HomeNewsIndiaKarnataka partners with Microsoft to fast-track approvals for industrial projects

Karnataka partners with Microsoft to fast-track approvals for industrial projects

Karnataka’s Minister for Large and Medium Industries MB Patil said the maximum time for granting approvals for industries will be reduced from 300 days to a maximum of 100 days.

November 04, 2024 / 21:23 IST
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Karnataka minister for large and medium industries MB Patil
Karnataka minister for large and medium industries MB Patil at the event

Karnataka's Minister for Large and Medium Industries, MB Patil, on November 4 said that new software developed by Microsoft will simplify the approval process for industrial projects under the state’s single-window system.

“This first-of-its-kind platform in India will be launched at Invest Karnataka in February 2025. We are aiming to issue all necessary clearances within a maximum of 100 days,,” he said. The announcement came after a visual demonstration of the software by Microsoft representatives in Bengaluru on November 4.

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Patil said that while neighbouring states grant approvals within 60-70 days, Karnataka’s average approval time stands at around 300 days. “We aim to reduce the state’s approval period to 60-70 days, as prolonged delays could impact our competitiveness in attracting investments,” he said.