Karnataka woos Japanese firms with special incentives for electronics manufacturing

Bengaluru, Nov 2 (UNI) Karnataka is stepping up its efforts to attract Japanese manufacturers with a special incentive package for electronics production, offering subsidies on plant, machinery and land, turnover-linked incentives and power tariff concessions, as the state seeks to emerge as a major destination for global technology and manufacturing investments. Dr S. Selvakumar, Principal Secretary, Commerce and Industries Department, Government of Karnataka, on Monday pitched the state's industrial ecosystem to Japanese businesses, highlighting its semiconductor capabilities, skilled workforce, research infrastructure and investor-friendly policies as key advantages for setting up manufacturing facilities and forging technology partnerships. Addressing the India-Japan Business…