The Hindu has always stood for journalism that is in the public interest. Financial Express is now on Telegram. only industrialist who are ready accommodate senior cpm leaders kith and kin are welcome. The government will highlight, among others, a Kochi-to-Palakkad integrated manufacturing cluster, a defence park at Ottapalam and an electronic hardware park in Ernakulam district. About Kerala: Chief Minister- Pinarayi Vijayan. Seeking to remove the land constraints faced by big units, the 15-acre ceiling on the land to be held by them will be relaxed. ASCEND 2020 comes when a paradigm shift is experiencing in the State in harnessing industrial investments. 2020The Indian Express [P] Ltd. All Rights Reserved. In case you can’t find any email from our side, please check the spam folder. Asserting that the investment ecosystem prevailing in Kerala is one of the best in the country, chief minister Pinarayi Vijayan said the government was committed to carry on with its policy initiatives to simplify investment procedures. The other mega projects include a propylene oxide manufacturing plant of 2,00,000 MPA capacity in the vicinity of BPCL-Kochi Refinery, a PVC manufacturing facility of capacity 150,000 TPA, a ₹1,864-crore Kinfra-initiated Petrochemical Park of international standards at Ambalamugal, a multi-modal logistics park including a free trade warehousing zone near the Cochin Port, and a ₹900-crore super- absorbent polymer plant considering an increasing demand for diapers and female hygiene products besides the medical and agriculture industry. You are now subscribed to our newsletters. Advertisement . The bar on women factory workers being put on night shift will be lifted. Kerala is the most dangerous place to start a business. A total of 18 mega projects were announced by the state govt. It'll just take a moment. FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. ... credible projects that will be showcased to potential investors at the upcoming ASCEND 2020 Global Investors Meet… Kochi to host Global Investors Meet on Jan 9-10; focus on 18 mega projects. Kerala government on Thursday unveiled a set of initiatives that will enhance the ease of doing business, including a wage subsidy scheme for the first five years for new ventures getting registered from April 1, 2020. ASCEND 2020, a two-day global investors meet beginning here on January 9, will showcase 18 mega projects with over ₹100 crore investment each and offering direct employment to over 9,000 people. Here is an ideal destination where investment can be made in diverse sectors without having any tension or anxiety,” the chief minister said while inaugurating the two-day ASCEND Kerala 2020 global investors meet here, showcasing over 100 major projects before the leaders of industry. Kochi will host the Global Investors Meet: ASCEND 2020 which will showcase 18 mega projects with over Rs 100 crore investment each and offering direct employment to over 9,000 people. Mega projects are those which require an investment of more than ₹100 crore and gives direct employment to at least 500 people, according to the Department of Industries that is convening the high-profile event at the Lulu Bolgatty International Convention Centre, Grand Hyatt, here. Access the exclusive Economic Times stories, Editorial and Expert opinion, Sharp Insight-rich, Indepth stories across 20+ sectors. A proposal to subsidise part of the wage commitment of newly set up industries for the first five years is planned. Dont forget to try our free Income Tax Calculator tool. Access the exclusive Economic Times stories, Editorial and Expert opinion, Sharp Insight-rich, Indepth stories across 20+ sectors, Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth, Ascend 2020 global investor meet of Kerala draws good response, KOCHI: As many as 2,000 registrations have been made for the. “This is a scheme under consideration. almost all senior cpm siblings are employed in private firms big industrialist. Venue for the Ascend Kerala 2020 is the Lulu Bolgatty International Convention Centre, Bolgatty Island in Kochi, Kerala, India. Rivers- Cheruthoni river, Bharathapuzha river, Pamba river, Chalakudy river, Parambikulam river. KOCHI: Kerala chief minister Pinarayi Vijayan will inaugurate a two-day ASCEND 2020 global investors meet in Kochi on January 9. Your Reason has been Reported to the admin. Kochi: An electronic hardware and a defence park in Kerala are among 18 mega projects the state government will highlight at the Global Investors Meet here on 9 and 10 January. Most Read. This benefit will be available only to those units which provide ESI and PF benefits to workers. 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The meet - ASCEND 2020 - here will also see organisers showcasing 70-odd other projects classified as large, medium and small in the descending order of their capital investment and capacity to provide jobs, organisers said in a release here on Monday. Tomorrow is different. Ascend Kerala Global Investors Meet Highlighting the 'Ease of doing Business'. Kerala govt will highlight a Kochi-to-Palakkad integrated manufacturing cluster, a defence park at Ottapalam and an electronic hardware park in Ernakulam, The meet will also see organisers showcasing 70-odd other projects classified as large, medium and small in the descending order of their capital investment. Asserting that the investment ecosystem prevailing in Kerala is one of the best in the country, chief minister Pinarayi Vijayan said the government was committed to carry on with its policy initiatives to simplify investment procedures. ASCEND 2020: This will alert our moderators to take action. Trade unions will hunt you down, the moment you invest in Kerala. I also want to say at this stage that women employees will get at least Rs 2,000 more than their men counterparts under the proposed scheme. Download The Economic Times News App to get Daily Market Updates & Live Business News. Subscribe to The Hindu now and get unlimited access. It will be the responsibility of the employer to ensure their safety, the CM said. “Though a small state, we have several inherent strengths that make us different, including our natural assets and highly qualified human resource. The ceiling for financial aid from Kerala Industrial Development Corporation (KSIDC) will be raised from the current Rs 35 crore to Rs 100 crore. ASCEND Kerala 2020 global investors meet: Kerala’s new scheme to enhance ease of doing business announced. This will alert our moderators to take action. ASCEND Kerala 2020 global investors meet Keralas new scheme to enhance ease of doing business announced. Kerala to showcase more than 100 projects in ASCEND 2020 investors meet. KOCHI: As many as 2,000 registrations have been made for the Kerala government’s ASCEND 2020 global investors meet, as organisers are set to close registrations for the January 9-10 event to be held in Kochi. Now is the time to properly leverage them to bring in substantial investment, which is essential to generate income and employment for the present and future generations,” the chief minster maintained. Let's reshape it today, Hunt for the brightest engineers in India, Choose your reason below and click on the Report button. ASCEND is the international space community’s first event focused entirely on getting humanity’s off-world future off the ground. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Kerala chief minister to open global investor meet ASCEND 2020, Inciting hatred against a certain community, India's 1st Online Instant Personal Loan Marketplace. Explained | How will the government regulate online news and OTT platforms? This would benefit 37 lakh people. Watch | India’s first batch of homegrown asafoetida, A student’s parting gift to her alma mater. Let's reshape it today, Hunt for the brightest engineers in India. ASCEND 2020, a two-day global investors meet beginning here on January 9, will showcase 18 mega projects with over ₹100 crore investment each and offering direct employment to over 9,000 people.
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