Mysore/Mysuru: Karnataka’s New Industrial Policy has aimed at attracting Rs. 5 lakh crore investments that could create employment for 20 lakh people by 2025, said Large and Medium Scale Industries Minister Jagadish Shettar here yesterday.
Releasing the New Industrial Policy 2020-25 handbook here, Shettar said that the State Government has decided to focus more on industrially backward districts, Tier-II and Tier-III cities. Impetus had been given mainly on automobile and spare parts, pharmaceutical, medical and engineering equipment, knowledge-based industries, logistics, renewable energy, aerospace, defence and electric vehicle manufacturing.
