In the past one year, the State government has taken a number of policy decisions to woo investors, but the lack of a proactive approach by the bureaucracy still seems to be a concern.
A defence components manufacturing company that provides high-end cutting tools to many projects, including Hindustan Aeronautics Limited’s (HAL) Light Combat Aircraft (LCA) project, has applied for a small plot in Nelamangala Industrial Estate to establish its manufacturing unit, and is waiting since 2018.
“We have been waiting for the allotment for the past two years,” said ADD Engineering Components (India) Private Limited Director Girish Linganna.
“We have received several communications from neighbouring state Andhra Pradesh, inviting us to establish our facility there, but are keen on having it in Karnataka. Unfortunately, we are not getting the required support from the authorities,” he said.
ADD Engineering Components (India) Private Limited is a subsidiary of ADD Engineering GMBH, Germany, and its application is pending with the Karnataka Small Scale industrial Development Corporation (KSSIDC). Such an inordinate delay can send a wrong message to foreign investors.
When contacted, a senior officer at KSSIDC admitted to the delay and attributed it to a legal issue. The official also said that not just ADD Engineering Components, but applications by many other firms too are pending due to the legal issues they are trying to sort out.