“If the companies wish to establish their operations in Bengaluru, we are ready to provide all facilities to realise the investments,” the Minister said. Speaking at a meeting with the representatives of industries here, Mr. Shettar said many top multinational companies are learnt to have resolved to move away from China and they might see India as a new investment destination. “In that case, if they wish to establish their operations in Karnataka, our government is ready to provide all facilities. In the next five to six months, industrial development was expected to get a new stimulus, the Minister said. Reiterating the State government’s interest to develop Tier-2 cities industrially with Bengaluru already under pressure and getting choked, he said the city that comes to our mind for investment after Bengaluru is Mysuru.

Source: The Hindu May 08, 2020 11:33 UTC