Large and Medium Industries & Basic Infrastructure Minister M.B. Patil on Tuesday said that the government is mulling undertaking exhaustive and comprehensive development of Industrial Estates and then handing them over to the industrial unions for further maintenance.
Karnataka minister MB Patil said on Wednesday that the state government and electronics major Foxconn have signed the Letter of Intent (LOI) for two projects with an estimated investment outlay of Rs 5,000 crore.
Karnataka Ministers MB Patil and Priyanka Kharge held a meeting with iPhone maker Foxconn chairman Young Liu about intended projects for which the company is keen to invest in the state of Karnataka turned out to be fruitful.
Chief Minister Siddaramaiah chaired a meeting with the Foxconn Industrial Internet CEO Brand Cheng and other delegates here on Monday. Industries Minister MB Patil and IT Minister Priyank Kharge too participated in the meeting.
In a Twitter post, the Congress-led Karnataka government’s IT minister Priyank Kharge said, Chief Minister Siddaramaiah and Minister of Commerce and Industries MB Patil have assured Foxconn Industrial Internet of a conducive environment for growth and development in the state.
In this regard, MB Patil took to Twitter and said, "Through Small steps & Big Leaps, Karnataka will stand by its Job Creators. Industries department will look into creating a Platform to enable industries with access to FinTech companies, to “UNLOCK KARNATAKA”(s) manufacturing potential.
"A total of 300 acres will be given to the company in the ITIR spread over Devanahalli and Doddaballapura taluks. The company would invest around Rs 8,500 crore to set up a manufacturing plant. The company can commence construction work immediately after the handing over of the land," Patil
Newly constructed Shivamoga Airport in Karnataka is likely to be operationalised from August 11 and all pending amenities in the Airport would be made available by July 20, state minister for Large Industries and Infrastructure Development, MB Patil, said on Thursday.
Representatives of the leadership team of the company met Minister for Large and Medium Industries MB Patil at Vidhana Sabha on Wednesday and submitted the proposal in this regard.
Karnataka Large and Medium Industries minister MB Patil on Friday termed the state Budget presented by Chief Minister Siddaramaiah as an inclusive one and said that it also exposed the lapses and fiscal indiscipline of the previous BJP's tenure.
"Attended and spoke at the 'Taiwan India Business Association - #TIBA ' conference held in Bangalore today. Karnataka's industry-friendly environment is encouraging for Taiwanese companies, making the state suitable for investment. Taiwan is a global leader in various products. The relations