Bengaluru, Jan 25: The Karnataka government would hold a Global Investors' Meet (GIM 2020) in Bengaluru from November 3-5 to showcase the southern state's ecosystem for attracting investments from the world over, an official said on Friday.
"Our Chief Minister B.S. Yediyurappa held the first road show on the GIM at the 50th World Economic Forum (WEF) annual meeting, being held at Davos in Switzerland and invited global firms to participate in the 3-day event for investment opportunities," additional secretary P. Ravikumar told IANS.
At a curtain-raiser on "Invest Karnataka 2020" on Thursday, the BJP Chief Minister said the theme of the GIM would be "Innovate Now. Growth Forever" as the state had one of the best natural and human resources for investing in manufacturing, services and agriculture sectors and creating jobs.
"About 100 entrepreneurs, businessmen and heads of global firms participated in the roadshow to assess the state's industrial policies, incentives, infrastructure, tax system and its ease of doing business for investment potential," Ravikumar said.
Among the participants at the event were Swiss-India parliamentary group president Niklaus-Samuel Gugger, Uber Chief Executive Dara Khosrowshahi, General Electric (GE) executive William Cowan and heads of Gemini Corporation, Coca Cola, SAP Labs, Swiss Re and Mitsubishi Heavy Industries.
"Khosrowshahi discussed Uber's expansion plans in Bengaluru and assured the Chief Minister of investing more in the state. Cowen expressed interest in the development of healthcare, renewable energy and power distribution across the state through partnership with the state government," the official noted.
The US-based transnational firm (GE) has a large presence in Bengaluru with one its largest engineering and technology centres and two production plants.
"A Coca Cola executive told Yediyurappa that the soft beverage firm would initially invest $25 million in its plants in the state and enhance it to $200 million to benefit farmers and rural people with access to clean drinking water in their villages," Ravikumar said.
The Chief Minister also sought to know the investment or expansion plans of global firms present in the state, especially Bengaluru and assured their heads of the state support in creating hundreds of jobs and wealth.
About 100 members of the Indian delegation to the WEF, led by Union Commerce and Industries Minister Piyush Goyal, Confederation of Indian Industry (CII) director-general Chandrajit Bannerjee, Bharat Forge chairman Baba Kalyani, Kirloskar Systems Managing Director Vikram Kirloskar, also participated in the state's GIM roadshow.
State Industries Minister Jagdish Shettar, chief secretary T. M. Vijaya Bhaskar, additional chief secretary E.V. Ramana Reddy and industrial department principal secretary Gurav Gupta also attended the state event.
"Emiriti Lulu Group chairman M.A. Yusuf Ali discussed plans to invest $300 million (Rs 2,160 crore) in logistics, hospitality and health/wellness sectors across the state with Yediyurappa," said Ravikumar.
Ali, an NRI (non-resident Indian) migrated to the United Arab Emirates (UAE) from Kerala two decades ago and founded the Lulu Group at Abu Dhabi to operate a chain of hypermarkets and retail firms since 2000.
"The Chief Minister assured Ali of speedy approvals and incentives for investing in the state, with ease of doing business," the official said in an e-mail to IANS from the Swiss town.
Asserting that his proactive government would work overtime to facilitate global investments in the southern state, Yediyurappa said he was committed to create more jobs across sectors.
Dassault Systems executive Florene Verzelen told the chief minister about her company's plans to set up centres of excellence in smart manufacturing and smart cities in the southern state.
"The centres will train and equip the youth with skilled jobs in large corporations the world over," Ravikumar reiterated.
Yediyurappa apprised US aerospace behemoth Lockheed Martin executive Richard Ambrose of the ecosystem for aerospace and defence industry in the state, especially Bengaluru.
"I will soon visit Bengaluru to explore the possibilities of investing more in Karnataka and taking up research and development work," said Ambrose on the occasion.
A delegation from global automotive component maker Denso also called on the chief minister and interacted with the state delegation.
The Japanese firm has an excellence and research centre in New Delhi and a manufacturing unit at Nelamangala on the outskirts of Bengaluru.
Denso executive Hiroyuki Wakabasyi said he would visit Bengaluru soon to explore further investments in the state.
"Arcelor Mittal chairman Laxmi Mittal also met the chief minister and discussed his company's investment plans in the state," the official added.
Mittal backed out of setting up a steel plant in the state's northern region over a decade ago due to delays in acquiring land and mandatory approvals.
Drug maker Novo Nordisk chief executive Lars Fruergaard expressed readiness to work with the state government in taking up educative and awareness programmes for diabetic patients.
