Mysore :
The Mysore Industries Association on Monday sought the intervention of Congress MLA Vasu to get requisite funds to set up an exports centre in Mysore, which, it said, will boost investment prospects in the area.
The association asked the Chamaraja MLA to get funds allocated in the budget and also extend Rs 20 lakh from MLA local area development funds so that the project is implemented without any delay.
Members of the association, who are rooting for the creation of the centre since five years, said the Visvesvaraya Inustrial Trade Centre (VITC), a unit under the department of industries and commerce, is planning to set up the centre at the District Industries Centre (DIC) though a plot in Hebbal industrial area is reserved for the proposed project.
The association drew the attention of Vasu during an export promotion and awareness programme on export credit insurance in India jointly hosted by the VTPC, DIC in association with Karnataka Small Scale Industries Association and Mysore Industries Association.
Vasu said he will approach chief minister Siddaramaiah on the issue but also stated to the stakeholders in industrial development that there are other priorities. The association pointed out that Mysore region has potential for industrial growth given the availability of land and water, the two basic components for industrial development. They said Mysore region has 25,000 micro and small industries and some 100 medium and major industries arguing the case for setting up of the export centre. In their representation, they said the project promoted by the MIA was announced in the 2010-11 budget, which was followed up with sanctioning of Rs 30 lakh during last fiscal. The funds were released by the Karnataka Industrial Areas Development Board (KIADB) through VTPC. The project is estimated to cost Rs 6 crore and MIA is proposing to fund Rs 1 crore for the project and seeking assistance from the state pointing out that the Centre will extend financial assistance too.
During the meeting, industry leaders threw light on exporting and the requirements for export to businessmen from small and medium enterprises. Export is one area in which the small scale industries has made rapid strides in Karnataka, B P Shashidhar, president, Karnataka Small Scale Industries Association (KASSIA) said. The growth rate of exports from small scale industries from Karnataka is significant, he said.
Karnataka’s contribution to the export of electronics, IT, textiles and garments, silk , processed foods and handicrafts has been quite impressive, he said, adding the state’s export policy has helped in this.
Shashidhar underlined the importance of entrepreneurs asking them to update their knowledge, which, he pointed, can be achieved by visiting trade fairs. Participation in domestic and international exhibition every year will be a rewarding exposure. It will widen the entrepreneurs contact network, he added.
VITC deputy director Shariff spoke about the basic requirements for exports.
source: http://www.articles.timesofindia.indiatimes.com / The Times of India / Home> City> Mysore / TNN / July 02nd, 2013