Karnatak Chamber of Commerce and Industry (KCCI) has urged Chief Minister Siddaramaiah to announce incentives to get the Arcellor Mittal- SAIL joint venture established in Dharwad.
Addressing presspersons here along with other office bearers Siddeshwar Kammar, Ramesh Patil and K.D. Kotekar, president of KCCI Vasant Ladawa said that KCCI had already initiated a correspondence in this regard with the consultants for the joint venture and urged the State government to take it forward.
Mr. Ladawa said that Steel giant ArcelorMittal and the Steel Authority of India (SAIL) had signed a Memorandum of Understanding (MOU) on May 22, 2015 in London for establishing an Automotive Steel Manufacturing Facility under a joint venture.
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“The project requires contiguous piece of area of 250 to 300 acres, which should be in the vicinity of automotive cluster. A good road, rail and port connectivity, civic infrastructure are some of the other major requirements. After getting the confirmation by Development Commissioner of KIADB, Dharwad, we have communicated to the consultants about the availability of the requisite land at Mummigatti village near the Belur Indutrial Growh Centre on National Highway No. 4.,” Mr Ladawa said at the conference.
He said that a KCCI delegation met Chief Minister Siddaramaiah and District-in-charge Minister Dinesh Gundurao in Bengaluru on June 24 to apprise them of the matter.