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
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