CII arranges interaction with Lufthansa officials
CII Coimbatore hosted an interaction with Lufthansa Airlines officials on Thursday to improve the city’s air connectivity.
George Ettiyil, Senior Director – South Asia and Head of Global Accounts – Asia Pacific, Lufthansa Group, said Lufthansa Airlines was in the process of reinstating new first class and economy class on all its flights. International connectivity has propelled the industrial growth of a region.
An airline would consider handling 60,000 passengers per month to start service to one destination. If such a business opportunity had been identified, the airline would develop all the necessary facilities.
On the demand for cargo flight connectivity to Coimbatore, he said Lufthansa‘s cargo division would be keen to understand the commercial viability and explore the possibilities. S Prashanth, Chairman of CII Coimbatore, said Coimbatore International Airport was a gateway linking business travelers from this region to destinations elsewhere. There was a need for more direct air connectivity to global destinations to foster industrial growth.
Coimbatore City Police filed an FIR against Antony Truthayaraj based on the complaints filed by JJ Mythili Devi and J. Vijayalakshmi, Enforcement Officers of Employees Provident Fund Organization, Coimbatore Regional Office. He had fraudulently withdrawn the employee provident fund from two automakers in the city, they alleged.
An EPFO statement said the fraudulent claims occurred while Antony Truthayaraj was the automakers’ human resources director. He had taken PF money from 23 employees at one company and five from another. This was revealed during an internal audit at the EPFO office in 2018. The complaint was first filed in 2019. The FIRs were registered under Section 406 (criminal breach of trust), 465 (false), 468 (false document or electronic document). with the intent and purpose of cheating) by racetrack police, according to the statement.
Gastronomic festival from June 3
News18 Tamil Nadu will host ‘Food Fest 2022’ from June 3-5 at Prozone Mall here. The festival will provide an opportunity to eat, shop and celebrate. A flea market will also be organized as part of the festival. The event will include a furniture exhibition and entertainment programs.
Center of Excellence inaugurated
Pricol opened a Center of Excellence (CoE) in association with PSG College of Technology, Coimbatore.
Vikram Mohan, Managing Director of Pricol and L. Gopalakrishnan, Managing Director, PSG Institutions, inaugurated the PSG – Pricol Center of Excellence.
Pricol has identified several new innovative technology products and processes to meet the high demands of automotive OEMs in India and international markets. The center of excellence will develop high-efficiency micromotors and robotics as well as processes and equipment based on artificial intelligence.
Mr Mohan said the Center of Excellence was a small effort on their part to bring industry and academia together. Pricol had identified and was implementing several new technology solutions and innovative processes to meet the requirements of automotive OEMs in India and abroad.
Well received announcement
The Indian Chamber of Commerce and Industry in Coimbatore has welcomed the announcement of the removal of import duties on coking coal, PCI coal and ferronickel and the recent announcement to control cement prices.
These measures would certainly relieve industries, especially MSMEs, which have been hit for more than a year by a sharp rise in commodity prices, he said.
Federation of Indian Export Organizations Chairman A. Sakthivel called on Union Finance Minister Nirmala Sitharaman, in a meeting with her on Friday, to recalibrate the export policy for raw materials used by the sector clothing.