‘Karnataka eyeing aerospace, semiconductor industries for investment,’ says Murugesh R Nirani

Karnataka’s Large and Medium Industries Minister Murugesh R Nirani, on Tuesday, said that his government is focusing on attracting aerospace and semiconductor industries to the state.

Since Bengaluru is the IT hub of the country, there is huge potential for the two industries in the state. “We are hoping to get such industries to set up their bases in Karnataka,” the minister said.

Nirani, who was holding a road show for the Global Investors Meet 2022 in the national capital on Tuesday, told reporters that the Karnataka government expected over Rs 5 lakh crore investment in the meet.