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
He is a Naxal Sympathizer . When asked about Cauvery water dispute he supported Tamil Nadu and today he talks about Kannadigas. He has no moral right to do so.
He spoke from his heart!
True artist who stands for the people. Keep it up
If you have the right to the water then you should do something for preserving method also. Dont hope by looking other states water. You people cant implement proper method to ensure optimal use, save, presevation, keeping for future and planting trees getting rain.
I dont think so he will join in political party and contest in election. Basically he is a communist ideology believer and in Karnataka left party alone cant make govt. Congress or other party alliance needed. But no other party wont follow communist ideology (which does not mean communist ideology is bad. I mean congress or other political party doesnt have proper ideology)
Publicity stunt. Soon he will join in political party and forget what he spoke before
Only prakash raj shown the courage to speak against modi, speak for truth, stands for truth.
He is real hero. No other film actors wont speak about such social issues. All are speak, just for making controversy.
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