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
Yeddi too knocked out?
Some are without helmets....ow. bjp riders...
Congress BJP Bhai Bhai......
Public fools......ha haa
Panothi
I am enjoying goodness after my death........these useless will definetly go to hell
It is now new drama by sangha pariwar. Rss never wants tiranga in their nagpur head office , even on the day of independance.
Why all of sudden they started this drama.
Daal mein kuch kaala hain.
We cannot trust this goonda sha (encounter specialist)
Kannige mannerachuva karyakrama. hihihi
Just diverting the attantion of people from the recent murder
MP nalin kumar atleast knows how to ride two wheeler. I thought he is a useless.
wonderful rally, really enjoyed a lot with our all party members.
congress hatao bjp lavo,
Its Sunday!!! people normally dont have any work,. by the way i m sleeping at home and enjoying the holiday,
It looks like a congress rally!
why this rally and all doing in heavy traffic, simply troubling people. he s politician, can visit his party building, who told them to get down on the road,
Y Shobakka absent?
wow great rally i also participated, lucky to c amith shah in mangalore.
Since long time rallies are going on but no development are seen?
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