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Karnataka woos investments from West Bengal
"We welcome investments from industrialists of West Bengal in Karnataka," Minister for large and Small industries Murugesh B Nirani said at the roadshow here today.
He said that Karnataka offered the right investment climate and was one of the top destinations of the country.
Commissioner
of
Industries
of
Karnataka
government
M
Maheshwar
Rao
said
that
IT,
biotechnology
and
aerospace
was
the
three
top
industries
where
the
state
was
on
the
top.
He
said
that
more
than
500
multinationals
operating
out
of
Karnataka
out
of
which
80
belonged
to
the
Fortune
500
list.
Rao
said
that
the
state
has
58
Special
Economic
Zones
creating
more
than
97,000
jobs.
He
said
that
the
state
government
policy
on
land
acquisition
was
to
give
compensation
at
market
rates.
PTI
