Karnataka to set up exclusive platform for US investments

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Karnataka will set up an exclusive platform for American investors, the state government announced on Friday as it seeks to step up its efforts to attract foreign investments in the face of competition from neighbouring states...

The announcement came after US Consul General in Chennai Christopher W Hodges met Chief Minister Siddaramaiah and Industries Minister MB Patil in Bengaluru..

The CM urged him to facilitate more investment flows into his state...

Several US companies were showing interest to invest in Karnataka, the industries minister said at an event organized by the American Chamber of Commerce in Indias Karnataka chapter..

After his meeting with the CM and minister Patil, Hodges said: Excited to be here in Bengaluru and to see optimism and energy in the partnerships here..

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