When it comes to choosing the city you would like to live and work in, it seems you can't have it all. For if Surat promises great money and investment, it's not the best for living in.
Then there's Kolkata that ranks quite high as a city to live in but loses out on making money or investments.
Detailed analysis of the top 10 cities of the country for earning, investing and residing are revealed in a study, The City Skyline of India 2006, published by Indicus Analytics.
The study is based on official statistics and online surveys conducted by Indicus. The survey yields interesting information on what you can expect from various cities.
Surat, having among the highest per capita small business credit, is ranked as a top destination for those seeking employment and doing business. However, it is at the bottom in the list of Alpha cities (the top 10) in terms of good living.
It has the lowest share of households in the top socio-economic category among the Alpha cities. One-third of its households fall in SEC C.
Bangalore ranks first as a city to reside in and second-best to earn money while it makes for a mediocre destination for investment, ranking sixth.
Coimbatore is the best city to invest in but ranks fifth on the earning and good living front. Pune does well on all three counts of earning, investing and residing indices.
It also has one of the lowest unemployment rates in this group of cities and per capita income comparable to the highest in the group. The metros, interestingly, are not the best performers.
Chennai comes tops as a place to invest in and live in. Citizens are satisfied with the educational infrastructure, low crime rate and city infrastructure, but the high unemployment rate, at 27% is a deterrent.
Mumbai figures below average for earning money and just average for investing in. However, flooding notwithstanding, it ranks second-best as a city to live in.
Delhi stands out as the city with the worst power scenario, with only Pune suffering more power cuts. And the 2000s are pointing towards Surat and Coimbatore.
Both have strong economies, good governance, are located between other major centres and are well-connected.
But by their example they've shown how the government and citizens can together turn adversity into an advantage and bring about revolutionary changes in short spans of time.
Courtesy : Times Of India
Tuesday, September 05, 2006
Friday, September 01, 2006
Coimbatore Corporation is serious about parking problem
Even as Chennai was awaiting with bated breath the Supreme Court's verdict on demolition of three floors of The Chennai Silks, the Coimbatore Corporation sent a stern message, by rejecting a building plan, that things might no longer be easy for high-rise structures in the city.
Commissioner P. Muthuveeran tossed back a plan for a multistoreyed shopping complex at Ramnagar, pointing out inadequate parking space compared to the number of shops planned.
Chaos
He said the parking space marked on the plan would be just about enough for the vehicles of the shop owners and staff. Visitors' vehicles would have to be parked on the road and this would add to the chaos on Cross Cut Road. The proposed building is to come up on a site about 200 feet from this road.
The bylane is narrow and will not provide huge parking space. This will only lead to vehicles jostling for space once again on Cross Cut Road, which has very few complexes with parking lots.
By rejecting the plan, the Corporation has indicated clearly that it is seized of the parking space problem in the commercial hubs and that the root cause is building rule violation in almost all multistoreyed structures.
Existing structures
Yet questions remain over action against existing structures though the civic body may be bringing the plans for proposed structures under the scanner.
Two multistoreyed commercial complexes belonging to a single establishment, close to Cross Cut Road, continue to flourish, capitalising on such violations. One of the buildings has two basement shopping areas, while not an inch of parking space has been provided.
Shoppers to both structures slug it out for parking space on either the bylane or Cross Cut Road.
A year ago, the Department of Fire and Rescue Services mentioned the structure with basement shops in its report to the district administration on buildings that compromised on public safety. It warned that a fire or stampede could leave thousands dead.
Safety
"There is no point scrutinising the building plan alone. Check the completed building for violation or unauthorised construction and demolish such structures if they are public buildings and safety is compromised," says the secretary of the Coimbatore Consumer Cause, K. Kathirmathiyon.
Even as the Corporation plans multitier parking lots, frayed tempers among vehicle users on Cross Cut Road, D.B. Road and Oppanakara Street only point the finger at tall buildings that have brought about an enormous problem on the streets.
