Tuesday, October 10, 2006

Industrialists-investors meet next month

Industrialists-investors meet next month
PRESS TRUST OF INDIA

Monday, October 09, 2006 at 1624 hours IST

BANGALORE, OCTOBER 9: The Karnataka government has decided to set up Special Economic Zones in Belgaum and Hubli districts as part of its drive to promote industrial activity in northern parts of the state.

In consonance with the decision to promote industrial growth in North Karnataka region, adopted at the special legislature session held at Belgaum last month, the government has decided to set up SEZ in Belgaum and Hubli, state Minister for Major Industries Katta Subramanya Naidu said.

Several industrialists have come forward to establish units at the multi-product SEZ proposed at Belgaum, which he would be visiting on October 14, Naidu said.

Besides, the government is also planning to organise a meeting of industrialists and investors next month end as part of the Golden Jubilee celebrations of the state's formation.

Preliminary talks on the event has been held with Chief Minister H D Kumaraswamy and Deputy Chief Minister B S Yediyurappa, he told reporters here.

He said on October 17 he would visit Gulbarga to hold talks with industrialists and persuade them to set up more industries.

Biocon, Ashok Leyland and Gokuldas Garments have evinced interest to invest in Shimoga district and representatives of these industries have been called for a meeting there on October 28, he said.