Comments
VHP are the most jobless people on earth. If they want to do social service..there are a hundreds of things they can do..and it's a very sad reality that these VHP people who are \so called hindus\" haven't read a page of their Scripture..it is their Hindu scripture that tells them to eat beef and other non veg. This clearly shows their level of knowledge. This is all a drama!because I have met so many hindus (I don't lie because I fear Allah) who eat beef..And even Christians who are no where in this beef issue. And i even know of these SAME NATAK HINDUS WHO PUT A NEW BORN MALE CALF INTO GOBAR GAS TANK BECAUSE THEY THINK MALE CALF ARE OF NO USE."
Is it mr true Indian ?,cmon give me a break. First learn English then advice me..from.which wahabist madrasa you learnt English .first learn the difference between \ leaving \" and \" living \" .then advice .sorry I am not a voter in US .if mr trump wins the election .I will be more happy because he knows how to handle Islamic terrorism wel . I am okay with racial profiling and I never met intolerance in this alien land ."
@Ahmed
When trump kicks u out from usa. What u will do. U r leaving in USA. But ur english is very poor.
@Ahmed fake.
ur usa funding and created terrorists. Shame on u.
Just type hilary clinton and taliban on utube. U will get the answer.
I never tried to divide. I tried to unite.
Pork carries lots of diseases an
Mr True Indian .don't talk like nonsense. I doubt you are an Indian.when we live in multi religious society we must respect others faith. If not becoz bastards like you .society gets divided.I clearly say its becoz of people like you sangh parivar is getting into violence mode .are you aware of cheddis power these days ? Come here and see.no no ...I don't think you will get not even tourist visa with your attitude for USA.whether you accept it or not ..100% sure Mr Modi will bring uniform civil code and we will be in real mess thereafter .so always advice respect other faiths .let's keep religion within home and private and outside let's live like Indians.Hindus take out hides from dead animals .do you know that ?...beef meat means buffalo meat also ....there is no restriction for them to eat it .PFI blocked?,I don't think so. They are having free time becoz of congress govt .moment table turns real problem will crop up. We must never underestimate cheddi log .even though I don't endorse them .its the fact .now they are more powerful than before .we might glorify PFI kfd and CFI .but we must know and predict our future positions.certainly we will have more problems if we allign with wahabist mentality groups in coming days.
Bopanna
But we dont eat. Have u seen a single muslim who ate pork. But i have seen many cheddies who eat beef and pork.
Pork is the only animal on earth which eats his own shit.
Pork eaters are also called as shit eaters. Ru pork's shit eater.
What about serving pork to Muhammad and all of you ,?
chaddis are with a intention to spoil youngsters life.
i/o of doing public welfare.
If one visit beef serving hotel it's real fun to see chaddis enjoying beef
Y don't u guys BAN export of beef which has increased
hahahaha look at one of he guy's comment(mainly we have to destroy bunder), for your kind info couple of years ago BEEF MANDI was under he hands of few hindutva activists, why didnt u destroy then ?
these people give big dialogues about go maathe and all and when they boose they make sure that they have a plate of beef fry.
HYPOCRITES.
Go and tell Modi to stop exporting cow meat.....before start killing innocent human kind....you don't have value and respect towards human kind....heartless creatures....killers of Mahatma Gandhi....
Yes you are right ....................Great result ...finally forced to change the tactics .....after Great resistance from Popular front of India and its allies such as Komu souarda vedike and like minded people and all other 95% Indian Citizens ...these fanatics agreed to change the tactics ...Jai Ho ........
WE CAN DO IT.......5 % Fascists V/S All other Sound Minded . Days are near when these Fanatics are dragged into the prison or to rehabilitation centres .
Vishwa hindu Pakistan
These coward people dont have guts to ban beef in goa.
Kick these vhp to pakistan. Police is not able to catch thogadia. How can they catch dawood.
Sachin Tendulkar’s Ferrari car. Udhav Tackrey’s Mercedes car. Baba Ramdev’s many luxurious car's interior are made from gau mata.
replace their car seat with steel chair.
And many luxurious brands in india like channel louis vuitton burberry gucci etc. most POLTICIANS use it. Are made from gau mata.
First look at ur own family member. Might fallen in love jihad.
How u people will survive without beef with alcohol.
Cheddis are known for their deception
Even after they were caught red handed by their own act of love jihad and cow Stealing, they are giving this shameful statements.. In future we will see this cheddis will be trapped in their deception again..
They think people are still fools accepting what they want .. But I wonder why dont some fools still dont understand this game of deception from the deceivers who learnt their lessons from the greatest deceiver on earth, the zionist... who will dump Indians as well as dump the cheddis with their evil acts...
u cannot stop anything in india, india will be the safest place for all like us.
banning caw slaughtering its just a dream.
for coming 100 or 1000 years, u cannot stop cow slaughtering, its our right we will eat till our death.
yes mainly we have to destroy bunder in this case
Hope at least your new strategy will stop beef export!!!
wow good news. Jai hindu rastra.
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