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Karnataka to hold global investors’ meet

Our Bureau

Bangalore, July 20

Karnataka Government will be organising a global investors’ meet in January.

Coming in the wake of a long gap of absence of a government forcing the State’s growth to stagnation, the meeting is viewed as an appropriate forum to project the competitive strengths and competency of Karnataka’s small-scale industries in the manufacturing and services sectors.

The last time a global investors’ meet was held in the State was in 1999 in Bangalore.

In a statement welcoming the decision, the Karnataka Small Scale Industries Association (KASSIA) has suggested that a national exhibition to highlight the strength of manufacturing should also be organised.

Roundtable meet

KASSIA has urged the government to hold a roundtable conference under the Chief Minister, Mr B.S. Yeddyurappa, to discuss threadbare the issues that needs to be resolved in coordination with various Government departments.

KASSIA has formed an Industrial Infrastructure Cooperative Society to undertake planned expansion, diversification and relocation of industrial units.

KASSIA has requested the government to allocate 1,000 acres to build an integrated developed industrial estate.

More Stories on : Events | Foreign Direct Investment | Karnataka

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