1,486 Maharashtra industrialists want to set up shop in State

They have proposed investments worth Rs. 2,000 crore

December 18, 2014 01:24 pm | Updated 01:24 pm IST - BELAGAVI:

Even as Andhra Pradesh Chief Minister Chandrababu Naidu is trying to woo industrialists from Karnataka, a large number of industrialists from Maharashtra, on Wednesday, showed keen interest in setting up industries in Karnataka.

A delegation of industrialists, mostly from the regions close to the State border, met Chief Minister Siddaramaiah in Belagavi and proposed investments amounting to Rs. 2,000 crore.

According to an official release, the delegation told Mr. Siddaramaiah that 1,486 Maharashtra industrialists were keen on setting-up enterprises in Karnataka. They would require 1,726 acres of land for this. Their investment proposals, if implemented, would generate 20,000 jobs.

Responding positively to their move, Mr. Siddaramaiah appealed to them to set up their enterprises in Belagavi district.

He also assured them that the government would extend full co-operation in the process of setting up their enterprises. A meeting of the officials concerned would also be held soon in Bengaluru, he said.

The release states that the Chief Minister directed Ratnaprabha, Additional Chief Secretary to Commerce and Industries Department, to take measures to facilitate the meeting.

The delegation of industrialists included representatives of Gokula Shiragav Manufacturers’ Association of Kolhapur district, Manufacturers’ Association of Kagalahatakanangale and Shirole Manufacturers’ Association from Kolhapur district.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.