Biocon chief’s deadline to govt

Biocon chief’s deadline to govt
Deccan Herald

Biocon Chief Kiran Mazumdar Shaw on Thursday said she would give the government 15 months to implement all its promises on improving Bangalore infrastructure, failing which, the company would have to rethink about its expansion plans in the City.


Biocon Chief Kiran Mazumdar Shaw on Thursday said she would give the government 15 months to implement all its promises on improving Bangalore infrastructure, failing which, the company would have to rethink about its expansion plans in the City.

Speaking to reporters after meeting Chief Minister H D Kumaaraswamy in Bangalore on Thursday, Ms Shaw said she would continue to express her displeasure against the government if concrete results do not materialise.

However, she expressed confidence that the chief minister was serious in his endeavour of getting Bangalore back on the right track. She said the chief minister had assured her that the Airport Road flyover would be completed within three months. Ms Shaw said she had suggested that the government shift the Madiwala market which had emerged as a major bottle-neck on the way to Electronic City. She said the industry was ready to participate in the proposed special purpose vehicle on Bangalore infrastructure. The industry would also prepare a road-map for the government for timely completion of projects.