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.
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Mohammed harish ... (16)
Point to be noted.. For long time people are in Darkness of this false story.. and many hindus are reading it and understanding the deception on this. and they even question.
if God cannot recognise his own son , then how can we accept him as God.
If God cannot fix with human head then how come we accept him as God.
If God cannot act aggressively with his own son, how can we accept him as God
Question to PONDER and know NA TASYA PRATIMA ASTI (There is no image of God) When VEDAS says it then people are mocking at God with such idiotic ideology which doesnt make sense... Please stay away from such ideology and Ponder on who is our CREATOR ... God will Guide those who are honest in their search.
May God help those who are HONEST to find the truth.
Please he his not god he is same like human being same like us.
we need to worship only one god. thats none other than allah. he is the creator all of us and entire world. you guys are worshiping stone. you know stone is created by god. we dont know how god looks. and yu guys celebrating ganesh chathurthi. i read about ganesh story parvathi the wife of shiva was getting ready for her bath and she needed someone to gaurd her. the young boy stand near entrance of the bathroom, while she was bathing shiva returned and was surprised to find little boy standing at the entrance. when shiva tried to enter. the little boy blocked his path. shiva asked who are you why are you blocking my path...? little boy answered no one enters bathroom my mother is taking her bath declared the boy boldly. shiva replied i have right to enter she is my wife . but young boy did not move but stood his ground. shiva not knowing that this was his own son , shiva who was quick anger grew enraged. little boy disobeyed shiva , he cut off the boy head. parvathi returning from her bath saw her son lying dead and overcome with grief. she was filled with both anger and sorrow.
shiva sent his soldiers to fetch the head of the first best they saw. the men rushed and finally come upon with elephant head. then shiva attached it onto the body of the little boy and gave him life once again . i have doubt in this story. y shiva dont know about his son.. is he born to shiva. why they fixed elephant head. why cant fix same human head. god god fighting. ha ha ha ha ha this is crazy. fully confused religion.
Its just an idol. Where is god. God is a creator not a creation.
The one who made the idol. He is more superior than the idol.
Quran says. Only the religion is acceptable is islam. No other religious book says so.
Muslims just deliver the message. They don't benefit anything. At the of end. They will be the loser.Only quran says earth is round. And finger print does not match with another finger.
Even zamzam water. Millions of people drink. It never felt short. Saudi is known for shortage of water. But zamzam water never dropped an inch.
Keep ur ego aside. Come to the true religion.
There is no Hindu God or Muslim God or Christian God or God for any other community...
God is ONE, Who created U ME and all that exists...
From Prophet ADAM to Ibrahim, to Moses to Jesus to Muhammad peace be upon them all are all the prophets of God who conveyed the one message to WORSHIP him alone and dont associate partners with him...
Search for TRUTH, If you are HONEST, U will find the TRUTH ... God's Guidance will reach YOU if U are HONEST and TRUTHFUL in searching for HIM...
Follow VEDAS (NA TASYA PRATIMA ASTI) rather than cheddis script...
(Temple & idols are made to oppose vedas)
U will be successful....
He reached his highest level, he does not need God, even if he teases God people accept it....God was there for him when he was zero....
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