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
Rahim uchil will angry coz Zakir hussain eating meat and fish. How the seer of matt allowes him to enter the temple.
@ Mr. Truth, Persons link your spoiling real meaning of Hinduism. You are so filthy by your mind
Why mutt entertaining these kind of programs. There are hindu people who can conduct concerts
I am a great fan of you sir. Eagerly waiting for the moment. Hope nobody make unwanted issues there
True. Abu said right thing. Police and organisers should ensure his safety before bringing him
Art has no religion. It needed pure heart to enjoy. Waiting for the concert
Is there anybody to protest against this. I'll join with you. I will provide you some equipments to distract. Inform me ASP
Ahamd Khan, a Muslim folk singer was Murdered by temple Pirest RAMESH SUTHAR in Dantal Village of Rajasthan. The priest Ramesh accused Ahmed Khan of not singing well in the temple, and (Ramesh) failed to possess his god and harness supernatural power.
Hope Ustad Zakir Hussain will not meat the fate of Ahmed Khan, if Pejawar Seer or his devotees fail to impress their diety in Udupi for the fault of Zakir's finger on Tabala.
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