Hubballi, Feb 16: Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, here on Friday, for the states northern region, said an official on Saturday.
"About 50 foreign and domestic firms have proposed to invest Rs 72,000 crore in the northwest and northern regions of the state and a dozen companies signed agreements with us," state Industries Department Secretary Gaurav Gupta said.
Rajesh Exports, Bengaluru-based group, signed an agreement to set up a manufacturing unit at Dharwad to rollout electric vehicles and make lithium ion batteries.
"Rajesh Exports proposes to invest about Rs 50,000 crore for manufacturing electric cars and lithium ion batteries for the domestic and overseas markets. It will generate about 10,000 jobs," said Gupta.
Similarly, Sonali Power has signed a pact with the state nodal agency (Udyog Mitra) to set up a solar power plant at Davangere at a cost of Rs 4,800 crore, which will generate 2,100 direct jobs.
Chief Minister B.S. Yediyurappa claimed several firms had come forward to collectively invest Rs 1 lakh crore since the BJP government came into being in July 2019.
"Many Indian and foreign firms will sign agreements with the state government at the 3-day Global Investors meet in Bengaluru on November 3-5," Yediyurappa said at the 'Invest Karnataka' meet.
Noting that Karnataka was rich in natural and human resources, especially in high-tech and skilled workforce, Yediyurappa said investment opportunities were plenty in aerospace, automobiles, machine tools, electric vehicles and bio-technology besides information technology.
"About 40 global firms expressed interest to invest in the state at a roadshow held at Davos, Switzerland, on the margins of the World Economic Forum (WEF) meet on January 23," he said.
Under the new industrial policy, the state government will set up clusters to make toys at Koppal, textiles in Bellari, solar equipment at Kalaburagi and farm machinery at Bidar.
"We are committed to make North Karnataka a power house of industries for the region's development, with Hubballi-Dharwad as the growth hub," Yediyurappa said.
Comments
If this continues people will forget the real picture of vishnu.
Jeff is the new avtaar of vishnu for western, many more avtaar will come in future.
Bhakths will be now like.. Ban amazon.. Uninstall amazon.. hahaha
ALLAH says in QURAN : O mankind! Worship you Lord (ALLAH) who created YOU and those were before YOU, so that you may become Al muttaqun (Pious).
When ALLAH says he is your LORD.. Intelligent person will try to look & learn what ALLAH says & VERIFIES what he says & if not confirmed he experiment what he Says.
BE one of this INTELLIGENT Person... U will be successful in the eyes of the one who gave LIFE & DEATH.
It is true it hurts our people.
Secondly : It is our Hindu brother's mistake, they are portraying God as men.
The God can not be like human being or any other creature.
The God is creator of everything and almighty. Then how can the God be given the picture of man.
If there is no picture, then nobody can play around with God.
God help us to understand you, your strength, your power and your guidance to all of us so that we succeed here and hereafter.
Add new comment