Mangalore Special Economic Zone or MSEZ is a Special Economic Zone spread across 1,600 acres in Mangalore, Karnataka, India
MSEZ is managed by Mangalore Special Economic Zone Limited(MSEZL). The MSEZL is located 15 km (9.3 mi) from Mangalore city center, off Cochin-Mumbai NH 66, 5 km (3.1 mi) from Mangalore International Airport and 8 km (5.0 mi) from all-weather deep-draft sea port, New Mangalore Port.
MSEZL is jointly promoted by Oil & Natural Gas Corporation (ONGC), a Fortune 500 Company and Infrastructure Leasing & Finance Services (IL&FS), Karnataka Industrial Area Development Board (KIADB) and Kanara Chamber of Commerce and Industry (KCCI). A unique combination of Government entities, a large financial institution and an apex chamber brings in the expertise to develop MSEZL with world-class industrial infrastructure. [1] [2]
Karnataka is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State, it was renamed Karnataka in 1973. The state corresponds to the Carnatic region. Its capital and largest city is Bangalore.
Mangalore, officially known as Mangaluru, is a major port city of the Indian state of Karnataka. It is located between the Arabian Sea and the Western Ghats about 352 km (219 mi) west of Bangalore, the state capital, 20 km north of Karnataka–Kerala border, 297 km south of Goa. Mangalore is the state's only city to have all four modes of transport—air, road, rail and sea. The population of the urban agglomeration was 619,664 according to the 2011 national census of India. It is known for being one of the locations of the Indian strategic petroleum reserves.
Udupi is a city in the Indian state of Karnataka. Udupi is situated about 55 km (34 mi) north of the educational, commercial and industrial hub of Mangalore and about 422 km (262 mi) west of state capital Bangalore by road.
Dakshina Kannada district is a district of Karnataka state in India, with its headquarters in the coastal city of Mangalore. It is part of the larger Tulu Nadu region. The district covers an area nestled in between the Western Ghats to its east and the Arabian Sea to its west. Dakshina Kannada receives abundant rainfall during the Indian monsoon. It is bordered by Udupi district to the north, Chikmagalur district to the northeast, Hassan district to the east, Kodagu to the southeast and Kasaragod district of Kerala to the south. According to the 2011 census of India, Dakshina Kannada district had a population of 2,083,625. It is the only district in Karnataka state to have all modes of transport like road, rail, water and air due to the presence of a major hub, Mangalore. This financial district is also known as the Cradle of Indian banking.
Mysore division, officially Mysuru division, is an administrative division in the southern Indian state of Karnataka. It is one of four administrative divisions in Karnataka, the others being Bangalore division, Belgaum division, and Gulbarga division. Mysore division comprises eight districts of Karnataka, namely, Chamarajanagar, Chikmagalur, Dakshina Kannada, Hassan, Kodagu, Mandya, Mysore and Udupi district. The city of Mysore is the administrative headquarters of the division. Mysore division covers parts of historical Old Mysore region and southern part of Coastal Karnataka.The total area of the division is 43,503 sq.km. The total population as of 2011 census is 12,563,598.
'Economy of South India after independence in 1947 conformed to a socialist framework, with strict governmental control over private sector participation, foreign trade and foreign direct investment (FDI). Through 1960–1990, South Indian economies experienced mixed economic growth. In the 1960s, Kerala achieved above-average economic growth, while Andhra Pradesh's economy declined during this period. Similarly, Kerala experienced an economic decline in the 1970s while the economies of Tamil Nadu, Andhra Pradesh, and Karnataka consistently exceeded national average growth rates after 1970. Andhra Pradesh, Tamil Nadu and Karnataka were noted by some to be more reform-oriented in terms of economic policy when compared to other Indian states. Over the last decade South India has grown at 8% annually. Future economic growth will be shackled by a relatively low proportion of the active age population to the number of dependents.
Tumkur, officially renamed as Tumakuru, is a city located in the southern part of Indian state of Karnataka. Tumkur is situated at a distance of 70 km (43 mi) northwest of Bangalore, the state capital along NH 48 and NH 73. It is the headquarters of the Tumkur district. It is located at an altitude of 835 m (2739.5 ft).
Panambur is one of the localities in Mangalore famous as a tourist spot and also a major industrial area. Panambur is also the site of Karnataka's only major port New Mangalore Port. Other major industries, namely Mangalore Chemicals & Fertilizers and KIOCL, are also located here. It is located in Mangalore at Dakshina Kannada district of Karnataka state, India, north of the Gurupura River's confluence with Arabian Sea. Panambur along with Baikampady & Jokatte are the industrial regions in Mangalore & also one of the major industrial areas of Karnataka.
