Export Centre to help increase exports from Mysore region
Updated: Jun 19, 2014 04:31:14pm
The foundation stone of the Mysore Export Centre (MEC) to be built with the assistance of the Central and state government will be laid Chief Minister Siddaramaiah on June 28 at the Hebbal Industrial area.
Financial support of Rs six crore for the MEC is being sought under the ASIDE scheme of the Centre while Rs 35 lakh support under the Market Initiative Assistance (MIA) has already been made available. “We expect Rs one crore from the state government in order to bridge the gap of promoters’ contribution”, a joint statement by MIA President P Vishwanath and General Secretary Suresh Kumar Jain said.
Presently, export worth Rs 7,000 crore per annum takes place from Mysore area. “After inception of the export centre, it is estimated to increase to Rs 17,000 crore in the next five years”, it said. The centre will be built on 2019 square metre with built up area of 2520 square metre. (KNN Bureau)