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
VHP are the most jobless people on earth. If they want to do social service..there are a hundreds of things they can do..and it's a very sad reality that these VHP people who are \so called hindus\" haven't read a page of their Scripture..it is their Hindu scripture that tells them to eat beef and other non veg. This clearly shows their level of knowledge. This is all a drama!because I have met so many hindus (I don't lie because I fear Allah) who eat beef..And even Christians who are no where in this beef issue. And i even know of these SAME NATAK HINDUS WHO PUT A NEW BORN MALE CALF INTO GOBAR GAS TANK BECAUSE THEY THINK MALE CALF ARE OF NO USE."
Is it mr true Indian ?,cmon give me a break. First learn English then advice me..from.which wahabist madrasa you learnt English .first learn the difference between \ leaving \" and \" living \" .then advice .sorry I am not a voter in US .if mr trump wins the election .I will be more happy because he knows how to handle Islamic terrorism wel . I am okay with racial profiling and I never met intolerance in this alien land ."
@Ahmed
When trump kicks u out from usa. What u will do. U r leaving in USA. But ur english is very poor.
@Ahmed fake.
ur usa funding and created terrorists. Shame on u.
Just type hilary clinton and taliban on utube. U will get the answer.
I never tried to divide. I tried to unite.
Pork carries lots of diseases an
Mr True Indian .don't talk like nonsense. I doubt you are an Indian.when we live in multi religious society we must respect others faith. If not becoz bastards like you .society gets divided.I clearly say its becoz of people like you sangh parivar is getting into violence mode .are you aware of cheddis power these days ? Come here and see.no no ...I don't think you will get not even tourist visa with your attitude for USA.whether you accept it or not ..100% sure Mr Modi will bring uniform civil code and we will be in real mess thereafter .so always advice respect other faiths .let's keep religion within home and private and outside let's live like Indians.Hindus take out hides from dead animals .do you know that ?...beef meat means buffalo meat also ....there is no restriction for them to eat it .PFI blocked?,I don't think so. They are having free time becoz of congress govt .moment table turns real problem will crop up. We must never underestimate cheddi log .even though I don't endorse them .its the fact .now they are more powerful than before .we might glorify PFI kfd and CFI .but we must know and predict our future positions.certainly we will have more problems if we allign with wahabist mentality groups in coming days.
Bopanna
But we dont eat. Have u seen a single muslim who ate pork. But i have seen many cheddies who eat beef and pork.
Pork is the only animal on earth which eats his own shit.
Pork eaters are also called as shit eaters. Ru pork's shit eater.
What about serving pork to Muhammad and all of you ,?
chaddis are with a intention to spoil youngsters life.
i/o of doing public welfare.
If one visit beef serving hotel it's real fun to see chaddis enjoying beef
Y don't u guys BAN export of beef which has increased
hahahaha look at one of he guy's comment(mainly we have to destroy bunder), for your kind info couple of years ago BEEF MANDI was under he hands of few hindutva activists, why didnt u destroy then ?
these people give big dialogues about go maathe and all and when they boose they make sure that they have a plate of beef fry.
HYPOCRITES.
Go and tell Modi to stop exporting cow meat.....before start killing innocent human kind....you don't have value and respect towards human kind....heartless creatures....killers of Mahatma Gandhi....
Yes you are right ....................Great result ...finally forced to change the tactics .....after Great resistance from Popular front of India and its allies such as Komu souarda vedike and like minded people and all other 95% Indian Citizens ...these fanatics agreed to change the tactics ...Jai Ho ........
WE CAN DO IT.......5 % Fascists V/S All other Sound Minded . Days are near when these Fanatics are dragged into the prison or to rehabilitation centres .
Vishwa hindu Pakistan
These coward people dont have guts to ban beef in goa.
Kick these vhp to pakistan. Police is not able to catch thogadia. How can they catch dawood.
Sachin Tendulkar’s Ferrari car. Udhav Tackrey’s Mercedes car. Baba Ramdev’s many luxurious car's interior are made from gau mata.
replace their car seat with steel chair.
And many luxurious brands in india like channel louis vuitton burberry gucci etc. most POLTICIANS use it. Are made from gau mata.
First look at ur own family member. Might fallen in love jihad.
How u people will survive without beef with alcohol.
Cheddis are known for their deception
Even after they were caught red handed by their own act of love jihad and cow Stealing, they are giving this shameful statements.. In future we will see this cheddis will be trapped in their deception again..
They think people are still fools accepting what they want .. But I wonder why dont some fools still dont understand this game of deception from the deceivers who learnt their lessons from the greatest deceiver on earth, the zionist... who will dump Indians as well as dump the cheddis with their evil acts...
u cannot stop anything in india, india will be the safest place for all like us.
banning caw slaughtering its just a dream.
for coming 100 or 1000 years, u cannot stop cow slaughtering, its our right we will eat till our death.
yes mainly we have to destroy bunder in this case
Hope at least your new strategy will stop beef export!!!
wow good news. Jai hindu rastra.
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