Vaccine maker Bharat Biotech evinces interest to invest in Karnataka
"There is an intention to invest in Karnataka, where the industrial environment is favourable for business," said Dr. Ella.;
Bengaluru: Covaxin maker Dr. Krishna M. Ella has evinced interest in investing in Karnataka.
Ella, Chairman and MD of Bharat Biotech, which produces Covaxin, met state Minister for Large and Medium Industries Dr. Murugesh R. Nirani, in Hyderabad on Friday, stated the official press release from the ministry of large and medium industries.
Ella, however, did not divulge the details of the nature and extent of the investment and said that he would soon come out with an investment plan.
In a meeting held at a private hotel as a part of a roadshow for the Global Investors' Meet, scheduled on November 2, 3, and 4 in Bengaluru, Dr. Nirani appraised Dr. Ella about the potential and advantages in investing in Karnataka.
"Karnataka is committed to facilitating ease of doing business and shall provide all support and infrastructure facilities to the investors in the state."
"There is an intention to invest in Karnataka, where the industrial environment is favourable for business," said Dr. Ella.
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