March 03, 2010
Mohanlal to help tone up khadi sector
Actor Mohanlal has come forward to give a new lease of life to khadi and handloom sector. He has agreed to become the goodwill ambassador of the sector as per the request of Industries Minister Elamaram Kareem, said a statement issued here by T Balakrishnan, additional chief secretary, Industries Department.
The New Indian Express
February 26, 2010
More SMEs to start units at IGC in Kannur
Twelve small and medium entrepreneurs who will start their industrial enterprises at the Kerala State Industrial Development Corporation's (KSIDC) Industrial Growth Centre (IGC) at Valiyavelicham, near Koothuparamba, will be issued authorisation papers by Industries Minister Elamaram Karim at a function on February 25.
The Hindu
February 22, 2010
12 SMEs to get land in Kannur
Kerala industries minister Elamaram Kareem would distribute allotment letters to 12 enterprises under the small and medium industries category on February 25 at the Valiya Velicham Industrial Growth Centre in Kannur district.
Business Standard
February 22, 2010
Minister to convene meet for Trayons revival on March 1
Industries Minister Elamaram Karim will convene a meeting of the stakeholders of Travancore Rayons Limited, Perumbavoor, on March 1, with a view to discussing the future of the unit which had been remaining closed for over eight years.
The Hindu
February 20, 2010
Kerala sets a model in PSU revival: Elamaram Karim
Kerala has offered a new model for the whole country in rejuvenating public sector undertakings to spearhead economic progress, State Industries Minister Elamaram Karim has said.
The Hindu
February 20, 2010
Kerala to merge similar PSUs
The Kerala government proposes to merge some of the public sector undertakings (PSUs) under the department of industries in order to reduce overhead expenses and improve the overall efficiency.
Business Standard
February 20, 2010
PSUs urged to utilise possibilities of SEZ
In his presidential address, Industries Minister Elamaram Kareem said that the one-time settlement, offered by banks, had played a major role in the revival of sick PSUs.
The New Indian Express
January 26, 2010
Centre rider on land, a tall order: Kareem
The Centre’s stand that the state make available necessary land before projects are allotted, seems to be a demand not easy to meet for the state, according to Industries Minister Elamaram Kareem.
The New Indian Express
January 26, 2010
Funds promised
Industries Minister Elamaram Karim has said that Rs.2 crore will be allotted in the next State budget for the development of the palm fibre processing unit of Kelpalm.
The Hindu
January 26, 2010
Pressure on State for land: Karim
The Central government is exerting pressure on the State to provide land free for their projects here, Industries Minister Elamaram Karim has said.
The Hindu
January 24, 2010
Tax cuts costing State dearly: Finance Minister
Industries Minister Elamaram Kareem said the global financial crisis had severely affected the State’s traditional industries and tourism sectors. “Export of cashew nut, coir and spices has suffered. The tourism sector, which enjoyed 20 per cent growth rate, seriously suffered last year on account of a fall in the number of tourists.”
The Hindu
January 19, 2010
Tex Fair Kerala in Kannur brings all stakeholders under one roof
‘Tex Fair Kerala, 2010,’ being held here under the aegis of the Department of Industries and Commerce, aims at giving a new lease of life to the textile sector.
The Hindu
January 10, 2010
Kerala’s pledge to NRKs
The Kerala Government has announced that it is willing to develop an industrial park for nonresident Keralite (NRK) investors. State Industries Minister Elamaram Kareem said during the Pravasi Bharatiya Divas, "The government has accepted the demand made by the NRK business fraternity and is willing to develop an industrial park exclusively for them."
The New Indian Express
January 09, 2010
NRI investors in Kerala to push for state's development
Investors in Kerala including those based outside the country have decided to form a non-political grouping to push for economic development in the state, a NRI originally from Kerala said Saturday. Noted NRI industrialist P.N.C. Menon suggested the idea, which was supported by leading NRI investors including Gulfar Mohammadali, Ravi Pillai, C.K. Menon and M.A. Yusuff. Earlier in the day, Menon presented the idea before a meeting of non-resident Kerala investors attended by state Industries Minister Elamaram Kareem. Manorama Online
January 02, 2010
Service-on-call scheme launched
The Swabhiman service-on-call scheme to provide households with access to skilled labour was launched jointly by Industries Minister Elamaram Karim and Housing Minister Benoy Viswom here on Friday. The Hindu
January 02, 2010
VS: effort to make PSUs profitable
Chief Minister V.S. Achuthanandan launched the revived Kerala Soaps here on Friday. In his videographed inaugural speech played at the venue, Mananchira Square, Mr. Achuthanandan said that the government would continue to strive to make all the Public Sector Undertakings (PSUs) under the government profitable. He expressed confidence that the revived Kerala Soaps would script a new story of success leaving its grim past behind to inspire the remaining PSUs in the State. The Hindu
December 22, 2009
Clusters of small units can solve unemployment: Minister
Industries Minister Elamaram Karim has said that formation of clusters of small-scale enterprises will go a long way in mitigating rural unemployment. The Minister was addressing a meeting on Saturday to open a rural apparel park set up at Thalikkulam with the support of KINFRA and the Thalikkulam Vikas Trust. The Hindu
December 20, 2009
Solve conflicts, Karim tells managers
Roads will be developed to improve connectivity between tourist centres, Industries Minister Elamaram Karim has said. He was inaugurating a one-day workshop on the ‘Potential of responsible tourism with emphasis on health, art and culture — the way ahead’ organised by the Calicut Management Association (CMA) at Malabar Palace here on Saturday.
The Hindu
December 20, 2009
Reforms in single window system: Elamaram
Industry Minister Elamaram Kareem, today said that, single window system needs reforms to avoid the delay to implement plans in small-scale industries section.
Asianet
December 19, 2009
Decision on titanium complex soon
An appropriate decision to establish a titanium complex for the production of titanium sponge would soon be taken by the government in consultation with the Centre, Industries Minister Elamaram Karim said here on Wednesday.
The Hindu
December 19, 2009
Kerala PSUs benefit from policy impetus
Kerala's public sector units are indeed looking up after being in the red for long. The state government's innovative and pragmatic strategies in the last three years have enabled 16 loss-making PSUs in the state, including a few perennially sick ones, to become profitable.
Yahoo Finance
December 19, 2009
Controversies against State’s interests
Industries Minister Elamaram Kareem has said that the controversies regarding the setting up of a joint venture to produce titanium sponge are against the interests of the state. Inaugurating the silver jubilee celebrations of the Kerala Minerals and Metals Ltd., Chavara, on Wednesday, the Minister said that only the Russian company Rosoboron had shown the willingness to transfer the technology for the production of titanium sponge.
The New Indian Express
December 19, 2009
SSIs: govt for faster clearance through single window
The government will soon reform the single window system for clearance of small scale industrial units, Industrial minister Elamaram Karim said here.
Manorama Online
December 14, 2009
Bamboo floor tile unit to be set up soon
The State government has approved plans to set up a floor tile factory using bamboo. The unit, coming up with Chinese technology, is being established in Kozhikode, said the Minister for Industries Elamaram Karim here on Thursday.
The Hindu
December 13, 2009
Bamboo floor tile unit to be set up soon
The State government has approved plans to set up a floor tile factory using bamboo. The unit, coming up with Chinese technology, is being established in Kozhikode, said the Minister for Industries Elamaram Karim here on Thursday.
The Hindu
December 05, 2009
Minister says no to privatising PSU
State Industries Minister Elamaram Karim today said the State Government will oppose any move to privatise the Central PSU, Instrumentation Ltd at Kanjikode. NewKerala.Com
December 02, 2009
KSTC set to run Kerala Spinners
The State government on Monday took over Kerala Spinners, a joint sector spinning mill shut down in 2003 after it ran into losses. Industries Minister Elamaram Karim, presiding over the function, said new equipment would be purchased for the spinning mill and the existing ones repaired.
The Hindu
November 22, 2009
KSIDC—FACT ink pact for Rs 400 crore Convention Centre
A MoU for setting up a Rs 400 crore Trade and Convention Centre was signed here today by Kerala State Industrial Development Corporation and Fertilisers and Chemicals India Limited. The setting up of the Centre will pave way for a substantial jump in the investment in the business sector of the state, State Industries Minister Elamaram Kareem said. The Hindu
November 22, 2009
Kerala Gem and Jewellery show inaugurated
The second Edition of Kerala Gem and Jewellery Show (KGJS 2009), the only 'B2B Jewellery show' in the state, was inaugurated here today. "An industry-government exhibition will go a long way in developing the Gems and Jewellery trade in Kerala," Kerala Industries Minister Elamaram Kareem said, inaugurating the three-day show. PTI
November 21, 2009
Govt gives prime priority for the development of SME sector
Banks and other financial institutions have a very important role in assisting the development of the small and medium enterprise (SME) sector but advances made to the sector "is seen not encouraging", Kerala industries minister Elamaram Kareem said today.
DNA
November 17, 2009
Kerala govt showcases ‘revival’ of PSUs at Delhi conference
As Kerala beckons private investment — the state government organised a conference on Monday on the “resurgence of state -owned enterprises” in New Delhi on Monday — the CPM-led government is now trying to revive the sick PSUs first, essentially to convey a message that industries can function in the state despite the odds. Ironically, it is reining in unions and bringing in professional management to revamp the 40-odd PSUs.
The Indian Express
November 17, 2009
PSU revival finds appreciation
The success that Kerala has achieved in turning around nearly three-fourths of the Public Sector Units (PSUs) under the State Industries Department has come in for praise from academicians, experts and top bureaucrats.
The Hindu
November 15, 2009
Minister promises funds for Thiruvannoor mill
Finance Minister T.M. Thomas Isaac has promised immediate disbursement of a loan of Rs.15 crore to procure raw cotton and another loan of Rs.8 crore to purchase new spindles to help the Malabar Spinning and Weaving Mills at Thiruvannoor break even.
The Hindu
November 10, 2009
Success story on PSU revival
After successfully turning around several State public sector enterprises, the State Industries Department has decided that it is time to tell the world how it has nursed some of the once-reviled PSUs to robust health and what its outlook for the future is. The department plans to do this through a national conference on ‘Resurgence of State Owned Enterprises: The Kerala Experience’ in the national capital on November 16, an event that will showcase the success stories in PSU revival in Kerala before an elite audience comprising Ministers of the Union government and States, academics, senior civil servants and trade union leaders. The Hindu
October 19, 2009
Kerala will not clear projects affecting eco system
The Kerala Government would not clear projects without first looking into the environmental aspects and would at the same time ensure no project is held up in the name of environment, the State Industries Minister, Mr Elamaram Kareem, said here on Monday. Business Line
October 15, 2009
Birla Group plans Rs 4,000 cr Knowledge Park in Kerala
Kumar Mangalam Birla-led Aditya Birla Group plans to invest over Rs 4,000 crore in future technologies by setting up a Knowledge Park and a branch of the Birla Institute of Technology and Sciences (BITS) at Kozhikode in Kerala. Elamaram Kareem, Kerala industries and commerce minister, told Business Standard that the Knowledge Park, one of the largest of its kind in India, will come up on 320 acres of land at Mavoor in the suburbs of Kozhikode city on the site of a defunct pulp and fibre unit owned by Gwalior Rayons (now Grasim).
Business Standard
October 11, 2009
IT-enabled services for SSIs in all districts
Minister for Industry and Commerce Elamaram Kareem said ITenabled services being provided successfully to Small Scale Units in Malapuram would be made available to SSIs in all districts in the State. Inaugurating the State Government’s three-day Kerala Agri-Food Technology meet, with the cooperation of KAU, K-bip and KINFRA, he said the small-scale sector had made great strides, especially in the area of high technology components.
The New Indian Express
October 11, 2009
State to use IT services to promote small industries
Industries Minister Elamaram Karim has said the government plans to tap into the strength of IT-enabled Services (ITeS) to promote small industries. He was addressing the inaugural function of the Kerala Agri-Food Technology Meet at the Lulu International Convention Centre here on Friday. “The government is evolving a system by which all entrepreneurs can use IT-enabled services to reach the world and showcase their products. Small-scale industries, which need less land and generate plenty of employment, are ideal for the State. The government has made extensive arrangements, including ’client handholding’, to promote small industries,” he said.
The Hindu
October 01, 2009
Cabinet pins hope on Governor's ordinance
Finance Minister T M Thomas Isaac said that once the Governor issues an ordinance as per the recommendation of the Cabinet, a modern spinning mill will replace the Kerala Spinners Limited, which was shut d own in March 2 0 0 3 , at Komalapuram near here.. Industry Minister Elamaram Kareem, who inaugurated the function, said that if the ownership of the Spinners Company was handed over soon, a new spinning company will be star ted to function at Komalapuram within October 1, 2010.
The New Indian Express
September 18, 2009
Eviction to be minimal during land acquisition
A meeting convened by District Collector M Beena on Tuesday has decided not to evict those residing in the proposed area for the third phase development of Kerala Infrastructure Development Corporation (KINFRA) Park in Angamaly.
The New Indian Express
September 15, 2009
Agreement signed for gas pipeline network
The Kerala State Industrial Development Corporation (KSIDC) signed an agreement with Gas Authority of India Ltd. (GAIL) here on Monday for developing a State-wide gas pipeline infrastructure. Executive Director (Marketing) of GAIL J. Wason and Managing Director of the KSIDC Alkesh Sharma inked the agreement in the presence of Chief Minister V.S. Achuthanandan, Industries Minister Elamaram Karim, Finance Minister Thomas Isaac, Education Minister M.A. Baby, Revenue Minister K.P. Rajendran and Chairman and Managing Director of GAIL B.C. Tripathy at a function at the Secretariat.
The Hindu
September 04, 2009
Industrialization drive in Kerala
The apex single window clearance committee on industry headed by Kerala chief minister V S Achuthanandan would meet here on September 10 to take up investment proposals worth Rs 10,000 crore for consideration. Official sources said the 11-member committee, consisting of ministers and secretaries to various departments, was constituted to consider sanctioning big projects involving investment of more than Rs 100 crore.
The Times of India
September 02, 2009
Spinning mill gets a new lease of life
Chief Minister V.S. Achuthanandan formally reopened the State-owned Trivandrum Spinning Mill Ltd. at Balaramapuram, near here, on Monday by sounding the factory siren. Mr. Achuthanandan said industrial growth and development was one of the priority areas of the State government. “The State’s tourism sector registered a 15 per cent growth despite the global economic slump,” he said.
The Hindu
September 02, 2009
Balaramapuram spinning mill reopens
The collective efforts of the State Cabinet have helped the Public Sector Undertakings (PSUs) to become more efficient and profitable, Chief Minister V S Achuthandan has said. ``When the LDF Government came to power, only 12 PSUs in the state were functioning profitably. Now, with the collective efforts of all the ministers of the State Cabinet, this number has raised to 30,’’ V S Achuthandan said in his inaugural address at the re-opening of the spinning mill at Balaramapuram here on Monday.
