From Our Special Correspondent
Daijiworld Media Network - Bengaluru
Bengaluru, Mar 30: Deputy chief minister, Dr C N Ashwath Narayana, who also holds the Higher Education as well as Electronics, IT/BT portfolios, called upon American businessmen and industry players to open up their activities in Karnataka by availing the supportive measures which exist in the state.
Dr Narayana, who is on a Kerala tour as co-election in-charge, participated virtually in the 'Destination India: Karnataka showcase event organized by the US – India Strategic Partnership Forum' and addressed the programme during the occasion on Tuesday.
In 2019, overall US-India bilateral trade in goods and services reached $149 billion. The strong people-to-people ties between our countries, reflected in a four-million-strong Indian American diaspora, are a tremendous source of strength for the partnership, he pointed out.
The deputy chief minister said, “The Government of Karnataka is providing attractive incentives to the industries and has rolled out sector-specific policies for Information Technology, Biotechnology, Electronics System Design and Manufacturing (ESDM) and Animation, Visual Effects, Gaming and Comics (AVGC)."
The state government has recently formulated a policy specifically to promote and incentivize Research and Development across the state - The Engineering Research and Development Policy - with the objective of making the state a ‘Destination of Choice’ for ER&D in the country.”
Dr Ramana Reddy, additional chief secretary, explained the details of the incentives offered under state policies and said the state government was undertaking initiatives in line with achieving the vision set by the prime minister to make India reach the 5 trillion dollar economy.
Dr T V Nagendra Prasad, consul-general of India San Francisco, Jay Vijayan, CEO of Tekion Corp, Rajesh Naik, deputy consul general of CGI San Francisco, John Chambers, chairman division, of US-India Strategic Partnership Forum, Dipty Desai, head of West Coast Division, US-India Strategic Partnership Forum were present.