July 2019 \ Business & Investment \ OPPORTUNITIES IN INDIAN STATES
Karnataka woos US businesses

Showcasing Karnataka as a favourite investment ...

“Our government is drafting a new industrial policy for 2019-24 to offer a robust ecosystem to spur economic growth, create jobs and make the state a global manufacturing and services hub,” he told the gathering. Claiming that Karnataka was ranked first in the country to attract investments and Bengaluru rated as the world’s most dynamic city, Mr Kumaraswamy said the state’s growth was due to its pro-active, business-friendly policies, good infrastructure, skilled manpower and ecosystem for nurturing innovation. “Karnataka contributes 50 per cent to the country’s machine tool production, 39 per cent to IT exports, 67 per cent to making aircraft and helicopters for defence services and 33 per cent to biotech exports,” he said.

 




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