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Hans India
4 days ago
- Business
- Hans India
Karikad identified for world-class logistics hub under state's new industrial policy
Mangaluru: The Karnataka government has identified Karikad near Mangaluru as the site for a proposed multimodal logistics park that will support the state's freight movement and export-driven industries. This move comes under the Industrial Policy 2025–2030, aimed at creating world-class infrastructure for industrial growth. Speaking during a site visit on Thursday, Dr. S. Selvakumar, Additional Chief Secretary, Commerce and Industries Department, said that the location was strategically chosen for its connectivity to New Mangalore Port, railways, and highways. 'This is part of Karnataka's vision to improve logistics efficiency and reduce the cost of doing business,' he said. The park will be designed to handle a wide range of freight and will include warehousing, cold storage, and container handling facilities. It is expected to benefit sectors such as agriculture, manufacturing, and pharmaceuticals. The government team included officials from KIADB, New Mangalore Port Authority, and other logistics experts, who assessed site readiness and infrastructure potential. The park is likely to be integrated into the PM Gati Shakti Master Plan, which aims to create a seamless multi-modal transport network across the country. Officials said steps are being taken to expedite approvals and begin land acquisition. The logistics park is expected to generate employment, attract public-private partnerships, and improve the state's competitiveness in the global supply chain.
News18
4 days ago
- 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.
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Business Standard
01-07-2025
- Business
- Business Standard
Chhattisgarh secures ₹1.25 trillion in investments at state industry event
Chhattisgarh received investment proposals of Rs 1.25 trillion in various sectors on Tuesday, boosting the cumulative value of such offers to more than Rs 6.75 trillion over the past 18 months. The latest investment proposals were finalised in the presence of Chief Minister Vishnu Deo Sai at the 'Industry Dialogue 2' event organised by the state Commerce and Industries Department, an official release stated. These investment proposals for diverse sectors, including information technology, semiconductors, healthcare, green energy and logistics, reflect a strong and growing confidence among investors. "Once known for its forests and mineral resources, Chhattisgarh has now been emerging as a hub of opportunity and innovation, and one of India's fastest-growing industrial hubs. Chhattisgarh is no longer just a land of minerals, but a land of potential. "We are bringing remote regions such as Bastar into the mainstream of development. Investors today are getting stability, security, and swift decision-making," Sai said on the occasion. He stated that places like Bastar, once focused on security, have been transforming into hubs of industry, technology, and jobs. This progress is a clear step toward realising Prime Minister Narendra Modi's vision of a developed India. He said the recently implemented Industrial Policy 2025 has played a crucial role in making Chhattisgarh a natural destination for investors. The key features of this policy include a single-window system 2.0, over 350 reforms, fast-track land allotment, auto-approval mechanisms, and special incentives for women entrepreneurs, SC/STs, third gender persons, and rehabilitation of surrendered Naxalites. Under the Industrial Policy, Chhattisgarh's first Special Economic Zone (SEZ) is proposed near Raipur, with a focus on IT, pharmaceuticals, and electronics manufacturing. The SEZ will offer plug-and-play infrastructure, subsidised land, and rapid administrative clearances- designed to attract significant foreign direct investment and enhance the state's export-oriented growth model, the chief minister said. He said the government has accorded industrial status to the tourism sector and is making efforts to develop tribal regions such as Bastar and Surguja as heritage and eco-tourism hubs. Mega projects, such as a 200-acre medical city and a 142-acre pharma hub in Nava Raipur, are being rolled out to boost healthcare infrastructure, employment, and sectoral investment. The chief minister also highlighted salient features of the Chhattisgarh Logistics Policy 2025, which was approved by the state cabinet on Monday. This policy aims to transform the state into a national logistics hub, with a special focus on tribal areas. In districts including Bastar and Surguja, the government plans to develop logistics parks, cold chains, transport centres, and air cargo facilities. Companies investing in these regions will receive 10 per cent additional grants and up to 40 per cent infrastructure support, he said. The state government highlighted its success in eradicating the Naxalite menace. "Once synonymous with Naxalism, Bastar is now scripting a new story of peace and progress. In the past 18 months, 435 hardcore Naxalites have been neutralised, 1,457 surrendered, and 146 have been arrested", the government stated. Through the Niyad Nellanar Yojana ('your good village' scheme), remote villages are now connected with roads, electricity, education, and healthcare. Notably, Belkapalli village received electricity after 77 years, and roads have been constructed to Puvarti, the native village of dreaded Naxal commander Hidma, the statement said. On the infrastructure development front, the Chhattisgarh government has allocated Rs 9,500 crore, including Rs 2,000 crore for road construction, for the financial year 2025-26, it said. Envisioning net-zero carbon emissions by 2070, Chhattisgarh has been prioritising green steel production, solar power expansion, and sustainable industrial zones. The government stated that it aims to increase Chhattisgarh's Gross State Domestic Product (GSDP) from Rs 5.68 trillion in 2024-25 to Rs 6.35 trillion by the end of the current financial year. The state's growth rate of 7.5 per cent remains above the national average.
The Hindu
22-06-2025
- Politics
- The Hindu
Deputy Director of Mines and Geology Krishnaveni suspended
The State government has suspended Krishnaveni, Deputy Director of Department of Mines and Geology, Dakshina Kannada, who was arrested by Lokayukta police here on May 28, 2025 on the charge of accepting bribe of ₹50,000. In the order on June 21, Under Secretary (Mines-2), Commerce and Industries Department, H.M. Manjunath, said Krishnaveni was suspnded, pending departmental inquiry, with effect from May 28. The Lokayukta police said she was caught accepting bribe of ₹50,000 through department's driver Madhu. This was related to granting permission for levelling 0.35 acres of 1.39 acres of land in Ira village of Ullal Taluk. Krishanveni had asked R. Pradeep Kumar, the first division assistant in her office, to take ₹50,000 from the applicant for signing on the file. Apart from Krishnaveni, the Lokayukta police arrested Pradeep Kumar and Madhu. Krishaveni was released from Mangaluru prison on June 16. Director of Mines and Geology ordered suspension of Pradeep Kumar with effect from May 31. He wrote to the government for suspending Krishnaveni as she was in prison for more than 48 hours since her arrest. He quoted Rule 10(2) of Karnataka Civil Services (Classification Control and Appeal) Rules 1957, which states that an official will be deemed to be under suspension by the order of appointing authority with effect from the date for detention if the period of detention was beyond 48 hours. Meanwhile, Ms. Krishnaveni filed a writ petition seeking quashing of the case against her. She also sought an interim relief of stay of investigation of the case and direction to government not to make any alteration in the service conditions. The High Court on June 13 granted stay and directed government not to alter service conditions till next date of hearing. In the June 21 order, the Under Secretary said placing the officer under suspension was as per rules and it will not be alteration to service conditions.
