BCIC chosen partner organisation for Global Investors Meet

The Bangalore Chamber of Industry and Commerce has been chosen as the partner organisation by the BJP government in Karnataka to stage its second edition of Global Investors Meet planned for next year to lure investors.

"We have been chosen as partner for the next GIM by the state government. We will work with the government in making the event successful and bring in more investors to the event," BCIC President Vindo Nowal told reporters here.

Nowal, the Director and CEO of Jindal Steel Works, said Karnataka was at the cusp of opportunities to grow and attract more investments in the wake of conducive atmosphere it has.

He wanted government to identify barren land and evolve a mechanism for hassle-free land acquisition for industries.

Nowal said BCIC would hold a dialogue with the government on offering a package of incentives for investors setting up industries in other parts of the state.

The country should move into GST regime and promote more steel industries, he suggested.