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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The Qur'an, Kannada Translation & Explanation is available @
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Dear Brothers,
These are nothing but so called salafi, Salaf means should follow the quran and sunnah according to the understand of the Sahaba, these are just following their own desires under the banner of salafi name. kindly change your organization name to somethingelse.
Brother Thanzeel what about your pant ?did you cut?it's above the ankle?first you did and scrue aothers,
U.N.Abdul Razak sir (President of SKSM Mangalore) For the sake of Allah Please cut your Pant its beyond your Ankle.
I did my duty obeying is your Wish.
Dear Abu Rimsha,
you can use Translated Quran in Kannada Meaning Version in Android Play Store Type PAVITHRA QURAN
Already there are kannada quran by other org like Shanthi prakashana, AS Puthige etc, if we are able to done coordinated work we can avoid duplication & use energy, time, money for different works.
Dear Abu Thabish IFF is working for community not like other group fighting each other .there are many group in salafi calling them kafir first stop saying other kafir. Allaha will see heart first . Salafi Built Many Mosque Near the other Mosque .there is no need built the Mosque still they Built the Mosque near other mosque in Many place .divided the Muslim .
No identity of islam except big beared.
Hope, they are muslim
YES BRO #5 AM MANGALORE,,,, PLEASE CONTACT MASJID IBRAHIM KHALEEL, NEAR STATE BANK MANGALORE.
Can anyone tell me, can i GET FREE COPIES of this BOOK?
There are many people without knowledge made enemy of ISLAM
There are many people without knowledge HATE ISLAM
There are many people without knowledge fall trap to enemies of ISLAM
What is ISLAM?
IS ISLAM encouraging Terrorism?
IS ISLAM enemy of other RELIGION?
Does MUSLIMS hate HINDUS?
An intelligent person will try to KNOW the reality and will not accept whatever is said in the MEDIA... It is easy for ENEMIES to SPREAD LIES & FOOL, when the PUBLIC accept whatever said to them... & not VERIFYING.
We MUSLIMS believe that QURAN is word of OUR CREATOR ALLAH, and his MESSAGE to all of his CREATION including NON MUSLIMS ... IT is YOUR choice to READ it, PONDER it, if not satisfied MAKE a research of it... If YOU still dont believe what is said in QURAN ... it upto U .. there is NO FORCE on YOU by the RELIGION of TRUTH, the only religion accepted by the CREATOR of all that exists.
THINK & PONDER.... Dont stay IDLE ...
Well said Mr. Abu Thabish, KSA.
Dear Karnataka Salafi Movement Concern,
Plz advise the Salafies translated Quran with Kannada meaning version in android Play store. Presently I am using Divya Quran by Shanti Prakashana.
Salaam
Masha Alaah...
Dear IFF, KCF Brothers
This is what we call Deeni Program. Helping the Society to achieve the Goal for Life after Death.
See the Beard See the Pant (Above the Ankle) This is the Actual Uniform of Islam.
Do not waste your Precious time..Learn Islaam before its too LATE.
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