Deshpande asks KIADB to avoid unnecessary land acquisition

Bengaluru: Minister of Industries R V Deshpande said on Sunday that the KIADB (Karnataka Industrial Area Development Board) must abstain from acquiring land beyond the requirement. A documentary on KIADB’s journey was screened at the event.

Addressing the gathering at the golden jubilee celebrations of KIADB, he asked the Board to guarantee that its choices did not affect others.

“Studies ought to be taken up to evaluate the ideal locations and sites for enterprises and their commitment to employment generation. Authorities should realize what designs and approaches are expected to support existing industrialists and start-ups,” he said.

Chief Minister Siddaramaiah established the foundation stone for the KIADB main office and said the board assumed a critical part in helping the state develop as a best investment destination in the nation.

Infosys author N R Narayana Murthy recalled KIADB’s collaboration in the beginning of his organization. “The organization now works in Bengaluru, Mysuru, Mangaluru and Hubballi and has 800 sections of land from the administration,” he said.

Murthy said Infosys had put Rs 10,000 crore in the state. He said last year’s export remained at Rs 20,000 crore.