Mysore emerges as important destination for Investment

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Mysore, Aug 10(UNI) Mysore has been projected as an emerging destination for Industrial Investment in Karnataka, according to Hebbal Industrialists Association General Secretary Suresh Kumar Jain.

Mr Jain told told UNI, Mysore known as the culture capital of the State and Ciy of Palaces, were facing a shortage of skilled and unskilled labourers in the manufacturing and services sector.

He said the Industrialists were finding it difficult to meet their contractual commmitments and other works due to shortage of labourers in the city and as well as in the district.

The exigency of the situation was amply evident when Industries in the city displayed 'wanted' notice outside their premises, he added.

In this district, 22,000 small-scale Industries were employing about 1.05 lakh people, in addition to about 95 medium and large scale Industries, providing employment to another 74,000 people. The existing workforce was woefully short of the requirements and the Industries were finding it impossible to adhere to their schedule, he added.

He said the shortage of workforce was estimated to be around 30,000 to 40,000. The city, however, had been attracting about 15000 labourers from Bihar and Uttar Pradesh, among others, he added.

Mr Jain said although many Industries were ready to offer accommodation to the employees and inclined to pay up to Rs 3000 per month, the response was poor.


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