Karnataka only state with 3 major national industrial corridors: Nirani

From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Sep 23: Hailing Karnataka as the best place for global investors, Large and Medium Industries Minister Murugesh Nirani on Thursday said the State will be the only state in India to have three major Industrial Corridors.

The minister was speaking at a programme organised by the KIADB as part of Azadi Ka Amrit Mahotsav (platinum jubilee celebrations of Independence) in Bengaluru.

Highlighting the thriving business ecosystem in the State, Nirani said Karnataka offers excellent investment opportunities.

“Karnataka will be the only state in India to have three major Industrial Corridors connecting Bengaluru with three metropolises of India. The three Industrial Corridors; Chennai-Bangalore Industrial Corridor (CBIC), Bangalore-Mumbai Economic Corridor (BMEC) and Hyderabad-Bangalore Industrial Corridor (HBIC) are being developed by the National Industrial Corridor Development Corporation Ltd. (NICDC). And implementation of CBIC is gaining momentum. Our Government will take necessary measures to make sure that CBIC will be a great success story for Karnataka and the nation,” Nirani said.

Explaining the State’s dominant position in the industrial sector, Nirani said successive governments strived to make Karnataka no.1 investor-friendly state in India.

“Karnataka has become a preferred destination for leading businesses as it provides a cost competitive manufacturing environment. With 7.09 % GSDP during the last decade Karnataka is emerging as the 4th largest economy in India and per capita income is 5th highest among other states. It is the 8th largest state by population comprising 31 districts that offer choices for focused investments. We are in the 4th spot in terms of skilled workforce and now we have reached the pinnacle of attaining No. 1 position in terms of attracting FDIs n India for Q1, FY 2021-22,”the minister said.

The minister said Karnataka has emerged as a knowledge hub of India in the last 50 years and home to more than 400 Research & Development centres.

“It is a proud journey of 75 years for us wherein more than 700 MNCs including majority of the global Fortune 500 Companies have chosen Karnataka as their major investment area concentrating around Bengaluru, making it 4th largest Technology Cluster in the world. And highest employment opportunities are also created in the state,” Nirani added.

Pointing out Karnataka’s role in nation building, the minister said the state played a pivotal role in taking the country on the path of development.

“Karnataka’s participation in the Independence movement is well recorded in history and during the last 75 years, the state’s contribution to the nation’s overall development is exemplary. Karnataka has always been a pioneering State, be it land reforms, Panchayati Raj reforms, industrial policies, innovation and various other public policies that have opened the doors for investments in knowledge and skill-based industries,” Nirani explained.






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Comment on this article

  • Jossey Saldanha, Thane

    Fri, Sep 24 2021

    Because of such remarks many think Karnataka is a land of Idiots ... ...

    DisAgree Agree [1] Reply Report Abuse

  • Vishwadeepak, Mangalore/dxb

    Fri, Sep 24 2021

    If Ramkrishna hegde and SM Krishna were not made the path..thumtho jakk hi marthe...

    DisAgree [1] Agree [6] Reply Report Abuse

  • Sharath, Manglore

    Thu, Sep 23 2021

    Congress ruled Uttar pradesh for 30 years. And we have the results to see.

    DisAgree [2] Agree [2] Reply Report Abuse

  • Sp, Mangalore

    Thu, Sep 23 2021

    All of karnataka's trade through ports takes place through chennai port. The shiradi ghat highway in dakshina kannada is hardly in progress.

    DisAgree Agree [9] Reply Report Abuse

  • Veer, Nagpur

    Thu, Sep 23 2021

    What he is measuring roads to different destinations from Bangalore????????FYI, all the business infrastructures of the country were developed over the years by congress. Don’t try to put your own label on them to misguide people. You can not even handle the economy, law and order and covid situation, industrial corridors are far away idea in your DNA. You can only talk about it, doing it is not in you.

    DisAgree [3] Agree [10] Reply Report Abuse

  • Ajay Rebello, Kallianpur

    Thu, Sep 23 2021

    Just can't understand why Udupi is RURAL and dk has only ONE big industrial plant.

    DisAgree Agree [10] Reply Report Abuse

  • Joe, Mangalore

    Thu, Sep 23 2021

    Because we have always elected useless leaders as our MP and MLA who filled their pockets and became rich but did not bring any development to our districts.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Jossey Saldanha, Thane

    Fri, Sep 24 2021

    Useless Leaders like Nalin & Shobha ...

    DisAgree Agree Reply Report Abuse

  • Jossey Saldanha, Thane

    Thu, Sep 23 2021

    Modi says Uttar Pradesh is Number One ...

    DisAgree [3] Agree [9] Reply Report Abuse

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