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Commerce and Industry Minister Piyush Goyal would chair a meeting of state industry ministers on September 5 to discuss ways to promote industrial growth of the country, an official said. As industry is a state subject, they are key stakeholders in promoting the sector, the official said. "Issues like ways to promote manufacturing, promotion of industries and state issues may come up for deliberations on September 5 here," the official added. The Centre is already taking a number of measures in this direction and that includes reducing compliance burden, promoting ease of doing business and setting up of industrial townships. Recently, the Government of India approved 12 new industrial cities in 10 states on the lines of Greater Noida in Uttar Pradesh and Dholera in Gujarat to boost domestic manufacturing with an estimated investment of Rs 28,602 crore. These industrial areas will be in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Ag
Armed with a new promoter on board, the diversified conglomerate Kothari Industrial Corporation Ltd has drawn up aggressive expansion plans across various segments, a top official said. The company would focus on footwear, fertilisers, food, drone technology, synthetic textiles, solar in the coming years, creating huge job opportunities, Vice- Chairman and Managing Director J Rafiq Ahmed said here. Detailing his vision plan for the city based group at an interaction, Ahmed who became the Vice Chairman and Managing Director in 2018, said he became an investor in 2014 after being into the steel business. Ahmed currently has a 47.08 per cent stake in the entity. After the completion of the open offer on equity shares, his holding in the group could go up to 73.07 per cent. After getting delisted from the stock exchanges in 2000, the company got relisted recently. Elaborating about the plans for the company, Ahmed said, "We are going to grow very aggressively. The old glory that Kotha