Govt responded quickly to Kayne’s Technologies, says K’taka minister Patil ...Middle East

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Govt responded quickly to Kayne’s Technologies, says K’taka minister Patil
Bengaluru: Karnataka Large and Medium Industries Minister M.B Patil on Friday said that the government had responded quickly to the proposal by Kaynes Technologies India Limited to set up its unit in the state. Earlier, industry expert Mohandas Pai had said that Kaynes Technologies has commenced its Rs 2,800 crore OSAT (Outsourced Semiconductor Assembly and Test) plant construction in Telangana setting aside its earlier plan to set up at Mysuru in Karnataka due to a delay in response by the state government. Patil said that all such industry-related proposals above Rs 500 crore investment need to be approved by the high-level committee headed by the Chief Minister. However, we had approved

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