"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"
Chairman of the Unique Identification Authority of India
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Karnataka Udyog Mitra (KUM) is the single and first contact point for all new and existing investors in Karnataka. KUM works on the model of a Single Window Clearance mechanism.
In anticipation of the Global Investors' Meet 2012 and to expedite investment acceptance levels, the Government of Karnataka is inviting Expressions of Interest (EOI) from the prospective investors or interested companies on the projects available in Shelf for Investment and also to understand any new projects that investors might have in mind.
The purpose of signing EOI is to understand the investment requirement and help shape your project requirements with the guidance of KUM's experienced team.
The duly filled and signed form can be hand delivered or send by courier or by an email at the below address:Karnataka Udyog Mitra
Projects with investments between INR 3 to 50 crores (USD 0.65 to 10.89 million), will be cleared by the State Level Single Window Clearance Committee (SLSWCC), chaired by the Principal Secretary, Dept. of Commerce and Industries, Government of Karnataka.
If the investment is above INR 50 crores (USD 10.89 million), it will be cleared by the State High Level Clearance Committee (SHLCC), chaired by the Chief Minister, Govt. of Karnataka.
For projects in SEZs:
Projects with investments between INR 3 to 50 crores (USD 0.65 to 10.89 million) - will be cleared by SLSWCC.
Projects with investments above INR 50 crores (USD 10.89 million) - will be cleared by SHLCC.
For projects in SEZs, clearance is to be obtained from Government of India.