BANGALORE: The state government, which has decided to hold a Global Agricultural and Horticulture Investors Meet 2011 in December, has planned road shows to attract overseas investment in the field of agriculture and its allied sectors in Europe and North American nations.“The state government has already identified over 30,000 acres across the state which would be made available to potential investors in the proposed agri-summit,” sources said. According to official sources, arrangements to host the first ever such event in the country are in full swing and the road shows would be soon be held in the United Kingdom, France, Italy, Canada and the United States.The road show held in Israel recently evoked an overwhelming response. The state government is expecting an inflow of over Rs 50,000 crore investments in developing infrastructure facilities, including cold storage chains, warehousing, godowns at village and taluk level and building better transport networks.Sources told Express that to create confidence among the potential overseas investors, a serious effort is being undertaken to create a land bank of over 30,000 acres across the state ahead of the global meet.The campaign for overseas investment in agri-business activities was expected to boost the GDP growth of agriculture from the present 4 per cent to six per cent, sources added.It may be recalled that to shore-up the sluggish agriculture sector, the state government announced a comprehensive agriculture policy to attract investment into farming activities in February 2011.The process of land acquisition for agriculture-related activities is unlikely to meet any resistance as the move was actually intended to benefit the farming sector.
Comments
0 comment