Maravanthe is a village and a beach in Byndoor Taluk, Udupi District, Karnataka, India.
Karnataka is one of the highest economic growth states in India with an expected GSDP growth of 9.5% in the 2021–22 fiscal year. The total expected GSDP of Karnataka in 2022–2023 is about $240 billion. Karnataka recorded the highest growth rates in terms of GDP and per capita GDP in the last decade compared to other states. In 2008–09, the tertiary sector contributed the most to GSDP, followed by the secondary sector, and the primary sector.
The Oil and Natural Gas Corporation (ONGC) is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the Government of India. It is a central public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas. It is the largest government-owned-oil and gas explorer and producer in the country, and produces around 70% of India's crude oil and around 84% of its natural gas. In November 2010, the Government of India conferred the Maharatna status to ONGC.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and gas refining company headquartered in Mumbai. Since 2018, ONGC has owned a majority stake in the company. The company is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016. On 24 October 2019, the company became a Maharatna PSU.
Industrial and commercial activities dominate Mangalore's economy. It is the only city in Karnataka to have all modes of transport — air, road, rail and sea. The fastest growing non metro in South India is Mangalore. Mangalore is the 2nd largest business centre in Karnataka. Around 75% of India's coffee, timber and cashew nuts exports are handled by the New Mangalore Port. Mangalore is one among the 5 cities in the country to have both a Major Port and an International Airport. Mangalore has some of the tallest buildings in South India, with many more under construction. Mangalore International Airport is among the 2 International Airports in Karnataka, along with Bangalore's Kempegowda International Airport.
Mangalore's location in the Indian state of Karnataka makes it accessible by all forms of transport: road, rail, air and sea. It is the largest city in the Coastal Karnataka region, and is the only city in Karnataka and one among the six cities in India to have an International Airport, a Major Seaport, railway & road connectivities. It is the second prominent city of Karnataka after the state capital Bangalore in all aspects. It is one of the fastest developing cities in India.
Sri City or Satyavedu Reserve Infracity Pvt. Ltd. is an integrated business city (township) and special economic zone located in Tirupati district in the state of Andhra Pradesh, India. It was founded in 2008 and has now become one of the coveted business destinations in the country with total investments close to 4 billion USD and total exports exceeding 500 million USD till date. Sri City forms part of Satyavedu and Varadaiahpalem mandals of Tirupati district. It is located along the NH16 of Andhra Pradesh, India. Sri City boasts of seamless connectivity by road, air and sea ports. It is spread over 7500 acres, and includes a multiproduct Special Economic Zone (SEZ), a Domestic Tariff Zone (DTZ), a Free Trade & Warehousing Zone (FTWZ) and an Electronics Manufacturing Cluster. Inaugurated on August 8, 2008 by then Chief Minister of Andhra Pradesh, late Dr YS Rajasekhara Reddy, Sri City soon emerged as the preferred investment destination for several national and international brands, and today it is home to nearly 200 companies from 28 countries across the world. Sri City is home to over 200 companies from 28 countries including multinationals like Kellogg’s, Isuzu, Mondelez, Pepsi, Panasonic, Daikin, Kimberly Clark, Alstom, Kobelco, Foxconn, Danieli etc.
National Highway 66, commonly referred to as NH 66, is a 4 lane 1,608 km (999 mi) long busy National Highway that runs roughly north–south along the western coast of India, parallel to the Western Ghats. It connects Panvel to Cape Comorin (Kanyakumari), passing through the states of Maharashtra, Goa, Karnataka, Kerala and Tamil Nadu.
ONGC Mangalore Petrochemicals Limited (OMPL) is a division of Mangalore Refinery and Petrochemicals Limited, a part of Oil and Natural Gas Corporation which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India. OMPL was incorporated on 19 December 2006.
Panambur Beach is a beach in the city of Mangalore in the Indian state of Karnataka.
New Mangalore Port is a small water af, all-weather port at Panambur, Mangalore in Karnataka state in India, which is the deepest inner harbour on the west coast. It is the only major port of Karnataka and the seventh largest port in India. It is operated by New Mangalore Port Authority (NMPA).
Permude is a village (panchayat) located in the Mangalore taluk, Dakshina Kannada district, in Karnataka state, India. The name, "Permude", derived from Perda Mudde, is a reference to the milk that was once locally produced in large quantities. Permude is located approximately 360 kilometers from the state capital, Bangalore. Nearby villages include Bajpe and Kinnigoli. According to 2011 census information, Permude's location code or village code is 617478. The village comprises an area of 742.69 hectares. Permude falls under the Mangalore Special Economic Zone (MSEZ).