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
99% Muslims over all do all haram business.... Monarch is prohibited.. still saudi has monarchism ..... Idol worship is haram... u will find highest darga in India...... Interest is haram... 90% of bank borrowers and lenders are muslims..... highest default and interest payers in bank are muslims ... are Muslims..... ... my dear brothers before saying haram and halal.. first lets be perfect and then talk about haram and halal.....
#ummar,
Idol worshiping is forbidden in Islam, to support it or fecilitate it by any of the way is forbidden or it is like supporting idolatery,,,
Regarding your examples, prayer by Khalifa Umer or any muslim , at any place of clean is allowed , if there is no any idolatery supported images or any articles....and same way in islam , it is forbidden to harm any non muslim worshiping places...as mentioned by your second example...
This is surely Interest money, Bank Interest is Haram in Islam, Many Muslims have disputed land in their posses. these land either they have to give on charity or live for the Govt. So better to give to Ram Temple since Ram temple is very less in our country comparing to Snake temple and Monkey temple...Useless Muslims who did this all of them reserved places in hell surely Almighty Allah will punish them severely Insha Allah...!!!
NA TASYA PRATIMA ASTI... For Sure it means there is no image of GOD.
Ram is a HUMAN and Human has a picture. And U go against the VEDAS.
I think this guy want to deviate the locals & himself far from the TRUE GOD, who says God forgives every SIN except associating PARTNERs with him.
May ALLAH protect us from associating PARTNER with him knowingly & unknowingly.
@pleasant ..
U cannot says suddenly that shirk bec we have example here
some Christian community came to Makkha to meet our prophet saw wen they came they asked the place to pray ... Rasool saw arranged and gave them the plac
They are doing shirk. This is very bad manner.
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