Courtesy : The Hindu
Commissioner P. Muthuveeran tossed back a plan for a multistoreyed shopping complex at Ramnagar, pointing out inadequate parking space compared to the number of shops planned.
Chaos
He said the parking space marked on the plan would be just about enough for the vehicles of the shop owners and staff. Visitors' vehicles would have to be parked on the road and this would add to the chaos on Cross Cut Road. The proposed building is to come up on a site about 200 feet from this road.
The bylane is narrow and will not provide huge parking space. This will only lead to vehicles jostling for space once again on Cross Cut Road, which has very few complexes with parking lots.
By rejecting the plan, the Corporation has indicated clearly that it is seized of the parking space problem in the commercial hubs and that the root cause is building rule violation in almost all multistoreyed structures.
Existing structures
Yet questions remain over action against existing structures though the civic body may be bringing the plans for proposed structures under the scanner.
Two multistoreyed commercial complexes belonging to a single establishment, close to Cross Cut Road, continue to flourish, capitalising on such violations. One of the buildings has two basement shopping areas, while not an inch of parking space has been provided.
Shoppers to both structures slug it out for parking space on either the bylane or Cross Cut Road.
A year ago, the Department of Fire and Rescue Services mentioned the structure with basement shops in its report to the district administration on buildings that compromised on public safety. It warned that a fire or stampede could leave thousands dead.
Safety
"There is no point scrutinising the building plan alone. Check the completed building for violation or unauthorised construction and demolish such structures if they are public buildings and safety is compromised," says the secretary of the Coimbatore Consumer Cause, K. Kathirmathiyon.
Even as the Corporation plans multitier parking lots, frayed tempers among vehicle users on Cross Cut Road, D.B. Road and Oppanakara Street only point the finger at tall buildings that have brought about an enormous problem on the streets.
Courtesy : The Hindu
Wednesday, August 30, 2006
Coimbatore Kid clears Microsoft Certification @ record age of <9
click here for the post in thamizh
At the age of eight years and eleven months, Armaan Varadaraj, a Standard IV student of G.D. Matriculation Higher Secondary School here, passed the Microsoft Certified Professional course, making him one of the youngest to do so.
"My father taught me computers," says Armaan, who uses a Mac desktop machine at home to create websites, play interactive games he has loaded on his own, use search engines, surf the Net and take photos using the built-in camera.
Cricket and tennis are his favourite games and history, his preferred subject in school. He plays the violin too. During free time he reads adventure stories, plays with his Labradors — Hastings and Watson — and watches detective films based on books by Agatha Christie.
He is now preparing for examinations to obtain the Microsoft Certified Systems Engineer (MCSE) qualification. His earlier course taught him about computer networks and troubleshooting to rectify errors.
Before obtaining his MCP certification, he did online tests, choosing the best option from among several choices. Some tests required him to "drag and drop" the correct elements and others to understand and follow the instructions on the screen.
He attended computer classes after school to become familiar with the concepts and practised at home using special software.
"He teaches us about computers," says his mother Kavitha Varadaraj. Armaan's father Sridhar Varadaraj is involved in the textile testing machinery industry. His sister Diya Varadaraj is a Standard VI student.
Courtesy : The Hindu
click here for the post in thamizh
At the age of eight years and eleven months, Armaan Varadaraj, a Standard IV student of G.D. Matriculation Higher Secondary School here, passed the Microsoft Certified Professional course, making him one of the youngest to do so.
"My father taught me computers," says Armaan, who uses a Mac desktop machine at home to create websites, play interactive games he has loaded on his own, use search engines, surf the Net and take photos using the built-in camera.
Cricket and tennis are his favourite games and history, his preferred subject in school. He plays the violin too. During free time he reads adventure stories, plays with his Labradors — Hastings and Watson — and watches detective films based on books by Agatha Christie.
