Ratan Tata pitches for investing in Karnataka

BENGALURU: Veteran industrialist Ratan Tata today pitched for investing in Karnataka, saying it is a centre of high technology, including IT and aerospace.

"I am speaking with great past experience, and I have been in the state and have been interacting with the state. Karnataka definitely is one of the major places one should look at in making investments here," Tata, the former chairman of conglomerate Tata Group, said.

Speaking at the inauguration of Invest Karnataka Global Investors' Meet here, Tata said he was not making such a statement on the basis of promises but on the basis of his own experience.

Karnataka still remains a centre of high technology - be it aviation, aerospace, IT, Biotechnology and the electronic industries. "It also has human capital," he added.

The veteran industrialist also said the country had great deal to offer as it was having a huge market and considerable skills and capital.

He also said, "the future of India will depend on future of investments and coordination of business in high technology."