The New Indian Express
August 31, 2009
Traditional sector on revival path
The traditional industries sector, especially handloom and khadi, is on the revival path. Onam is expected to give a major boost to their innovative production and marketing skills. Garnering strength from government support and the surging demand for the products, the sector is gearing up to meet the challenges in the global market.
The Hindu
August 30, 2009
New Dinesh Garments products
Industries Minister Elamaram Karim has said that the diversification initiative of the Kerala Dinesh Beedi (KDB) Central Cooperative Society has drawn good responses from the public. Inaugurating three new products of Dinesh Garments, a unit of the society, at a function here on Saturday, the Minister said the diversification drive of the Dinesh Beedi society to tide over the crisis following a steep decline in smoking in the wake of an anti-smoking campaign was a step to save the cooperative.
The Hindu
August 28, 2009
Invest Kerala Meet from today
The `Invest Kerala Meet’ being organised by the NRI Welfare Foundation will be held here on Friday and Saturday. Addressing a news conference, NRI welfare foundation chairman S. Zakir Hussain, KTDC chairman Cherian Philip and meet director M.R. Thampan said that Uthradom Thirunal Marthanda Varma, head of the Travancore royal family, will light the lamp to mark the beginning of the meet at Taj Residency at 4 p m. Tourism Minister Kodiyeri Balakrishnan will preside over the function. Industries Minister Elamaram Kareem will inaugurate the meet.
The New Indian Express
August 27, 2009
KSIDC conducting feasibility study: Minister
The State Government is exploring the possibility of a `north-south express railway corridor’, parallel to the existing one. The railway corridor is planned as an alternative to the North-South Express Highway project, which had to be shelved following public opposition. KSIDC is presently doing the feasibility study of the railway corridor. `If the railway corridor becomes a reality, the distance between Thiruvananthapuram and Kasargod could be covered in 4-5 hours,’’ Industries Minister Elamaram Kareem said, while delivering a lecture on `Managing My Department: Vision, Mission and Achievements’ organised by the Trivandrum Management Association here on Monday.
The New Indian Express
August 25, 2009
Bluestar Realtors told to resubmit proposal
The Industries Department has asked Bluestar Realtors to revise the proposal for Cyber City and resubmit it immediately. The decision was conveyed to Rakesh Kumar Wadhwan, chairman, Housing Development and Infrastructure Limited (HDIL), promoters of Bluestar Realtors. The new clearance cell headed by Chief Minister V.S.Achuthanandan will examine the proposal and take a decision. A decision is expected in three months. A delegation of Bluestar Realtors led by Wadhwan met Industries Minister Elamaram Kareem and Industries Principal Secretary T.Balakrishnan on Monday.
The New Indian Express
August 23, 2009
Industries should develop responsibility program
The industries, whether in the public or the private sector, should take care to implement corporate social responsibility programmes so that society can also benefit from industrialisation and development, according to Industry Minister Elamaram Kareem. He was speaking after inaugurating the function to distribute school uniforms to the students of the lower primary school at Kanjikode which was sponsored by the Steel Manufacturers’ Association of Kerala at a function held at the school on Friday.
The New Indian Express
August 21, 2009
Coconut's own country seeks ideas to reach the nuts
Kerala's coconut palm-fringed landscapes are a visual delight for tourists, but for local coconut growers the tall trees present
an inherent problem in the backdrop of a labour shortage: The trouble of reaching the nuts. And what better way to crack the problem than throwing a challenge with a cash prize for the right solution? Kerala industry minister Elamaram Kareem has announced a Rs 1-million prize for an innovative mechanism to harvest coconuts, and the Technopark Technology Business Incubator (T-TBI) here is ready for incubation support for such a venture.
The Economic Times
August 21, 2009
Govt to ensure fast clearance: Minister
Industries Minister Elamaram Kareem said that Government had decided to take steps to speed up granting clearance to facilitate large-scale investments in the state. Addressing a news conference here, he said that amendments would be introduced to the rules to achieve this.
The New Indian Express
August 21, 2009
School uniform distribution
The Steel Manufacturers’ Association of Kerala will distribute uniforms to 1,500 students of the Lower Primary and High School, Kanjikode. Industries Minister Elamaram Kareem will inaugurate the distribution ceremony at a function to be held at the school on August 21.
The New Indian Express
August 19, 2009
Services to come under single window
The government proposes to amend the Single Window Clearance Act to bring the services sector also under its purview, Industries Minister Elamaram Karim has said. Addressing a press conference here on Tuesday, he said there were complaints that clearances were not fast enough for new enterprises in the State. Although the investment climate in Kerala was the best in the country, the World Bank in a recent report had mentioned about delay in getting clearances here, he said.
The Hindu
August 18, 2009
FIT-Goderj Interio business alliance
Kerala Industries minister, Elamaram Kareem will officially inaugurate the business alliance between Forest Industries Travancore, Limited (FIT), a state government undertaking and Godrej Interio, a top furniture manufacturing firm, on August 21. Speaking to reporters here today, Dr B Sreekumar, Chairman and Managing Director, FIT said by working together both FIT and Godrej was hopeful of fully utilising the enormous market facilities in the furniture business sector.
Samay Live
August 07, 2009
Kerala clears payment of bonus to PSU employees
The Cabinet on Wednesday gave its clearance for payment of bonus to the employees of public sector units during the coming Onam season. The Chief Minister V. S. Achuthanandan told journalists that the minimum bonus would be 8..33 per cent as in the previous year. Festival allowance would be paid to employees of defunct public sector units.
The Hindu
August 07, 2009
UK investors plan to set up JWG with Kerala
The United Kingdom proposes to set up a working group with Kerala to promote mutual trade and investment, Jane Owen, Director, UK Trade and Investment, India said here on Thursday. Ms Jane and Robert Kelly, Deputy Head of Mission and Head of Commercial Section, British Deputy High Commission,Chennai, are in the State capital now interacting with trade and business representatives and Government officials in Kerala. Making a special address at the interactive seminar, State Industries Minister, Elamaram Kareem, said that UK investors should eye Kerala seriously for the leverage they could get here in terms of cheap and technically intelligent labour and a quality of life that was undeiably the best in the country.
The Hindu
August 07, 2009
Starting businesses in India easier now: IFC report
The latest report of the IFC and the World Bank has drawn a comparatively good picture of India as far as starting business in the country is concerned by saying it is easier to start and operate business now than it was three years ago in many large Indian cities. Not surprisingly, the cities at the bottom of the list are Kochi and Kolkata.
Businessline
August 07, 2009
Kerala, Britain to form joint business group
Kerala will form a joint working group with Britain to explore business opportunities in that country as well as attract foreign investments to the state. The decision to set up the joint business group was taken Thursday in a meeting between top Kerala officials led by Industries Minister Elamaram Kareem and a visiting British business delegation. Robert Kelly, deputy head of mission at the British Deputy High Commission in Chennai, led the British team which included members representing the UK Trade and Investment (UKTI).
The Times of India
July 31, 2009
Seminar on Indo-UK business partnerships
A seminar on Indo-UK business partnerships will be held here next week. Robert Kelly, Deputy Head of Mission at the British Deputy High Commission in South India, will lead the seminar. Industry Minister Elamaram Kareem will be the Special Guest of Honour at the seminar which will take place at the Taj Residency here on August 6. The New Indian Express
July 31, 2009
Move for land reclamation project dropped, says Karim
Industries Minister Elamaram Karim has said his department has backed out from the proposal to assign an expert committee under the Kerala Industrial Infrastructure Development Corporation (Kinfra) with the study of possibilities of land reclamation from sea owing to ‘unwanted controversies.’ He was inaugurating a development workshop, ‘Industrial growth of Kerala; challenges and progress,’ organised by the Kerala Union of Working Journalists (KUWJ) in association with the Industries Department and the Malabar Chamber of Commerce here on Thursday. The Hindu
July 27, 2009
MoUs signed for projects worth Rs 1,927 crore
The Focus Kerala World Investors’ Meet organised by the Kerala Chamber of Commerce and Industry (KCCI) is expected to generate an investment of Rs 3,978.15 crore. Memorandum of Understanding (MoU) to the tune of Rs 1,927.50 crore was signed at the meet. Discussions for implementing projects worth Rs 2,050.65 crore will be continued, said the organisers at the valedictory function of the event on Saturday. Meanwhile, in his keynote address, Industry Minister Elamaram Kareem said that the State Government would give clearance to the projects through a single window system. The New Indian Express
July 27, 2009
Need for investor friendly environment in Kerala
The Minister for Overseas Indian Affairs Vayalar Ravi on Saturday stressed the need to create an investor friendly environment in Kerala to ensure that more investment projects come to the state. Kerala Industries Minister Elamaram Kareem said private investments would be encouraged and opportunities would be given to medium and small enterprises. The Hindu
July 10, 2009
Components handed over to ISRO
Aerospace components produced by the Thrissur-based Steel and Industrial Forgings Limited were handed over to the Indian Space Research Organisation at a function here on Wednesday. Cylinder dome, acquisition device and dome closure made of titanium material for launch vehicles and the Chandrayan project were handed over.
The Hindu
July 10, 2009
Training for GKSF managers
A one-day training programmed for those identified as ‘master trainers’ for the Grand Kerala Shopping Festival (GKSF) will be inaugurated by Industries Minister Elamaram Karim here on Friday. The master trainers will help create awareness about the GKSF at the panchayat, taluk and district levels.
The Hindu
July 10, 2009
Vallarpadom terminal by November
The Vallarpadom container transhipment terminal is expected to be commissioned by November this year, Industries Minister Elamaram Karim has said. Replying to questions in the Assembly on Thursday, Mr. Karim said after the commissioning of the terminal, it would help industrialists in the country to earn annual profit of Rs.600 crore in terms of exports and imports.
The Hindu
July 08, 2009
Insurance scheme for Eloor residents
Members of 4,000 families from nine wards in the Eloor industrial belt will be brought under a special health insurance scheme with the assistance of the industrial units functioning there, Industries Minister Elamaram Kareem told the Assembly on Monday.
The New Indian Express
July 08, 2009
Seminar series inaugurated
Industries Minister Elamaram Kareem inaugurated the seminar series on Electronic Governance Approaches for Enterprises here on Monday. The seminar series is being organised jointly by the Kerala IT Mission, RIAB and C-DIT on behalf of the Information Technology and Industries Departments. The objective is to ensure that the PSUs are driven by state-of-the-art management systems.
The New Indian Express
June 27, 2009
Kerala to ask for more central public sector units
Kerala will ask the central government to set up more public sector units and centre-state joint ventures, Industries Minister Elamaram Kareem said. He said he would discuss the demands with Defence Minister A K Antony and Heavy Industries Minister Vilasrao Deshmukh. “During the previous government, Kerala got five joint ventures and three central public sector units. I am meeting these two ministers with proposals for more projects,” Kareem said.
Gulf Times
June 27, 2009
Kerala seeks more central public sector units
Kerala will ask the central government to set up more public sector units and centre-state joint ventures in the state to spur its industrial development, Industries Minister Elamaram Kareem said Friday.
Calcuttanews.net
June 24, 2009
State PSUs making progress: Kareem
The State public sector units (PSUs) are moving on the track of progress in the last three years, said Industry Minister Elamaram Kareem here on Tuesday. Inaugurating the commencement of the joint- venture of the TELK and the NTPC, he said that when the LDF Government assumed office three years ago, the PSUs were on the brink of winding up as there was no upgradation, diversification and proper marketing of products.
The New Indian Expres
June 23, 2009
NTPC buys 44.6% stake in Kerala firm for Rs 31.34 cr
State-run power major NTPC today said it has acquired a 44.6 per cent stake in Kerala-based heavy-duty transformer maker Transformers and Electricals Kerala for Rs 31.34 crore. "NTPC has acquired 44.6 per cent of the (currently) paid-up capital of Transformers and Electricals Kerala Ltd (TELK) from the Government of Kerala at a total value of Rs 31.34 crore," the public sector firm said in a filing to the Bombay Stock Exchange.
Business Standard
June 17, 2009
Officials to assist investors: Minister
Industries Minister Elamaram Karim has said that investors coming to Kerala would now be assisted by various groups of department officials who were being officially assigned to take care of investor needs ranging from land acquisition to government clearances.
The Hindu
June 17, 2009
Good response to investors’ meet
Banks and financial institutions participating in Invest@2009, an investors meet organised by the State Industries Department, agreed in principle to lend Rs.123 crore to 127 proposals that were scrutinised and cleared during interactions between entrepreneurs and representatives of banks and financial institutions here on Tuesday.
The Hindu
June 17, 2009
Public sector banks told to fulfil duties
Industry Minister Elamaram Kareem said on Tuesday that public sector banks should fulfil their responsibility to the society. Inaugurating 'invest@kochi', an investors meet, being organised by the Department of Industries and District Industries Centre here, the Minister said that the government would never allow negligence to small scale entrepreneurs by such banks.
The New Indian Express
June 17, 2009
Profit from all PSUs in two years: Karim
Industries Minister Elamaram Karim says the government has set a target for making all public sector units (PSUs) in the State profitable within the next two years. Delivering the inaugural address at a function got up to give away the FACT MKK Nayar Memorial Productivity Awards 2007-08, organised by the Kerala State Productivity Council, at Productivity House in Kalamassery on Tuesday, the Minister said 28 out of the 42 public sector units in the State had turned profitable by the third year of the LDF government.
The Hindu
June 16, 2009
PSU banks should give loans to small enterpreneurs
Public sector banks should not shy away from lending loans to small industrial ventures, Kerala Industries Minister Elamaram Kareem said today. The PSU banks are only interested in dealing with corporates who avail loans of huge amounts and were not extending loans to small industrial entrepreneurs.
Business Standard
June 16, 2009
Give loans to small entrepreneurs, PSU banks told
Public sector Banks should not shy away from lending loans to small industrial ventures, Kerala Industries Minister Elamaram Kareem said on Tuesday. The PSU banks are only interested in dealing with corporates who avail loans of huge amounts and were not extending loans to small industrial entrepreneurs. That will not be allowed, Mr. Kareen said in his inaugural address at an investors meet 'invest@kochi 2009' here.
The Hindu
June 15, 2009
Forest Industries (Travancore) to expand
Forest Industries (Travancore) Ltd. (FIT), engaged in making and marketing hardwood furniture, is on an expansion mode with added emphasis on marketing of its high quality products and venturing into new areas such as complete home solutions and modular work stations. The State-owned company, which has been mostly engaged in selling hardwood furniture to government departments, has now started marketing its products to a wider customer base. Chairman and managing director of FIT B. Sreekumar said the FIT relied on the quality and durability of its products. The Hindu
June 09, 2009
Kerala has the climate for new ventures, minister tells city biz
Encouraging entrepreneurs from the city to invest in Kerala, Industries minister of Kerala Elamaran Kareem said on Friday the socio economic scenario in the state provided the necessary climate for new ventures.
