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
Wowwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww....
We heard this many times
and many people were fooled in the beginning.
and many people still believed again & again.
and a lot of FOOLS still believe it again and again.
Dear FOOLS
Please use your intellect and dont FOOLs yourself from the FOOLs who make such statements to hide their deception.
\Stop Politics of Hate\" The upcoming Campaign of PFI.
Mr.Pratap Simha ( huli, karadi, chirathe, whatever you are)
For your kind knowledge this time Popular Front Expose you Badly..!!
#I am with Popular Front"
Oh My godse.. Jayanna Quarter parth japley.. You are fit to drink that and talk all nonsense. :D Grow up read your books and learn sanskrit and understand what your religion advises.. Ad bittu u sit up get up antha yakappa helthiya.. Swalpa samadana irli guruwe illadrey chaddi galu ninannu hudki barbahudu praveenannu hundkond banda hagey.
Dear Pratap, You won the election because of them. Don't forget the help. Or else A H Vishwanath will won the battle.
Jayaraj.....be cool.....dont spoil your health, by increasing the BP......your help is required to keep Meat bag in Naga Bana ....Pramod Muthalik is badly in need of you .... He will pay 30 laks to start the riots ....
Jayaraj Madekieri well said, he is real lion not human so he should be in zoo or in forest...
Jayarajanna you RSS Criminal Looters speaking about peace in HINDUSTAN!!!!!!!you Buffoons Fantastic citizen of Hindustan.
Great speaking to back up of Chilli branded Master Criminal Pratap no legal right, let him resign his position, 'Every Dogs gets his own Time\ Master Jayarajanna."
@abdul ahad just shut up!!! what is your organisation up to, will demolish in single minute, we always wanted peace in our country. but the man like you always dominating us in every standpoint. what u do if someone coming to your home and bossing u. will
It was during the time of 1998 i remember many innocent Muslims were killed in anti muslim riots across mangalore at that time there were no organisation came forward to resist against the rioters only all believed in police, administration and the so called Secular political party leaders, but no one came for saving the lives of innocent people. Alhumdulillah today because of some muslim group's efforts and continues resistance communal riots reduced drastically.!!!
Jayaraj, where were you when Modi visited Pakistan to make friendship with them and your own Ravishankar said \Pakistan Zindabad\", did anyone tried to put sedition charges against him....you guys as always talk rubbish and garbage...."
Jayaraj, just shut up!
We have seen a lot of unrest and unpleasant condition due to Bajrangies and other sangh pariwar terrorism activities....has government planned to ban these outfits....
Due to Pfi and kfd, communal forces facing setback across india. Long live pfi, kfd.
@sk u shut your mouth, its none of your business. u people always support antinational activities like now its going on ramya's issue. you are the first one to support this all the time.
Ryan DCosta .....what made you to stop naming the every groups to be banned ???????.....
What Happend Prathap ? Is there any election nearby ? I doubt so, coz you open up only when there is election or allegations on your Chaddis. Otherwise people at mysore dont even remember you are an elected MP.
Mr.Pratap
Couple of days back members of one of the famous terrorist organisation i.e Bajarangdal and VHP murdered Praveen poojary in the name of GOW rakhshaks. Where were you that time??? Why didn't you make any press conference and tell government to Ban BD & VHP.
My suggestion is to you that if government of India BAN BD,RSS,VHP,RS then automatically peace will establish.
So PFI on right track. Chances of BJP and chaddi parivaar are minimizing to create communal violence and violation of harmony in State.
So finally this Simha accepted that PFI is the big threat of BJP and Chaddi parivaar.
Why only PFI,KFD Ban all RSS,BD,VHP,Nakali Gou Rakshaka, all should be banned.
The person who belongs to terrorist group is speaking about terror... good joke...
NO PFI or KFD person caught in terror attack but its clear that RSS & BJP workers caught in so many terror attack in India & preparing bomb, explosives.... RSS is taking our India to terror hub & spoiling harmony among people.....
public should unite against such organisation & stop electing person as our representative who spread hatred among communities... Government should arrest all RSS chaddis who are involved in illegal activities & hang them....
yes absolutely well said mr. pratap, not only karnataka the whole country is turning into a safe haven for saffron terrorists like rss, srs, bd, vhp, even student wing too like abvp.
recently we heard so many incidents like babri to dadri, minorities to dalits, human to animal, etc.etc. who done these atrocities pfi, kfd or rss, bd,vhp????
mr. pratap, as a mp did u raised any single voice in the parliament? regarding the above mentioned issue? no you dont why? because it was done by your saffron terrorists. shame on you. people have voted you to talk their problems in the parliament no to bark in the society. better you to resign from mp and serve the society to maintain peace and harmony.
Super Simhaji well said, your are the real lion of our state.
Every group should be banned. not only pfi,kfd. Terrorist are there in every group.
Your sanghi's atrocities have grown uncontrolled. You people are imposing your lifestyle on others.
These groups are formed too defend victims of your atrocities they are doing good job in helping all needy hands.
First of all your dirty mined groups should be eliminated.
then automatically every feed fending group will relax voluntarily
Lol.. Naya bander sheher mey.. Abey beta pehley thu apni bageecha mey dekh aur samja khar kitna ghand hey tujmey.. Pata poster nikhla bander :D
Getting upset after the heinous murders of Praveen poojary, harish, Baliga, Prashant , many school girls.... Has to make some bow,bow... ..for publicity .....Shameless creatures ....
HAHAHAHA....
Ulta chor kotwal ku daante!!!!
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