Karnataka offers sector-specific incentives for investors

Mumbai, Oct 19 (PTI) The industries department of Karnataka, which is holding a global investor summit early next month, has met representatives of 17 companies, including L&T, Mahindra, Hinduja Group, as part of a roadshow and offered them sector-specific incentives.

The state is expecting over Rs 5 lakh crore investments from the summit and has set a target of generating 5 lakh jobs through this.

"We've met top officials of 17 large companies on the sidelines of the roadshow for the global investor summit which is being held November 2-4 in Bengaluru, E V Ramana Reddy, additional chief secretary for industry and commerce, told PTI here.