Sakaal Times
June 07, 2009
Kerala minister lauds PMC's ITMS project
Elamaram Kareem, industries minister of Kerala, visited the traffic management and monitoring centre of the Pune Municipal Corporation (PMC)
at Swargate on Saturday and appreciated the work done by PMC and implementing agency Keltron for the world-class Intelligent Traffic Management System (ITMS). Keltron is a government of Kerala undertaking, and is implementing the system for Pune, which happens to be the first city in the country to set up such a system.
The Times of India
June 06, 2009
Getting out of red, Kerala PSUs push ahead with agenda
This is one occasion that has the Left front government in Kerala seeing red over the colour red. In fact, the state industries department led by minister Elamaram Kareem is going that extra mile to wipe out red — from the books of accounts of all the state PSUs — and make sure that from 28 now, all the 42 state-run PSUs are in the black by the time the Left front government completes its five-year term in 2011.
The Indian Express
June 06, 2009
Kerala no more a difficult state for investment: Minister
Elamaram Kareem, the industries minister of Kerala, said here on Thursday that Kerala is emerging as an attractive investment destination among the south Indian states, with focus on investments in services and manufacturing sectors. He said an extensive campaign is being undertaken across the country to bring about a change in the old perspective that Kerala is a difficult destination for investment.
The Times of India
June 02, 2009
Skilled labour in high demand: Minister
Kerala Industries Minister Elamaram Karim said that there is huge demand for technically skilled personnel in the State to work in technology-intensive modern industries. Inaugurating the convocation ceremony where Diploma in Tool and Die Making (DTDM) was awarded to the second batch of 29 students of the Kerala Tool Room Research and Training Centre (Keltrac) in Aroor, Kerala Industries Minister said traditional industries were on the wane and would have collapsed but for the government’s financial aid.
Kerala Online
June 02, 2009
PSUs in Kerala do better in 2008-09
The public sector units under the ministry of industries and commerce in Kerala achieved better results during 2008-09 compared to their performance in the previous year. Of Kerala’s 63 PSUs that come under the ministry of industries and commerce, 17 were inoperative at the time when the present LDF government took over. Five others are developmental agencies. The other units, comprising 37 manufacturing outfits and the KSIDC, KSIE, Sidco and Kadco improved their aggregate turnover to Rs 1,933 crore in 2008-09, up from Rs 1,638 crore in the previous year. The net profit of these 41 units moved up from Rs 80.31 crore in 2007-08 to Rs 169.45 crore in 2008-09.
The Economic Times
May 30, 2009
PSUs’ performance vibrant: Karim
In spite of recessionary conditions, the public sector enterprises under the Kerala Industries Department are set to make higher profits during the current financial year, according to a review done here on Friday. Briefing presspersons after the review, Industries Minister Elamaram Karim said the net profit of the 41 enterprises under his department was projected to touch Rs. 240 crore this year. The projection was based on the performance during the first two months of the year and the trend unfolding. Last year, they had posted a net profit of Rs.169.45 crore, he said. The Hindu
May 30, 2009
Govt to grant autonomy to profit-making PSUs
The State Government has decided to grant autonomy to public sector units which continuously make profit and to merge those units which have the same line of operation. The annual review meeting of the stateowned enterprises, held under the chairmanship of Industries Minister Elamaram Kareem here on Friday, evaluated that 28 of the 41 PSUs in the state had registered a profit during 2008-09. The New Indian Express
May 29, 2009
Solar energy park for Palakkad
The Kerala Industrial Infrastructure Development Corporation (Kinfra), a statutory body of the State government, proposes to set up a Solar Energy Park in Palakkad district under the Central Financial Assistance scheme for demonstration programme on tail-end grid-connected solar power plants by the Union Ministry of New & Renewable Energy.
The Hindu
May 26, 2009
LDF anniversary celebrations today
Kerala Industries Minister Elamaram Karim will inaugurate the district-level celebrations of the third anniversary of the LDF government at the Tagore Centenary Hall here on Saturday.
Kerala Online
May 19, 2009
An enduring symbol of responsive governance
The LDF government in Kerala is taking steps to revitalise the economy of the State in the wake of the global economic downturn. The public sector undertakings (PSUs) under the Industries Department have registered impressive performance with their combined profits increasing from Rs.80.31 crore in 2007-08 to Rs.166.77 crore in 2008-09 and turnover from Rs.1,811.07 crore to Rs.2,111.04 crore. The strategy of wedding ailing State PSUs with Central enterprises has led to the revival of many units and infusion of the much-needed capital for their diversification. The Hindu
April 21, 2009
Industry Minister woos private investors
Giving hopes to the industrial sector in the state, Industry Minister Elamaram Kareem on Monday said that proposals for investment
worth Rs 25,000 crore which had been entangled in administrative knots would be cleared by the end of May.
The New Indian Express
April 21, 2009
Rs.10,000-crore investment proposed: Karim
Industries Minister Elamaram Karim said that the State government would invest Rs. 10,000 crore, divided between the housing sector and industrial infrastructure, during the current financial year as a step towards reviving the economy in the face of continuing economic recession.
Kerala Online
March 10, 2009
FACT: A Model for all PSUs: Elamaram Kareem
FACT is an exemplary model for all the public sector companies to emulate, said Shri Elamaram Kareem, Minister for Industries, Govt. of Kerala. He was speaking after inaugurating the gas scrubber system installed in the Sulphuric Acid plant of Udyogamandal Division at a glittering function. FACT Newsletter
March 06, 2009
Industries Minister’s pat for entrepreneurs
Entrepreneurs P Mohamed Ali, Yousuffali M A and C K Menon have done a great job in the formation of Infrastructure Kerala Ltd (InKel), Industries Minister Elamaram Kareem has said. He was speaking at the felicitation and award ceremony organised by InKel Forum of Excellence in Thiruvananthapuram on Thursday. The New Indian Express
March 06, 2009
Defence sector to boost economy
The Defence sector could well be the new life-saver of the state’s economy as it promises to open up new areas of investment and work contracts for both public and private sector industries. Industry Minister Elamaram Kareem offers assistance for ventures in the Defence sector. The New Indian Express
February 28, 2009
State invites private investment
Finance Minister T.M. Thomas Isaac said on Friday that the State would throw open its doors to private capital, but with stringent conditions on land utilisation and at the same time, with measures to smoothen the process of clearance for industrial ventures.
The Hindu
February 26, 2009
Karim to open plastic industries cluster at Aluva
Industries Minister Elamaram Karim will inaugurate the Aluva Plastic Consortium Private Limited, a cluster of 26 small scale plastic units set up in the industrial development area in Erumathala near Aluva, on Friday.
The Hindu
February 26, 2009
Industrial park at CIAL under study
The plans by Cochin International Airport Limited (CIAL) to set up in its campus a dedicated industrial park for aerospace related industries has received a shot in the arm with the Industries Minister Elamaram Karim acknowledging the vast opportunities for entrepreneurs to set up airport and aircraft-related units for manufacture and repair of components at Kochi airport.
The Hindu
February 26, 2009
Indian Railways, Kerala to set up production unit
The Indian Railways will on 27 February sign an agreement with the state government for setting up a joint venture production unit, with an initial investment of Rs100 crore.
The Railways would have 51% share in the JV, called ‘Kerala Rail Component Limited’ and the state government, 49%, Industry minister Elamaram Kareem told reporters here today.
Live Mint
February 26, 2009
State Government to sign pact with Railways
State Industries Principal Secretary T Balakrishnan and Railway Mechanical Advisor G Asthana will sign an accord for setting up a fabricated bogie production unit at Autocast near here on February 27 in the presence of Chief Minister V S Achuthanandan.
New Indian Express
February 26, 2009
Indian Railways, Kerala to set up production unit
The Indian Railways will on February 27 sign an agreement with the State government for setting up a joint venture production unit, with an initial investment of Rs 100 crore.
The Hindu
February 26, 2009
CWC will develop infrastructure, says Minister
Union Minister of State for Food and Public Distribution Akhilesh Prasad Singh has said that the Central Warehousing Corporation (CWC) will develop infrastructure for import-export trade in this part of the country with an objective to give a boost to local industries and entrepreneurs.
The Hindu
February 26, 2009
State, Railways to sign joint venture deal today
The State government and the Indian Railways will sign a joint venture agreement at Autokast, Cherthala, on Friday for setting up Kerala Rail Components Ltd., the railways’ first production unit in the State.
The Hindu
February 26, 2009
Health scheme for Eloor soon
To address the health related problems of people residing in the polluted areas of Eloor industrial belt , the Department of Industry and Commerce is launching a unique health insurance scheme in the selected nine wards of Eloor Grama Panchayat from April 1, announced the Industries Minister Elamaram Karim.
The Hindu
February 25, 2009
State more favourable to investors now: Gavai
Kerala is fast emerging as an investor-friendly State with obvious advantages in educated and skilled manpower, Governor R.S. Gavai has said. He was speaking after presenting awards to captains of various public sector undertakings for their achievements at a function organised by the Department of Industries and Commerce in the city on Tuesday.
The Hindu
February 25, 2009
State more favourable to investors now: Gavai
Kerala is fast emerging as an investor-friendly State with obvious advantages in educated and skilled manpower, Governor R.S. Gavai has said. He was speaking after presenting awards to captains of various public sector undertakings for their achievements at a function organised by the Department of Industries and Commerce in the city on Tuesday.
The Hindu
February 25, 2009
Reward for excellence
The Hindu
February 20, 2009
Special package for PSUs soon: Kareem
A special package is on the anvil for protecting public sector units (PSUs) from the ravages of recession, Industries Minister Elamaram Kareem told the Assembly on Thursday.
The New Indian Express
February 19, 2009
Kerala offers slowdown package to PSUs
In the backdrop of the economic slowdown, Kerala is proposing to offer a package for the public sector undertakings in the state, industry minister Elamaram Kareem informed the state assembly om Thursday.
The Economic Times
February 18, 2009
Hyundai gets Top Exporter award
Second largest car manufacturer Hyundai Motor India Ltd today said that it has been awarded the Top Exporter of the year Award for 2006-07 by the Engineering Export Promotion Council which is the apex industry body set up by the Ministry of Commerce. Kerala State Industries Minister Elamaram Kareem presented the Top Exporter of the Year Award 2006-07 in the category 'Large Enterprises' and presented the Golden Trophy to Hyundai Motor India Regional Manager (South) Kim at the Southern Region Annual Award Presentation held in Thiruvananthapuram, the release said.
The Hindu
February 18, 2009
Package sought for beedi workers
The Kerala government has requested the 13th Finance Commission to formulate a Rs.138.25-crore package for rehabilitation of beedi workers, Industries Minister Elamaram Karim informed the State Assembly on Tuesday.
The Hindu
February 18, 2009
Hyundai gets Top Exporter award
Second largest car manufacturer Hyundai Motor India Ltd today said that it has been awarded the Top Exporter of the year Award for 2006-07 by the Engineering Export Promotion Council which is the apex industry body set up by the Ministry of Commerce. Kerala State Industries Minister Elamaram Kareem presented the Top Exporter of the Year Award 2006-07 in the category 'Large Enterprises' and presented the Golden Trophy to Hyundai Motor India Regional Manager (South) Kim at the Southern Region Annual Award Presentation held in Thiruvananthapuram, the release said.
The Hindu
February 18, 2009
Package sought for beedi workers
The Kerala government has requested the 13th Finance Commission to formulate a Rs.138.25-crore package for rehabilitation of beedi workers, Industries Minister Elamaram Karim informed the State Assembly on Tuesday.
The Hindu
February 15, 2009
Kerala continues to seek private investment: Minister
Kerala Indusries Minister Elamaram Kareem today reiterated the CPI(M)-led Left Democratic Front Government's decision to seek private investment for the overall development of the State.
NewKerala.com
February 13, 2009
Industrial opportunities in aerospace, defence sectors
The Kerala State Industrial Development Corporation (KSIDC) along with the Aeronautical Society of India (AeSI) and the Society of Indian Aerospace Technologies and Industries (SIATI), Bangalore, will organise a workshop on `Industrial Opportunities in Aerospace and Defence Sectors’ at the Cochin international airport, Nedumbassery, on February 26 and 27. Industry Minister Elamaram Kareem will inaugurate the workshop on February 26. Fisheries Minister S Sarma will preside over the function.
The New Indian Express
February 12, 2009
State’s whole engineering potential should be tapped: Minister
Kerala has vast potential in the engineering sector and it has to be tapped to the fullest, Industries Minister Elamaram Kareem said on Wednesday. He was addressing a function organised here by EEPC India for presenting the EEPC Regional Export Awards for 2006-07.
The New Indian Express
February 12, 2009
Park for engg units planned at Kasargod
Eyeing the potential business that could come the State’s way via strategic sectors , the State Government is planning to open an exclusive park for engineering units in Kasargod district. The park will house small and medium-sized units which can cater to the needs of defence, aerospace sectors and related industries, Industries Minister Elamaram Kareem told `Express’.
The New Indian Express
February 11, 2009
Kerala plans titanium research institute
Kerala has plans to set up a titanium research institute of international standards for development of technology for value-addition of the rare metal required by high-tech industries, state Industries Minister Elamaram Kareem said.
The Times of India
February 11, 2009
BrahMos integration unit soon
Defence Minister A.K. Antony laid the foundation stone for an integration complex for BrahMos missiles at BrahMos Aerospace Thiruvananthapuram Ltd. (BATL) here on Tuesday.
The Hindu
February 09, 2009
Support industries, Minister tells banks
Industries Minister Elamaram Karim has called on banks to shed their reluctance to provide loans to industries. He was speaking after inaugurating a function organised by the Chamber of Commerce, Thiruvananthapuram, to distribute awards to industrialists here on Sunday.
The Hindu
February 04, 2009
Kerala wants enhanced partnership with central public firms
Kerala is eager to enhance business ties with central public sector undertakings (PSU) to 'modernise and strengthen' the state's public sector, Industries and Commerce Minister Elamaram Kareem said here Tuesday.
IndiaPRwire
February 04, 2009
Ramesh pulls up BHEL for being lax
Minister of State for Power and Commerce Jairam Ramesh pulled up Bharat Heavy Electricals Ltd (BHEL) for not having partnered with Transformers and Electricals Kerala Ltd (TELK), the Kerala government-owned electrical equipment-maker.
Business Standard
February 04, 2009
BHEL, KEL ink MoU for setting up JV
Bharat Heavy Electricals Ltd. (BHEL) and Kerala Electrical and Allied Engineering Company Ltd. (KEL) on Tuesday signed a memorandum of understanding (MoU) for setting up a joint venture to manufacture a specific range of products at KEL, Kasaragod, to cater to core sectors such as transportation, industries and renewable energy.
