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Construction : Web Exclusive | September 2014 | Source : Construction Update

Karnataka new industrial policy aims to garner Rs 5 lakh crore investment in the next five years

Bangalore Chamber of Industry and Commerce (BCIC) has welcomed the new industrial policy of the Karnataka Government. The policy is aimed at giving special thrust to increase contribution of the manufacturing sector to the state GDP to 20 per cent by 2019. It also offers incentives mainly to MSME sectors. The state government aims to attract investment worth Rs 5 lakh crore and create 15 lakh jobs in the next five years.
 
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