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Investors meet to be organised next month: MLA

Investors meet to be organised next month: MLA

Mangalore Today News Network

Mangaluru, Oct 19, 2016: J.R. Lobo, MLA, Mangaluru City South, instructed the district administration to organise an investors meet in the city next month. At a meeting in the office of the Deputy Commissioner, the MLA said that the meeting should ensure the participation of at least 25 big companies. Senior level officials of the government and Information Technology and Biotechnology Minister should be invited, he said.

MLA. Lobo said that Mangaluru has all the facilities required for the growth of IT industries. Normally investors meets lay stress on investing in Bengaluru and its surroundings. Instead of focusing only on Bengaluru, the investors should be prompted to invest in tier II cities as Bengaluru has reached the saturation level.

DK DC Dr. K.G. Jagadeesha suggested that a meeting in Bengaluru could be convened to apprise the investors of the facilities in Mangaluru. Detailed documentation and arrangements could be done for the purpose. MLAs and Ministers could attend the meeting, he said.

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Comments on this Article
Jnanesh Kadali, Mandya Wed, October-19-2016, 12:01
When we take a topic and discuss in groups new innovative ideas come up. Everyone has their own way of thinking which will help to promote a good economical growth.
Ashrith Rao, Bengaluru Tue, October-18-2016, 11:58
We are standing where we are? Crimes, bandhs ,Communal riots etc scares the investors to set up business in DK. We have to organize such get together’s where we come to know about .
Gangadhar B, Udupi Tue, October-18-2016, 11:44
The investors get back to invest the capital as the cost of living and life style of still haven’t change much .
Rashmi Santhosh, Mangluru Tue, October-18-2016, 11:39
Our district is economically not progresses much . As the communalism is at large which hinders the people from other places to set up business .
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