New Delhi, Oct. 13 -- The Karnataka government is considering setting up overseas offices of the Invest Karnataka Forum (IKF) in the United States, Japan, Taiwan, South Korea and France to attract investments into the state's industrial sector, Industries Minister MB Patil said on Tuesday.

The proposal was discussed at a meeting of the IKF Board of Directors at Khanija Bhavan, where Patil directed officials to assess the advantages and disadvantages of the move, consult relevant stakeholders and submit a report.

"There is intense competition among States to attract industrial investments. Some State governments have already taken steps to open offices in the countries mentioned above to attract investments. Karnataka cannot afford to la...