He is now preparing for examinations to obtain the Microsoft Certified Systems Engineer (MCSE) qualification. His earlier course taught him about computer networks and troubleshooting to rectify errors.
Before obtaining his MCP certification, he did online tests, choosing the best option from among several choices. Some tests required him to "drag and drop" the correct elements and others to understand and follow the instructions on the screen.
He attended computer classes after school to become familiar with the concepts and practised at home using special software.
"He teaches us about computers," says his mother Kavitha Varadaraj. Armaan's father Sridhar Varadaraj is involved in the textile testing machinery industry. His sister Diya Varadaraj is a Standard VI student.
Courtesy : The Hindu
click here for the post in thamizh
Monday, August 28, 2006
SilkAir may start Coimbatore operations by '08
Buoyed by growing passenger traffic and aircraft movement at Coimbatore airport, SilkAir, a subsidiary of Singapore Airlines, plans to introduce its services here.
"Considering the huge outflow of passengers from this region to nations like China and Singapore for textile-related business activities, SilkAir may soon operate from the Coimbatore airport," Sanjay Cherian, passenger sales officer, Singapore Airlines, said here.
Although he remained non-committal on the timeline for the start of operations, sources say it is likely to happen by 2008.
During January-April 2006, tourist arrivals from India to Malaysia stood at 75,740, registering an 18% increase over arrivals during the corresponding period, a year ago. Of the 2.25 lakh Indian tourists who visited Malaysia in 2005, 37% were from non-metro cities, with the highest number of travellers being from Coimbatore., Joseph K Jose, marketing manager, Malaysia Tourism Promotion Board, said.
Passenger traffic to Southeast countries Asian like China and Singapore is also gaining momentum, especially in the post quota regime, i.e. after January 2005, for importing textile machinery and placing orders for spindles, he added.
“SilkAir did a feasibility study a few months ago on operating its flights out of Coimbatore airport. We got positive results but the plans were put on the back-burner due to infrastructural hurdles such as inadequate parking bays at the airport. Now that the upgradation work is going on, we are ready to start our operations from Coimbatore,” Cherian said.
At present, SilkAir flies to Cochin International Airport (Nedumbassery) and Thiruvananthapuram International Airport. It may either take the 'via' route (Cochin or Trivandrum - Coimbatore - Singapore) or operate directly from Coimbatore.
Courtesy : Business Standard
"Considering the huge outflow of passengers from this region to nations like China and Singapore for textile-related business activities, SilkAir may soon operate from the Coimbatore airport," Sanjay Cherian, passenger sales officer, Singapore Airlines, said here.
Although he remained non-committal on the timeline for the start of operations, sources say it is likely to happen by 2008.
During January-April 2006, tourist arrivals from India to Malaysia stood at 75,740, registering an 18% increase over arrivals during the corresponding period, a year ago. Of the 2.25 lakh Indian tourists who visited Malaysia in 2005, 37% were from non-metro cities, with the highest number of travellers being from Coimbatore., Joseph K Jose, marketing manager, Malaysia Tourism Promotion Board, said.
Passenger traffic to Southeast countries Asian like China and Singapore is also gaining momentum, especially in the post quota regime, i.e. after January 2005, for importing textile machinery and placing orders for spindles, he added.
“SilkAir did a feasibility study a few months ago on operating its flights out of Coimbatore airport. We got positive results but the plans were put on the back-burner due to infrastructural hurdles such as inadequate parking bays at the airport. Now that the upgradation work is going on, we are ready to start our operations from Coimbatore,” Cherian said.
At present, SilkAir flies to Cochin International Airport (Nedumbassery) and Thiruvananthapuram International Airport. It may either take the 'via' route (Cochin or Trivandrum - Coimbatore - Singapore) or operate directly from Coimbatore.
Courtesy : Business Standard
Friday, August 25, 2006
Coimbatore online @ Deccan Chronicle
The Deccan Chronicle board has approved an FII investment of up to about 14% of paid up capital. The company will invest about Rs 20 crore to start off in Mangalore and Dharwad editions.
