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
I agree with you but, if something happens to her family by these hoodlums, it will be a huge news, not only Karnataka will lose credibility, but these hoodlums will gain reputation and notoriety, which would be very unfortunately.
It would mean that Karnataka has fallen to a level of dystopia. international news, will have field day adding bad repo to our nation.
All life be it farmer, beggar or star has to be protected as citizens..
Actually the best way would be to arrest the people starting such campaign’s and issuing bounty’s.
And what about the police, law and order, constitution?
The movie glorifies Rajputs, there bravery and Valery is highlighted.
there is not even a single frame shared by both the actors.
And India currently has bigger issues than this to be tackled
Dear Gopal, "no offence but If you do some research before putting forth such statement
you will find out that this is a real issue
- here is a link from Hindustan time also for your reference
http://www.hindustantimes.com/india-news/padmavati-row-haryana-bjp-leader-announces-rs-10-crore-reward-for-beheading-deepika-padukone-bhansali/story-SNu3xwOyMQmJU3fNzbSVyL.html
First of all this is extremely wrong from an elected individual, its not from a teacher
scholar etc it is from Haryana’s BJP chief media coordinator Suraj Pal..
It appears to be a diversion tactic,
so that focus is changed from actual issues.
Padmavati producer includes Viacom company which is owned by Mukesh amabani.
Now first of all this action done by this representative - is wrong lets agree to it.
As for fatwa ( not patwa) let me enlithen you. Fatwa means opinion in arabic language , So if you have an opinion it can also be called as your fawa in arabic…
Lastly there has always been a huge cry on any fatwa’s issued, I am surprised your comment meant that this fatwa went unnoticed.
But generally this fatwas are given by idiots who don’t have any bite but only barks
whear as if a d&* is capable of biting then precautions have to be taken for protection of the intimidated individual."please think with open mind and without color glasses, there is no need to polorasie everything
DKS, please check what is happening with poor farmers. Deepika is celebrity & she can afford security. When she has not asked for security, why the hell r u bothered. There is no better work these politicians just to show up in media & become HERO. Y is karnataka govt bothered? she is all time in Mumbai. Let her shell out money & get security. Why tax payers money is wasted for such celebrity who loot public by displaying movie and cinemas. JAGO JANTHA JAGO !
I understand films have been made in the past based on Padmini. Kamonar Agun or Flames of Flesh (1930), Maharani Padmini (1964) in Hindi, Chittoor Rani Padmini (1963) in Tamil starring Sivaji Ganesan and Vyjayanthimala. Wonder how these stories were told ! Surely Bhansali would have glamourised it, going by his past ventures !
At this rate, we will have curbs of freedom of speech and we will all need police protection. Wonder what is happening to the sense and sensibilities of our people. No tolerance, no patience with 'my way or the highway' attitude. This fanatical attitude will soon destroy the nation!
Who is D K Shivakumar? Is he Judge of supreme court ? what is his jurisdiction? What did he do when his govt was directly responsible for Suicide of honest officer like D K Ravi and DYSP Ganapathi? Shameless people in power
Any difference between bounty and fatwa. leaves me wondering. where are we heading
Hell with film Padmavathi. Karni sena and BJP should intensify protest. VHP, RSS, Sri Rama sena, ABVP should join the protest for ban
Looks like DK already have some clue. So raising protection request. Hope it is not from internal news where they want to do something to say something against BJP. But he never raises concern on Patwa raised by Muslim groups. Strange???
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