Washington DC:
The glimpses of the speech of Chief Minister H D Kumaraswamy in the in investors meet held at USA
• Though I am on the private tour to USA the opportunity is being used to meet the investors here.
• Karnataka is one of the states in India which is in the forefront of the industrialisation. This is one of the favourite destination for the investors. It has succeeded in attracting the investment third time in row.
• Bengaluru is considered as one of the vibrant cities globally. Investor friendly environment, good infrastructure, human resource and inventions are the positive points of this city. The GDP of India is 7.2% but of Karnataka is 10%
• Karnataka accounts for the 50% production of tools and machines, 39% of IT products, 67% of defence related equipment and 33% export of bio-technology in India.
• Government is formulating new industrial policy 2019-24and as per the global standard. The preference is given to the infrastructure, policy and implementation and to make Karnataka a wold class manufacturing and service hub.
• Industrial clusters are being formed in 9 districts of Karnataka for the first time in the country. The production level is being given the preference.
• State has many small scale industries and they are being encouraged.
• We are determined to make Karnataka #1 in the fourth industrial revolution. So the government is inclined to use the modern technology like digitalisation. Karnataka is one among the top five research and development section in the world and 2nd in start-ups.
• Various dignitaries, officials of the Indian embassy, industrialists were present.
