K'taka invites US cos to invest in agri biz

K'taka invites US cos to invest in agri biz

 Karnataka Chief Minister Siddaramaiah on Friday urged US companies to invest in the backward and forward linkages of agri business in the state.

Inaugurating the IACC Conclave: Vision 2020 themed, ‘Increasing US India trade to $500 billion,’ here on Friday, Siddaramaiah said, “I invite investments from the US in the backward and forward linkages of agri business, which include mechanisation of farm operations, high yielding seed production, transportation of perishable goods using cold chains, and specially-developed vehicles for taking produce to processing centres and retail outlets, without loss of their quality and texture.”

N R Narayana Murthy said the country needs to ‘discover and invent locally’ to help the Centre’s ambitious ‘Make in India’ scheme become successful. “For the Modi government’s flagship programme to succeed, the country has to invent and discover locally,” Murthy said.
He said that a strong collaboration between the US and Indian academia is needed, which will also lay a strong foundation for India’s solid growth in the long-term.

Murthy said this strategy of India will make it a leader in high-tech products and services in the world.

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