MB Patil is the Minister for the Development of Large and Middle Industry and Infrastructure. | Photo Credit: File Photos
The Minister of the Great and Middle Industry and Infrastructure Development, MB Patil, said that in the framework of revised industrial policy, the sectors would require 55% of Kannadigas in Group A and B categories, while 75% of Group C and D categories.
On Monday, he spoke to Perspersons in Dharwad, Mr. Patil said that the industrial industry accepted these conditions and the state government stated the eyes to create more jobs for the locals.
The Minister said that recent global investors (GIM) resulted in investment proposals worth 10 lakh crore, he said that he expected at least 70% of the proposals.
The Minister said that in accordance with the Beyond Bengalur initiative with the development of Tier-2 and Tier-3, 75% of designs are aimed at finding land outside Bengalur and 40% of them focus on the North Karnataka.
Asking the FMCG cluster in Hubball-Dharwad, which is in Limbo, the Minister admitted that there was an increase in land prices and explained that the government had no direct checks over it.
Mr. Patil said that several farmers whose land is identified for acquisitions turned to the courts looking for higher compensation and, on the basis of court decisions, the Council for the Development of Industrial Areas in Karnataka (KIADB) completed the level of compensation.
However, he explained that, despite the challenges, the Ministry regularly affects FMCG.
Mr. Patil, emphasized the establishment of the Nidac plant in the Belur industrial area in Dharwad, built at the estimated cost of 600 CRORE 600 GBP, he said that the plant is expected to create 800 direct and 900 indirect jobs. He also said that the company has plans for expansion and set the goal of creating more than 4,000 jobs in the next two years.
Published – 2 June 2025 17:57
