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
Your topic is outdated... people know your evil intention to make peaceful hindus and muslims fight each other..
It would be better for you to look Who is our CREATOR and how he wants our life to be lived rather than only creating evils in the society...
the word 'Hind' in arabic means 'India\.. in that context , what he said is correct.. all indian nationals are Hindu nationals , irrespective of their religion.. there is no religion named 'Hinduism\"
Name 'hinduism' term used by british for easy survey.. other than Muslims and christans, all others included under 'hindu' label."
Mr. Chaddi guru please shut up your mouth. Suggest to think at least 5 times before your speak
India does not belong to any communal group. Only freedom fighters and their alliance permitted to give any comments advise. chaddi desh drohi has no right to talk about HINDUSTAN.
Jai Hind!
Who r u to decide who is who?
If u go to Kerala and Tamilnadu they don't understand word Hindusthan....He He He....
So Modi slogan India First will change to Hindu First. Eventually it will turn to sangha first. Looks like he is on drug. RSS has accumulated and looted large sum of Indian money since Modi came to power. CBI has to investigate every RSS member account.
I dont find anything wrong in this . Ofcourse we can also be called Hindus .as Hindusim is not a religion , it is a way of life and people staying in a geographical area ..we Muslims have lot of tradition and culture imbibed by our hindu ancestors , dargah worhsip is also one among that ... we are hindus Mr Mohan bhagwath ... hindus or bharatiya is fine with me . you guys belongs to sanathan dharma ... we belong to islam .. but i strongly believe we are hindus ...
WHO IS THE HELL YOU TO DICIDE, YOU ARE A JUST TERRORIST GO AND FIGHT IN BORDER,
I am working is Gulf.... and every Indian here is called HINDI irrespective of which religion he belongs to... So what's a big deal...
By the way Hindu/Hindus is not the real name of the religion. It is called Sanathana Dharm... Unfortunately loads don't know this fact.
Hindu/Hindus is the name given by foreign invaders who came to India in the past.
Correct me if I am wrong
Which nationality his balls belong ???????????????????
Ajjer na posa raaga surand.......aklakulu benpunu aklakul thinpunu hindu aanda daane muslim aanda daane ? .ajjere jankle badhkare budle...chaddi nuppu korpujji....
Its Great to hear from him Mr. Bhagavat about Hinduism why he reminded only about Muslims( may be upcoming UP Election) why not Dalit and Cristians why he spared them from Hinduism by the way if you study the deep root of Hinduism you will never find its a religion its a practice of all culture and morals of the land called Hindustan those who were living in the bank of Sindh and mohanjedaro in the earlier centuries used to calls Hindus people. Now RSS want to re write the history of Mughal kings are may be called Hindu emperors the easy example like Akbar the great.
In the first place this person and his RSS supported British rule in India then what the hell is he knows about Hindu culture.....afterwards his party man killed Mahathma Gandhi....terrible people......but he does not have any right to teach Muslims what to do and what not to do.....Muslims know how to respect one another's religion and tradition....He should mind his own business....
Mohan Bhagwat should be an Indian and respect all Indians first. He should denounce statements from various sanghis on patriotism of non-Hindus. Mohan Bhagwat should respect Indian constitution and urge all the hate mongers to respect it.
Poor old man does not know what & who is a HINDU. It is nowhere mentioned in the so called scriptures they believe. After all the name HINDU was given by MUSLIMS. Pack of Jokers!!!
People live in France are called French
People live in Briton are called British
People live in Indonesia are called Indonesians.
This Sanghi have no idea at all what we call ourself?
Those live in India are called as Indians
Those live in Bharath are called as Bharatiya
Those live in Hindustan are called as Hindustani
Not all Hindus. But, we have a majority population who are Hindus.
Do not forget that all mankind born as Muslim... (Adam A.S)
Take time to study about Islam....
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