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INVEST KARNATAKA 2016 | 3 MUST KNOW FACTS

January 24, 2022by admin0

Finance Minister Arun Jaitley, will inaugurate ‘Invest Karnataka 2016’ on 3-02-2016. Industries Minister R V Deshpande, would be chairing this 3 day marathon event. Like the yesteryears ‘Invest Karnataka 2016’ is focusing on delivering prosperity with keen policy steps which accelerate deployment of smart, green, innovative technologies and processes.

# Fact 1

A big delegations France, Germany, UK, Italy, Sweden, Japan and South Korea is attending .Ratan Tata, Baba Kalyani , Gautam Adani, Kumar Mangalam Birla, Anil D Ambani , Uday Kotak, N R Narayana Murthy, Sajjan Jindal would be gracing the dias.

The meet strives to forge sustainable partnerships for comprehensive socio-economic development.

# Fact 2

Key Session include:

Sectoral sessions

Partner country / State sessions

Business 2 Business/Business 2 Government networking opportunity

Expo

Invest Karnataka Fest 2016

# Fact 3

Karnataka is developing a conducive ecosystem with: ‘supportive industrial policy and taxation norms, investor protection and easy land acquisition terms’.

Karnataka had recently startup policy 2016 to support Startup activity in the state. The policy envisions to create a world class startup hub that encourages research and development.

The policy framework goes along the lines of ‘Startup India Action Plan’ it will have incubators, funds of funds and stress on idea stage. The state has already transferred 13,000 acres to Karnataka Industrial Area Development Board. And 26,268 acres land bank has already created.

Karnataka expects to attract 2.60 lakh crore investment from this edition of Karnataka Investment Festival. The state policies are geared towards achieving 12% industrial growth in the next year.

Explore Invest Karnataka 2016

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