated.

"Karnataka has attracted cumulative FDI inflows in the state from 2000 to 2019 which were recorded at USD 42.3 billion," he said.

Referring to the Karnataka ESDM policy 2017-2022, Narayan further said, "We aim to stimulate the growth of 2,000 ESDM start-ups during the policy period and create 20 lakh new jobs by 2025.

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News Network
March 12,2024

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Mangaluru, Mar 12: The PM today virtually flagged off the extended service of Mangaluru Central and Thiruvananthapuram Central Vande Bharat Express through video conferencing. Though, the train does not operate service on Tuesdays, there was a special service on Tuesday from Mangaluru to Thiruvananthapuram, after the official inauguration in the morning at 9.15.

Dakshina Kannada MP Nalin Kumar Kateel, Mangaluru South MLA Vedavyasa Kamath were present among others at the Mangaluru Central Railway Station during the virtual event. 

Palakkad division has 24 One Station One Product (OSOP) stalls all over the division, and a Jan Aushadhi Medical Store at Palakkad Junction railway station. Functions are being organised at Palakkad Junction, Tirur, Kozhikode, Kannur, Kasaragod, and Mangaluru Central, with the presence of public representatives, prominent personalities, and the public.

In Palakkad division, OSOP stalls are functioning at 24 stations, with an average earning of Rs13 lakh per month. OSOP stalls are functioning in Pollachi, Palakkad, Shoranur, Ottappalam, Angadipuram, Nilambur, Pattambi, Tirur, Parappanangadi, Kuttipuram, Kozhikode, Koyilandi, Badagara, Tellichery, Kannur, Payyanur, Kanhangad, Kasaragod, Mangalore Central and Mangalore Junction stations.

The prominent products sold are honey, chocolate, millet, dry fruit, Kerala jute, eco-friendly products, chocolate, hill product, aloe vera gel, herbal powders, bamboo brush, neem comb, mango squash, juice, jam, pickle, rice, millets, coconut oil, saphalam cashew, peanut, pistachio, unniyappam, almond, jeeva honey, ghee, value-addition from jackfruit, Madhusree honey, Kammadi forest honey, value addition from rice, curry powder and karipetti/ palm jaggery.

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News Network
March 13,2024

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An LPG tanker overturned on the Bengaluru-Mangaluru National Highway 75 on Wednesday morning. 

According to police, the tanker overturned at a curve near Double Turn, on Shiradi Ghat road, in Sakleshpur taluk, as the driver lost control.

As there was LPG leakage due to the mishap, the authorities have closed the highway for vehicular movement, as a precautionary measure.

The Fire and Emergency Services personnel and police were rushed to the spot and taken precautionary measure to prevent any fire mishap.

Several vehicles have been stranded midway as the police have closed the road for traffic.

The police have been diverting vehicles plying between Bengaluru-Hassan-Mangaluru, Mangaluru-Hassan-Bengaluru on alternative routes.

According to Deputy Commissioner C Sathyabhama, the vehicular movement has been banned on NH-75, until Wednesday midnight.

The DC's order stated that the vehicle moving from Sakleshpur to Mangaluru will have to pass through Sakleshpur-Hanubalu-Mudigere to reach Mangaluru.

The vehicles from Bengaluru to Mangaluru will pass via Hassan-Bhuvanahalli Cross-Belur. The vehicles from Mangaluru to Bengaluru are diverted via Suliya-Sampaje route. 

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News Network
March 15,2024

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Bengaluru, Mar 15: Work from home to using toilets in malls, residents of India's 'Silicon Valley' Bengaluru are exploring all options to combat the unprecedented water crisis. People across various neighbourhoods have been forced to order food from restaurants and take bath on alternate days due to the water scarcity.

Even those in high-rise apartments equipped with water harvesting systems now find themselves reliant on water tankers for basic needs, leading to stringent usage restrictions.

Eateries are mulling over use of disposable cups, glasses and plates to avoid excess use of water.

Educational institutions are also feeling the pinch. Recently, a coaching centre in the city asked its students to attend classes online due to an 'emergency' for a week. Similarly, a school on Bannerghatta Road was also closed, asking students to attend classes online just like they did during the Covid pandemic.

Residents have come with up new methods to try and conserve water. With temperature rising, it is difficult to avoid a daily shower but they are left with no option but to take bath on alternative days, said Sujatha, a resident of KR Puram.

"What to do? Clean vessels, cook food, wash clothes....so, we have started using paper plates, that way we have cut down on our water usage. And we order food twice a week. We are using the washing machine only once in a week now," she said.

Some others have resorted to visiting a mall to take a shower or use the toilet facilities.

Lakshmi V, an IT professional living in Singasandra, has been requesting her firm to allow WFH option so that she and her family can temporarily shift to her native place in Tiruchirapalli in Tamil Nadu until the situation becomes better.

"If the situation persists, we are thinking of seeking a work from home option. We are planning to move to our native place in Tamil Nadu temporarily till rain arrives here," she said.

Bengaluru primarily gets its water supply from two sources - Cauvery river and groundwater. For most non-drinking uses, recycled water processed by sewage treatment plants is used. With no rain for a while now, the primary sources have been stretched to their limits. Bengaluru needs 2,600-2,800 million litres of water daily, and the current supply is half of what's required. The result is a daily struggle for the city's residents.

The brunt is also being borne by people living in the outskirts of Bengaluru, especially in 110 villages that were merged with the city in 2007.

The crisis has also turned into a political battle between the state's ruling Congress government and the opposition BJP with Lok Sabha just weeks away. While the BJP has held several protests blaming the government, the Congress has accused the BJP-ruled federal government of not providing financial assistance to drought-hit Karnataka.

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