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The Hindu
The Hindu
National
Special Correspondent

State to acquire 50,000 acres for industries ahead of Global Investors’ meet

In an effort to allot land in quick time to industrialists who come forward to set up industries, the Government would acquire over 50,000 acres across the State, said Large and Medium Industries Minister Murugesh R. Nirani on Saturday.

Stressing on the importance of land acquisition ahead of the upcoming Global Investors Meet (GIM) in Bengaluru, Mr. Nirani said it was imperative on the part of the Government to acquire land for investors. Bengaluru would host the Global Investors Meet from November 2 to 4 this year.

"We will allot land to industrialists in real quick time and provide world-class facilities, including water, power and roads,” Mr. Nirani said. Emphasizing on taking industries beyond Bengaluru, Mr. Nirani said industries would be promoted in tier 2 and tier 3 cities.

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