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.
Comments
Police busy in protecting cows.....
Saudi Arabia is the peaceful country than Our India. Why?
Because Islamic rule is there.
Exactly jeevan ...they are taught to slit the throat in the name of festival .so their No's are always high in slitting the throat of nation ( anti national activities )...soon. It will back fire ..and also back firing ....Israel showed the model ...Myanmar replicated ....now Americans duplicating it ...we Indians who are proud to say bharat mata ki jai must follow Israelis ...nobody shoeing sympathy for pellet gun attack except sicular and ummah gang ...it shows everything
@jeevan...
My dear we are doing animal slaughter to eat only....
You are also doing human slaughter even today killing women and children and sacrificing for maa kaali and other gods...correct your wrong number first...cow slaughter or eating wa
@ Jeevan # 9
We can say in other words,
Animals are valued over human.
Like you is nt it faizhal Bhai ......haha...enree innu Dana kadilikke hogilva ?
It is now proved that Islamic state ordering killings in Karnataka as they get free hand in khangrace govt ...proud billava youth died becoz of Islamic millitants ....rip charan ....chutiya log ..if they have guts they shud face directly ...not infront of kid ...
Take his wife and auto driver in police custody, truth may come out in a day.
These buggers should never get married.... understand naren and viren
when bajaragdal member killed by some pfi or kfd activists he will became rowdy sheeter. if anything happens ulta, in headline bajrangdal name will pop up
for animal slaughterers its easy to slaughter humans also.
his sin will follow him.
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