From Our Special Correspondent
Daijiworld Media Network - Bengaluru
Bengaluru, Sep 10: With more and more States across India competing with each other in attracting investment for industrial projects, Karnataka’s Large and Medium Industries Minister R V Deshpande asked the industrialists and entrepreneurs to carefully examine issues pertaining to infrastructure, human relations and ease of doing business before committing investments.
Speaking at Karnatakas’s Roadshow for the "Invest Karnataka 2015" global summit, in New Delhi on Thursday, Deshpande, who is also in charge of the Tourism Department, said good investor relations was also a key consideration.
The Roadshow was organised jointly by Karnataka Government and the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The minister advised industrialists and entrepreneurs to not merely ask for incentives and concessions but look for factors that will contribute to the growth of the industries.
"Karnataka will assure what it can implement and not make tall promises, we will ensure that those willing to make investments in the state make great fortunes," he said.
The minister also said that he would prefer listening to the industry leaders rather than the bureaucrats while drafting various industrial policies.
He also sought clarity on ‘Make in India,’ mission of the Narendra Modi government.
"We support ‘Make in India,’ it sounds good to ears but still we do not find clarity on it, the government of India should come with clarity on this programme," said Deshpande.
He promised that Karnataka government will extend all support in terms of incentives and concessions to the industry for making investment across sectors.
Deshpande said the State Government was working on a policy to promote start-ups and entrepreneurship in the state.
Besides, the State authorities were consulting various stakeholders and seeking industry’s suggestions as it is working on a new food processing policy.
He also said that investor community in Delhi had pledged investments worth about Rs 2,500 crore in various sectors including agriculture, energy, aerospace and defence and automotive and discussed their proposals to set up operations in Karnataka.
"We have had very encouraging discussions with investors here about starting operations in Karnataka. It is our promise that we will ensure maximum ease of doing business for these companies who together would invest around Rs 2500 crore across sectors including Agriculture, Energy, Aerospace and Defence and Automotive," he said.
ASSOCHAM Past President Anil K Agarwal welcomed. Karnataka’s Special Representative in Delhi Appaji Nadagouda and State Chief Secretary Kaushik Mukherjee addressed the gathering.