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Time of India
3 days ago
- Business
- Time of India
Foundation stone for Sidco golden jubilee building to be laid today
Thiruvananthapuram: The foundation stone for the golden jubilee building of Kerala Sidco (Small Industries Development Corporation) will be laid at 3.30pm on Wednesday at the Pappanamcode Industrial Estate. The event, to be inaugurated by industries minister P Rajeeve, will be attended by general education and labour minister V Sivankutty and food and civil supplies minister G R Anil. According to Sidco chairman C P Murali, the new building is being developed to enhance facilities for entrepreneurs, with plans for a marketing support centre, access to raw materials, grievance redressal for estate entrepreneurs and exhibition-cum-sales space for products. An integrated online platform will also be planned as part of the project. The building, spanning 7,200 sq ft across two floors and costing Rs 2.06 crore, will be constructed in front of the existing Sidco pressure die casting unit without disrupting its functioning. Other units, the instrument workshop and woodworking unit, will also remain fully functional, confirmed Sidco managing director R. Jayashankar. He also announced that a Rs 85 lakh road development project for the industrial estate, approved by the working group, was expected to begin later this year. Currently, 94 units, including Sidco's three production units, operate in the estate. Of these, 82 are running smoothly, while four new units are being set up, three are under construction and five remain inactive due to legal or administrative issues. Sidco chairman will welcome the gathering and the managing director will do a project report presentation during the event. Shashi Tharoor, MP, mayor Arya Rajendran and top officials from the industries department and Sidco are expected to attend the event. The Pappanamcode unit has achieved a turnover of over Rs 200 crore for the third consecutive year.
New Indian Express
5 days ago
- New Indian Express
Mortal remains of Keralites who died in Kenya bus accident brought home
KOCHI: The Mortal remains of the five Keralites who were killed after their bus plunged into a gorge in central Kenya, was brought to the Kochi airport on Sunday morning. Accompanied by relatives, the mortal remains were transferred to ambulances stationed at the international terminal arrivals gate, without stopping for public viewing, and taken to their respective home towns in Muvattupuzha, Tiruvalla and Palakkad. Industries Minister P Rajeeve, Non-Resident Keralites Affairs (NORKA) GM Rashmi T and several other officials and dignitaries, who were at the airport, paid last respects to the deceased inside the ambulances. The mortal remains of Jasna Makkar, 29, and her one-and-a-half-year-old daughter Roohi Mehrin from Muvattupuzha, Riya Ann, 41, and her daughter Tyra Rodrigues, 7, from Mannur in Palakkad, and Geetha Shoji Isaac, 58, from Tiruvalla, were brought on a Qatar Airways flight from Doha around 9.15 am. The bodies were handed to the authorities concerned and the ambulances carrying them left the airport by 10.30 am, said a Central Industrial Security Force (CISF) officer
New Indian Express
7 days ago
- Politics
- New Indian Express
Rs 1.25 crore allotted to combat sea erosion in Chellanam
KOCHI: The state government has sanctioned Rs 1.25 crore from the Kerala State Disaster Management Fund to implement temporary coastal protection measures in Chellanam panchayat. The measures were in response to worsening sea erosion in the area. Geo bags filled with sand will be placed in Kannamali, Cheriya Kadavu, and Kattiparambu areas to curb sea intrusion. This was conveyed by Industries Minister P Rajeeve. Geo bags will be installed at seven locations between Kannamali and Manassery to provide temporary protection, he added. The district collector has instructed authorities to start the work on June 14. The work will start at four places where the sea erosion is fiercest, before June 17. The measure has been initiated following the High Court's tough stance on the public interest litigation filed by T A Dalphin and others seeking protection of the coast from Chellanam to Fort Kochi. The petitioners had urged the court to direct the authorities to inform the court of the steps and time frame proposed to be taken for coastal protection before June 17. Work to start today
Time of India
7 days ago
- Business
- Time of India
Government opts for negotiated purchase of 358 acres for Global City in Ayyampuzha
KOCHI : After a wait of three years, Global City at Ayyampuzha is set to become a reality. The district collector granted clearance to proceed with the purchase of land and the revenue department will formally announce the decision soon. However, this will be a 'negotiated' purchase, which is different from the normal govt land acquisition procedure under the Land Acquisition Act. In a negotiable purchase, the govt directly purchases land from the landowner after negotiation with them rather than through acquisition. According to sources, this will avoid delays in acquisition procedures. Meanwhile, the landowner can demand and receive a high amount, if the govt agrees. Normally, the govt adopts negotiable purchases in emergency conditions. Earlier, the Centre refused to grant approval to the proposed project, following which the state govt decided to proceed with the project on its own. Industry minister P Rajeeve recently