May 11: The Karnataka government appears set to roll out red carpet welcome to foreign companies seeking to move out of China.
The State's Large and Medium Scale Industries Minister Jagadish Shettar said the Government plans to constitute a task force, under the Chairmanship of the Chief Secretary T M Vijay Bhaskar, to spearhead the drive to attract such investment. A proposal to this effect has been sent to the Chief Minister B S Yediyurappa for approval, the Minister told PTI in an interview.
This panel would take feedback and suggestions from a consultative committee to be formed with prominent industrialists from the State and representatives of various countries located here, Shettar said.
In recent days, the Minister held consultations with industrialists such as co-founder and Non-Executive Chairman of Infosys Ltd, Nandan M Nilekani, Executive Chairperson of Biocon Ltd, Kiran Mazumdar-Shaw and Chairman of early-stage startup accelerator and venture fund Axilor Ventures Senapathy (Kris) Gopalakrishnan to fine-tune the States outreach push.
Shettar also held interactions with industry bodies, including Confederation of Indian Industry (CII), the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), Bangalore Chamber of Industry and Commerce (BCIC) and Karnataka Small Scale Industries Association (KASSIA).
Industrialists who took part in the deliberations suggested to the government to focus on ease of doing business and improving the single window clearance system for approvals, as the Minister spelt out government's intent of further improving the investment climate to attract industries to Karnataka.
To boost the industry sentiment in the State, they also stressed the need on easing land acquisition regulations, and leveraging the knowledge base of Bengaluru to promote technology-based manufacturing.
"Given the interest shown by some companies in moving their manufacturing bases out of China, the industry leaders recommended that the State government identify a target list of 100 firms to reach out to for attracting to the State, and work out a strategy to bring them to Karnataka," an Industry department official said.
The industry leaders assured cooperation from the private sector in reaching out to and facilitating interactions with CEOs of these companies.
Shettar said restrictions on acquisition of agriculture land for starting industries have now been relaxed with the passage of an amendment to the land reforms act in the recent Legislature session.
This would facilitate immediate land allotment to industries, he added.
The Minister has also submitted a proposal to the Chief Minister on relaxing labour laws.
Secretary General of industry body ASSOCHAM, Deepak Sood, told news agency recently that there is a broader consensus that the global manufacturing supply chain would be more spread than concentrated in major economies like China.
"If India comes out of the present crisis with minimum of impact, we can be the destination of choice for the global manufacturing giants in different sectors like electronics, computer hardware, pharmaceuticals, including medical devices, automobile, including components and other engineering products," Sood had said.
Gopalakrishnan, also co-founder of Infosys and former CII President, said India has to target companies which have operations in China, reach out to them, understand what their needs are and hold discussions with them.
"We have to make sure that their requirements are addressed, be it with regard to land, office space, faster approvals, and some concessions on local taxes. It depends on the businesses that the companies are in, and if we are able to respond to those requests, I think we will be able to attract them", he told news agency.
"All states will compete for this business (foreign investment)," Gopalakrishnan added.
Comments
my dear hindu brother and sister dont blive in RSS they are not fighting for hindus they are fight to bring back the bristish rule bcoz they love thm bcoz they get everything wht they frm thm so they want thm back thz the reason they celebrate birth anniversry of killer our father of our nation tippu was curel for british and also for the people who support the british thtz y RSS says tht tippu is curel
India need another brave like Tipu sultan to eradicate RSS from the country.
RSS quotation itself proves that world has no matching personality like TIPPU for Nationalism and defence of country. For British - Tippu, Bhagat Singh, Sukhdev, Ashfakullah Khan, Ghandiji, S.C. Bose... the list is endless.... all were Terrorists. It was Timid Savarkar and Hindutva fascists joined hands with British, worked against mother India and responsible for the massacre of thousands of Freedom Fighters of India. Till today these anti-national forces neither recognised Secular India, nor constitution, tricolour flag, national anthem.. rather they use all these to destroy Secular India. Founder of RSS openly said NOT TO FIGHT AGAINST BRITISH and advocated his goons to fight against Muslims. This is the history of RSS & British
Why siddana and his chelas want to celebrate this coward tippu jayanti.......hope siddana want to make karanataka islamic state by apeasing minority community.....!
This is what RSS is , RSS didn't want independence coz they had a close with British , British even killed Bhagat Singh , Raj guru and sukhdev as traitor but we Indians still treat them as freedom fighters , I think RSS treat them as cruel ????
Shame on u bloody RSS people , you guys have no rights to be in india h better go to ur British bhais.
Dear Cheddies (Now Pantees),
who brought Silk from Persia to India....how many farmers are living beacuse of silk in India...just think it....
I think Cheddis were hand to hand with British against whome nationalist were fighting during independence
Britishers know that because of tipu. India got independence.
To British, Mahatma Gandhi was a traitor & an enimy !
Every patriot was an enimy !
Nathuram Godse was a murderer ! Why should anyone need a lesson by those who celebrate Mahatma's killers jayanti??
Now RSS and British are Bhai Bhai (Brother's).
We got Independent on 1947 But for RSS Chaddis they lost their Freedom on 1947.Wa Re Wa Chaddis.
What if the Tipu was a Hindu. The tune of RSS would be different.
Apna cheddy nahi Sambhal sake. Abhi pant per uthargaye.
All Indians fully understand that the RSS was actively in support of the British, and did ABSOLUTELY NOTHING to fight for India's independence from colonial rule. Its a known fact that USA has already enlisted RSS a terror group and has to be banned.
If he is cruel for british then of curse is hero for Indians.
If in front of RSS, Mahatma Gandhi is criminal, who else is good fro them.
RSS needs high level medical treatment. This is true not joke.
Whoever discussing any subject where RSS is involved, it is waste of time and finally it is stupidity to talk to them.
Just see what they did to Mahatma Gandhi and how they are glorifying his assassin Naturam Godse.
Unfortunately it is our unluck, still in India the majority of the people are their supporters therefore they were able to keep their puppet BJP in centre.
God, give them wisdom.
Who is British - Grand fathers of rss - they jointly involved in the cruel murder of our father of nation - GANDHI - they are the supporters for anti nationals and hindu terroristssss
British people considered all freedom fighters as cruel. Do you think all freedom fighters are cruel. in fact You guys are cruel. killed mahatma gandhi and other human beings in riots. RSS is following the foot step of Zionist, Nazism. they are deceiving people.
Oh yeah... Your savarkar / glovalkare was following British rules and they were feared of British rulers,. But Shahid Tippu was real tiger / hero of india / world. so british was too worried. Common man bloody RSS now wana prove based on British comments. hehehh.. shameless people. Being a tippu not a Savarkar
Yes ... This is the real face of the cheddis which was hidden for long time..the cheddis will follow their chachas (British) who want to rule over the people just like they used to rule over india and take all the resources and enjoy their life by making others to enslave them...
The hindus who think RSS is fighting for hindus is just a deception... U will surely see this in the near future...
Add new comment