K'tka to hold Global Investors Meet from January 15

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Bangalore, Sept 22 (UNI) Karnataka Large and Medium Industries Minister Murugesh Nirani today said State Government, as part of its preparation for the two-day Global Investors' Meet from January 15 to attract about Rs two lakh crore of investment into the State, has planned to create a land bank at each district for the development of industries.

Talking to newsperson here, Mr Nirani said the Government would identify lands from 2000 acres to 10,000 acres in each district, ahead of the Meet.

The Minister said the Government would create investor-friendly atmosphere and a provide facilities for investors in the state.

Stating that this is the first such Meet after a gap of eight years, Mr Nirani said that his department would give a boost to the new industrial policy in the State.

He said the government also planned to develop industrial corridors in 100 km on both sides of National Highways between the city and Belgaum, as the major one in the next five years.

The Government also planned to create Special Industial Zones(SIZ) like steel, cement, food, IT and BT, automoible zone and apparel, depending on the availabilitiy of raw materials across the state, he added.

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