Karnataka would set up three National Investment Manufacturing Zones (NIMZ) across the state to become a preferred location for new industries, Chief Minister Siddaramaiah said.
"The central government has granted approval for setting up a NIMZ on about 12,000 acres of land near Tumkur. We are also trying to get approval for two more NIMZs at Gulbarga and Kolar," Siddaramaiah told captains of industry at an interactive session here.
Tumkur is about 70-km from Bangalore, while Gulbarga and Kolar are about 650 km and about 100 km from the state capital.
The NIMZ are being set up across the state to increase the sectoral share of manufacturing in the Gross Domestic Product (GDP) to 25 per cent over the next decade and generate 100 million more jobs in the sector through an annual growth rate of 12-14 per cent as envisaged in the national manufacturing police of the central government.