PK Iyer, Executive Director of Deccan Chronicle Holdings says that the Mangalore and Dharwad editions will start, after Bangalore goes online.
He adds that they are getting Kochi and Coimbatore online first, while Kochi, Coimbatore and Bangalore will go online this fiscal. Mangalore and Dharwad may go online eight months after that.
Excerpts from CNBC-TV18's exclusive interview with PK Iyer:
Q: Could you walk us through the kind of timeline that you have laid for these two edtions to come on board?
A: The timeline for Mangalore and Dharwad would be after Bangalore goes online, but more importantly after we have got our ABC, Audit Bureau Circulation, certificate for Chennai.
We are getting Kochi and Coimbatore online first. Kochi, Coimbatore and Bangalore would go online this fiscal, and Mangalore and Dharwad would then go online after that, maybe eight months after that.
Q: So on the first or second quarter of ’07 or rather ’08 can we can these two editions coming up?
A: Mangalore and Dharwad would become supplementary to Bangalore like Kochi and Coimbatore are now becoming supplementary to Chennai.
Q: What are the capacities of both these Mangalore and Dharwad facilities that you are setting up, in terms of copies per day?
A: The capacity in this business is an aberration because the press prints only for two hours, but it is sufficient to handle the growth in leadership for five years. So there is enough capacity to print, it is not an issue.
Q: On the acquisitions front, has diligence started?
A: Yes, we have appointed KPMG formally to submit us a report. We have been working on this for about eight months. Last year, we did two of them. One was Odyssey and the other was Asian Age.
Asian Age gave us great content and Odyssey is also getting listed probably .
So this time we have put KPMG to look at it. We are looking at the print space. We are also looking at some outdoor solutions because we believe integrated media is now a reality.
With about close to 80% market share in Hyderabad and a growing market in Chennai, we are looking at the hoarding space and we are looking at some print space as well in the south.
Courtesy : Money Control
PK Iyer, Executive Director of Deccan Chronicle Holdings says that the Mangalore and Dharwad editions will start, after Bangalore goes online.
He adds that they are getting Kochi and Coimbatore online first, while Kochi, Coimbatore and Bangalore will go online this fiscal. Mangalore and Dharwad may go online eight months after that.
Excerpts from CNBC-TV18's exclusive interview with PK Iyer:
Q: Could you walk us through the kind of timeline that you have laid for these two edtions to come on board?
A: The timeline for Mangalore and Dharwad would be after Bangalore goes online, but more importantly after we have got our ABC, Audit Bureau Circulation, certificate for Chennai.
We are getting Kochi and Coimbatore online first. Kochi, Coimbatore and Bangalore would go online this fiscal, and Mangalore and Dharwad would then go online after that, maybe eight months after that.
Q: So on the first or second quarter of ’07 or rather ’08 can we can these two editions coming up?
A: Mangalore and Dharwad would become supplementary to Bangalore like Kochi and Coimbatore are now becoming supplementary to Chennai.
Q: What are the capacities of both these Mangalore and Dharwad facilities that you are setting up, in terms of copies per day?
A: The capacity in this business is an aberration because the press prints only for two hours, but it is sufficient to handle the growth in leadership for five years. So there is enough capacity to print, it is not an issue.
Q: On the acquisitions front, has diligence started?
A: Yes, we have appointed KPMG formally to submit us a report. We have been working on this for about eight months. Last year, we did two of them. One was Odyssey and the other was Asian Age.
Asian Age gave us great content and Odyssey is also getting listed probably .
So this time we have put KPMG to look at it. We are looking at the print space. We are also looking at some outdoor solutions because we believe integrated media is now a reality.
With about close to 80% market share in Hyderabad and a growing market in Chennai, we are looking at the hoarding space and we are looking at some print space as well in the south.
