Media Release

Washington, Jul 4: Karnataka chief minister HD Kumaraswamy met investors and other officials at a business meet held here.

Kumaraswamy’s pet project ‘Compete with China’, announced in the budget, hopes to create manufacturing clusters in select districts creating employment while pushing the state into becoming a manufacturing hub.

“Karnataka is now ready for business as never before. We have made doing business easier and smarter by ensuring 98.6 per cent compliance to provisions of Business Reforms Action Plan. We are also undertaking comprehensive reforms to ensure seamless and time-bound processes for project approval, the grant of various statutory permissions, and licences,” CM Kumaraswamy said.

“To attract further investment, job creation, establish global linkages for the state, the ‘Global Investors Meet’ will be organised next year in January. I seek your active participation to make the Global Investors Meet a grand success,” he added.

Dr Arathi Krishna, secretary, Indian Overseas Congress, Puneet Kundal, Embassy of Washington, Rajan Natarajan, deputy secretary, State of Maryland, and others were present.