Former Sri Lanka cricketer Muttiah Muralitharan to invest Rs 1,400 cr in beverages unit in K'taka
Bengaluru, Jun 18: Sri Lanka cricket legend Muttiah Muralitharan will invest a total of Rs 1,400 crore in phases to establish a beverages (soft drinks) and confectionery unit in Badanaguppe in Chamarajanagara district, according to Karnataka Large and Medium Industries Minister MB Patil on Tuesday.
The announcement came after Patil held discussions with Muralitharan, who met him to discuss the project.
In a statement by the Minister's office, Patil said the former Sri Lanka cricketer Muralitharan plans to manufacture beverages and confectioneries under the brand "Muttiah Beverages and Confectioneries." The project, initially planned with an investment of Rs 230 crore, has now been revised to a total of Rs 1,000 crore. It will be further increased to Rs 1,400 crore in a few years, he said.
The minister also noted that 46 acres of land have already been allocated for the project and manufacturing operations are expected to begin in January 2025.
He also said officials have been directed to resolve minor issues related to the allocated land.
Patil further revealed that Muralitharan has plans to establish another unit in Dharwad in the near future.
Legendary Cricketer Muttiah Muralitharan Expands Business to Our State!
— M B Patil (@MBPatil) June 18, 2024
Sri Lanka's cricket icon Muttiah Muralitharan, now an entrepreneur post-retirement has established a soft drink manufacturing plant in his homeland and has now selected our state for expansion.
A Rs. 1,000… pic.twitter.com/94hExZHTgD
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
What is Iran’s 10-point plan? Key demands ahead of US talks in Islamabad
Tehran/Islamabad: Iran has outlined a 10-point plan as the basis for upcoming talks with the United States, expected to begin in Islamabad on April 11, according to a statement from the Iranian Supreme National Security Council.
The plan lays out Tehran’s key political, military and economic demands, and is being seen as a framework for negotiations following the recent escalation in the region.
Strait of Hormuz at the centre
A major focus of the plan is the Strait of Hormuz, a critical global shipping route. Iran has proposed “controlled passage through the Strait of Hormuz in coordination with the Iranian armed forces,” which it says would give the country a unique economic and geopolitical position.
The plan also calls for the “establishment of a safe transit protocol” in the Strait that would guarantee Iran’s dominance under an agreed mechanism.
Call to end conflict
Iran has demanded “the necessity of ending the war against all elements of the axis of resistance,” signalling its expectation that hostilities should stop not only in Iran but also involving allied groups in the region.
US troop withdrawal
Another key demand is the “withdrawal of US combat forces from all bases and deployment points in the region,” indicating Tehran’s long-standing position against American military presence in West Asia.
Sanctions relief and compensation
The plan places strong emphasis on economic measures. It calls for “full payment of Iran’s damages according to estimates,” along with “the lifting of all primary and secondary sanctions and resolutions of the Board of Governors and the Security Council.”
It also seeks “the release of all Iranian assets and properties frozen abroad,” which have been a major point of contention for years.
Binding global guarantee
Finally, Iran has demanded that all these terms be formally recognised through “a binding Security Council resolution,” suggesting it wants international legal backing to ensure enforcement.
What this means
The 10-point plan reflects Iran’s broader push for security guarantees, economic relief and regional influence. The upcoming talks in Islamabad are expected to test how far both sides are willing to negotiate on these demands.
