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.
“Go home and worship your manhood,” he exhorted the Hindu men while addressing a gathering at Jambusar in Bharuch district to induct fresh blood into the saffron outfit on Friday.
Comments
Hindus population could have raised to bit more if Modi, Praveen Togadiya, Mutalik, Sadhvi and other hate mongers could have married.
How our friend in Singapore, is tolerating, when he is branded as IMPOTENT..... When feku Modi is going to take these classes
Go and give your product to Mr. Narahantak Modi first.
Calling hindu men impotent for selling his product. new strategy of marketing...
Calling hindu men are impotent for selling his product....new marketing strategy.. nw wherever he go he will sale his viagra by spitting venom
Muslims has good quality sperm than Hindu, because we believe in one God. If Hindu needs sperm to increase their population, we are ready to supply for free.
Har Ghar main hoga bacha apna
Person who couldn't prove in potency is preaching and marketing his product... he he he
fog out from well
We are already 1.5 Billions....oh my God this stupid is giving wrong idea for hindus....instead he could help securing jobs and education for underprivileged people since their own party BJP is in power.....and is trying to take our country towards ignorance, poverty, illiteracy...
By this kind of speech no improvement will come in to Hindu community but all Hindu girls and women definitely think about the Hindu youths if they are unfit to be with a lady than what is the use of madicine
What a Fantastic Minded man, looks his Brain lost his control, You Bull of the Gate, You need Help to Increase your RSS Population Just a Shout we are here to help, afterword's do not tell \Love Jihad\" once falls Love there is no RSS,Bajji or Ranggi there is Male, Female Master Thogadaia Annanna, Why all these your Counter Partner Master Naraen Gangasara no teach you, we Trained Master Naraen he passed in Distinction level. Do not worry Thogadianna we are here for that, no worries even in Bullet Train or Aeroplane we help you to Produce more and more!!!!!!!!!!
You look like a Watch men in a Appartement, be smart Handsome look then only opposite Gender Love you Master Thogadia, In this stage Looking your Face Like Ugly Baboon no one will not Like you Master, be care otherwise all these Bangali Goons will pick up all go like Gentle Man.
Call us we are awaiting.
Jai Hoo Moidanna
Jai Hoo Hindustan."
IS TOGADIA, the hate monger, Married?
Yaa rabbe... ee report oditt nande nombu poyithaant nakk doubt aayo undu.
Our system is so impotent that Police cannt arrest Togadia. Why? Togadia is against Modi. Deliberately he given dis statement just to harm Namo
This is an attempt by NaMo govt to distract attention of meida from its failure
If impotent Indian media can cover d Charlie Hebdo cartoon or only fight with soft ones i.e Sakhi Maharaj,Togadia,VHP,Bajrang?
Who unable to produce children calls others to make more children who already have enof childrens...! He prepared Indian Viagra for others unfortunately doesnt work for him.
If you have courage marry a women and taste the family life instead of teaching others which is can't do by yourself.
The chemicals in plastic cause male impotence. Plastic water bottles being the biggest source.
It is a huge leap to link a decline in population growth to impotency - what evidence does he have to support such outrageous claims? Chances are that the size of families is being limited by deliberate choice, and not physical fertility problems. Anyone with such a mentality should not be allowed to breed at all!
LOL. Here is another...... But No outrage ?
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