‘It will be a boon to develop the industrially backward Kodagu district’
The proposed Coorg Investors Meet (CIM), a business development summit, scheduled to be held in Madikeri on December 18, is expected to attract Rs. 750 crore to Rs. 1,000 crore investments in various non-polluting industries from over 60 entrepreneurs, president of the Federation of Karnataka Chamber of Commerce and Industries (FKCCI) K. Shivashanmugam said here on Tuesday.
It would be a boon to develop the industrially backward Kodagu district, Mr. Shivashanmugam told presspersons here. The FKCCI was facilitating a platform for the State government and private sector in fields such as IT, BT, tourism, garment, food processing, and education sector to interact with the participants. Establishing coffee technology park, promoting tourism, developing horticulture, popularising beekeeping, and setting up cold storage facilities for vegetables and flowers had good scope in Kodagu.
All the industries proposed to be set up would not have any adverse impact on the environment of the district, he said.
These industries would generate employment for local people in a big way and help farmers make over their lands for developing industries, Mr. Shivashanmugam said. Educational institutions, especially residential, would prevent youth from leaving Kodagu in pursuit of studies.
The FKCCI intended to remove the regional imbalances with regard to industrial development and account for the prosperity of the district, he said. Senior vice-president of the FKCCI R. Shivakumar endorsed his statements.
The participants from the State government and its agencies, investors, the representatives of the FKCCI, Mysore Chamber of Commerce and Industry, KIADB, KSSIDC, MSME, bankers, and New Mangalore Port Trust (NMPT) would participate in the CIM and offer suggestions to the people who would want to set up industries in the district,
Many farmers in Kodagu had come forward to offer lands to set up industrial units, Mr. Shivashanmugam claimed.
The Mysore-Kushalnagar survey for rail links had been completed. Railway line would be a boon to the people of Kodagu, he said. The meet would culminate after a session on business opportunities in which the NMPT officials would make a presentation on export facilities. Mr. Shivashanmugam agreed to a point that the road infrastructure was poor in Kodagu apart from shortage of electricity and water, the vital ingredients for industrial development. The State government had agreed to address the issue after the FKCCI had spoken to the Chief Minister, Jagadish Shettar and Industries Minister, Murugesh Nirani, he said. A session proposed to be held in the CIM would focus on the road connectivity from Kodagu to Kerala. That the State Government intended to come up with a mini airport in Kodagu for which lands had been identified in Somwarpet taluk was a god augury, he stated.
The president of the MCCI, Sudhakar Shetty, said that Yadgir and Bellary districts, supposed to be industrially backward, would be considered next for holding investors’ meet.
‘The FKCCI wants to remove the regional imbalances with regard to industrial development’ The December 18 meet is expected to generate 10,000 jobs for local people: Sudhakar Shetty
‘The FKCCI wants to remove the regional imbalances with regard to industrial development’
The December 18 meet is expected to generate 10,000 jobs for local people: Sudhakar Shetty