Courtesy : Money Control
Thursday, August 24, 2006
More domestic air connectivity from Coimbatore airport
The Coimbatore Airport is all set to witness entry of two more domestic airliners within a month to operate services on the Coimbatore-Pondicherry and Coimbatore-Ahmedabad sectors. In the next phase, one of the airlines is planning to fly to Kochi and Agatti (Lakshadweep). An airline has plans for a connecting flight to Tirupati.
At present, there are five airlines - Go Air, Jet Airways, Indian, Paramount and Air Deccan - operating services to Chennai, Bangalore, Hyderabad, Kozhikode, Mumbai and New Delhi. There are 17 aircraft movements a day (one movement includes both landing and take-off). Indian is also operating three services a week from Chennai to Sharjah via Coimbatore and Kochi.
Air Sahara has temporarily suspended its service to Hyderabad. In addition, SriLankan Airlines is operating a cargo freighter with 14 movements a week to Colombo.
The entry of low cost-no frill airlines has increased both the number flights and passenger traffic to and from Coimbatore considerably.
Airport Authority of India sources indicated that Jagson Airlines has expressed interest to operate a morning service on the Pondicherry-Coimbatore-Pondicherry sector.
The airliner is planning to deploy an 18-seater Dornier aircraft on this sector. The same airline will offer a connecting service to Tirupati from Pondicherry. Jagson has plans to operate services from Coimbatore to Kochi and Agatti in Lakshadweep in the next phase.
Similarly, Kingfisher Airlines had planned a service from Coimbatore to Ahmedabad from August 15. It is likely to begin some time in September, the sources say.
An international airline has already visited the airport to have a feel of the facilities here for starting operations to South East Asian destinations from Coimbatore.
The Airport Director (in charge), R.S. D'cruz confirmed that the two domestic airliners have given expression of interest. The airlines were complying with the procedural formalities and the services would start after a formal clearance from AAI authorities, he says.
The airport is fully equipped in terms of infrastructure and logistics to handle the growth in traffic.
Courtesy : The Hindu
At present, there are five airlines - Go Air, Jet Airways, Indian, Paramount and Air Deccan - operating services to Chennai, Bangalore, Hyderabad, Kozhikode, Mumbai and New Delhi. There are 17 aircraft movements a day (one movement includes both landing and take-off). Indian is also operating three services a week from Chennai to Sharjah via Coimbatore and Kochi.
Air Sahara has temporarily suspended its service to Hyderabad. In addition, SriLankan Airlines is operating a cargo freighter with 14 movements a week to Colombo.
The entry of low cost-no frill airlines has increased both the number flights and passenger traffic to and from Coimbatore considerably.
Airport Authority of India sources indicated that Jagson Airlines has expressed interest to operate a morning service on the Pondicherry-Coimbatore-Pondicherry sector.
The airliner is planning to deploy an 18-seater Dornier aircraft on this sector. The same airline will offer a connecting service to Tirupati from Pondicherry. Jagson has plans to operate services from Coimbatore to Kochi and Agatti in Lakshadweep in the next phase.
Similarly, Kingfisher Airlines had planned a service from Coimbatore to Ahmedabad from August 15. It is likely to begin some time in September, the sources say.
An international airline has already visited the airport to have a feel of the facilities here for starting operations to South East Asian destinations from Coimbatore.
The Airport Director (in charge), R.S. D'cruz confirmed that the two domestic airliners have given expression of interest. The airlines were complying with the procedural formalities and the services would start after a formal clearance from AAI authorities, he says.
The airport is fully equipped in terms of infrastructure and logistics to handle the growth in traffic.
Courtesy : The Hindu
Wednesday, August 23, 2006
TCS to set up software facility in Coimbatore
Tata Consultancy Services (TCS) is planning to set up its software development facility in Coimbatore by the end of the current fiscal. This is likely to be a financial services vertical.