The Hindu
February 04, 2009
BHEL to enter into JV with KEL and AECL
State-owned Bharat Heavy Electrical Ltd on Tuesday said it would set up a joint venture with Kerala Electrical & Allied Engineering Company Ltd for manufacturing products for railways and other industries.
The Financial Times
February 04, 2009
Bhel, Kerala firm sign JV pact
Bharat Heavy Electrical Ltd on Tuesday said it would set up a joint venture with Kerala Electrical and Allied Engineering Company Ltd for manufacturing products for railways and other industries.
Live Mint
February 04, 2009
BHEL signs MoU with KEL
Government-owned power equipment maker Bharat Heavy Electrical Ltd (BHEL) has entered into an understanding with Kerala Electrical and Allied Engineering Co Ltd (KEL) for setting up a joint venture (JV). The proposed venture will manufacture equipment such as wind power generators.
The Economic Times
February 01, 2009
Indian state prepares to face global downturn
In yet another display of keeping ahead of the times, the tiny south Indian state of Kerala has undertaken some positive steps to face the global meltdown. At last month’s Pravasi Bharatiya Divas in Channai, the Kerala industries minister, Elamaram Kareem, promised that Kerala’s approach to private investment had changed over the years. He said the government had acquired 4000 acres of land to set up industrial parks in different districts.
The Peninsula
February 01, 2009
KEL-BHEL to ink tie-up
Close on the heels of several collaborations with Central public sector undertakings, the State Industries Department has clinched another joint venture with Kerala Electricals Ltd. (KEL) to ink a memorandum of understanding with Bharat Heavy Electricals Ltd. (BHEL).
The Hindu
January 31, 2009
Second phase of BrahMos missile programme to be launched Feb 10
Defence Minister A K Antony will launch the second phase of cruise missile maker Brahmos Aerospace's development programme here on Feb 10, Kerala Industries Minister Elamaram Kareem said on Saturday.
The Economic Times
January 27, 2009
Revitalise public sector to counter recession: Karim
Minister for Industries Elamaram Karim has called for initiating steps to revitalise the public sector as part of the strategies being chalked out to take on the challenges posed by the global recession. The Hindu
January 22, 2009
BEML putting up 4th manufacturing complex in Kerala
It is reported that BEML Limited will be putting up its 4th manufacturing complex at Kanjikode KINFRA Integrated Industrial Area in Palakkad district of Kerala.
Steelguru.com
January 22, 2009
Fashion technology institute opening today
The Institute of Fashion Technology and Design, set up by Institute of Handloom and Textile Technology (IHTT) under the Department of Industries, Government of Kerala, will be opened on Thursday at Mudavoorppara near Balaramapuram junction. Industries Minister Elamaram Kareem will open the institute at a function to be held at the IHTT complex, Mudavoorppara, at 5 p.m.
The New Indian Express
January 22, 2009
Fashion design institute opened
Industries Minister Elamaram Karim inaugurated the Institute of Fashion Technology and Design at Balaramapauram, near here, on Thursday. Inaugurating the institute, Mr. Karim said the government was keen to impart the most advanced training facilities in fashion designing in the handloom sector. V.J.. Thankappan, MLA, presided over the function.
The Hindu
January 19, 2009
Kerala goes for image makeover with third defence unit
Signifying a slow but steady image makeover for Kerala as investment destination, Chief Minister V S Achuthanandan laid the stone for yet another Federally-funded high-tech unit in the industrially backward northern Palakkad district yesterday. Last year the work on two other Central units were launched by Defence Minister A K Antony, the prime mover of Central investments.. The Bharat Earth Movers Limited (BEML) unit in Palakkad anticipates a cost of Rs 2.6bn in the first phase. It will manufacture defence equipment, including floating bridges and rail parts.
The Peninsula
January 19, 2009
VS sees positive change in Centre’s attitude
There has been a change in the attitude of the Centre towards the state in recent times on the development front and it was welcome, said Chief Minister V S Achuthanandan. He was speaking after inaugurating the foundation stone laying ceremony of the BEML manufacturing complex at Kanjikode on Sunday..
The New Indian Express
January 18, 2009
But for an odd lockout or two, strikes are out of date in Kerala
Militant trade unions, strikes and lockouts that kept many investors away from Kerala have been on the decline in the past three years.
From 31 instances of labour disputes that led to the closing of workplaces in 1999 and 30 in 2000, the number of lockouts dwindled to single digits until there was none in 2007, according to data from the state labour commissioner’s office.
Livemint
January 18, 2009
BEML to set up unit in Palakkad
BEML is setting up a Rs 266-crore manufacturing complex at Kanjikode in Palakkad district, said V.R.S. Natarajan, CMD of the leading public sector company. Natarajan said production would commence within 24 months at the unit located on1,000 acres allotted by KINFRA. It will provide direct employment to 500-700 people and indirect employment to over 1,000 people.
Sify.com
January 18, 2009
The new Complex of BEML at Kanjikode
Defence PSU Bharat Earth Movers Ltd (BEML) would be launching its fourth manufacturing complex at Kanjikode KINFRA Integrated Industrial Area in Palakkad district of Kerala. Chief Minister V S Achuthanandan would lay the foundation stone at a public function to be held tomorrow, a company release said here today. Defence Minister A K Antony, Kerala Industry Minister Elamaram Kareem and BEML CMD V R S Natarajan would be the other dignitaries to participate.
Mangalorean.com
January 18, 2009
Foundation stone to be laid today
The foundation stone for the fourth manufacturing complex of the Bharat Earth Movers Limited (BEML), a mini ratna company under the Ministry of Defence at the Kinfra Industrial Park in Kanjikode will be laid by Chief Minister V S Achuthanandan on Sunday.
The New Indian Express
January 17, 2009
World Bank analysis on investment climate ranks Karnataka first, Kerala a close second
The World Bank has developed a new Investment Climate Index to help identify the key challenges and bottlenecks to be overcome in attracting business investment. In a policy research working paper, World Bank analyst Guiseppe Iarossi ranks the investment climate in 16 Indian States, using data from a survey of 4,000 entrepreneurs in 2005. Karnataka tops the list, with Kerala a close second.
The Hindu
January 17, 2009
Farm exhibition begins in city
The process of acquiring land for the Spices Park in Idukki was in progress, according to the Industries Minister Elamaram Karim. He was inaugurating the three day Kerala Agri Food Business Show 2009 here on Friday.
The Hindu
January 17, 2009
Agri-food business show begins
To facilitate the growth of agricultural sector in the state, the government will set up a mega food park in Wayanad. “The mega food park will come up in an area of 320 acres. KINFRA, which has been entrusted with the job of land acquisition, has initiated the proceedings and the acquisition will be completed in the next three months,” said State Industries and Commerce Minister Elamaram Kareem inaugurating the three-day Kerala Agri Food Business Show 2009 here on Friday.
The New Indian Express
January 16, 2009
Kochi: Food processing expo from today
A food processing and agri-business expo, FoodTech Kerala, will begin at the Jawaharlal Nehru International Stadium here on Friday. The show, being organised by the Department of Industries and Commerce in association with the Department of Agriculture and related agencies, will showcase national and international machinery used in food processing and new technology from various research institutions. Foreign delegates and retail agents will take part in the expo.
The Hindu
January 16, 2009
Land acq for food park progressing
Industries Minister Elamaram Kareem today said land acquisition process to set up the Rs 50 crore ‘Mega-Food Park’ in Wayanad district would be completed in three months. Inaugurating the Kerala Agri Food Business Show-2009 here, Kareem said KINFRA, which is the nodal agency for the project, was acquiring land for the park.
Keralaonline.com
January 10, 2009
Incentives for NRIs to invest in India
Deputy Chairman of Planning Commission Dr. Montek Singh Ahluwalia said on Friday that the Pravasi Bharatiya Divas provides a platform to
the overseas Indians to explore opportunities for investment in India. Speaking in a plenary session of the diaspora interaction with the states in Chennai today, he said that during the 11th Plan, the Union Government has fixed priority in the fields of Rural Development Infrastructure Health and Urbanisation.
In this session, Chief Minister of Andhra Pradesh Dr. Y. S. Rajasekhara Reddy, Chief Minister of Gujarat Narendra Modi, Lt. Governor, Andaman and Nicobar Lt. Gen (Retd.) Bhopinder Singh, Deputy Chief Minister of Bihar Sushil Kumar Modi, Minister for Power and Parliamentary Affairs of Haryana Randeep Surjewala, Minister of Industries of Kerala Elamaram Kareem and Minister for Industry of Punjab Shri Manoranjan Kalia addressed the participants and called for NRI investment in their respective states.
The Times of India
January 09, 2009
Kerala is a safe investment destination
Kerala is a safe investment destination for NRIs, state Industries Minister Elamaram Kareem said on Friday. Addressing the Non-Resident Keralites (NRKs) at the Pravasi Bharatiya Divas 2009, being held in Chennai, the Minister said that Kerala’s approach to private investment had been changed over the years. “The industrial climate in the state has changed and everybody has recognised this.”
Sify.com
January 05, 2009
BEML unit at Kanjikode Kinfra park to be ready by 2012
BEML Ltd., a public sector undertaking, will set up a new unit at the Kinfra Integrated Industrial Park at Kanjikode in Palakkad. The new unit will manufacture defence products and parts for Railways.
The Hindu
January 04, 2009
State cannot always support PSUs: Karim
Industries Minister Elamaram Karim laid the foundation stone for a factory under Kerala Soaps Limited (KSL), the new public-sector enterprise, at Vellayil here on Saturday. Speaking on the occasion, Mr. Karim called upon all those concerned to see that the work is finished in nine months. He said the government would only intervene only once to rejuvenate Public Sector Units (PSUs). The State government would not be able to support PSUs from time to time, he said.
The Hindu
January 03, 2009
New KSL unit to be ready by November
The foundation stone laying ceremony of a factory under the new public sector enterprise Kerala Soaps Limited (KSL) will be held at Vellayil here on Saturday. The new enterprise, which replaces the closed down Kerala Soaps and Oils Limited (KSOL), will be a 100 per cent subsidiary of the Kerala State Industrial Enterprises (KSIE). KSOL had introduced popular brands like Vep, Thrill, Kairali and Kerala Sandal. The new firm will retain these brand names, but will adopt new marketing techniques.
The Hindu
January 02, 2009
Kinfra to take over 1,600 hectares
The Kerala Industrial Infrastructure Development Corporation (Kinfra) is planning to take over 1,600 hectares in the State to pep up industrial growth.. Industries Minister Elamaram Karim said that the State was set for a major leap in the industrial sector. The food processing industry would be given utmost encouragement, he said while inaugurating a food processing incubation centre at the Kinfra Food Processing Park at Kakkanchery near Calicut University on Thursday.
The Hindu
December 31, 2008
Kerala gets another defence manufacturing unit
After the foundation for strategic electronics manufacturing unit of the HAL has been laid in the State, Kerala is all set to host its next major venture by the Ministry of Defence. The BEML Ltd, a public sector undertaking under the administrative control of Ministry of Defence, has decided to set up its manufacturing unit at Kanjikode in Palakkad district. The foundation stone would be laid on January 18, 2009 by Chief Minister V S Achuthanandan.
The New Indian Express
December 31, 2008
Indiavision award for Antony, Elamaram
Defence Minister A K Antony and state Industries Minister Elamaram Kareem were selected for the ‘Person of the Year-2008 Award’ instituted by the Indiavision.
The New Indian Express
December 31, 2008
Kinfra park to have food processing incubation centre
The State Industries Minister, Mr Elamaram Kareem, will inaugurate the Food Processing Incubation Centre and Water Supply Scheme at Kinfra Food Processing Park, Kakkancherry on January 1, 2009. The Kinfra Food Processing Park is coming up on 70 acres of picturesque land and one of the main advantages is its proximity to Kozhikode Airport.
Business Line
December 27, 2008
Khadi workers likely to get hike in wages
In order to improve the condition of the Khadi workers, Government is planning to hike their wages by 50 percent. According to Mr Elamaram Karim, Minister for Industries and Commerce, currently, a khadi worker gets Rs70 per day, which is insufficient at this point of time. Now, as soon as Khadi Commission gives approval of this proposal, it will be implemented. The State Government is also planning to provide some more incentives other than this.
Fibre2fashion.com
December 26, 2008
Kerala bags Rs.10 bn from diaspora
The two-day diaspora meet "Ente Naadu," billed as a platform for the Kerala diaspora to invest in the state’s tourism projects, concluded here Wednesday with an investment of around Rs.10 billion expected in coming years. "Ente Naadu" was a Kerala initiative organised by the tourism department in association with the Industries Department and managed by Tourist Resorts Kerala Ltd.
Msn.co.in
December 23, 2008
Industrial plots and sheds only on lease: Elamaram
Industry Minister Elamaram Kareem said that the State Government has decided not to issue pattayams to plots and sheds allocated to industrial units.
He said hence forth, instead of pattayams, plots and sheds for setting up industrial units would be allocated under lease for 90 years. He said that rules for the purpose are being formulated.
The New Indian Express
December 22, 2008
Kerala soaps to start production by next year: Minister
The Kerala Government has decided to start a new company 'Kerala Soaps Limited' (KSL) in place of the sick state-owned PSU 'Kerala Soaps and Oils Limited,' the state Industries Minister, Mr Elamaram Kareem said yesterday.
BusinessLine
December 16, 2008
State expects 10000 cr investment: Minister
Industry Minister Elamaram Kareem on Friday said that the State Government was expecting Rs 10,000-crore investment for various projects in the current financial year. Speaking to reporters on the sidelines of a business conclave held in connection with the Volvo Ocean Race here, he said that the High-Level Clearance Committee, to meet on December 15, would take a final decision on these projects.
www.expressbuzz.com
December 13, 2008
Three-day Kerala Bamboo festival begins
A three-day 'Kerala Bamboo Festival' began here on Friday as part of efforts by the Industries and Commerce Department to expose the Bamboo Industry to new trends and open up opportunities for promotion of products. Inaugurating the festival, the fifth in the state, Kerala Industries Minister Elamaram Karim said over 75 traditional craftsmen from different states including a strong contingent of artisans representing Kerala is participating in the festival.
The Hindu
December 11, 2008
Kerala expects Rs 15,000 cr investment in three years
The LDF government in Kerala expects to attract Rs 15,000 crore worth investment in industrial and commercial sectors in the next three years, state Industries Minister Elamaram Kareem said today. This target was expected to be achieved, going by the Memoranda of Understanding initialled with private and public sector investors by various promotional agencies under the government, he said in a written reply in the state assembly today.
