Investor


Investor

With its vast and diverse resources, Karnataka has opened up enormous opportunities for investors around the world. The Karnataka government will provide a good legal system, efficient skilled manpower, and transport connectivity that will facilitate foreign direct investment in the state.


Karnataka is one of the top five industrialized states in the country and Karnataka is the largest and expanding market system in the country.


“Karnataka Udyoga Mitra (KUM)” is working as a nodal agency to facilitate investment in the state and is the sole contact centre for all investment-related information. The role of the “Karnataka Udyoga Mitra” (KUM) is to facilitate and implement initiatives from the investment proposal stage to the implementation of the project.


For investments more than Rs 15 crores and not exceeding Rs 499 crores would be approved by the state-level unilateral consent committee and for investments exceeding over Rs 500 crores, proposals are approved by state high-level consent committees.


To develop the commerce industry “Karnataka Entrepreneur Policy 2015- 2020” has been implemented to facilitate Karnataka Entrepreneurship. Many entrepreneur funds have been set up and their corpus is Rs. 300 crores.


“I-4 policy” has been implemented to encourage investments in knowledge-based industries such as information technology. "K-Bits" has been designated as the nodal agency for information on these related investments. For investments below Rs.99 crores would be approved by the state-level unilateral consent committee and for investments exceeding over Rs 100 crores, proposals are examined and approved by state high-level consent committees.


The reasons for and opportunities for investing in Karnataka are the Gross Domestic Product of the State is more than 7%. Karnataka is the fourth largest foreign direct investment in India and Karnataka is the state with the most diversity of life in the country. There is a high degree of globalization in the export trade. Karnataka is the fourth largest "Global Technology Cluster": MIT has 90,000 acres of” land bank” available and 40,000 acres of land has been identified for industrial developments. Excellent and Skilled Human Resources. Karnataka State is a pioneer in formulating industry-friendly policies with its excellent and skilled human resources.


The reasons for and opportunities for investing in Karnataka are the Gross Domestic Product of the State is more than 7%. Karnataka is the fourth largest foreign direct investment in India and Karnataka is the state with the most diversity of life in the country. There is a high degree of globalization in the export trade. Karnataka is the fourth largest "Global Technology Cluster": MIT has 90,000 acres of” land bank” available and 40,000 acres of land has been identified for industrial developments. Excellent and Skilled Human Resources. Karnataka State is a pioneer in formulating industry-friendly policies with its excellent and skilled human resources.


Bangalore is the ideal place for people looking for job opportunities and to settle down. “Karnataka Udyoga Mitra (KUM)” has been set up as a nodal agency to facilitate investment in the state and is the sole contact centre for all investment-related information.

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