The company is planning to accomodate around 1,000 employees in its new facility and is in talks with the Tamil Nadu government for allocation of space in the proposed information technology park here.
“The talks are still on. Initially, we are on the lookout for a leased property of around 100,000 sq ft. We expect the works to begin in six months," N Chandrasekharan, global head, (sales and operations), TCS, said.
Addressing a press conference, S Ramadorai, chief executive officer and managing director, TCS, said the move came in the wake of larger employee base in Coimbatore thanks to the presence of many reputed engineering and technical educational institutions in and around the city.
“For the current fiscal, the number of offers made stands at 1,215, an increase of 67 per cent compared with last year’s 727,” he added.
S Padmanabhan, executive vice-president and head, (global human resources), TCS, said that Coimbatore was emerging as a promising IT hub and TCS was planning to play an integral role in the further development of the local economy by working with academic institutions by helping them train and develop talents in the region.
The company already has a 100-seat Engineering Centre of Excellence (CoE) in Coimbatore which caters to the needs of small and mid-sized engineering units in the region.
It has also established a physical facilitation centre here when it kickstarted the MCA 21 programme, an online filing facility of statutory documents with the Registrar of Companies (RoC), earlier this year.
Courtesy : Business Standard
The company is planning to accomodate around 1,000 employees in its new facility and is in talks with the Tamil Nadu government for allocation of space in the proposed information technology park here.
“The talks are still on. Initially, we are on the lookout for a leased property of around 100,000 sq ft. We expect the works to begin in six months," N Chandrasekharan, global head, (sales and operations), TCS, said.
Addressing a press conference, S Ramadorai, chief executive officer and managing director, TCS, said the move came in the wake of larger employee base in Coimbatore thanks to the presence of many reputed engineering and technical educational institutions in and around the city.
“For the current fiscal, the number of offers made stands at 1,215, an increase of 67 per cent compared with last year’s 727,” he added.
S Padmanabhan, executive vice-president and head, (global human resources), TCS, said that Coimbatore was emerging as a promising IT hub and TCS was planning to play an integral role in the further development of the local economy by working with academic institutions by helping them train and develop talents in the region.
The company already has a 100-seat Engineering Centre of Excellence (CoE) in Coimbatore which caters to the needs of small and mid-sized engineering units in the region.
It has also established a physical facilitation centre here when it kickstarted the MCA 21 programme, an online filing facility of statutory documents with the Registrar of Companies (RoC), earlier this year.
Courtesy : Business Standard
Monday, August 21, 2006
Language lab helps in better communication
Students at the Avinashilingam Deemed University have begun developing their listening, speaking, reading and writing skills, using the facilities available at the full-fledged language laboratory established in the Department of English. Practical knowledge of English is aimed at helping the learners communicate effectively with people around the world in areas such as technology, travel, business and entertainment. Teachers can monitor the learning activities of students and offer advice individually or in groups.
Learners occupy 20 listening stations connected to the main computer. Individual interaction between teacher and student facilitates faster grasp of the fundamentals, besides making practice and feedback easy.
Gaining mastery over a variety of listening and speaking skills is possible by using graded lessons and practical work recorded every week.
The lab has software for students at beginner, intermediate and advanced levels.
While students deficient in English will be able to improve their skills, those who already have good command of the language will be able to build confidence to face interviews and competitive examinations. Language laboratory sessions include word games, puzzles, debates and skits
Courtesy : The Hindu
Learners occupy 20 listening stations connected to the main computer. Individual interaction between teacher and student facilitates faster grasp of the fundamentals, besides making practice and feedback easy.
Gaining mastery over a variety of listening and speaking skills is possible by using graded lessons and practical work recorded every week.
The lab has software for students at beginner, intermediate and advanced levels.
