Latest news with #CIIMangaluruInfrastructureandLogisticsSummit
News18
25-07-2025
- Business
- News18
Karnataka identifies Karikad in Mangaluru for multimodal logistics park
Mangaluru (Karnataka), Jul 25(PTI) As part of its ambitious Industrial Policy 2025-30, the Karnataka government has identified Karikad near Mangaluru as a key location for developing a world-class multimodal logistics park to facilitate freight movement and industrial growth, officials said on Friday. S Selvakumar, Additional Chief Secretary, Commerce and Industries Department, said that Karikad's strategic proximity to the Mangaluru Port, railway infrastructure, and national highways makes it an ideal site. 'The park will serve as a crucial node in the state's logistics corridor, connecting coastal Karnataka with the hinterland," he noted. Speaking at the CII Mangaluru Infrastructure and Logistics Summit here, Selvakumar said the proposed park is expected to ease freight transport, reduce turnaround time for goods movement, and provide dedicated infrastructure to support Karnataka's growing manufacturing and export sectors. Selvakumar visited the site along with senior officials from the Karnataka Industrial Area Development Board (KIADB), New Mangalore Port Authority, and other departments to assess feasibility. According to officials, the government is working closely with various stakeholders to ensure the development aligns with global logistics standards and environmental norms. The park is also expected to create employment opportunities and attract private investment in the warehousing and logistics sectors. The project falls under the Centre's PM Gati Shakti scheme and is aimed at improving overall supply chain efficiency. Senior officials said land acquisition and project design will begin soon, and the government plans to expedite clearances to enable early implementation. PTI COR AMP ROH view comments First Published: July 25, 2025, 16:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
The Hindu
24-07-2025
- Business
- The Hindu
Inability to solve connectivity problem of coastal Karnataka for decades reflects poorly on State: NMPA Chairman
New Mangalore Port Authority (NMPA) Chairman A. V. Ramana on July 24 dwelt on the long-pending connectivity problems between the rest of Karnataka and the 'west of Karnataka', thereby hindering development in the coastal region. Delivering the keynote address at the CII Mangaluru Infrastructure and Logistics Summit organised by Confederation of Indian Industry, Mangaluru district, in Mangaluru, he said, 'Every year, we are discussing [about the connectivity issue]. Is there any progress?' Issue within Karnataka Stating that Karnataka has good connectivity with neighbouring States — Maharashtra, Goa, Telangana, Andhra Pradesh, Tamil Nadu, and Kerala, Mr. Ramana lamented that the connectivity problem lies within the State. Mangaluru-Bengaluru National Highway 75, and Mani (Mangaluru) - Mysuru NH 275 have been in various stages of development for the past many years. These highways often are closed during heavy rains. The Mangaluru-Hassan rail connectivity too gets disturbed during heavy rains. In such a situation, air fares between Mangaluru and Bengaluru shoot up, going up to ₹10,000 per person. 'How do you expect a common man to travel?' Maintaining that infrastructure has to be developed in a systematic manner, Mr. Ramana denounced the practice of piecemeal infrastructure development. 'I would not say there is no development. However, proper connectivity to the coast would have ensured accelerated development,' the Chairman said. Development of Mangaluru port Maintaining that infrastructure development would not help just the port, but a cross section of the population, Mr. Ramana said, amid several constraints, the NMPA could enhance cargo handling from 34 million tonnes to 46 million tonnes in the past five years. Its profit after tax rose from ₹110 crore to ₹550 crore. Had there been adequate connectivity, the port could have handled over 65 million tonnes of cargo with additional PAT of at least ₹150 crore, he said. Karnataka is No. 1 in GSDP Without delving into the specific infrastructure and logistics issues of the region, Principal Secretary to Industries and Commerce Department of Karnataka S. Selva Kumar said the State has a lot to do in the manufacturing and logistics sectors. Stating that the government is promoting industrial and infrastructure growth in a sustained manner, he maintained that the government is following inclusive growth through the 'Beyond Bengaluru' initiative. 'We are No. 1 in per capita gross State domestic product (GSDP), and No. 2 in attracting foreign direct investment,' Mr. Kumar said. Dakshina Kannada Deputy Commissioner H. V. Darshan and CII Mangaluru Chairman Nataraj Hegde also addressed the gathering.
