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4,000 acres of land to be acquired in and around Mysore

Staff Correspondent

Government sees huge demand by industries

  • Mysore emerging as investment destination
  • KIADB asked to identify land for acquisition
  • Special economic zone for industries planned near Nanjangud
  • Investors' Meet to coincide with Dasara festivities
  • 1.5 lakh to 2 lakh residential sites also to be created
  • Blueprint for Mysore's growth to be prepared

    MYSORE: Anticipating a huge demand for land around Mysore, which is fast emerging as an investment destination, the Government is planning to acquire 4,000 acres of dry land in the vicinity of the city.

    Mysore district in-charge Minster Tanvir Sait told The Hindu that he has instructed officials of the District Industries Centre and the Karnataka Industrial Areas Development Board (KIADB) to conduct a survey on the availability of land.

    Special economic zone

    The Government proposes to start a multipurpose special economic zone for large, medium and small-scale industries on 2,500 acres near Nanjangud to the south of Mysore. "Union Government guidelines state that special economic zones cannot come up on land less than 2,500 acres, " he said.

    A survey to identify dry land in the arc from Krishnaraja Sagar Road to the Mysore-Bannur road will also start soon. "The area identified for acquisition will extend into Srirangapatna taluk of neighbouring Mandya district. The idea is to acquire dry land instead of wetland for industrialisation," he said.

    Mr. Sait, who recently visited various places including Kolkata, Hyderabad and New Delhi along with Industries Minister P.G.R. Sindhia, said a lot of companies have evinced interest in investing in Mysore. "Investors have shown interest in Mysore for its salubrious climate, absence of labour unrest, the law and order situation and so on. The Investors' Meet in Mysore will surely be a big draw," he said.

    The Investors' Meet, scheduled to coincide with the Dasara celebrations in October, is likely to be held at Vidya Vikas Engineering College on the outskirts of Mysore. "We have tentatively identified the Vidya Vikas Engineering College as the venue for the Investors' Meet. The huge hall in the engineering college can accommodate an estimated 300 delegates with computer terminals and other infrastructure," he said.

    With Bangalore reaching saturation point, information technology (IT) companies are increasingly eying Mysore as the best alternative for investment. The scarcity of land in Bangalore has already triggered a shift to Mysore trend. IT giant Infosys has set up a software development and global education centre, a campus large enough to accommodate almost 10,000 people. Leading software developer Wipro is also among the industries that have sought land in Mysore.

    Residential sites

    Apart from the demand for land for industries, Mr. Sait said the Government is aware of the demand for residential sites in Mysore. "Keeping in mind the Comprehensive Development Plan (CDP) 2011, the Government is planning to create about 1.5 lakh to 2 lakh residential sites in Mysore," he said.

    He said a blueprint for Mysore's growth will be prepared soon in accordance with the CDP to ensure that "Mysore does not go the Bangalore way."

    He said the coalition government, which is promoting investment in the State's secondary cities, is committed to completing the Bangalore-Mysore Infrastructure Corridor (BMIC) project in addition to the four-lane Bangalore-Mysore highway and the airport at Mandakalli near here.

    Corpus to be created

    He said a corpus will be created from the sponsorship received for the Dasara festival this year. The amount will be canalised for the doubling of the Mysore-Bangalore railway line. "The sum will be handed over to the Chief Minister to help the Government mobilise funds for its share of the expenditure on the project," Mr. Sait said.

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