A progression of developments has prompted communal polarization in Karnataka.
As per The Print report, “numerous IT firms based out of Bengaluru have contacted the Tamil Nadu government, to move their organizations”.
The Print also reported, that inquiries from IT companies have started coming in “in recent times”. But the firms didn’t offer any reason for their plan to shift out of Karnataka.
Tamil Nadu Finance Minister Palanivel Thiagarajan (PTR), said that IT companies were showing “great interest” in the state. And many of them wanted to set up shop in Tamil Nadu. However, Palanivel refused to comment on these companies. Because no one knows if they are coming from Karnataka or elsewhere.
“There is a massive interest, and we are already in the race. There are people actively raising this with us and our government is working on it,” he told. He further said that his state is observing the developments in neighboring Karnataka. And that “every threat is to be taken seriously”.
Although Karnataka is India’s IT HUB. It is home to the world’s fourth-largest technology cluster and has multiple industries in operation. These include automobiles, textiles and garments, biotechnology, agro-industries, and heavy engineering. The state has sector-specific special economic zones for IT, biotechnology, food processing, aerospace, and engineering as well.
While Tamil Nadu is home to multiple industries such as automobiles, hardware, chemicals, food and also textile. There are other industries which want to set up their business in Tamil Nadu now.
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