Home National Karnataka to build industrial townships for MSMEs

Karnataka to build industrial townships for MSMEs

Karnataka would soon set up industrial townships near cities for more micro, small and medium enterprises (MSMEs) in the southern state, said state industries minister Jagadish Shettar on Saturday.

“The proposal to set up industrial townships near cities across the state will soon be placed in the cabinet meeting for approval and implementation,” said Shettar on MSME Day celebration, organized by the Karnataka Small-Scale Industries Association (Kassia) here.

The minister also unveiled the Covid-19 Udyog Sahayavani (helpline) on the occasion.

“I have directed the officials to draft a proposal with a geographical map for setting up the new industrial townships,” added Shettar.

The state government is also simplifying regulations for hassle-free acquisition of land to set up industries and make Karnataka an industry-friendly state.

“MSMEs play a key role in the economic development of the state and the country. They have the spirit of reviving the economy from challenges posed by the Corona crisis, as the central government is encouraging them to spur growth,” asserted Shettar.

The state’s new industrial policy, awaiting the finance department approval, will fix the land cost on a scientific basis for setting up industries in tier-2 and tier-3 cities across the state.

Most Popular

Sushant Singh Rajput’s brilliant one-shot performance

The title track of Dil Bechara perfectly describes the film's title, courtesy Sushant Singh Rajput's brilliant one-shot performance. Sushant's Dil Bechara co-star Sanjana Sanghi...

Lionel Messi will finish his career at the Camp Nou

Former Barcelona defender Giovanni van Bronckhorst told AFP that he hopes Lionel Messi will finish his career at the Camp Nou, as speculation swirls...

Area under kharif crops reaches over 580 lakh Ha as on July 10

The area under Kharif crops reached over 580 lakh hectares as on July 10, as per the sowing coverage data released by the Union...

Most wanted Gangster Vikas Dubey has been killed in an encounter

Exactly 24 hours after his arrest, most wanted gangster Vikas Dubey has been killed in an encounter. This incident took place while Vikas Dubey...
FMIM Ad