Large and Medium Industries Minister Murugesh R. Nirani said that 1,000 acres of land will be acquired in Kalaburagi for setting up of an industrial hub.
After unfurling the tricolour and inspecting the 75th Independence Day parade at the District Armed reserve Police grounds in Kalaburagi on Monday, Mr. Nirani said that the State government would acquire 1,000 acres of land near Kalaburagi airport on the outskirts of the city to create infrastructure for boasting industrial growth.
Sharing his vision for the State’s industrial growth, Mr. Nirani said that the with State government’s industrial-friendly policies in order to create a conducive atmosphere for investors and attract Foreign Direct Investments (FDI), nearly 42% of FDI into the country is from Karnataka. In the IT-BT sector, Karnataka is in the top position, and it is known as Silicon Valley of India, he added.
