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.
Addressing a press meet in Sirsi on Sunday Mr Hegde had stated that the religion of Islam should be wiped out and claimed that terrorism could not be uprooted as long as Islam existed in this world.
Comments
Welcome back Mohammed Mangalore.
Every person have their own choice of selecting the method of protest. I have selected writing on forums as I cannot do what you wanted, as I am aged enough. You being a hench man of Masood, may remember recently Poojary indirectly taunted Masood, for being MLC at his helm, failures for congress party recent Zilla and Taluk Panchayats. I bet you Masood cannot get 100 votes if he contest for next MLA election. And even MLC.
Finally I don't need teachings from you as you are immaterial to me.
Dear UTK saab, Kindly Kindly Kindly dont urge... or wait for POLICE to file SUO MOTO....
Kindly ORDER for the ACTION on him thru your government and appeal HEGDE's arrest notice to Loksabha speaker.. then we can believe you.
many urges from you people show up to DK public llike PRABHAKAR BHAT ARREST bu noting happened till the moment...
Ibrahim Hussain Udupi, It is just for you to request muslims to keep quiet as you being in Udupi are scared of the repurcation you will go through if you stand up against these people. Come on gather some guts and come out openly to condemn this speech. It is easy for you give lectures. Be a strong muslim or are you the one who knows only to back stab and talk nonsense about your own community people.
CONGRESS HAVE NO GUTS TO TAKE ACTION, SEE YOU ALL, ITS 100% SURE.. CONGRESS IS DEPENDENT 90% MUSLIMS VOTES, BUT THEY DONT WANT MUSLIMS DEVELOPMENT AND HAPPINESS, THEY ARE USING ONLY VOTE BANK.
as per great tradition of modi govt he should be soon rewarded with some ministry..ache Din.. here it is !
Mister M-ad P-erson, wouldnt have even tried reading his holy book Bhagwat Geetha,else he wouldnt have spoken false/ill about other religions. I dont want to mention anything more, its a waste of my time.
This is Kaat Bunta.
He is not representing all Hindus, nor this is the message of any Hindu.
The more they provocate, the more ISLAM grows.
The big protest and reaction started in US afer 9/11, what happened.
Happened is more Americans specially women embraced ISLAM.
The same will happen in India. Just Watch, you can not fool educated people.
BROTHER RAHUL,
HOW YOU WILL FEEL IF I SAY THERE WILL BE NO PEACE IN WORLD IF WE DID NOT ERADICATE THE RELIGION WHICH YOU BELONGS TO... DO YOU STILL SAY THERE IS NOTHING WRONG IN IT BECAUSE SOME PEOPLE FROM YOUR RELIGION INVOLVED IN MURDER RAPE AND TERROR ATTACKS
I guess he forgot he is talking about world's second largest religion! Might he needs some knowledge about Islam. Let him mock on the religion, his creator will give him a knock out too..
Why all the from same....... makes this type of comments?
BJP/RSS have some active pracharaks throughout India give hate speeches against Islam and Muslims. Even Narendra Modi himself RSS pracharak, made some comments on muslim regarding reservations during the Bihar Election rally. Yesterday in Agra, Mr. Kataria, BJP MP made similar provocations SPEECH in UP. This is a normal practice of RSS/BJP camp. When it comes protests, both slip away from their utterances and say that is their personal views and nothing to do with party and RSS.
Ananth Kumar is non performing MP of UKannada district, there is an unhappiness from the voters even BJP sympathizers and his utterances against Islam and Muslims nothing but a show. However, Muslims should not provoked from his statements and maintain peace and harmony. We will have to see the action from the State Government, specifically home minister Dr. Parameshwar and CM Sidda Ramayya.
YES MR.RAHUL,
U R RIGHT, SEE THE MALEGAO,OTHER BLASTS LIKE MECCA MASJID, ALL MUSLIMS ARE ARRESTED.. but.. I MEAN SADHVI SINGH, PUROHIT....SHAME ON YOU...
Good to see that minister is taking action against this ignorant...
defaming other relegious s totally wrong, he must be punished,
Let's wait & see what action will our Congress govt. takes, i'm sure it won't take..., unless we change our system by adding/ bringing AAP or SDPI to political track (bcoz people are tired of watching old two parties blame-games)
It is time for Congress Government to take action. If you want to keep your vote bank alive, then the Government must take action against this Naalayak, Hatred Communal MP.
just for publicity, media simply giving publicity to them, this kind of statement should be ignored.
its totally unfair to tell to wipe out islam from the world first he have to wipe out his mind and heart.
Now Modi will provide Z+ Security to this Poor Guy Who is Struggling for FAME.Like Subramanya Swami.
He has challenged his own CREATOR.After all he is a CREATURE.
Will suffer badly life after DEATH (In sha allah)
Only Complaint, nothing to do this congress government. Now Congress is power in state, but they are not intrested to take action.. only giving statement for his vote bank politics. They have no guts.
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