About Karnataka
 

Share
Home > Karnataka > Investor's Perception

Video Gallery

Events Gallery

Set a Reminder
Click here to sync
to your Calendar



Investor's perception

"Our team had a constructive and positive meeting in response to an invitation from the Karnataka Government. Karnataka is one of the most progressive states in India and therefore is an ideal place to build a world class steel plant. The State Government understands that India will continue to have a growing demand for steel and is keen to participate in this growth potential. We look forward to working closely with the state government, as the project progresses. It will be an honour for ArcelorMittal to be a part of Karnataka's industrial development."

L.N. Mittal
Chairman and CEO of Arcelor Mittal


"Karnataka has a large pool of talented resources, lots of engineering colleges and is among the first states in the country to have a dedicated IT and BPO policy"

Nandan Nilekani
Chairman of the Unique Identification Authority of India


"Karnataka to me really stands for leadership when it comes to industry and industrial investments"

Dr. Kiran Mazumdar Shaw
Chairman and Managing Director, Biocon India Limited


"The state has the right type of ambience. It has integrated fully with the global economy, technology and liberalisation, truly making Karnataka the 21st century state of this country".

Dr. K Kasturirangan
Member of Planning Commission of the Government of India and former Chairman of ISRO.


"The Tata Group has a long history of doing business in Karnataka. This has been in various forms, when I started at the group and got more involved in businesses that are here, I found it was a very attractive place to invest."

Mr. Ratan Tata
Chairman, TATA GROUP


"The Chief Minister and the administration really want to bring in more industries and investments. They are really serious about it."

Mr. Shashi Ruia
Chairman ESSAR Group


"The political environment is stable; the Government in power is stable, obviously are forward thinking and have a sound economic mindset. I have of course got a biased opinion about Karnataka, this is my state, and I have always found it easy to do busi-ness here. It is a repository of great knowledge and learning, people are docile, and they want to work. The congenial atmosphere here is something that industrialists and investors look forward to."

Dr.Vijay Mallya
Chairman, UB Group


"We have been very happy with the progress of our projects in Karnataka. They are on going projects especially property development projects. Our poultry processing plant outside Bangalore will, when it is expanded very soon, be the largest poultry processing plant in the country. We found the experience of working in Karnataka very positive. And we would like to expand our presence in Karnataka."

Mr. Adi Godrej
Chairman, Godrej Industries Ltd.


"We have been old hands in the state of Karnataka. We have a plant in Mysore making cables and optic fiber cables. We have got a whole lot of food chains which are now rechristened as Spencer's, and we have also started a bakery chain with our first outlet in Bangalore called 'Au Bon Pain’' So we have been in Karnataka for a long time and we have really enjoyed being there."

Mr. Harsh Goenka
RPG Enterprises


"When we came to Karnataka, our decision was largely based on the ability to find skilled manpower. Karnataka is quite unique from that perspective. I mean clearly the IT industry and its growth in the mid 90's, have largely been on account of that. So I think the founding fathers of Karnataka put a lot of emphasis on education. We realized that we didn't have to be in Bangalore necessarily to find that. We were able to find that in a place like Hospet. So I think that’s the key. I think Karnataka has really lot of entrepreneurs largely because of the availability of the skills at reasonable cost."

Mr. Baba Kalyani
Chairman & Managing Director, Bharat Forge Ltd.


"In our experience as large investors in the state, the Government's progressive attitude towards infrastructure, health and education coupled with a very strong industrial base has powered Karnataka."

Mr. Kumaramangalam Birla
Chairman, Aditya Birla Group


"We are very satisfied with our experience. We have a very heavy concentration in Bangalore, and we are trying to diversify that presence into Mysore."

Mr. Azim Premji
Chairman, Wipro Ltd.


"Investing in Karnataka, and investing in information technology, I believe is a smart thing to do for any organization that wishes to remain ahead of the curve in a competitive, changing business environment."

Mr. Kris Gopalakrishnan
CEO & MD, Infosys Technologies


"Nestle has been up right here in Nanjangudu in Mysore since 1988. And we are very positive about all of our experience so far to the extent that we have garnered world wide reputation. Being one of the high performing operations, due to the availability of resources especially of trained & skilled people, enable us to run a successful business operation in Karnataka."

Mr. Christian Schimd
Nestle India Pvt.Ltd.


"The industry, the people, the bureaucracy and the political setup – everybody works together to develop the state."

Mr. Sajjan Jindal
Managing Director, Jindal Steels Ltd.


"Ever since we got here in 1987 by the acquisition of Vikrant, we have done very well, we have grown over the years and our experience with the Government of Karnataka has been healthy. We have more than Rs.1000 crores of investment here and we are putting up another 500 crores in the next year and a half. We have been doing well, and you might be interested to know, in Mysore, we have India's largest truck-bus radial plant, with state of the art facilities. We as JK Tyre account for more than 75% of the truck-bus radial production of India so far."

Mr. Raghupathy Singhania
Vice Chairman & Managing Director, JK Tyre & Industries


"What is interesting and also really motivating is the fact that not even 9 months after the decision was made to invest in Karnataka, we had an operational factory. I have been to many places in the world and I can only say that it is quite unique to see this pace, the collaboration of the Government in getting the permissions and having the talent and people to do it. This is just an example and its this motivation for Nestle India and for me personally to continue on that path with the Government of Karnataka."

Mr. Paul Bulcke
CEO, Nestle India Pvt. Ltd.


"Karnataka has a very good history of manufacturing and has got enormous potential. It is closer to the consuming centers, very good rail, road networks. So Karnataka is very well positioned to grow in the manufacturing space."

Mr. Venu Srinivasan
Chairman, TVS Motor Company Ltd.