Union defence minister Rajnath Singh on Tuesday said that India now rolls out red carpet instead of red tape to investors during the inauguration of
Invest Karnataka-2025
.
“When I speak about the policy uncertainty, I want to emphasise a crucial point. Today across all governance level in India, including the central government, state government and local bodies, there is a broad consensus that sustainable economic development must be driven by a market led economy with the private sector playing a leadership role,” Singh said.
He further said that this unified commitment towards sustainable economic advancement ensures a stable policy environment, giving investors the confidence to make long-term commitments.
Singh highlighted how investors previously faced various obstacles, particularly administrative barriers, but noted that circumstances have evolved significantly.
“Today India no longer presents red tape to investors. Instead, we roll out the red carpet for them. This kind of cross party consensus on promoting investment plays a crucial role in reducing uncertainty for our investors,” the minister said.
Additionally, Singh mentioned that offers everything one seeks in an investment destination. “No matter what your investment requirements are, Karnataka provides a good foundation for growth and success,” he said.
“As an investor, you seek a world class infrastructure and Karnataka is offering next generation infrastructure facilities. If you require skilled human resources, Karnataka stands out with its highly talented future ready work force,” the minister added.
