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North Karnataka Estimates the Investments to Stimulate Growth

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Team StartupcityThe Karnataka state Chief Minister, B.S Yediyurappa who served as a leader of opposition in Karnataka Legislative for the three times in the ruling Bharatiya Janata Party (BJP) is planning to set right the regional imbalance in Karnataka, the government is leaning for investments and employment in the southern state's northwest region, said Industries Minister Jagadish Shettar

"We are showcasing the immense potential of the state's northwest region for investments and employment in thousands for balanced growth in the state," he exclaimed

The district has remained progressive over the years as a preceding Bombay Province before

the re-organization of the states on a linguistic basis in the mid-1950s.

"As cities and towns across the state have abundant natural and human resources to meet the needs of the manufacturing, services and agriculture sectors, we are inviting investments beyond Bengaluru, which is saturated and stressed out in terms of infrastructure support," asserted Shettar.

To be hailed off by state Chief Minister B.S. Yediyurappa, the roadshow will be directed by Union Ministers from the state D.V. Sadananda Gowda (Chemicals and Fertilisers), Prahlad Joshi (Coal and Mines) and Suresh Angadi (Railways).

"We have invited about 1,000 industrialists and investors to participate in the meet and sign agreements for setting up new facilities or expand their operations in the region for creating direct and indirect employment and contribute to the socio-economic growth of the state," he informed

The state government has also invited Chinese firms to set up production plants to roll out electric two-wheelers and cars for hard-selling in the region.

It has also 2,500-acres of land bank in Kadechur industrial area in Yadagir in the northern region of the state for setting up manufacturing and agro-processing units in food parks.