Sunday, 17 May 2015

Mangalore- The Port City

As the water  of the gigantic rivers of Netravati and Gurupura rivers moves away listlessly over many a stones it continues its passage slowly in the mouths of the gigantic Arabian sea while it  encircles the beautiful port city of Mangalore in the state of Karnataka. Mangalore also known as Mangaluru is the administrative headquarters of Dakshina Kannada district of South West Karnataka. As one walks down the streets of Mangalore with the sun shining at its prime, the tall trees of coconut and palms that lie abreast its streets cast their shadows out loud. As evening approaches a whirlpool of activity sets out in its beaches as the waves rise and fall with the motions of the tide.

Mangalore gets its name from Hindu deity Mangaladevi. Mangalore forms a potpourri of diversity as when one walks down the streets of Mangalore one can hear a cacophony of Tulu, Konkani, Beary and Kannada dialects. As night falls in the city of Mangalore the sound of drums reverberates the air as crowds throng to watch dance drama unique to Karnataka called Yakshagana. Pristine is the one word we can use while describing Mangalore as Mangalore is one of the most clean cityin India

Mangalore has been an important  shipbuilding center from the past. The Mangalore port is one of the most important ports of India. The Mangalore port is eight largest in terms of cargo handling. Mangalore port today manages 75% of export of coffee and cashew from India. Mangalore is also known as the banking capital as four nationalised bank were established here. Apart from this Mangalore has also been an important agricultural processing and industrial center. The major companies here are  Mangalore Chemicals and Fertilizers Ltd. (MCF), Kudremukh Iron Ore Company Ltd. (KIOCL), Mangalore Refinery and Petrochemicals Ltd. (MRPL), BASF, Bharati Shipyard Limited and Total Oil India Limited (ELF Gas).Today a lot of IT companies are also establishing offices in Mangalore due to the conducive  ecosystem of Mangalore. Thus, Mangalore today is steadily becoming  an important business center in India.
With an aim to further provide impetus  the burgeoning economy of Mangalore we head towards it next to mentor, learn and disseminate knowledge to the startups and SME’s there.

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