Mysore to host investors meet

Mysore will host an 'investors' meet' towards the end of January next. The meet is similar to the one held in Bangalore recently.

This is part of the state government's initiatives to attract investments to Karnataka, said industries minister P G R Sindhia. These investments will lead to stronger industrial growth and generate jobs, he added.

After Bangalore, it will be Mysore, Hubli, Mangalore and Hospet that will the next growth centres, he said.

Highlighting the 'cluster' approach towards the development of industries in the state, Sindhia said that Dakshina Kannada and the coastal belt have witnessed investments to the tune of Rs 25,000 crore from ONGC.

Ispat, a steel major, is setting up its Rs 6,000 crore steel plant in North Karnataka. Bangalore is the IT capital and continues to enjoy growth in the sector.

Kodagu will be the cluster for honey production as the commodity has global demand, he said. Granite from Chamarajanagar will cater to the development of that region.

Tourism in Mysore and Hassan will see a surge as full-fledged airports will be built in 2005. The government will concentrate on small scale industries in Kolar, he said.

Four software companies are interested in setting up centres in Mysore. The government will acquire 100 acres of land for IT development here, he added.

Hearing the woes of the Hebbal Industries Association at the Kaigarika Adalat on November 28, the minister promised that the government will take steps to acquire 200 acres of land soon. Only 30 acres of land is available currently in the Hebbal Industrial Area, he said.