Chief Minister Siddaramaiah has said that Make in India is happening in Karnataka, citing the investments the state has attracted.
Speaking at an event here, the chief minister said: "During the last two years, we have approved more than 450 projects bringing in investments of around Rs.1.21 lakh crore and generating 2.44 lakh employment opportunities, but much more needs to be done."
"Shell, Tata Power SED, Bosch, Scania many others have made investments and capacity expansions. All of them will Make in Karnataka - for India and the world," he said.
Other investments cited by the chief minister include Honda' two wheeler manufacturing plant in Narasapura, Asian Paints paint manufacturing plant in Mysuru, GlaxoSmithKline manufacturing unit, HAL copter unit in Tumkur and Toyota's expanding operations in Hassan.
He said 90 percent of the $500 million worth of components sourced by Air Bus for its aircraft A 330, A 350 and A 380 are supplied by Karnataka based companies.
Siddaramaiah said he entrusted Industries Minister R.V. Deshpande to personally look into the 'ease of doing business' initiative.
"Our focus at all times is to ensure economic growth so as to improve the lives of each and every person in the State. Through Invest Karnataka-2016, we want to convey and reiterate the same message," he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
