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Addressing media persons at a press meet here on Friday, Ashok said the CII was in talks with the state government urging it to bring reforms in land, power and water so that the state had an unrestricted flow of investment.
Our national agenda of ‘business to livelihood’ is made not just to bring gains to shareholders but to bring about inclusive growth, affirmative action and empower women in all economic levels. We strive to maintain the same momentum in which India is growing.
We have to face many challenges like the rise in oil prices, slowdown in Japan and West Asia, increase in bank rates in the European Union, which will impact the Indian economy and industry, said Ashok.
The chairman stressed on affirmative action where SC/STs and other backward communities would be roped in to the mainstream industry.
Karnataka is strong in IT/ITES sector and should invest in sunrise sectors like aerospace and agro industries. CII will be submitting a study report on the need for land reforms in the state. Karnataka needs regulation of policies on groundwater and rainwater harvesting.
More energy on demand should be made available. Logistics in the state should also be improved and a single window system for industries should be employed, said Ashok , when asked about what the state had to do to attract investors.
The chairman asked the Mysore zone industries to keep the pressure to speed up track doubling on the Mysore Bangalore railway line. He also said that CII would initiate talks with airline operators to start operations from the Mysore airport.