Business Standard
December 10, 2008
Kerala Ministers pay a visit
Three Ministers of the Kerala Government and the Kozhikode District Collector on Monday visited Unnikrishnan Nair, father of the commando killed in last month’s anti-terror operations in Mumbai, Maj. Sandeep Unnikrishnan. The three Ministers, K.P. Rajendran, Elamaram Kareem, and Binoy Viswam, handed over a cheque for Rs. 15 lakh to Mr. Nair and Dhanalakshmi, Maj. Sandeep’s mother.
The Hindu
December 08, 2008
Kerala to revive two ailing state owned companies
Kerala is to revive two ailing state-owned companies, Steel Complex Ltd (SCL) and Kerala Soaps and Oils Limited (KSOL), both located in Kozhikode, says Industries Minister Elamaram Kareem. As a result of this revival package, all the 195 employees at SCL will retain their jobs, while 80 new jobs would be created at KSOL. KSOL has been closed down for the past seven years and at present there are no employees on the pay roll.
The Hindu
December 08, 2008
Govt to offer lands to NRI investors
CPI-M led LDF government in Kerala has undertaken an initiative to offer industry-specific lands to prospective non-resident investors in the Gulf region to set up industrial units in the state. According to the scheme, developed by government agencies like Kerala State Industrial Development Corporation Ltd (KSIDC), Kerala Industrial Infrastructure Development Corporation (KINFRA) and Directorate of Industries and Commerce (DIC), the specified lands would be made available to prospective NRIs.
The Economic Times
December 04, 2008
Industry sector to get a boost with BEL's new plans
The proposed product support centre of the Bharat Electronics Limited (BEL), will further enhance the functioning of the existing defence organisations in the state and will give a boost to the industrial sector. The centre to be set up at the Kinfra Park in Kalamassery is the third defence establishment gifted by the Centre to the state within a short span of time.
The New Indian Express
December 04, 2008
Stone laid for BE Product Support Centre
Creating new openings in the industrial sector of the state, the foundation stone for the Product Support Centre of Bharat Electronics was laid at Kinfra Hi-Tech Park at Kalamassery. Defence Minister A K Antony laid the stone at a function which was attended by Ministers, MLAs and senior officials of the State and Central Governments. Industries Minister Elamaram Kareem who presided over the function said that the State Government has chalked out a plan to make Kochi a hub of electronics industries.
The New Indian Express
November 28, 2008
Two-day handloom fair from today
A two-day National Handloom Show 2008, which begins here on November 28, would offer a platform for the weavers to showcase their products. The event is being organised by the Thiruvananthapuram cluster of the Integrated Handloom Cluster Development Programme, in association with the Commissioner of Handlooms, Hantex and the Kerala Directorate of Handlooms and Textiles.
Business Standard
November 24, 2008
BEL to open Support Centre at Kochi Kinfra Park
The Kinfra Hi-tech Industrial Park, Kalamassery, Kochi will have a high profile presence in the form of Bharat Electronics Ltd (BEL). The leading PSU defence major will set up its new Product Support Centre at the park.
Union Defence Minister A K Antony will lay the foundation stone of the Product Support Centre on November 26, in the presence of Kerala's Minister for Industries and Commerce Elamaram Kareem.
CIOL
November 20, 2008
Kerala beedi industry seeks rehab package
The recent ban on smoking in public places, along with the sudden influx of cheap, unbranded cigarettes, has hit the state beedi industry hard. Speaking to Business Standard, C Rajan, chairman of Kerala Dinesh Beedi Workers Cooperative Society, a state sponsored undertaking, said, “Worse still is the plight of the beedi employees. With the sector foreseeing an imminent collapse, we have been knocking at the doors of the authorities concerned in a bid to keep the livelihood options of the beedi workers stay afloat. No concrete measure has come about as yet.”
Business Standard
November 20, 2008
Conspiracy in the burning of clay factory
The conspiracy theory behind the burning of Ashapura Clay Company at Menamkulam last Sunday is gaining momentum with Industry Minister Elamaram Kareem raising suspicion about the whole episode in the Cabinet meeting held on Wednesday.
The New Indian Express
November 19, 2008
BEL to set up unit at Kinfra Hi-tech Park
Bharat Electronics Limited (BEL) is planning to set up a unit at Kinfra Hi-tech Industrial Park, Kalamassery, Kochi. The foundation stone of the new unit will be laid on November 26 by the Defence Minister, A.K. Antony, at a function at Kinfra Hi-tech Industrial Park. The function will be presided over by the State Minister for Industries and Commerce, Elamaram Kareem.
Sify.com
November 15, 2008
Kerala's first jewellery B2B opened
Aimed at boosting trade and bring the retail sector closer to manufacturers, a three day Kerala Gem and Jewellery show (KGJS) began here today with jewellers from all over the country participating. The KGJS, the state's first B2B event, aims to provide an ideal platform for jewellery manufacturers, retailers, artisans, exporters and wholesalers to interact, network, source the latest designs and enhance their knowledge and further their business prospects. Inaugurating the event, Kerala Industries Minister Elamaram Kareem said government would take all steps to support the jewellery industry.
Manorama Online
November 10, 2008
Kerala to see new US investment in energy, biotech
A handful of small, but promising, industrial projects are likely to make a beeline to the state in the coming years, thanks to the investment friendly measures currently being undertaken by the state’s various industry departments. Among the sectors that stand to benefit from the new-found investment friendliness of the state industrial department, headed by the Minister for Industry Elamaram Kareem, are those in the non-conventional energy, biotechnology and healthcare space.
Business Standard
November 10, 2008
U.S. investors show interest in State
Minister for Home and Tourism Kodiyeri Balakrishnan and Industries Minister Elamaram Karim, who were on a promotional tour to the United States, have received positive response from American investors regarding investments in Kerala, an official release said here on Sunday.
The Hindu
November 10, 2008
Kerala Ministers woo US Private Companies
A two-member ministerial delegation from the Left Front-ruled state visited the US and met several leading private companies, the state government said in a release Sunday. The team consisting of Home and Tourism Minister Kodiyeri Balakrishnan and Minister for Industry Elamaram Kareem, besides senior officials from the two departments, visited the US since early this month..
The New Indian Express
November 08, 2008
Kerala invites EoI for intl airport in Kannur
The Kerala government has invited initial bids from consultants to seek expert opinion on various aspects of developing a new international airport at Kannur. Kerala Industrial Infrastructure Development Corp (KINFRA), the nodal agency for the state government, will engage independent technical, financial and legal consultants to advice it in matters like selection of private sector developer for the airport a mong other things.
Business Line
November 08, 2008
K-BIP to make its presence in China
Kerala Bureau of Industrial Promotion (K-BIP), (the only registered Indian participant at FoodTec China), and the autonomous body of the state government of Kerala under Industries Department, is participating in a venture to promote small-scale food-processing units through cluster development program, along with its ventures on promoting the potential business opportunities in the state.
Food & Beverage News
November 06, 2008
Kerala woos US biotech companies
Kerala is looking at roping in American biotechnology players in its bid to attract more investments into this segment. A ministerial delegation has initiated measures aimed at this by holding discussions with a couple of biotechnology majors in the US. State industry minister Elamaram Kareem and tourism minister Kodiyeri Balakrishnan, who are leading the delegation, visited Solazyme this week for a first hand experience of the company’s operations in California. The company produces oil out of algae through the biotechnology process and the oil could be used for various purposes including fuel, a senior official said.
Business Standard
November 04, 2008
Lifeline for Kerala's coconut farmers
State plans 100-acre coconut farm in Thrissur. The crisis-ridden coconut farming sector in Kerala is set to get a helping hand in its bid to stay afloat. The Kerala Industrial Infrastructure Development Corporation (Kinfra) is planning to launch a new platform that would bring farmers, processors and retailers together. It will also link agricultural production to the market to maximise value addition, minimise wastage and boost farmers’ income.
Business Standard
November 04, 2008
EoI invited from event management companies
The Kerala Bureau of Industrial Promotion (K-BIP) has invited expression of interest (EoI) from event management companies for the Malabar Crafts Mela 2008, proposed to be held at Kottakunnu Maidan, Malappuram, between December 16 and 30. The mela will showcase the varying skills of traditional craftsmen in the State, especially those in north Kerala.
The Hindu
November 04, 2008
VC summit for Kerala IT industry
The Group of Technopark Companies (GTECH), a strategic grouping of IT companies at Technopark, is organising a venture capital summit here on November 10-11. The summit is being organised in partnership with the state IT department, Technopark and the Kerala State Industrial Development Corporation (KSIDC).
Business Standard
October 30, 2008
Kareem leaving for the US today
A high-level team led by Industries Minister Elamaram Kareem would leave here on Wednesday night for the US to seek investment in Kerala. Tourism Minister Kodiyeri Balakrishnan and Tourism Secretary Dr V.Venu, who are already abroad, would join them and launch investment initiatives.
The New Indian Express
October 16, 2008
Kareem weaves dreams again
Unflustered by the not-so-spirited response of Government employees towards khadi, Industries Minister Elamaram Kareem is going ahead with his pet dream. He is following up his largely ignored call to wear khadi on Saturdays with a circular to replace a bouquet of flowers with khadi and handloom shawls as gifts. Kareem, it seems, is determined to give a khadi touch to Government and public functions.
September 30, 2008
Kerala Govt clears SEZ policy
After the long-drawn wrangling within the CPM and among the allies of the Left Democratic Front, the Kerala Government on Monday cleared the road for private special economic zones. The Government has brought in a state-specific SEZ policy which would be binding on all SEZs, including the 11 which had already got the Centre’s clearance.
The Indian Express
September 30, 2008
LDF Govt in Kerala announces SEZ policy
Resolving strains in the ruling coalition, the LDF government in Kerala today announced its policy on Special Economic Zones ensuring labourers' rights and other state-specific safeguards. The policy based on 13 specific conditions, announced by Chief Minister V S Achuthanandan after a cabinet meeting today, differed from the Central pattern on application of the Industrial Dispute Act.
The Economic Times
September 29, 2008
No special State sops for SEZs
Special Economic Zones (SEZs) would be sanctioned strictly in compliance with the existing employment laws of the State, and there was no room for concern over the security of employees, said Industries Minister Elamaram Karim here on Sunday.
The Hindu
September 28, 2008
Balaramapuram handlooms on revival path
The Balaramapuram handloom industry is on a revival path. The Integrated Handloom Cluster Development Project (IHCDP), being implemented by the Kerala State Handloom Development Corporation (Hanveev) in association with the Directorate of Handloom and Textiles, has evoked a good response from the weavers.
Business Standard
September 28, 2008
Kerala to hold meet on agri tech entrepreneurship
The Kerala Government is holding a technology entrepreneurial meet from October 9 as part of its efforts to promote and develop the agriculture, food processing and allied sectors in the State. Styled ‘Kerala Agri Food Technology Meet – 2009’, the three-day event, being held in Thrissur, is organised by the Department of Industries and Commerce in association with the Kerala Agriculture University and related departments like Agriculture, Dairy Development and Animal Husbandry.
Hindu BusinessLine
September 24, 2008
KSIDC keen on investing, supporting tourism projects: Elamaram Kareem
The Kerala State Industrial Development Corporation (KSIDC) according to a PTI report is keen on investing and supporting tourism projects in the state together with the Tourism Department. This was disclosed by Elamaram Kareem, Industry Minister, Kerala while speaking to the media yesterday at the Kerala Travel Mart in Kochi. "For the development of tourism, we are also making efforts to develop infrastructure like roads and other connectivity in Kerala," said Kareem.
Travelbizmonitor.com
September 21, 2008
Ayurveda cluster project gets Central approval
The Union government has sanctioned Rs.10 crore for the Confederation of Ayurvedic Renaissance Keralam Limited (CARe Keralam), an Ayurvedic cluster project. CARe Keralam is a joint venture between the Kerala Industrial Infrastructure Development Corporation (Kinfra) and private sector Ayurveda product manufacturers. More than 50 Ayurvedic product manufacturers have joined the cluster, Industries Minister Elamaram Kareem said at a press conference here.
The Hindu
September 15, 2008
High-level meet in Kochi on Sept 19
A high-level conference on infrastructure projects in the state, to be attended by Union Cabinet secretary K M Chandrasekhar, will be held in Kochi on September 19. Industry Minister Elamaram Kareem, Chief Secretary P J Thomas and other top officials will attend the one-day conference which will be held in two sessions.
The New Indian Express
September 07, 2008
Development scheme for Nadapuram
A Rs.30-crore development programme for Nadapuram was announced by Industries Minister Elamaram Karim. The Nadapuram development project is the brainchild of Forest Minister Benoy Viswom who represents the region in the State Assembly. Mr. Viswom presided over the function.
The Hindu
September 06, 2008
Learn to live with strikes, Kerala advises investors
Kerala has witnessed 80 shutdowns during the past six months (including local and regional) and there is no respite. The state government is now advising potential investors to learn to “live with the reality and plan everything accordingly”. “Kerala’s investment climate is excellent and the loss of man-days due to strikes is less than other states now,” said Industry Minister Elamaram Kareem, a prominent Centre of Indian Trade Unions (CITU) leader. Gulf Times
September 05, 2008
Projects for revival of Keltron soon: Karim
Industries Minister Elamaram Karim has said projects for revival and modernisation of Keltron units will be initiated with the objective of developing them into companies under the Keltron Electronics Development Corporation, the proposed holding company with a total turnover of Rs. 1,000 crore. He was inaugurating the new production line of Keltron Component Complex Ltd. (KCCL), one of the four Keltron units at Kalliassery here on Thursday. He said the government was planning to appoint a reputed agency to prepare a comprehensive plan for the modernisation and revival of Keltron.
The Hindu
September 03, 2008
Higher bonus in fourteen PSUs
The workers of 14 profit-making public sector companies will be getting higher bonus and ex gratia payments this year. The bonus will range from Rs.5,000 to Rs.16,000 against Rs.2,500 to Rs.12,500 last year, depending upon performance and other parameters. Industries Minister Elamaram Karim and Labour Minister P. K. Gurudasan announced this after a conference of all concerned to settle bonus issues.
September 01, 2008
SEZs must for development: Karim
Industries Minister Elamaram Karim said here on Sunday that establishment of Special Economic Zones (SEZs) was necessary to attract Information Technology firms to the State. Presiding over a function to launch the construction activities of a new wharf at Beypore harbour, Mr. Karim said SEZs would facilitate export and hence were conducive to the IT industry. He said the State government could not afford to oppose the Central policy of allocating SEZs, especially as other States had implemented it.
The Hindu
August 30, 2008
State’s focus on infrastructure, says Karim
Industries Minister Elamaram Karim on Thursday announced that the State government would invest Rs.25,000 crore in the next three years for improving infrastructure such as roads, industrial parks, power and ports. The exchequer would save money from the tax revenue and utilise it for infrastructure development, he told mediapersons here.
