Minister Priyank Kharge said that KHIR City will be the first such centre of knowledge, which will have innovators from healthcare, knowledge and global research centres coming together in one place.
The reconstituted IKF board will work towards promoting the state’s industrial ecosystem and bringing a new perspective to attract investments, the Minister said.
Industries Minister MB Patil and Electronics & IT/BT Minister Priyank Kharge on Wednesday said several US companies have expressed interest to invest around Rs 25,000 crore in Karnataka.
He instructed the office-bearers to deliver on the party’s guarantees to the people, which included implementing four key promises within three months of coming to power.
In its initial phase, 1,000 acres of land will be developed to house a world-class university, a state-of-the-art hospital, and advanced innovation and research facilities.
Claiming that he is not happy with the decision, Patil said that he has asked the officials to study the terms and conditions on which the operation of Mangalore Airport was given to AAI.
The tax collected in industrial estates will be shared between the union (70%) and the respective town municipalities (30%),” he added.
The phone enclosure unit will engage in manufacturing subassembly components for smartphones, specifically mechanical enclosures of iPhones.
Patil said the government is committed to implementing all five guarantees and also probing alleged irregularities during the BJP rule.
Patil stated that in the last four to five years 1,748 cases have been filed against the KIADB and out of which in 712 cases orders have come in favour of the government.
The first green hydrogen cluster in the country would come up in Mangaluru, and the state has attracted commitments worth about Rs 2.8 lakh crore for green hydrogen, Patil said.
However, since “these matters are sensitive, they will be discussed in detail in the party and the government,” he said.
The new government has speeded up the process of the Rs. 13,600 crore project which is expected to create 50,000 jobs.
The chief minister has gotten rid of the two important portfolios as he has to focus on the budget, likely to be presented in the first week of July.