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Global companies line-up investment proposals in Karnataka
Monday, 03 February 2003, 20:30 IST
BANGALORE: A host of global companies from a wide variety of industrial spectrum are firming up their plans to set up operations in India's technology capital.
Firms such as Canada's Bombardier International, Computer Associates and Skoda Exports of Czech Republic are planning to send officials next month for exploring investment opportunities, said Karnataka Chief Minister S.M. Krishna Friday.
"They have short-listed Bangalore and a team would be here to decide on the issue in the next 15 days," Krishna told a news conference here on return from Davos.
The chief minister said top executives of these companies have expressed their intention to set up operations in Bangalore during their discussions with state government officials on the sidelines of the World Economic Forum at Davos.
While IT major Computer Associates plans to set up a product development centre, Sun Microsystems is considering to enhance its investment at its existing centre here, Krishna said.
Bombardier International plans to open a research and development centre and product development centre for aerospace and engineering applications. "A team will visit Bangalore next month to freeze details," said Krishna.
Bombardier is also looking at the possibility of extending its agreement with Sahara India to develop a regional airline system connecting Bellary, Belgaum, Mysore and Mangalore.
Skoda Exports has offered to participate in the 500-megawatt Vijayanagar thermal power plant in Bellary.
Christopher Caine, vice president (government programmes) of IBM has offered to implement "on demand computing capability" for the government. Microsoft's chief technology officer Craig Mundie also met the chief minister.
Krishna also had discussions with other prominent industry persons such as chiefs of GlaxoSmithKline, George Sores Development Fund, Volvo Truck Corporation, Japan External Trade Organisation and Nestle of Switzerland.
Source: IANS
Source: IANS