While students deficient in English will be able to improve their skills, those who already have good command of the language will be able to build confidence to face interviews and competitive examinations. Language laboratory sessions include word games, puzzles, debates and skits
Courtesy : The Hindu
Thursday, August 17, 2006
Coimbatore needs more industrial estates
Apart from the five industrial estates already developed by the Small Industries Development Corporation (SIDCO) here and some sectors planning private ones, Coimbatore small-scale units need more such projects that will support their growth.
With more opportunities, the units are badly in need of expansion or setting up new units. When they go in for individual projects, these units have to wait for about three months to get electricity connection. Then they have to spend on infrastructure such as water connection and roads.
Instead, if these units have the option of shifting to an industrial estate, all these facilities will be readily available, points out K. Ilango, vice-president of the Coimbatore District Small Industries Association. Further, the units will be able to get all clearances under a single window system. "Hence, the units will gain productive time."
Arterial roads
In a reaction to the SSI policy of the State Government, which was announced recently, he says, "We have sought more SIDCO developed estates, especially on the arterial roads, to enhance employment opportunities for rural youth."
The existing eight estates house over 700 small-scale industries. The units in the city face several constraints and may have to move out. In such a scenario, they can relocate to the estates. "Occupancy will not be a problem mainly due to infrastructure."
The President of Southern India Engineering Manufacturers Association, C.R. Shanmugasundaram, says that a lot of small-scale engineering units in the city have come up in the residential areas mainly because of lack of separate industrial estates for these units.
The one in Kurichi was developed about 25 years ago, he points out. Formation of more industrial estates in Coimbatore will benefit the small and tiny engineering units to a great extent, he is confident.
According to a SIDCO official here, the Corporation has written to the local industry associations seeking identification of land for more estates in the district.
These can be sector-specific (such as garments) or general. The SIDCO is also pursuing the proposal of setting up a park for women entrepreneurs.
Courtesy ; The Hindu
With more opportunities, the units are badly in need of expansion or setting up new units. When they go in for individual projects, these units have to wait for about three months to get electricity connection. Then they have to spend on infrastructure such as water connection and roads.
Instead, if these units have the option of shifting to an industrial estate, all these facilities will be readily available, points out K. Ilango, vice-president of the Coimbatore District Small Industries Association. Further, the units will be able to get all clearances under a single window system. "Hence, the units will gain productive time."
Arterial roads
In a reaction to the SSI policy of the State Government, which was announced recently, he says, "We have sought more SIDCO developed estates, especially on the arterial roads, to enhance employment opportunities for rural youth."
The existing eight estates house over 700 small-scale industries. The units in the city face several constraints and may have to move out. In such a scenario, they can relocate to the estates. "Occupancy will not be a problem mainly due to infrastructure."
The President of Southern India Engineering Manufacturers Association, C.R. Shanmugasundaram, says that a lot of small-scale engineering units in the city have come up in the residential areas mainly because of lack of separate industrial estates for these units.
The one in Kurichi was developed about 25 years ago, he points out. Formation of more industrial estates in Coimbatore will benefit the small and tiny engineering units to a great extent, he is confident.
According to a SIDCO official here, the Corporation has written to the local industry associations seeking identification of land for more estates in the district.
These can be sector-specific (such as garments) or general. The SIDCO is also pursuing the proposal of setting up a park for women entrepreneurs.
Courtesy ; The Hindu
Tuesday, August 15, 2006
Paramount Airways to increase flights
With the arrival of its third Embraer jet, Paramount Airways will increase its daily flights from 24 to 34 from here. It would be effected shortly after complying with the formalities of the Directorate-General of Civil Aviation (DGCA), Managing Director M. Thiagarajan told The Hindu on Sunday. Mr. Thiagarajan said the airline would operate three services daily to Madurai and Coimbatore and also introduce early morning flights to Hyderabad and Kochi.
He said with the arrival of the third jet the airline would offer dual class seating.
Mr. Thiagarajan said a special fare would be offered from August 15 starting at Rs. 1,999. Bookings will open from August 14.
Courtesy : The Hindu
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