Obtaining approvals
An indicative list of approvals with timeframe for setting up business in
Karnataka
|
List of approvals and clearances required |
Departments to be consulted |
Estimated Time Taken (days) |
|
Incorporation of the company Registration, IEM, Industrial licences |
Registrar of Companies District Industrial Centre for small scale,
large and medium industries |
SINGLE WINDOW CLEARANCE
The
Karnataka Udyog Mitra (state single window clearance) clears investment
proposals in 40 days on an average.The single window obtains all approvals
necessary for the investment proposal within the aforementioned time. |
|
Allotment of land |
State Department of Industries/State Industrial Development
Corporations/ Infrastructure Corporation |
|
Permission for land use |
State Department of Industries, Department of Town and Country Planning |
|
Site environmental approval |
State Pollution Control Board and Ministry of Environment and Forests |
|
No Objection Certificate and consent under Water and Pollution Control
Acts |
State Pollution Control Board |
|
Approval of construction activity and building plan |
Town and Country Planning Authority |
|
Sanction of power |
State Electricity Board |
|
Registration under state's Sales Tax Act and Central and State Excise
Act |
Sales Tax Department, Central and State Excise Departments |
Source: www.kumbangalore.com
Cost of setting up business
An indicative table on cost of setting up business in Karnataka
|
Manufacturing
|
|
Land (US$ / hectare)*
|
129,191.5 |
|
Labour cost (US$ / man year)**
|
1,522 |
|
Services
|
|
Occupation costs***
(US$ / sq ft / year)
|
16.44 |
|
Employee Cost (US$
/ man year)
|
|
Software developers
|
6,383 |
|
Team leads
|
14,893 |
|
Architects
|
21,276.5 |
|
Project managers
|
31,915 |
|
Common Heads
|
|
Cost of capital*****
(Prime lending rate, per cent) |
10.57 |
|
Electricity (US cents
/ kWh)***
|
|
Metropolitan area |
12.13 |
|
Non metro area |
8.7 |
Contact for information
Karnataka State Investment and Industrial Development Corporation (KSIIDC)
Karnataka State Investment and Industrial Development
Corporation is wholly owned by the Government of Karnataka and has been
established with the main objective to act as a catalyst for promoting
industrial growth in the state specially in the medium and large-scale sectors.
It is the designated agency of the State Government to plan and promote
industrial infrastructure development projects.
Karnataka State Investment and Industrial Development Corporation
MSIL House No 36
Cunningham Road
Bagalore 560 052
Tel: +91 80 2258131
Fax: +91 80 2255740
Email: ksiidc@bir.vsnl.net.in
Web: www.ksiidc.com
Confederation of Indian Industry (CII)
Information on markets and opportunities for investment in
Karnataka can also be obtained from Confederation of Indian Industry which works
with the objective of creating a symbiotic interface between industry and
government.
Confederation of Indian Industry Southern Region
98/1,Velacherry Main Road
Chennai 600 042
Tel: +91 44 52444555
Fax: +91 44 52444510
Email: cii.south@ciionline.org
Confederation of Indian Industry State Office
No 1086, 12 Main, HAL 2nd Stage
Indiranagar
Bangalore 560 008
Tel: +91 80 25276544 / 545
Fax: +91 80 25276709
Email: citiblore@touchtelindia.net
Web: www.ciionline.org
|
