Bengaluru, Jun 3: Deputy Chief Minister CN Ashwath Narayan on Tuesday invited investors in the Electronics System and Design Manufacturing (ESDM) sector to Karnataka, as the state contributes 64 per cent to the sector's total exports from the nation.
During a video conference organised by Invest India for a few select states with leading ESDM players across the globe, Narayan said, "We are the largest chip design hub and home to 70 per cent of India's chip designers."
Karnataka has introduced industry-friendly policies from the beginning and it continues to be the leader in attracting technology-specific investments, he added.
"Karnataka has an estimated GSDP of almost USD 220 billion. We were the first to come out with IT, BT, ESDM, and AVGC (Animation, Visual Effects, Gaming, and Comics) policies to give a push to the growth of the technology sectors and innovation. We also have vibrant automobiles, agro, aerospace, textile and garment, and heavy engineering industries," Narayan explained.
"We have created sector-specific SEZs for key industries such as IT, biotechnology and engineering, food processing and aerospace,'' he said.
However, the state government is planning ahead as it has initiated talks with other countries.
"We have held multiple consultations with the private sector to seek inputs for returning to business as we ease the COVID-19 lockdown restrictions. We are also initiating dialogue with countries across the globe to understand future plans for their companies in the post COVID era and discuss how the Karnataka government can support that," the Deputy Chief Minister stated.
"Karnataka has attracted cumulative FDI inflows in the state from 2000 to 2019 which were recorded at USD 42.3 billion," he said.
Referring to the Karnataka ESDM policy 2017-2022, Narayan further said, "We aim to stimulate the growth of 2,000 ESDM start-ups during the policy period and create 20 lakh new jobs by 2025.
“It will be my endeavour to ensure that benefit of various government schemes for minorities reaches the last person among them,” said Mr Gafoor while thanking Chief Minister Siddaramiah and other party leaders for trusting him and giving him the new responsibility.
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please insert SHESHADRIPURAM COLLEGE NAME in your ARIVU LOAN loan web page
Dear sir,
Firstly Congratulations... Sir if possible Kindly visit at Kalaburgi KMDC branch and see how they disrespect poor students.. i also experienced . I feel deeply ashamed why am i poor why did i came here Look's like they're paying from their pocket.
Requesting you to take some action against them.
Congratulations Gafoor Bhai
Muneer khan
Muslim industries Associtation
Bangalore
Congratulation Mr.Gafoor bhai best of Luck
He is one of the leader since decade who is working for congress. Down to earth person and deserve the position. I wish him best for his new assignments.
Mabrook... Wish you all the best
Al Hamdulillah, Finally your efforts came true, Wish you all the best
MUBARAK HO
GOOD NEWS
BEST OF LUCK
GAFOOR BAHI
Congratulation brother.
Gafoor sab nice to see u again here.
wow good news, looking forward for the better development in MDC, all the best.
very prominent leader, those who have chosen this guy for this post are very lucky to get service from him.
wow gafoor bhai all the best.
Congratulation Mr.Gafoor. Wish you all the best.
CONGRATS GAFOOR BHAI...............
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