The Hindu
August 30, 2008
Focus on investment promotion
Gone are the days of flamboyant road shows, chic talk and tall claims. It is now the turn of careful planning, focussed targeting and strategic initiatives cutting through the swathe of adverse factors to front-end Kerala’s claim to greater private industrial investment. An interactive session that Industries Minister Elamaram Karim and Finance Minister T.M. Thomas Isaac had with industrialists, envoys of half-a-dozen countries, including China, Sri Lanka and Malaysia, prominent Malayalis and captains of Central PSUs, was part of the new strategy for industrialisation that the LDF government is trying to put in place to attract greater investment in the State.
The Hindu
August 26, 2008
HAL to manufacture civil aircraft: Antony
The public sector Hindustan Aeronautics Ltd (HAL), a pioneer in the manufacturing of military aircraft and helicopters, will embark on the manufacturing of civil aircraft in the coming days, Union Defence Minister A.K Antony has said. Mr. Antony was addressing a function at Seethangoli here after laying the foundation of a strategic electronics manufacturing unit of the HAL here. The paper works for entering into the civil aircraft manufacturing sector have begun, said the Minister.
The Hindu
August 26, 2008
A K Antony Lays Foundation Stone for HAL strategic Electronic Unit
Minister for Industries Elamaram Kareem said HAL’s unit in Kasargod is Onam gift for the Keralites. He said “there were no major industries in Kerala in the past. However, now we are creating an atmosphere to attract investment.
Daijiworld.com
August 26, 2008
Handlooms need to be operational round the year
The handloom industry, which normally finds buyers only during the festival seasons, is in for a new initiative that will enable the sector to open up to newer markets. As part of the efforts to instill more attention and lure customers, a Handloom Show and Handloom Buyer-Seller Meet are to be held in Thiruvananthapuram.
According to Kerala’s Minister for Industries: “The event will host a buyer-seller meet, a seminar on handloom products and its marketing, an exhibition of innovative handloom products and a fashion show. It is expected that close to 300 delegates would be part of the event.”
Business Standard
August 26, 2008
Kerala to woo high-profile investors
In an effort to showcase itself as an investment destination and spur its industrialisation, Kerala will make a presentation before a select group of high-profile audience in New Delhi Aug 28. Senior diplomats, leading industrialists and top public sector executives are expected to attend the presentation to be made by Kerala Industries Minister Elamaram Kareem at Hotel Ashoka in New Delhi.
The New Indian Express
August 26, 2008
Kerala SIDCO signs pact with steel company
The Kerala Small Industries Development Corporation (SIDCO), a public sector unit which provides infrastructure facilities and marketing support for small industrial units in the State, has signed a memorandum of understanding with SRMB Udyog Limited, a Rs. 450-crore TMT bar manufacturing company, for marketing its products in the State. Industries Minister Elamaram Karim, speaking on the occasion, said that the tie-up signalled the beginning of the diversification of Kerala SIDCO’s activities. This State public sector company had been in loss until a couple of years ago, but it had now become one of the profit-making units under the Industries Department, he said.
The Hindu
August 23, 2008
Special package for electronics industry
The State government is planning a special package for electronics industries aimed at attracting big names in the industry to the State, Minister for Industries Elamaram Karim has said. The Minister was addressing a joint press conference here on Friday prior to the foundation-stone-laying ceremony of the strategic electronics manufacturing unit of Hindustan Aeronautics Ltd. at Seethamgoli Industrial Park of Kinfra here. Union Defence Minister A..K. Antony will lay the foundation stone for the unit at a function on Saturday. Chairman of Hindustan Aeronautics Ltd. Asok Kumar Baweja also participated in the press conference.
The Hindu
August 23, 2008
New electronics park proposed in Kerala
The Kerala government will set up an electronics park in Kasargod district, state Industries Minister Elamaram Kareem said here Friday. The park will come up near the proposed strategic electronic manufacturing factory of Hindustan Aeronautics Limited (HAL), the foundation stone for which will be laid Saturday. 'The government will acquire 500 acres for the electronic park.. We have asked the Kinfra (Kerala Industrial Infrastructure Development Corp) to acquire the land,' the minister said addressing reporters here.
India PR Wire
August 23, 2008
HAL unit to manufacture war plane components
Defence Minister A K Antony will lay the foundation stone for the Rs 200-crore Strategic Electronics Manufacturing Factory of the Hindustan Aeronautics Limited at Seethangoli here on Saturday. Industry Minister Elamaram Kareem said electronics components for war planes would be manufactured at the factory in the first phase. An electronic park would be set up in the second phase to manufacture ancillary industries. The minister said the acquisition of 500 acres of land for the purpose at Paivalige is under process.
The New Indian Express
August 20, 2008
Surcharge will hurt industrial sector: Karim
The Electricity Regulatory Commission’s decision to impose a surcharge of 50 paise per unit will have a direct bearing on the industrial sector, Minister for Industries Elamaram Karim has said.
Mr.Karim told mediapersons here on Monday evening that the surcharge would be an additional burden on the industries which were already reeling under the 25 per cent power cut. The real impact had to be studied. It had been decided to revive the 10 per cent price preference scheme for small scale industrial units. The scheme was stopped by the UDF government in 2005. The scheme would be in force till March 31, 2012.
The Hindu
August 20, 2008
Handloom show 2008 from October 17
A Handloom Show 2008 designed to showcase the handloom products of the Trivandrum Cluster to the buyers and the textile designers from the neighbouring states would be organised for two days from October 17 in Thiruvananthapuram. The show would host a buyer seller meet, a seminar on handloom products and its marketing, an exhibition of innovative handloom products and a fashion show. The buyer-seller meet was being organised with an objective to promote handloom products and develop the handloom industry by exploring new markets, said Industry Minister Elamaram Kareem.
The New Indian Express
August 20, 2008
Govt to appoint committee
The Government would appoint a committee to submit recommendations for saving the debt-ridden handloom cooperative societies in the State, Industries Minister Elamaram Kareem has said. Most of the societies have huge debt liability and the government was contemplating a package to overcome this crisis. Widespread irregularities had also been reported in some of the societies and strict action would be taken against them, the Minister said.
The New Indian Express
August 20, 2008
Khadi workers to get more
Kerala Khadi Board chairman and Industry Minister Elamaram Kareem said that the State Government proposes to double the wages of Khadi workers by revising the present wages and incentives. The Minister has announced 15 percent increase in the festival allowance to Khadi workers this year.
The New Indian Express
August 17, 2008
Foundations for HAL unit in Kasaragod to be laid on Saturday
Union Defence Minister A.K. Antony said here on Sunday that the foundation stone for a manufacturing unit of Hindustan Aeronautics Ltd. would be laid in Kasaragod district on August 23. The State Industries Department, particularly Industries Minister Elamaram Karim, has been working closely with Mr.. Antony to facilitate increased Central investment in Kerala and the two sides have been happy to share credit for the same. The State government is looking forward to some more major investment decisions from the Centre in the coming days.
The Hindu
August 12, 2008
HAL plans factory in Kasaragod
Hindustan Aeronautics Ltd. (HAL), a premier aviation company and leading public sector undertaking, Navaratna, is planning to set up a Strategic Electronics Manufacturing factory on 200 acres of land in the Kinfra Industrial Park at Seethangoli in Kasaragod district. The HAL proposes to invest Rs.200 crore in the venture.
According to official information here on Monday, Defence Minister A.K. Antony will lay the foundation stone for the factory at a function at the Kinfra Industrial Park on August 23. Industries Minister Elamaram Kareem will preside.
The Hindu
August 12, 2008
Private participation must, say Ministers
Industries Minister Elamaram Karim has said that the State government is considering giving sanction to projects estimated at Rs. 10,000 crore drawn up by the private sector for developing Kochi and its suburbs. Bigger projects have been envisaged for north Kerala.
The Hindu
August 08, 2008
Global SMT & Packaging India
Electronics industry has been identified as an area of strength of the State. Kerala State Industrial Development Corporation (KSIDC) will act as the nodal agency for promotion of investment in industrial and related sectors with an investment of Rs. 5 crores and above. To make the investment hassle free, an effective single window system has been introduced as well, said Elamaram Kareem, Minister for Industries, Govt. of Kerala in a conversation with Debasish Choudhury, Regional Editor, Global SMT & Packaging India.
Globalsmtindia
July 17, 2008
State drops plans for Russian tie-up
Industries Minister Elamaram Karim said in the Assembly on Wednesday that the government had decided to drop plans for establishing a titanium sponge unit in the State through direct negotiations with the Russian company Rosoboron. The Minister was replying to the debate on the demand for grants for Industries during which the Opposition alleged that the government was proposing to sign a costly agreement with the Russian company.
The Hindu
July 15, 2008
Electronic hubs to be set up
The government will set up electronic hubs in Thiruvananthapuram and Kochi to attract electronic hardware industries to the State, Minister for Industries Elamaram Karim has said. Replying to questions in the Assembly on Monday, the Minister said the government had already identified 1,149 acres of land in Kochi for setting up the proposed hub. Mr. Karim said a committee had suggested that the government offer a package of incentives for attracting electronic industries and create an investor-friendly climate and infrastructure facilities.
The Hindu
June 30, 2008
Kochi, Palakkad on HAL radar
Hindustan Aeronautics Limited (HAL) has been given the take-off signal to set up an electronics and avionics plant in Kasargod. HAL’s board of directors stamped its approval last week on a feasibility report prepared by a technical committee that visited the State in April. From a Kerala point of view, the move underlines the strengthening bond between CPM Minister Elamaram Kareem and Defence Minister A K Antony marking the beginning of a pragmatic relation where both give more import to long-term growth targets than to short-term political goals.
The New Indian Express
June 29, 2008
Railways, Kerala in pact for coaches, wagons
The ministry of railways and Kerala's department of industries and commerce on Saturday signed a pact to form a joint venture for fabrication of bogie frames for passenger coaches and walls of railway wagons. According to an official statement, the new entity will utilise the land and other assets of Steel Fabrication Unit (SFU) and Autocast of Steel Industrials Kerala Ltd, a public sector undertaking of Kerala.
The Economic Times
June 29, 2008
Railways and Kerala govt signs MoU
The Ministry of Railways and Department of Industries and Commerce, Government of Kerala has signed a Memorandum of Understanding (MoU) to form a joint venture (JV) company for fabrication of bogie frames for passenger coaches and side/end walls for the wagons of the Indian Railways. The new JV will utilise the existing land and other assets of Steel Fabrication Unit (SFU) and Autocast located at Kerala.
Business Standard
June 29, 2008
Load-shedding unavoidable, says Karim
Industries Minister Elamaram Karim has said that the half-an-hour load-shedding that took effect from Friday was unavoidable as there was a 400 MW shortage in power generation during peak hours on account of delayed monsoon.
The Hindu
June 25, 2008
Kerala firm banks on sulphur from Kuwait to survive
Travancore Titanium Products Ltd (TTP), promoted by the Kerala government, is planning to source sulphur from the Kuwait Petroleum Corp. (KPC) at rates lower than that reigning in India, a top official said. State industries minister Elamaram Kareem admitted the problem in the assembly Tuesday. "A team from here has had discussions with KPC to see if they could supply us sulphur," he said in response to a calling attention motion raised by K.V. Thomas on TTP.
The Economic Times
June 24, 2008
Steps being taken to restart production in TTP
Steps are being taken to restart production at the Travancore Titanium Products (TTP) here which was suspended for the past two months following steep increase in the prices of raw materials needed for the factory, State Industries Minister Elamaram Kareem told the assembly today.
Business Standard
June 23, 2008
Govt mulls autonomy to profit-making PSUs : Minister
Kerala Industries Minister Elamaram Kareem today said his government was planning to grant autonomous status to certain profit-making state PSUs. Addressing a gathering at the 'Trade Union Leaders Meet' organised by the Public Sector Restructuring & Internal Audit Board and Department of Industries & Commerce here, he said ''the autonomous status would be given to the profit-making PSUs to avoid inordinate delay in sanctioning of projects funded by them.'' He said the government would support the PSUs until they attain the capability to compete with private companies in the market.
NewKerala.com
June 20, 2008
Pharma firm on revival path
Industries Minister Elamaram Karim has called upon the Kerala State Drugs and Pharmaceuticals Limited (KSDP) to improve its performance and reach a level where it could ensure adequate drug supply to the public health sector and compete with private pharmaceuticals in the general market.
Presiding over the inauguration of the Rs.20 crore-renovation project of the State government for KSDP at Kalavoor on Thursday, Mr. Karim said KSDP was being revived from the brink of closure. However, the government could not continue to prop it up using money from the exchequer.
The Hindu
June 18, 2008
Rs 255-crore makeover for khadi sector
The Khadi industry is all set to get another face-lift. The government has decided to invest Rs 255 crore on a three-pronged strategy for the sector’s development. The target population for the scheme is about 40,000 people across Kerala, Tamil Nadu, Maharashtra, Karnataka, Orissa and Andhra Pradesh.
The Economic Times
June 16, 2008
Khadi Board will procure raw cotton: Kareem
Industry Minister Elamaram Kareem said that the Kerala Khadi Board would be entrusted with the responsibility of procuring the raw cotton required by the Khadi sector in the state. Inaugurating the Flag Ship project of the Khadi and Village Industries Association at Avenissery here on Friday, he said that procurement of cotton during the crop season has become necessary following the decision of the Central Government to export cotton resulting in the shortage of quality cotton in the country.
The New Indian Express
June 12, 2008
PSUs' profit down by Rs 11 cr
While the party and the minister insist that thenumber of profit-making PSUs has increased, figures show that there is a decrease of Rs 11 crore in the profit during 2007-08 compared to the previous year. What remains commendable is the gesture from the Centre on strategic tieups between NTPC and TELK, Railways and SILK, Autokast and SAIL and Hitech Industries and BrahMos.
The New Indian Express
May 28, 2008
Kerala likely to get eight new SEZ
The Kerala government is planning to forward eight applications for the establishment of Special Economic Zones (SEZ) to the centre, an official said here on Tuesday. The state already has one SEZ at Kochi, and 11 approved and two approved in principle zones. Speaking to reporters here, State Industries Minister Elamram Kareem denied reports that there had been a difference of opinion between Chief Minister V.S. Achuthanandan and himself over the delay in clearing 17 pending applications.
DNA
May 28, 2008
LDF government wooing private investments in Kerala
The CPI-M led LDF government in Kerala is in the process of wooing private investments to the tune of Rs.10,000 crore and also plans a mega joint venture project with Russian based company Roseboron to set up a 10,000 tonne capacity t itanium sponge unit, said the State Industries Minister Mr Elamram Kareem on Tuesday.
Businessline
May 28, 2008
LDF Govt wooing private investments in Kerala
CPI-M led LDF government in Kerala is in the process of wooing private investments to the tune of Rs.10,000 crore and also plans a mega joint venture project with Russian based company Roseboron to set up a 10,000 tonne capacity titanium sponge unit, State Industries Minister Elamram Kareem said on Tuesday.
