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
o Muslims you are not powerless, may be govt running is bigger than us but you are not powerless. many people are waking up and realizing that Islam is wonderful religion, full of honor & dignity. As Muslims we have a lot job to do. RSS is in business of dominating our country and they are using state resources to kill Muslims and elect those who kill Muslims. We need to carry the message of Islam not the message of violence. RSS want Hindus to live in a state of fear where they can manipulate and manage them. Govts we have here now have become hypocrite. if govt. is truly democratic it should work for people.
Now things are manageable. No meaning in scratching the head when things become not manageable. We need Hindus to sit down and read Quran once in their life time. Quran is way of life and is system of life which actually works. Stop the fear of Islam. Islam is not your enemy. Islam doesn't send you bills to your door step. Islam doesn't kill you when you drive on the road in the morning. We must stop the business of blaming Islam & Muslims. If we do not something quickly then we will be in state of fear which you wont believe and it will be such a dark place to live because money & power may be major problem which is going to come to the mankind. rich & poor gap is widening. Allah knows best. May Allah guide us all. Ameen
This chap was the HM that time , why didnot he stop ? no he is coming and telling the biggest lie ... no wonder congress got tight slap ... 100% we will ensure they will lose karnataka and kerala too ..kerala they have alliance with muslim league , which divided our nation . so midset is clear
they want rashtradrohis vote , so they can get into any level ... same afzal guru encouraged millitants to rape and kill innocent kashmiri pundiths ... more than 10,000 pundith womens were raped by islamic thugs and more than 60,000 killed and more than million driven out of kashmir ...
If sanjaydath is Muslim then definettly excuted
O MUSLIMS YOU ARE NOT POWERLESS, MAY BE GOVT RUNNING IS BIGGER THAN US BUT YOU ARE NOT POWERLESS. MANY PEOPLE ARE WAKING UP AND REALIZING THAT ISLAM IS WONDERFUL RELIGION, FULL OF HONOR & DIGNITY. AS MUSLIMS WE HAVE ALOT JOB TO DO. RSS IS IN BUSINESS OF DOMINATING OUR COUNTRY AND THEY ARE USING STATE RESOURCES TO KILL MUSLIMS AND ELECT THOSE WHO KILL MUSLIMS. WE NEED TO CARRY THE MESSAGE OF ISLAM NOT THE MESSAGE VIOLENCE. RSS WANT HINDUS TO LIVE IN A STATE OF FEAR WHERE THEY CAN MANIPULATE AND MANAGE THEM. GOVTS WE HAVE HERE NOW HAVE BECOME HYPOCRITE. IF GOVT. IS TRULY DEMOCRATIC IT SHOULD WORK FOR PEOPLE. ALLAH KNOWS BEST.
NOW THINGS ARE MANAGEABLE. NO MEANING IN SCRATCHING HEAD WHEN THINGS BECOME NOT MANAGEABLE. I NEED HINDUS TO SIT DOWN AND READ QURAN ONCE IN THEIR LIFE TIME. QRAN IS WAY OF LIFE AND IS SYSTEM OF LIFE WHICH ACTUALLY WORKS. STOP THE FEAR OF ISLAM. ISLAM IS NOT YOUR ENEMY. ISLAM DOESN'T SEND YOU BILLS TO YOUR DOOR STEP. ISLAM DOESN'T KILL YOU WHEN YOU DRIVE ON THE ROAD IN THE MORNING. WE MUST STOP THE BUSINESS OF BLAMING ISLAM & MUSLIMS. IF WE DO NOT DO SOMETHING QUICKLY THEN WE WILL BE IN STATE OF FEAR WHICH YOU WONT BELIEVE AND IT WILL BE SUCH A DARK PLACE TO LIVE. BECAUSE MONEY & POWER MAY BE MAJOR PROBLEM WHICH IS GOING TO COME TO THE MANKIND. RICH & POOR GAP IS WIDENING. MAY ALLAH GUIDE US ALL. AMEEN
Sumesh,
The life starts when you are Died.. and surely we will come to know who is our CREATOR and the life after DEATH.. Seriously U need to learn about our CREATOR who promises heaven and hell and will give JUSTICE for the injustice done in this TEMPORARY material WORLD which many people are running over this... THINK and PONDER on who is worthy of worship . and learn about life after death... If U are honest the one who gave life will guide U>
in UK as per constitution no suspect can be detained for more than 6 days if they dont have any evidence . i don't know from where sir Ambedkar studied the constitution and implemented . In india a suspect can be hanged. laaa hawla wala kuwwatha illa billah.
Mr. Chidambaram should have said this information before his killing so that we could have saved an innocent man going in to gallow...how can a government answer this to God...some god will ask question with PM like hanuman, krishna, ganapathi etc....these Gods know real truth if Chaddis are believing in them....or they could have at least consulted Cow Goddess...
Every LIES will be OUT & EXPOSED and People will know CLEARLY the CHEDDI deception In-Sha ALLAH... People should go with the TRUTH , and not support the LIARS & DECEIVERS without VERIFYING the TRUTH.
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