Karnataka urges Centre to create GIFT City, fast-track approvals

Priyank Kharge highlighted that Karnataka has a vibrant economy with IT, BT, aerospace, automotive, textiles, and heavy industries forming the cream of the investment pie.

BySouth First Desk

Published Jun 29, 2024 | 7:00 PMUpdatedJun 29, 2024 | 7:00 PM

Priyank Kharge with Siddaramaiah

The Karnataka government on Friday, 28 June, made a strong pitch for establishing a dedicated Central Business District— modelled on the lines of Gujarat’s GIFT City on the Sabarmati banks in Ahmedabad —in the state, besides seeking faster clearance for multiple projects across sectors. The Central Business District is expected to act as a global financial and IT hub.

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