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
God says there is no God but him alone. He also says in QURAN that those who associate partners with him will not enter Paradise which is eternal (No death there). An intelligent person will not take it as simple msg, He will check if it is really God speaking or any man made thing...
So this intelligent person will research and study the Quran, also previous scriptures (original bible & torah and there are some elements in Vedas) to know WHAT IS THE PURPOSE OF OUR LIFE?
When our intention is HONEST to look for the TRUTH, GOD who put soul in us and CREATED us will surely show us the Signs of HIM and those who got his guidance are really BLESSED...
If some Muslims wants to hide the non muslims of the TRUTH of associating partners with him ... it is HE is hiding the TRUTH with U non muslims of severe punishment for associating partners with him...
God is JUST he created us and we worship man made things ... isnt it right that people recognise this TRUE GOD and WORSHIP him alone.
Quran explain in Surah 114:
Say He is ALLAH, the one and only,
ALLAH , the eternal absolute,
He begetheth not Nor is he begotten
And there is NONE like unto HIM
VEDAS also says \NA TASYA PrATIMA ASTI - There is no image of God.
Krishna is just like human (So TRUE MUSLIMS cannot except him as GOD) . There will be some illiterate in the knowledge of God in Muslim community as well... It is either bcos of his weak faith or other reasons. God knows best what is their FATE...
But for ME ... I cannot deny GOD and join the party of associating partners with HIM ... O ALLAH save me from SHIRK and Save me from the HELL fire which is eternal (No death there too)"
i posted the one comments and my name is missing. please add it while publishing
Ideal worship is Haraam & Shirk. we believe there is only one creator and we cant see him. otherwise i could have joined and enjoyed these kind of get together along with my non Muslims Brothers. But being Muslim our first faith itself is One God and for him no partner and no family. But my family and me Love our Non Muslim Brothers and Sisters so much as our own family members.
Communal peace and harmony not by celebrating Krishna Jayanthi or Mohammed Jayanthi... It is completely prohibited in Islam even Prophet's (PBUH) birthday celebration.
We can bring communal harmony in the society by helping one another, understanding one another feeding poor people in all community.. Brotherly life in the society... Celebrating these kind of Jayanthi just for name sake..it is not acceptable at all..
Ramya should celebrate this and talk about unity of the society she always wanted to divide the both opposite community. be like a true Indian celebrated the everything comes to the life.
Add new comment