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
Aditiya Anand is a Hard core communal Hindu terrorist working under the shelter, protection and with the support of BJP. Second one is shakshi maharaj. They are not the saints or Sadhus but are the goons only to terrorize the minority classes as well as scheduled castes and backward classes.The government is keeping a blind eye toward these anti social elements.They must be controlled and debated from anti-social activities at the earliest possible. otherwise government of India will have to face the revolt from within the party folds. As there are people who are against such elements and do not want to set these bhagwa/saffron dressed miscreants free from the clutches of the law and order. The ministry of HOME Affairs must turn the cannons of law and order towards these anti-social...anti religious....anti law....anti humanism people.
Fake yogi
Put him in jail
AIMMM must file a case (nirbhaya a Ct?)
The trails and full investigation should in camera and identity of the victims shouldn't revealed.
Dear coastal digest my humble request with you please do not post PSYCHIATRISTS comments.
Naren potian can you send your sister to this place?
#RUC taken many action on it with their team
first of belated happy new year wishes for ultra nationalist Indian s ,who thinks nation first and religion second ...hahaha Look at the frustration among Itch guard users from one particular community ... all fake news .sorry to say CD is not at all posting news in which islamic millitants committing henious crimes and terrorists acts , be it in malda or in Bihar or pathankot ... even papa al quaida terrorist sikkagle in bangalore, chummah antha ummah kottu , chumma chumma dede antha ummah ge hurt agbardu antha news ne haakalla ..this shows the maturity of this news media , fake victimisation is new found technic by muslims but everybody knows the truth mama.. One particular religion on daily basis kidnaps 1000's of non muslim gals based on instruction from headless and rapist preachers , who scream for jihad ... we know how these piece piece religion sells women in petrol pumps of raqqa,syria on USD basis ... hahaha .
Ley fairman , we are not living in ISIS controlled or saud family ruled rogue nation to behead democratically elected person .. India mama idu ... sorry Hindusthan kano .. acha kannadali bharatha khanda mams idu ..yenne haakidya henge guru ... mostly local haakirbeku ... filter less agi , olagade iro true attitude aache bandide ... hahaha
anyways long live RSS , Jai bajrangdal ... Jai yogi adithya nand ...we must learn from Israel to counter anti national terrorists , Intifada maadthini anno munde maklanna shivana paada kke seristha iro israelis are really great .. avarigu jai andu bidona ... hara hara modi ... jai jai modi ... bholo bharath mata ki jai ... bholo sangh parivar ki jai ...
Is Judiciary exist in the country and vigilant on the rule of law and feels its responsibility to protect the minorities
Are these girls Sunni or Siya.?
How some young men becoming nexalites, terrorists, decoits???
because of \gomuka vyagra\" criminals existing in our places.
To take revenge youngsters are becoming terrorists to teach a lessons to these anti nationals.
This man along with his groups should be banned and arrested.
But the Government is supporting these goons because the Government is governed by RSS ( who are the God father for all these criminal terrorists)."
ALLAH will allow to cross the limits to Evil doers ,,,then he will catch them in their necks, but the time will be over to repent........................but we have to work hard to bring back glory of Muslims not ISLAM,..........ISLAM will prevail as ALLAH will take care of it
Be honest
Be vigilant if Religion or Women comes under attack
Be Prayfull
Dont sit at home and think that Duaa is enough...if its true then Allah created Humans when Angles were there already...its a test to all of us
This guy deserves to be beheaded immediately and his daughters to be just kidnapped and treated good, so that he and his followers learn well.
Ya it is true. yogi should be banned from india
seriously, AIMMM dont have any work to do.
what non sense it is,
YA ALLAH save us from Such human devils.
Oh Ummah, please be alert because devils are roaming freely.. because the Word of ALLAH is kept in the SHELF ...
& also
Our prophet said be UNITED
Groups say : Don't UNITE by adding their own version to TRUE ISLAM.
Think which Group is asking U NOT to GET UNITED?
ALL types of devils will run away when we act upon the word of ALLAH...
Lets not be a MUSLIM only by name... We should act as a MUSLIM. U just need to take the step... ALLAH will help U fight such devils in ins & jinns. There is no POWER nor MIGHT except with ALLAH.
one more allegation, what are we. what are we hearing, seriously we common people are not understanding.
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