A draft of the new industrial policy to develop industries in the second and third tier cities of Karnataka would be presented before the Cabinet in the next 10 days, a state Minister said on Friday.
The Minister for Medium and Large Industries Jagadish Shettar said, "The Governor has approved the Karnataka Industrial Facilitation Amendment Act which was recently approved by the Cabinet."
Such changes would make Karnataka the number-one industry-friendly state in the country, he said while addressing the International MSME Day celebrations organised by the Federation of Karnataka Chamber of Commerce and Industry (FKCCI).
Shettar said the draft industrial policy would