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.
Uttara Kannada deputy commissioner SS Nukul on Saturday passed the order prohibiting Jayant Naika, son of Govinda Naika, a resident of Mavalli in Murudeshwar from staying in the district for next three months.
Comments
I think this is the best way police can do. Whoever do mischief and creating problem in their town should throw them to other state for 5 years. Istead of putting them in Jail.
They not allowed visit their family upto 5 years. Then they knows the values of human being.
send him to hell forever. he is a culprt
Kick him out to china or pakistan border
Huballi is not far....send him to Andaman.....or Saturn would be better....
Good Move... The authorities should recognize the trouble makers and give harsh punishment so that the society will be peaceful...
There are many authorities who wear bangles and fear the cheddis. its time to know that cheddis evil power are diminishing day by day and there is no need to worry and live in fear.
The authoriites should do their jobs without fearing the consequences... Do good to the society ... God's help come when our intention is right.
He should have been booted out at least for one year... so that other monkeys will learn .... He may be following the foot steps of his Guru Mutalik and may be demanding 10 laks to start a riot .....
Good Job done by the district police. he should be thrown behind the bars for ever for disturbing peace
Kick them out of Country.Waste Bodies.
Hats off to super star nukul (mr.s.s.nukul), d.c of uttara kannada, for at last showing the guts and courage of
Power of his respected post, to maintain the law & order of the district, by thrwoing out this so called \gandi naali ka
Keeda\" out of the district for the benefit of the peace loving people belonging to all the communities, who are allowed to live & let live harmoniously. Long live india & indians. Jai ho."
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