Karnataka ahead in constructive industrial policies: Deshpande

Karnataka, which is rich in talent and skill, should become the hub of employment generation, Minister for Large and Medium Industries and Infrastructure Development R.V. Deshpande has said. In his inaugural address at the two-day India Soft-2018 conclave which began here today he said that “The State is ahead of time and other States of the country in bringing out the constructive and transparent policies regarding emerging sectors of industry. Indian companies will have bright future in the emerging markets of Africa and some other countries. The boon for India and Karnataka is the huge manpower with rich and skilled talent. Including America, no country has this kind of wealth.” The Minister told the gathering of over 400 entrepreneurs and the delegates of more than 60 countries, “Research and innovation are vital for the phenomenal growth of industries. Today Bengaluru has more than 400 well known R & D institutions and automatically it has become the Capital of Innovation also.’’ He asked investors to discuss among themselves before investing and said the State government is available 24X7 to solve the problems of the industrial sector and ready to provide the essential infrastructure. The State had the infrastructure policy by the year 1996 and it has given good results in places like Hubballi-Dharwad, Shivamogga, Kalaburagi, Belagavi and Mysuru. Air connectivity is improving all along the State. Metro rail, peripheral road, flyovers, underpasses and quality roads are coming up in Bengaluru, he added. Minister for Small Scale Industries Geetha Mahadevprasad, Chairman of India Soft Nalin Kohli, ECS Chairman Prasad Garapati, ECS vice-president Sethia, Principal Secretary to IT-BT Departmet Gourav Gupta and others were present on the occasion. Source: The Hindu