Karnataka to simplify investment process for business set up

Team Udayavani, Jul 8, 2018, 9:49 AM IST

Bengaluru: Karnataka would rearrange the investment procedure to empower investors set up businesses in different verticals across the state, Chief Minister H.D. Kumaraswamy said on Saturday, July 7. 

“We will probably set up businesses in areas across the state and welcome investments in them. A senior officer will be in charge of disentangling the procedure and avoid investors running around,” Kumaraswamy told an assignment of Confederation of Indian Industry (CII) authorities who approached him at his home office here. 

Driven by Infosys co-founder Kris Gopalakrishnan, the CII assignment welcomed the Chief Minister to unveil their ‘India Innovation Summit’ in the city on July 12, where India Inc will introduce its plans for investment in the southern state.