Introduction:
The Karnataka State Small Industries Development Corporation (KSSIDC) has established an industrial estate in Koteshwara, located within the Udupi District of Karnataka. This initiative aims to promote and support small and medium-sized enterprises (SMEs) in the region, fostering industrial growth and balanced regional development.
Location and Accessibility:
- Proximity to Major Cities: Koteshwara is strategically situated approximately 4 kilometers from Kundapura and 40 kilometers from Udupi, providing access to major urban centers and their resources.
- Transportation Links: The industrial estate benefits from its location near National Highway 66, facilitating efficient transportation of goods and raw materials. The nearby Kundapura railway station enhances connectivity.
Infrastructure and Facilities:
- Industrial Sheds and Plots: KSSIDC develops various types of sheds and plots to cater to the diverse needs of entrepreneurs. These facilities are equipped with essential amenities such as roads, water supply, sewerage systems, and electricity.
- Support Services: The corporation provides assistance in obtaining necessary permits and licenses, facilitating a smooth setup process for new enterprises.
Industrial Presence:
The Koteshwara Industrial Estate hosts a variety of industries, contributing to the region’s economic growth. Notable establishments include:
- Abtech Heaters & Controllers: Located at Unit No. C1, SPL-10, KSSIDC Industrial Estate, Koteshwara, this company specializes in manufacturing industrial heaters and controllers.
- Crane and Hoist Enterprises: Situated at SPL-9, KSSIDC Industrial Estate, Koteshwara, this firm focuses on the production of crane hooks, electric hoists, and gantry cranes.
Economic Impact:
The development of the KSSIDC Industrial Estate in Koteshwara has significantly contributed to the local economy by:
- Employment Generation: Creating job opportunities for the local population.
- Investment Attraction: Drawing investments into the region, fostering economic development.
- Ancillary Industry Growth: Encouraging the establishment of ancillary industries and service providers, thereby strengthening the industrial ecosystem.
Future Prospects:
With ongoing infrastructure developments and supportive government policies, the Koteshwara Industrial Estate is poised for further growth. The strategic location, coupled with robust infrastructure, makes it an ideal destination for industries looking to establish or expand their operations in Karnataka.
In summary, the KSSIDC Industrial Estate in Koteshwara serves as a cornerstone for industrial development in the Udupi District, fostering economic growth and providing a conducive environment for small and medium-sized enterprises.
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