Cola case not an investment issue: Kerala min

Defending the decision to ban Coca Cola and Pepsi, Kerala Law Minister M Vijayakumar on Tuesday said it reflected the LDF Government's soical commitment and there was no justification to dub it as a move that would discourage investors.

THIRUVANANTHAPURAM: Defending the decision to ban Coca Cola and Pepsi, Kerala Law Minister M Vijayakumar on Tuesday said it reflected the LDF Government's soical commitment and there was no justification to dub it as a move that would discourage investors.

Replying to questions in the state assembly on behalf of Chief Minister V S Achuthanandan, Vijayakumar termed as 'spontaneous reaction' the protests that followed the Kerala High Court's order lifting the ban, but decried the violence during the anti-Cola demonstrations by the pro-Left youth outfits.

The protests could be seen as a natural reaction. But violence would only weaken the power of the protest, he said referring to recent attack on Cola godwons in some parts of the state.

Vijayakumar said he could not agree with those looking at the Cola case as an 'investment issue.' The ban on Colas were imposed as part of the LDF's social commitment on a serious matter, he said.

Within four months of coming to power, the government had been able to win confidence of investors in vital sectors like I T, he said.

The work to acquire land for the 500-acre Techno City near here was progressing well. Also, the Technopark here would be expanded by acquisition of another 100 acres of land, he said.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Industry › Cons. Products › Food › Cola case not an investment issue: Kerala min
Text Size:AAA
Success
This article has been saved

*

+