Large and Medium Industries Minister Murugesh Nirani said here on Wednesday that Karnataka attracted foreign direct investment (FDI) of ₹62,085 crore in the first quarter of FY 2022, capturing 48% of the total such investment received by the country during the period. have done. .
“Karnataka became the top recipient of FDI in India in April-June. The state received ₹30,746 crore in FDI in the entire 2019-20 financial year and stood third in 2020-21 by attracting ₹56,884 crore,” the minister said.
Shri Nirani said that Karnataka Udyog Mitra, a single window organization for investment, has emerged as the top investment promotion agency of the country. “Its role in providing clear information like opportunities, processes and required facilities to the investors was very important. We have removed hurdles for investors by easing several policies, and provided necessary support to start the industry,” he said.
notice to allottees
Addressing the presspersons, Mr. Nirani said that the department was planning to issue notices to the beneficiaries who were allotted KIADB land for something, but were used for something else.
“In the next 15 days, we are planning to issue notices and seek clarifications from the allottees as to why the land was not used for this purpose. There have been many complaints against individuals and companies that the land has been kept vacant,” he said.
.