Karnataka brought almost 50% of India's total FDI flow in Q1 of current financial year
Op IndiaThe state of Karnataka has attracted Foreign Direct Investments worth Rs 62,085 crore in the first quarter of FY 2022 which is 48% of the total such investments India received during this period. pic.twitter.com/eg2knILqIZ — Murugesh R Nirani September 9, 2021 Over the years Karnataka has become ‘investors’ heaven’ due to several policy reforms’ like the ease of doing business, single window system, the introduction of affidavit-based clearance, central inspection system, and land and labour law reforms among many others. Karnataka Udyog Mitra ranked top among all investment promotion agencies Minister informed that ‘The National Investment Promotion and Facilitation Agency, under the ‘Invest India’ program, has patted Udyoga Mitra for taking proactive steps to create an investor-friendly milieu in Karnataka. It has rated Karnataka Udyoga Mitra as India’s top Investment Promotion Agency while considering the performance of 20 other states. Minister informed that Karnataka Udyoga Mitra scored centum in four out of eight categories namely investment projects, facilitation, aftercare and managing the website.