An Investor Interaction Meeting was held today with the Investors from Kolhapur, Maharashtra at Belagavi under the chairmanship of Shri. Jagadish Shettar, Hon’ble Minister for Large and Medium Scale Industries. The Hon’ble Minister was accompanied by Principal Secretary to Government, Commerce and Industries Department, Commissioner for Industrial Development and Sr. officials of Industries and Commerce Department.
Principal Secretary, Shri Gaurav Gupta, in his opening remarks accorded a warm welcome to the investors and made a presentation highlighting the State’s congenial investment environment. He deliberated on the reforms which had made the business environment even more conducive for attracting and absorbing new investments across many sectors.He also highlighted the key strengths and achievements of Karnataka across sectors viz. Auto, Auto components and Electrical Vehicles; Precision Engineering, Machine Tools and Foundry and Textile and Apparels and presented an overview of the industrial infrastructure readiness of Belagavi district. He stated, “Our focus includes bringing our industrial infrastructure, policies and practices to best global standards and to make Karnataka a Global Manufacturing Hub”.
Several Industry Associations such as IchalKaranji Engineering Association; Utkarsh Udyojak Samstha; Kolhapur Engineering Association; Shiroli Manufacturers Association; Manufacturers Association of Kagal – Hatkalangale; Gokul Shirgaon Manufacturers Association and Shri Lakshmi Industrial Manufacturers Association gave their memorandums or representations for establishing industry in Belagavi district.
In the focus group meeting with the investors, Hon’ble Minister for Large & Medium Industries stated,“A modern New Industrial Policy will be rolled out soon and priority will be given for setting up of guidelines for industrial land allotment and price fixation and improving the functioning of single window system to give clearance to set up industries”.
One to One meeting with investors was conducted was in a total investment of Rs. 570 crores in Belagavi district is committed from viz. M/s. Indo Count Industries Ltd., Mumbai; M/s. Godavari Biorefineries Ltd., Mumbai;. M/s. Jina Special Steel Works Private Limited, Belagavi; M/s. Kwality Animal Feeds Private Limited, Belagavi; M/s. Vijay ShantriAgro Tech Export, Belagavi; M/s. Ashok Iron Works Private Limited, Belagavi and M/s. Shree Anand Life Sciences Limited, Belagavi.