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Set up centres to develop nanotechnology, says Karnataka CM

Press Trust of India  |  Bengaluru 

: H D Kumaraswamy Wednesday called upon captains of the industry to set up centres of excellence in and R&D through public-private partnership.

"The state will provide all possible support in turning your dream projects into reality and make the state a favourable destination for the growth of this sunrise industry," Kumaraswamy said while addressing the 10th Bengaluru India Nano Summit here.

He asked the scientists and engineers to also come up with innovative for food security, energy security, water purification, infrastructure, medicine, and as well as combat environmental hazards.

The said nanotech-based solutions for and to improve soil quality should be given priority as these would directly benefit farmers and contribute to increased agricultural production.

He said the state would lead the country in nano revolution as well on the lines of information and biotechnology, he said.

Also, the referred to the department of industrial policy and promotion which said the state had been consistently at the top spot in the country as the most attractive investment destination.

He cited a report of the Union Ministry of Commerce and Industry which said the inflow of foreign direct investments into the state had increased four-fold over the last two years.

The Chief Minister further said the state was leading as one of the top achievers in administrative reforms for ease of doing business, which have improved trade prospects.

He said these positive factors would definitely give a big boost to investment and industrial development in in the years to come.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 05 2018. 19:45 IST