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
If you study Hinduism in deep you will get mad. Like
1.Brahma got married to his daughter
2.Draupadi had affair with Karna.
3.Shiva chopped one head of Brahma
4.Shiva used to take ladies avatar for fun.
5.Ayyappa is the son of shiva & Vishnu.
6.Hanuman got married to crocodile.
7.Shiva failure to recognise his son ganapathy.
In reality following hinduism is like worshipping everything. Creator and his creations.
If you go for study, you will come to know that its an imaginary story not real like cartoons.
Ram is based on kaalpanic story of Valmiki(Thief)
In Sri Lanka there is no evidence of Rama. Its only available in Nagpur.
Good comedy serial the new tele serial mungere lal key haseen sapnee India never sleeps with all such comic episodes.
Dis guy is begging to change the religion hahaha....i dont understand y all saffron groups are so worried abt Muslim.
o barking dogs go to china and pak boarders area save our country...
ONLY Hindus converting to Islam. They know that Islam
IS TRUE religion.
No educated Muslim will Convert to Hinduism. Its impossible.
So stop dreaming. Look vhp's family members might converted to Islam.
Look at ur own house first.
Ondu Manga ninthu yeno bagulatthe adanna kelalu saviraru Mangagalu Kulithive.Yentha Vipariyaasa kanri.
What a Joke sir ji.
We dont want to be with you people in Jahannam.You people carry on.We are happy as a Muslim.
Such a huge majority of population....don't know why they are afraid of minorities....
So now on everyone go and live in jungle....
Where to find ravana....
Should ignore wife and kids in jungle....and can't recognize own kids?..
Really difficult task ....
And what about other gods..... forget them....come on
Rama couldnt save his own wife sita. How can he save u
Barking dog first you try to secure by yourself & your leaders those who are depend under government security.... Muslims dont need protection from you, Alhamdulillah we have one god Allah to protect us...
People like you are 2% in this country barking to spoil the peace & harmony between society.
Do not try to check patience of your own community peace lovers of society... Soon time will come where your bajarangis will start searching to enter space like rats... ha ha ha...
those hindu community k liye kalank hai.... True Hindu tho o hai jo peace lover hai....
@ Senior Vishwa Hindu Parishad Leader... who are you to protect others? You Cannot protect Yourself unless Allah wills... You are the black sheep of Hindu Dharma Coz your thoughts itself indicates that you are an atheist. You don't belong to any religion,
I wonder who will protect you fromAllah if you did not repent and accept Muhammad (peace be upon him) as your prophet
A 'Jain' asking 'Muslims' to convert to 'Hinduism'. Excellent example for communal harmony in feku (i dont mind if you read 'e' as 'a') age.
when Mr Jain converted to Hinduism ? just ignore his lose talk
To know how God created all that exists....
The Non Muslims should read THE QURAN... U will come to understand who is following what.. (U can try thequranproject online)
And to follow Prophets of God ... It needs God's blessing...
Some hate mongers are missing and they even cannot identify whats good and whats bad to the society.
To honest people on EARTH... Just ask once \oh the one who put Soul in me ... GUIDE me...\"
U will surely SEE the real colors of LIFE of who is with whom, if your INTENTION is right... TRY IT.."
Prophet Adam (peace be upon him). Was the first human being came to the earth. So by all means all are in this world should be Muslims. So now if all Hindus revert to Islam we will give you security to eat beef.
Mr. Beans & Mr. Badane of our Mangalore. Please be aware that most of good hindus are not following these goons. Jobless chaddis..oh sorry panties. They could able to gather only this much crowd. Beary nakulna madmed ned dhla jaasti jana barpundu maarre.
mental manja, now the statement clearly says if muslims dont shun islam then they are under threat ?
i cant stop laughing hahahahaha, we dont need the protection of chaddis.
OUR PM has joined with paksitan, will you boycott our PM .
Bloody hypocrites.
This Bullshit has nothing to do... Spreading venom in the society.. and useless govt continuing their silence towards these Sangah Parivaar, Why the Govt can't ban the anti social elements..
Islam is such a golden religion, don't you ever think that in your dreams....
India Ninna Ammena astiya?? Dirty people with dirty culture.
Shia Sunni ok! Dalit, Jain, Brahmins yaake? Y this Kolaveri D thaatha?
Quote\ Jain went on to claim........if they want to remain in India\"
unquote
May be Jain needs treatment in Mental Hospital as he says the above sentence to Hindu brothers & sisters which is impossible and he is fully aware of it.
then why barking ...... ?"
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