Invest Karnataka summit: Big ticket investments yet to take off - Livemint
Page 2- Global Investors Meet | Invest Karnataka Karnataka. Ahead of the Global Investors' Meet in Bangalore in June, Nirani led a delegation to .. but in the land or to avail tax benefits offered by the government. At day two of the 'Invest Karnataka ', Global Investors Meet, Kamal Bali, MD of Volvo Group had established its 'Group Truck' factory in Bengaluru in and Reduce tax-related compliances by facilitating introduction of goods and. "I am hosting (first-ever) global investor meet by July-end (in the state to focus on During the financial year , the energy demand has.
Economic power shift from west to east.
TN govt implements 62 MoUs signed during Global Investors Meet | Business Standard News
Changing relationships between us and the planet. Kamal ended his session with some proposals that could make Karnataka an unmatched global destination.MC Abbas @ Invest Karnataka 2016 - Global Investors Meet
Ease labour laws and related compliances to promote a spirit of fairness in employment generation, productivity and sustainability. Augment infrastructure availability by decongesting roads, improving infrastructure of airports and sectors like power and sanitation.
Reduce tax-related compliances by facilitating introduction of goods and services tax GST and simplifying transfer pricing TP. Enabling skill development through better public-private partnerships and improving effectiveness of single-window clearance. Water is our biggest resource than tourism and agriculture.
I am sincere to bring major changes in this sector," Sharma said. Various reforms are underway at the level of the state government and the Centre for making the power sector more efficient and more competitive. While there is some progress, but the power shortage continues to haunt the state and is a major constraint for the development of the industry, he added.
A total of 3, The biggest problem is on the distribution front as Aggregate Technical and Commercial AT-C losses of the state are on the higher side. The main reasons for such high losses are technical as well as commercial. The first edition of GIM had laid emphasis on attracting investment in core sectors like power, steel, cement in the region.
But, none of their projects has taken shape in the last two years. Moreover, Arcelor Mittal has dropped the idea of investing in this region due to strict regulations on iron ore mining and Posco has not been provided any land by the government.
J&K to host first-ever 'global investor meet' on hydro-power in July - The Economic Times
According to government estimate, this edition of GIM is going to get investment proposal to the tune of Rs 5 lakh crore. This estimate does not look achievable in the prevailing political situation.
Industry minister Murugesh Nirani has himself conceded that prevailing political uncertainty in the state will have a negative impact on GIM But, the company has not got the possession of land. Picture is not clear in the state as far as new investment is concerned," said Mr Javali.
Industrialist Madan Desai told ET, "The government's approach toward sanctioning projects is quite discouraging.