<p>Industry body Federation of Karnataka Chambers of Commerce and Industry (FKCCI) and BCIC has expressed disappointment over HeroMoto Corp India’s largest two-wheeler manufacturer choosing neighbouring Andhra Pradesh over Karnataka to set up its unit. <br /></p>.<p> <br />The company’s decision to shift to Andhra Pradesh was apparently necessitated due to inordinate delays in clearances, FKCCI President S Sampathraman said.<br /><br />Anuj Sharma, Senior Vice-President, BCIC, said, “Having given necessary thrust in the recent industrial policy, this news has come as a great shock and we would urge the state government to take cognizance of the same and undertake suitable measures to attract big ticket investments like Hero Motors.” <br /><br /></p>
<p>Industry body Federation of Karnataka Chambers of Commerce and Industry (FKCCI) and BCIC has expressed disappointment over HeroMoto Corp India’s largest two-wheeler manufacturer choosing neighbouring Andhra Pradesh over Karnataka to set up its unit. <br /></p>.<p> <br />The company’s decision to shift to Andhra Pradesh was apparently necessitated due to inordinate delays in clearances, FKCCI President S Sampathraman said.<br /><br />Anuj Sharma, Senior Vice-President, BCIC, said, “Having given necessary thrust in the recent industrial policy, this news has come as a great shock and we would urge the state government to take cognizance of the same and undertake suitable measures to attract big ticket investments like Hero Motors.” <br /><br /></p>