The Hindu
May 28, 2008
Kerala targets Rs 10,000 cr private investment this year
The Kerala government targets at least Rs 10,000-crore private investment in the current fiscal. With CPI(M)-led the LDF government taking a stern stand against labour union demands like 'nokku kooli', 'bhoota panam' etc ( toll claimed by idling supervisors), investors, especially NRIs, has started going bullish on parking their projects on viable projects, in Kerala, State industry minister Elamaram Karim said.
The Financial Express
May 28, 2008
InKel signs up IL&FS as chief consultant
Infrastructure Kerala (InKel), a newly formed infrastructure PPP, has identified IL&FS as its chief consultant. With 74% equity from NRIs and 26% from Kerala government, the PPP had been scouting for a consultant to give technical handholding in the infrastructure projects in its basket. InKel has more than 12 mega projects at hand, InKel Chairman Elamaram Karim told FE. "Now that a consultant with expertise has been identified, a masterplan, detailing the factors that lead to growth of infrastructure sector in Kerala, will be charted out soon," he said.
The Financial Express
May 28, 2008
Kerala gets pros to turn PSUs around
IPS officers running state public sector units (PSUs) and political appointees holding key posts there are soon going to be passé in Kerala, where the sagging fortunes of PSUs are witnessing a revival with the induction of professional managers. "We have introduced a system to induct professional managers in PSUs, and the results are already showing after just six months of operations under the guidance of the experts", Kerala industry minister Elamaram Kareem told ET.
The Economic Times
May 28, 2008
Kerala minister denies irregularities in titanium plant deal
Denying irregularities in the deal with a Russian company to build a 10,000-tonne titanium sponge plant at Kollam, Kerala Industries Minister Elamaram Kareem Tuesday said the cost of the project had exceeded initial estimates since the cost of land was being included in the total amount. Kareem said 100 acres of land has been acquired for the project and this, as well as the cost of additional infrstructure, has been taken into account while calculating the total cost of building the plant at Kollam, about 70 km from here.
Calcutta News.Net
May 28, 2008
Rs.10,000-cr. investment in Kerala soon
Kerala Industries Minister Elamaram Karim said that major projects entailing private investment of nearly Rs.10,000 crore were in the pipeline in Kerala.
The Hindu
May 20, 2008
State's growth depends on small units
Industries Minister Elamaram Kareem has said that the growth of the state is depending on the small-scale industries. Inaugurating the multi-storey building of the Kerala State Small-Scale Industries Association here on Monday, Kareem said that 10 lakh people were working in the smallscale industrial units in the state.
The New Indian Express
May 16, 2008
More industries in Thrissur planned
Industries Minister Elamaram Karim has said the Government had major plans for industrial development in Thrissur.
The Hindu
May 16, 2008
Minister for raising salaries of CEOs
Industries Minister Elamaram Karim has said that he wants to raise the salaries and benefits for chief executive officers of public sector units.
The Hindu
May 14, 2008
Awards for small, micro enterprises
Enterprising entrepreneurs running highly successful small and micro industrial units are being honoured with government awards at a function in Thrissur on Thursday.
The Hindu
May 13, 2008
SAIL signs MoU with Kerala to revive SCL
Steel Authority of India Limited (SAIL) has signed a memorandum of understanding with the government of Kerala for revival of the loss-making Steel Complex Limited (SCL), a 50,000 tonnes per annum company producing continuous cast billets which is used by re-rollers for producing TMT bars for the construction industry.
The Times of India
May 06, 2008
NIFT comes to Kannur
The ninth centre of the National Institute of Fashion Technology (NIFT), inaugurated by Union Minister for Textiles Shankersinh Vaghela at Mangattuparamba in Kannur on April 19, will become a full-fledged institution of fashion business education in three years.
The Hindu - Education Plus Kerala
May 03, 2008
Steel Complex gets a new lease of life
Steel Complex Limited (SCL) will get a new lease of life as Chief Minister V.S. Achuthanandan inaugurates the function to sign a Memorandum of Understanding (MoU) between the SCL and the Steel Authority of India Limited (SAIL) signalling the start of a joint venture here on Saturday.
The Hindu
May 03, 2008
Steel Complex, SAIL sign MoU
The state-owned Steel Complex Limited (SCL) and the Steel Authority of Limited (SAIL) on Saturday signed a Memorandum of Understanding for starting a joint venture here. The MoU was signed in the presence of Union Steel Minister Mr Ram Vilas Paswan and the Kerala Chief Minister Mr V S Achuthanandan.
Business Line
May 03, 2008
SCL, SAIL sign MoU for maiden joint venture in Kerala
The state-owned Steel Complex Limited and the Steel Authority of Limited on Saturday signed a Memorandum of Understanding for starting a joint venture. The MoU was signed in the presence of Union Steel Minister Ram Vilas Paswan and Chief Minister V S Achuthanandan.
The Economic Times
April 30, 2008
Kerala to ink agreement with SAIL
The ailing Kerala government-owned Steel Complex Ltd SCL) at Kozhikode will be now managed by public
sector Steel Authority of India Ltd (SAIL) as a joint venture project. "The agreement to this effect would be inked on May 3 at Kozhikode," state Industries Minister Elamaram Kareem told reporters here Tuesday.
The Economic Times
April 30, 2008
SAIL to invest 50% in Kerala steel PSU, MoU on May 3
Steel Authority of India (SAIL) is poised to invest 50% in Steel Industries Limited Kerala (SILK) for manufacturing high-quality steel with minimal carbon contamination. The memorandum of understanding (MoU) for the JV will be signed on May 3 in Kozhikode, in the presence of Union minister for steel Ram Vilas Paswan.
The Financial Express
April 30, 2008
SAIL to tie up with Steel Complex
Foreseeing a major leap in its development, the Kozhikode-based Steel Complex, a public sector unit under the State Government, is entering into a joint-venture with the Steel Authority of India Limited (SAIL) for setting up thermo-mechanical-treatment (TMT) steel rolling mill.
The New Indian Express
April 29, 2008
Separate water supply for industries soon: Karim
The State government is planning to separate industrial water supply from drinking water supply, Industries Minister Elamaram Karim has said. At present, both a being supplied from a single source.
The Hindu
April 22, 2008
State PSUs on comeback trail: Karim
Industries Minister Elamaram Karim has claimed that the State public sector undertakings (PSU) are on a comeback trail.To back this up, Mr. Karim pointed out that 27 of the 42 PSUs run by his department had made a profit, though marginally, in the 2007-08 fiscal year. Of these, eight companies had been in the red in the previous fiscal, but had managed to turn around. At a time when State PSUs across the country were sinking, Kerala’s PSUs’ performance was remarkable, Mr. Karim claimed.
The Hindu
April 21, 2008
Fashion industry should focuss on new tech: Vaghela
With India fast making its presence felt in the global fashion market, the future of the country's fashion industry would depend on wide-based designs, flourishing retail market and state-of-the-art technologies, Union Textiles Minister Shankarsinh Vaghela said on Saturday. The Minister, who also laid the foundation stone for the NIFT building complex at the venue, said "The opening of NIFT centre in Kannur will help in the development of competencies and the skills of the weavers in critical areas essential for the traditional industry to compete with modern high class sesign centres and business entrepreneurs."
The Economic Times
April 21, 2008
Centre ready to approve textile park: Vaghela
Union Textiles Minister Sankersinh Vaghela has said that his Ministry will give approval if textile industry in Kannur submits a proposal for setting up a project under the Scheme for Integrated Textile Parks (SITP).
The Hindu
April 19, 2008
SHRI VAGHELA TO INAUGURATE NIFT CENTRE
The Union Minister for Textiles, Shri Shankarsinh Vaghela, will inaugurate the National Institute of Fashion Technology (NIFT) Centre, Kannur and lay the Foundation Stone for the NIFT Office Buildings at Kannur, Kerala.
PIB
April 14, 2008
Definite agenda for IT sector: Karim
Industries Minister Elamaram Karim said here on Saturday that the government had a definite agenda for improving the Information Technology (IT) and Information Technology-Enabled Services (ITES) sectors in the State.
The Hindu
April 14, 2008
Industry study forecasts bright future for Kerala by 2025
Kerala will be a vibrant, sustainable modern state providing its residents a globally comparable quality of life and opportunities to excel in their chosen walks of life, says Vision Kerala 2025, a study by the Confederation of Industries-Kerala State Council.
The Peninsula
April 12, 2008
LDF govt wooing private investors
The CPI(M)-led LDF government is making efforts to bring private investment in industrial sectors and was willing to support private capital if it is suitable to the social, ecological set up in the state, State Industries Minister Elamaram Kareeem today said.
Outlook
April 10, 2008
Rs 10 cr for TTP to tide over crisis
A high-level committee chaired by Chief Minister V S Achuthanandan decided to sanction Rs 10 crore to run the crisis ridden Travancore Titanium Products Limited (TTP) for the next three months.
The New Indian Express
April 08, 2008
Boost to farm industries
A company that would aim at giving a big boost to coconut development and other industries would be set up at Kuttiadi with funds from Central and State governments, Industries Minister Elamaram Karim announced while inaugurating a workshop on the 'possibilities in food processing' at Kuttiadi, near here, on Monday.
The Hindu
April 05, 2008
Await a bamboo treat
After all those wonderful bamboo crafts from the North-East, citi-zens are now going to be pampered with yet another exotic expo of bamboo products. This time, though, it will be our own craftsmen from the hinterlands of Kerala who will be displaying an astonishing array of unique and ethnic bamboo products.
The New Indian Express
March 28, 2008
Right time for investment, Kareem tells entrepreneurs
Industries Minister Elamaram Kareem, on Thursday, said the existing investor-friendly climate in the state has to be utilised for development of small and medium industries and to create better job opportunities.
The New Indian Express
March 25, 2008
Kinetic Kinfra
According to Minister for Industries Elamaram Kareem, Kinfra is soon to implement 11 new projects that are expected to attract private investment to the tune of Rs.850 crore and would generate around 25,000 jobs. In the past two years, industrial parks developed by Kinfra have attracted investments worth Rs.102 crore with an employment potential of 7,500.
Frontline
March 22, 2008
SCL to set SAIL
The Steel Complex Limited (SCL), near Feroke here, and Central public sector unit Steel Authority of India Limited (SAIL) will sign a Memorandum of Understanding (MoU) soon for a joint venture, Industries Minister lamaram Kareem said here on Thursday.
The New Indian Express
March 15, 2008
Move to revive Travancore Rayons
A high-level meeting held in Thiruvananthapuram on Friday has decided to sign a memorandum of understanding (MoU) with Elanjikkal group, the proposed promoters, for revival of Travancore Rayons Limited, Perumbavoor. The meeting was presided over by Chief Minister V.S.Achuthanandan and was attended by political leaders and officials. Industries Minister Elamaram Karim, Leader of the Opposition Oommen Chandy, Saju Paul, MLA, Babu Paul, MLA, and Sheila Thomas, principle secretary to the Chief Minister were among those present at the meeting, according to sources associated with the company.
The Hindu
March 14, 2008
Setting eyes on IT heights
The electronics industry is to play a vital role in supporting the IT industry in the State. Once this is done, Kerala will be a destination with total solutions for the IT industry, Industries Minister Elamaram Karim has said.
The Hindu
March 08, 2008
Kerala FM presents Rs 627-cr deficit budget
In power sector, Rs 14 crore has been set aside this year for setting up a non-conventional energy park through the State agency Kinfra.
The Financial Express
March 08, 2008
IRs. 50 cr. for modernisation of PSUs
Finance Minister T.M. Thomas Isaac has earmarked Rs.50 crore for modernisation and restructuring of public sector units (PSUs), drawing confidence from the increase in the number of such units.
The Hindu
March 05, 2008
KEL exporting alternators to Tanzania
Fifteen alternators estimated at Rs. 45 lakh from the Kundara unit of Kerala Electrical and Allied Engineering Company (KEL) is being exported to Tanzania for use in the railway system in that country. This is the first time that KEL products are hitting the export market, and the first consignment has arrived at the Kochi port, said a ress release
here on Tuesday.
The Hindu
February 27, 2008
HMT land sale legal, says State government
HMT Limited is legally entitled to deal with its 100 acres of land at Kalamassery in Ernakulam and the assignment of 70 acres of the land to a Mumbai-based company would not be invalid or illegal either for want of consent from the government or for non-utilisation of the land for industrial purpose, according to an affidavit filed by the State government before the Kerala High Court.
The Hindu
February 24, 2008
'HMT land deal was legal'
After the P J Thomas committee submitted its findings on the HMT land deal controversy, Industry PrincipalSecretary T Balakrishnan submitted a separate report to Industry Minister Elamaram Kareem.
The New Indian Express
February 24, 2008
Much ado about nothing
The CPM inquiry committee comprising Home Minister Kodiyeri Balakrishnan and Finance Minister Thomas Isaac has given a clean chit to Industry Minister Elamaram Kareem on the HMT land deal and Cyber City project.
The New Indian Express
February 22, 2008
Centre had given nod to HMT land deal
Industries Minister Elamaram Kareem who participated in the seminar said that the HMT land deal was made in line with the policies of the Central Government. The Central Vigilance Board had sanctioned the deal after conducting necessary inspections.
The New Indian Express
February 22, 2008
Controversies scaring Investors away
Finance Minister T.M. Thomas Isaac said here on Thursday that the people who scared away investors from Kerala by raking up unnecessary controversies were doing the kind of damage the 'Vimochana Samaram' had done to the State for several decades.
The Hindu
February 21, 2008
Healthy trend in IT, tourism, industry sectors: Governor
In the industries sector, the government's approach was to convert the public sector units into profitable ones, rather than close down the loss-making ones, according to Governor R.L. Bhatia in his address to the State legislature on Wednesday.
The Hindu
February 09, 2008
Keltron at Nandi
Aimed at generating employment opportunities for rural youth in IT sector, the Kerala State Electronics Development Corporation Ltd (Keltron) and Bangalore-based Edutech Nettur Technical Training Foundation (NTTF) have jointly set up a training centre at Nandi near Koyilandi. The centre, claimed to be the first one of its kind in the district, will be inaugurated by Industries Minister Elamaram Kareem on Friday.
The New Indian Express
February 09, 2008
Industry Secretary submits separate report to Kareem
Upset over the report of Chief Secretary P J Thomas recommending the government reclaim the controversial HMT land, Industry Principal Secretary T Balakrishnan has submitted a separate, detailed report to Industry Minister Elamaram Kareem justifying the land deal between HMT and Blue Star Realtors to set up CyberCity.
The New Indian Express
February 08, 2008
Avoid controversies to attract investments
Industries Minister Elamaram Kareem has said that unnecessary controversies on the land acquisition shall be avoided to attract investments in the state.