visited the proposed site and held discussions regarding the land purchasing procedures with revenue officials. As a follow-up action, a committee comprising the district collector, local MLA and grama panchayat president was constituted to coordinate next steps of the land purchase. "It was decided to acquire land through negotiable settlement. As the district collector already cleared our request, we are awaiting the final level order regarding this from the revenue department to start the acquisition procedures," said a senior official of Kinfra , the implementing agency. Global City was proposed as one of the major components of the Kochi-Bangalore Industrial Corridor (KBIC) project. Among the two nodes of KBIC, the industrial manufacturing cluster (IMC) in Palakkad was approved by the cabinet committee on economic affairs six months ago and the state govt transferred 325.26 acres of land for the Palakkad IMC. However, the second node, the proposed Global City, which was intended to span across 358 acres in Ayyampuzha, faced uncertainty as the Union govt placed it on the back burner, citing that the key elements of the development planned in Ayyampuzha were primarily residential and real estate ventures, rather than industrial undertakings as defined by regulation. When 'Kochi Gift City' was envisioned as part of the industrial corridor, the central and state govts agreed to share the project cost equally. After being informed that the Gift City was designated exclusively for Gujarat, the project was renamed Global City. Though the chief minister sought approval from the Centre, the central govt stated that this project cannot be included as part of the industrial corridor. Initially, there was an agreement to allocate Rs 500 crore to acquire 500 acres, but this has now been reduced to 358 acres. Kinfra already received Rs 849 crore from KIIFB for land acquisition. Out of the 358 acres, only 215 acres would be allocated for industrial projects. Consequently, the cost of land for entrepreneurs is likely to increase significantly. These matters will be examined in detail. Efforts are underway to explore how the Global City can be made profitable, the minister said.
Time of India
13-06-2025
- Business
- Time of India
Govt opts for negotiated purchase of 358 acres for Global City in Ayyampuzha
Kochi: After a wait of three years, Global City at Ayyampuzha is set to become a reality. The district collector granted clearance to proceed with the purchase of land and the revenue department will formally announce the decision soon. However, this will be a 'negotiated' purchase, which is different from the normal govt land acquisition procedure under the Land Acquisition Act. In a negotiable purchase, the govt directly purchases land from the landowner after negotiation with them rather than through acquisition. According to sources, this will avoid delays in acquisition procedures. Meanwhile, the landowner can demand and receive a high amount, if the govt agrees. Normally, the govt adopts negotiable purchases in emergency conditions. Earlier, the Centre refused to grant approval to the proposed project, following which the state govt decided to proceed with the project on its own. Industry minister P Rajeeve recently visited the proposed site and held discussions regarding the land purchasing procedures with revenue officials. As a follow-up action, a committee comprising the district collector, local MLA and grama panchayat president was constituted to coordinate next steps of the land purchase. "It was decided to acquire land through negotiable settlement. As the district collector already cleared our request, we are awaiting the final level order regarding this from the revenue department to start the acquisition procedures," said a senior official of Kinfra, the implementing agency. Global City was proposed as one of the major components of the Kochi-Bangalore Industrial Corridor (KBIC) project. Among the two nodes of KBIC, the industrial manufacturing cluster (IMC) in Palakkad was approved by the cabinet committee on economic affairs six months ago and the state govt transferred 325.26 acres of land for the Palakkad IMC. However, the second node, the proposed Global City, which was intended to span across 358 acres in Ayyampuzha, faced uncertainty as the Union govt placed it on the back burner, citing that the key elements of the development planned in Ayyampuzha were primarily residential and real estate ventures, rather than industrial undertakings as defined by regulation. When 'Kochi Gift City' was envisioned as part of the industrial corridor, the central and state govts agreed to share the project cost equally. After being informed that the Gift City was designated exclusively for Gujarat, the project was renamed Global City. Though the chief minister sought approval from the Centre, the central govt stated that this project cannot be included as part of the industrial corridor. Initially, there was an agreement to allocate Rs 500 crore to acquire 500 acres, but this has now been reduced to 358 acres. Kinfra already received Rs 849 crore from KIIFB for land acquisition. Out of the 358 acres, only 215 acres would be allocated for industrial projects. Consequently, the cost of land for entrepreneurs is likely to increase significantly. These matters will be examined in detail. Efforts are underway to explore how the Global City can be made profitable, the minister said. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
