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
Is she not liable to be arrested for making such HATE statements and offering rewards for killing somebody. Is the police sleeping?
He should be crazy, kidnapping her and for what ?
She is shouting to get the government support to start a new business, like ramdev established patanjali company by using politics mantra. \Ghanda hain par dhanda hain\".
People are using Zakir Bhai s name to get the international attention on them. You will find some Non-Muslims and Muslims struggler against Zakir Bhai.
Zakir Bhai name is enough to get the bread and butter for all strugler."
She is fit to be Feku / dakus wife....
WHAT A HORRIBLE WOMEN
WHY DON'T YOU DO IT YOURSELF, YOU CAN SAVE 50 LAKH AND GET 15 LAKH FROM MR'S = 110%'S. YOU CAN BECOME A HERO.
WHY THIS CRAZY WOMEN, COMMUNAL HARMONY DESTROYER LEFT OUT TO STAY OUT OF BARS?
WHY THE GOVT BECOMING DEAF AND DUMB ON HER STATEMENT AND OFFERING MONEY TO KILL SOME HUMAN?
IN WHAT WAY AND PRACTICE SHE BECOME A SADHVI?
Whos is Sadhvi Prachi......Desh Bakth?
Manga kayyali Manikya Kotre ide gathi
We Love n support DR.ZN
Now every Peace loving Hindu should stand united against her and denounce her terrorizing speech. Say boldly she does not represent any peace loving Hindus.
Hinduism does not reflect in her. If people like her continues to live, they then spoil the Hinduism or the religion what they represent.
If the government is fair, they should take immediate action by arresting her and prosecuting under law of the land.
Now there is no any surprise for any peace loving person declares a bounty of 1crore for head brainless head, if the government does not take any action against her.
Oh peace loving Hindus and Muslims be united, live together follow whatever your religion says, but please use your valued brain for understanding the true teaching of God.
Look at her .........like shit....she represents. A religion...?
Again the drain is open.......may be because of rain...
Need some good man to please her....so she is satisfied with something.....
Dear Majoosi sect please identity yourself & Hussaini Tiger organization address before placing 15 lakh on Dr Naik. secondly implement your Ayatullah fatwa & award on Rushdi.
Sadhvi is on drug. She has no capacity to give birth to baby how can she behead someone like Dr. Naik. Too funny.
We need organization to file criminal case against these organizations & individuals scums in the court.
A Killer / Murderer in Sadhvi's clothing?
What are the criminal charges for supari killing?
Can police arrest her and put behind the bars.
VHP and its allies are feeding and nurturing few lunatic creatures in its terror camps and utilize them in such cirumstances which becomes mockery every time they tries. Arnav Goswami must be a frustrated joker at this moment.
look at her face... looks like an ugly pig.... thiti kaaladalli naayi tara bogalabeke???? I don know whether ths pig knjows d speeling of d word TErrorist,,, forget abt d meaning.....
This is th lab test for BJP govt hope Indian home minister n law ministers will respect our constitution and they will take firm action against this crap sadvi. Trace out, from where she got fund to announce such big amount.Either may rss or israely grours are supporting to spoil peace in INDIA.
Such persons should not alive in India.should hang in public.
JAI HIND!
Lie and lie more. Taqiiyya artists all of you
Now what shall we call this? Peace lovers? Is this not terrorism. Wher is arnab and party now, dont they have guts to question or interrogate her why she is promoting terror and hatred in peoples mind and encourage killing??!!!!
See her ugly face ..did she ever seen 10k rupee in her life ..first spend some amount in beauty parlour.
Zakir Naik s head is more costlier than kohinoor diamond. just by wearing orange dress an uncultured woman will not become sadhvi.
There are many scholars got defeated by zakir bhai in debate. They have tried all their scholars after getting defeat they are using terrorism weopons against him.
It shows their impotency .
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