The New Indian Express
February 07, 2008
Industrial growth is prime concern
The government is interested only in giving opportunities to investors and entrepreneurs for the State's industrial development and not in real estate deals, Industries Minister Elamaram Karim has said.
The Hindu
February 06, 2008
Land deal was transparent: HMT
Hindustan Machine Tools (HMT), whose recent sale of land at its Kalamassery estate has run into a controversy, said on Tuesday that it had 'clear, heritable and alienable rights on the land in question'.
The Hindu
February 05, 2008
Karim refutes reports on HMT land deal
Industries Minister Elamram Karim on Monday refuted reports that he had stated that the government would go ahead with the Cyber City project even if the sale deal between HMT and private company Blue Star Realtors was cancelled.
The Hindu
February 04, 2008
Talks under way on BHEL-KEL tie-up
Kerala Electrical and Allied Engineering Company Limited (KEL) and Bharat Heavy Electricals Limited (BHEL) are contemplating a joint venture for the manufacture of 'brushless alternators' used in the power cars of trains. Talks on the joint venture are in an advanced stage, according to a top official. The project will involve an investment of around Rs.60 crore by the Union public sector BHEL in Kerala.
The Hindu
February 02, 2008
Kerala writes to Centre on HMT land deal
Kerala government has written to the Centre asking it to examine the complaints regarding the sale of public sector HMT's land to the promoters of Cyber City project near Kochi. A letter had been sent to Union Minister of State for Heavy Industries Santosh Mohan Dev in this regard, Kerala Industries Minister Elamaram Kareem told reporters here on Friday.
The Hindu
February 02, 2008
Boost for technology incubation
The government will encourage the setting up of incubation centres in all engineering colleges and polytechnics so that entrepreneurship becomes a part of the State's culture, Chief Minister V.S. Achuthanandan said here on Thursday. He was inaugurating the second annual conference of Indian STEPs (Science and Technology Entrepreneurs' Parks) and Business Incubation Association (ISBA) at Technopark.
In his presidential address, Industries Minister Elamaram Karim said the government was determined to explore the possibilities of utilising the agro and marine resources of the State and had plans to set up food processing parks, rubber parks, spices parks and herbal parks.
The Hindu
January 28, 2008
Govt to unveil package for families hit by Kannur airport project
The Kerala State Infrastructure Development Corporation (KINFRA) has been appointed as the nodal agency for the land acquisition and Rs2.5bn is being mobilised from financial institutions for the purpose.
Gulf Times
January 25, 2008
Kerala to press for CBI probe on KMML-MECON pact
The Kerala government will press for CBI probe on Rs 1,115-crore MECON-KMML (Kerala Minerals and Metals Ltd) pact.
The Financial Express
January 23, 2008
Cyber City to be built in Cochin
After Smart City and High-Tech City, a Cyber City is set to come up in Kerala's port city of Cochin to exploit its immense potential in IT and IT enabled services.
Khaleej Times
January 23, 2008
Entrepreneurs prefer Kerala, UP over the rest, says KPMG
Kerala is the most conducive state for entrepreneurship while Gujarat lies much below the national average level of a conducive entrepreneurial environment, according to a new KPMG-TiE study measuring the 'Entreprenural Confidence Index (ECI)'in 10 states across India.
The Indian Express
January 21, 2008
Stone laid for Cyber City
Industries Minister Elamaram Karim has said that Kerala is passing through a rapid pace of development. While the State is keen to attract private investment, the government will ensure that investors comply with the rules and regulations.
The Hindu
January 21, 2008
Foundation laid for HDIL Cyber City in Kochi
Kerala Industry Minister Elamaram Kareem laid the foundation stone for the Rs 40-bn 'Housing Development Infrastructure Limited Cyber City' here yesterday even as Chief Minister V S Achuthanandan kept off the occasion of the "most important" private sector investment in the state.
The Peninsula
January 21, 2008
Infrastructure majors flock to Kerala city
Kerala's port city Kochi is becoming the new destination for infrastructure majors both from India and the Gulf.
The Gulf Times
January 18, 2008
Centre approves setting up airport at Kannur
Kerala is poised to get a new airport, with the Union Government on Thursday approving its establishment at Kannur through public-private partnership. A joint venture company would be set up between a private strategic partner with a 74 per cent equity and state government entity KINFRA, which would have 26 percent.
The Times of India
January 18, 2008
GOVERNMENT APPROVES GREENFIELD INTERNATIONAL AIRPORT AT KANNUR, KERALA
The Government today has given 'in principle' approval to the Government of Kerala (GoK) for setting up of a Greenfield International Airport through the PPP route at Kannur in relaxation of the Policy on Airport Infrastructure relating to Greenfield Airports. A Joint venture Company (JVC) between KINFRA, a GOK entity with 26% equity participation and a private strategic partner with 74% equity participation would formed for this purpose.
PIB
January 12, 2008
Compact Disc`s Kerala centre to be ready by year-end
We will begin operations at the Kinfra Film and Gaming SEZ in the state capital suburb of Kazhakkoottam. Integrated media and entertainment company, Compact Disc India Ltd (CDI), will start operations from Kerala by this year end.
Business Standard
January 10, 2008
Indian diaspora allured by the name of welfare, development
Kerala minister for industries, Elamaram Kareem suggested the constitution of a Core Group and setting up of regional level single window clearance systems for PIO investments and projects.
the Financial Express
January 10, 2008
KERALA ANNUAL PLAN 2008-09 FINALIZED
Annual Plan size for Kerala for the year 2008-2009 was finalized, here today at a meeting between the Deputy Chairman, Planning Commission, Shri Montek Singh Ahluwalia and Chief Minister of Kerala, Shri V.S Achutanandan. The Plan outlay has been agreed at Rs.7700 crores. This includes additional Central assistance of Rs.100 crores for projects of special importance to the State.
PIB
January 08, 2008
NTC to revive 1 mill in Kerala
Buoyed by five of its mills being successfully bid by private players through joint venture route for modernisation, the National Textile Corporation (NTC) is keen to re-bid another dozen NTC mills through this mode and the process would be set off within a week.
Thehindubusinessline
January 07, 2008
Time for industrial resurrection in Kerala
Efforts are afoot to lend a fresh life to more PSUs plunged into the red. Discussions are on with Steel Authority of India (SAIL) to revive Steel Complex, a unit under the Steel Industries Kerala (SILK) and with Bharat Heavy Electricals (BHEL) to restart Kerala Electricals Ltd (KEL). This has changed the whole scenario.
The New Indian Express
January 04, 2008
Rs 50 cr for food park
The Centre will extend financial assistance of Rs 50 crore to the state for setting up a mega food park, said Subodh Kant Sahay, Union Minister of State for Food Processing Industries .
The New Indian Express
January 03, 2008
Russian-Indian BrahMos JV buys plant to double missile production
The Russian-Indian joint venture BrahMos has bought a manufacturing plant in south India to double production of its supersonic cruise missiles.The joint venture has bought a plant from state company Kerala Hightech Industries Ltd, the purchase that would allow it to bring production to 50 BrahMos missiles a year.
Budapest Business Journal
January 03, 2008
Trivandrum Spinning Mills on revival path
THE New Year day marked the revival of the Trivandrum Spinning Mills at Balaramapuram. The mill was formally handed over to the Kerala State Textiles Corporation by the Official Liquidator for revival at a function held on the mill premises on Tuesday.
The New Indian Express
January 03, 2008
The twists and turns that led to Keltec takeover
It was a somewhat unique event that those gathered at the inauguration of BrahMos Aerospace Thiruvananthapuram Ltd. were witness to here on Monday evening.
The Hindu
January 02, 2008
Brahmos buys plant for missile-making
A Russian-Indian joint venture bought a manufacturing facility in India so it can double production of its supersonic cruise missiles, the company said.
United Press International
January 02, 2008
Russian-Indian BrahMos JV buys plant to double missile production
The Russian-Indian joint venture BrahMos has bought a manufacturing plant in south India to double production of its supersonic cruise missiles, a company spokesman said on Monday.
RIA Novosti
January 02, 2008
BrahMos Aerospace (Tvm) goes live with Rs 1000-cr agenda
At least Rs 1000-crore investment will be pumped into in the new Kerala unit of BrahMos Aerospace Corporation in Kerala in next four years, according to DRDO Chief Controller and BrahMos Corp CEO A Siva Thanu Pillai.
The Financial Express
January 02, 2008
BrahMos zooms in
BrahMos Aerospace Thiruvananthapuram Ltd, Kerala's first defence production unit and the one that will build Brah- Mos cruise missiles, came into being on Monday when Chief Minister V S Achuthanandan handed over Kerala Hi-tech Industries Ltd (Keltec) to Defence Minister A K Antony.
The New Indian Express
January 02, 2008
BrahMos missiles will be assembled in Kerala
BrahMos, the world's fastest cruise missile jointly developed by India and Russia, would be assembled in Kerala.
Khaleejtimes
December 31, 2007
Kerala - hub of the future
When Chief Minister V.S.Achuthanandan gifts the state-run Kerala Hi- Tech Industries Ltd (Keltec) to BrahMos Aerospace on Monday for building its missiles, it will signal the growing role of Thiruvananthapuram - and Kerala - in the defence and aerospace segments of the country.
The New Indian Express
December 30, 2007
Formal takeover of KELTEC on Monday
BrahMos Aerospace will formally take over KELTEC on December 31 when Chief Minister V S Achuthanandan hands over the state-owned undertaking to Defence Minister A K Antony at a function being held here.
The New Indian Express
December 30, 2007
Cruise missile to be made in Kerala
BrahMos, the world's fastest cruise missile jointly developed by India and Russia, will be produced in Kerala. Defence Minister A K Antony will rename the state-owned Kerala High-Tech Industries Limited (Keltec) as BrahMos Aerospace (Thiruvananth-puram) Limited.
Gulf Times
December 29, 2007
BrahMos Aerospace to invest Rs 1000 cr
An estimated investment of Rs 1,000 crore is expected within four years after the take over of state-run Kerala Hightech Industries Ltd (KELTEC) here by BrahMos Aerospace.
The Economic Times
December 28, 2007
All set for Keltec take over
Industries Minister Elamaram Karim visited the Kerala Hitech Industries (Keltec) which is being taken over by the Centre.
The Hindu
December 27, 2007
Keltec transfer a paradigm shift
The formal handing over of the ailing State Public Sector Unit Kerala Hitech Industries Limited (Keltec) to BrahMos Aeorspace on December 31 would mark a paradigm shift in Kerala's industrial scene.
The Hindu
December 27, 2007
Azhikkal SILK unit to make boats
Industries Minister Elamaram Karim has said that the Azhikkal unit of Steel Industries Ltd. Kerala (SILK) will be developed into a modern boat-making unit.
The Hindu
December 18, 2007
UAE business delegation to invest in Kerala
State Industries Minister Elamaram Kareem toldreporters that the government had put forward four investment proposals to the delegation.
Earthtimes.org
December 15, 2007
UAE business delegation vists Kerala
A high level business delegation from the UAE on Friday held discussions with Kerala Chief Minister V S Achuthanandan to explore the possibility of investing in the state.
The Economic Times
December 14, 2007
Kerala set for high industrial growth
Industrial growth in Kerala is set for a big take-off,with investment flowing in particularly in the infrastructure sector, said the state's industries minister here Thursday.
Earthtimes.org
December 14, 2007
Kerala govt to go ahead with Spices Park project
Union Minister of State for Commerce Jairam Ramesh's statement that the proposed Spices Park project would be shifted out of Kerala has become controversial. Kerala's Industries Minister Elamaram Kareem has said that the state government would go ahead with the project, as it was conceived by the state initially.
Commodity Online
December 14, 2007
Kerala to go ahead with Spices Park
The Kerala Government will go ahead with the Spices Park project and the process of land acquisition for the project has already commenced, the Industries Minister, Elamaram Kareem, said.
Sify.com
December 14, 2007
Five NRIs on board of Kerala infrastructure company
Five Kerala-born non-resident Indians have been named on the board of Infrastructure Kerala Ltd (InKel), a new infrastructure company formed under a public-private partnership.
Earthtimes.org
December 08, 2007
Karim calls for innovation in bamboo craft
Bamboo should be grown in more areas to replace these plants being cut for industrial purposes, Industries Minister Elamaram Karim said here on Thursday. The Hindu
December 06, 2007
PSU in Kerala to be part of BrahMos missile project
State-run Kerala Hightech Industries Ltd(KELTEC) is all set to become part of the Indo-Russian joint venture cruise missile project, BrahMos Aerospace.
The Times of India
December 05, 2007
Keltec-BrahMos merger: Transfer deed to be signed today
The deed document for handing over state-owned Kerala Hightech Industries (Keltec) to BrahMos for the manufacture of supersonic cruise missiles will be signed on December 5 at a function to be held at Hotel Residency Towers here at 3 pm.
The New Indian Express
December 05, 2007
Centre okays takeover of Keltec by BrahMos Aerospace
BrahMos will set the takeover-process of Kerala PSU Keltec (Kerala Hitec Industries rolling this week. Chief of BrahMos and Chief Controller of Defence Research and Development Organisation (DRDO) A Sivathanu Pillai and T Balakrishnan, Principal Secretary (Industries), Kerala government will sign a deed document to this effect on Wednesday.
The Financial Express
December 02, 2007
Shopping festival begins
The Grand Kerala Shopping Festival, a one-of-its kind event being held in all district headquarters in the State, kicked off on Saturday. Planned as an annual event, it will be held from December 1 this year to January 15, 2008 this time, coinciding with the Christmas and New Year season. The Hindu
November 29, 2007
Keltec employees disband trade unions
The trade unions functioning in the state-owned Kerala Hitech Industries Limited (Keltec) - CITU and INTUC included - have unanimously decided to disband their organisations for the smooth takeover of the ailing Keltec by BrahMos Aerospace.
The New Indian Express
November 28, 2007
Khadi cluster inaugurated
Minister for Industries Elamaram Karim said the KKVIB as decided to introduce marginal automation in the
khadi sector. For this, automated machines will be installed in all the districts. The Hindu
November 14, 2007
International shopping festival in Kerala
An international-level shopping festival, 'Grand Kerala Shopping Festival 2007 (GKSF), organised by the Kerala Government, will be held throughout the 14 districts of the state, from December 1 to January 15, 2008, Kerala Industries Minister, Elamaram Kareem, said Friday.The Hindu
November 14, 2007
Birla Group to set up new multi-crore project at Mavoor
The Birla Group would set up a multi-crore integrated nformation Technology and Electronics Project at Mavoor in Kerala's Kozhikode district.
The Economic Times
November 14, 2007
NIFT Kerala Campus in two years
The National Institute of Fashion Technology’s (NIFT) first campus in Kerala, proposed to be built on an investment of around Rs 60 crore at Morazha, in Kannur, will be up and running in two years' time.Business Standard
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