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
They didn't ask you to wear shorts or bikinis
They just said no bhurka
Once you join the college,you are meant yo follow rules.
If you are not ok with it join another college which respects your tradition
They didn't ask them to wear shorts or bikini,they just said no bhurka
Rules of college to be followed once you join it,if you are not ok with it join another college which respects your tradition
Some fools here don't know the constitutional rights of students and commenting asking to go to Muslim colleges. Then let the college announce that they cannot follow our indian constitution.....
I dint see all these people commenting where their cow gods are in trouble....specially kotiaan ....we will take care of our problems....you first settle your GO Gods problem first....ha ha ..arrange to clean the city from plastics and feed them with grass......good luck....
Neren when did you travel from Thailand to Singapur. Might be the Govt of Thailand refused to give shelter like Indian govt did to you Poor Naren. Next he will be HELL.
Me Naren Hindu Lady sanyasi also wearing towel on her head gujrathi and Rajasthan Hindu women without head covered not coming in front of elderly person Christian nuns also wearing hijab that means hijab his good for ladies. If purchased fish you are not taking naked fish without covering then how you allowd your mother or sister allied without covering head
Kotian. A simple example. Just read and understand
For kachra what u do. U will burn of course.
For treasure what u do. U will hide in the ground of course.
After dead some people burn them. As some people hid in the ground
Simple message is that it is because of the huge donations given by the muslims the school and colleges are being filled and if we muslims decide to send our children only to muslim institutions then the closure of many of the non-muslim institutions will be near.
Dear Danish,
Your comments shows how much knowledge you have about islamic countries. Just visit dubai and see how non muslims are practising their faith. Don't blame with half knowledge like our Feku.
NARENANNA .....We no longer require messenger like you ....we already have ADVANI anna .....who followewd Sharia by saying ....death penalty for Rapist
NAREN JOKES
What a boring and miserable person you are naren. We are fed up reading your comments and now we are taking it as narens jokes. Keep going you will be famous as sardar jokes one day .. Hahaha.
There is a pretty common story that a NON MUSLIM asked a MUSLIM man why Muslim women covers themselves in HIJAB.
He took a piece of CANDY , took it out of the wrapper and threw it on the Ground. Candy got dirty, ants came & swarmed it, etc...
He took another piece of CANDY that was wrapped and threw it on the Ground as well.
Then he asked the NON MUSLIM man if he wanted the wrapped candy or the unwrapped candy? He of course said the Wrapped ONE.
The unwrapped was to symbolize uncovered women... How they are walking through this filthy world.
The Covered women was symbolized by the Wrapped Candy which protected from the dirty things on earth.
Its your choice... to follow the divine msg or not.. Nobody is forced by GOD.
If the Virgin Mary appears wearing a Veil on all her pictures, How can you ask me to sign on a Hijab ban law?
Roberto Maroni (Italian Foreign & Labour Minister)
muslim education institutes are not on par with education , so they join hindu and christian owned ... so no place for sharia .. kick those out of college ... no mercy must be shown on jihadist encouraging activities ... we have seen deep penetration of islamic state element in the coastal . .. one banner showing they will teach lesson in their own terms ... fire pellet guns on them ...beter join madrasa guys ... go please hahaha...
A BJP MP rejected USA visa because they told him to remove turban for security check. He rejected the American visa instead.
Anybody to blame him? No, this is our culture.
If a girl wear half naked skits or tight jeans pant and breast showing clothes, then these so called educationists are happy.
Hijab is the right of a muslim girl. Turban is the right of Sikh students, in a secular country they have the right to observe their religious dress code.
better to boycott such kind of institutions and go for islamic colleges.
Finally chairman by self unveiled his mask. Hope if he continue his dirty mentality then his institution may lose his respect and not fit to educate our future generation.
It will be unfortunate to Great Nation
its not Group of Muslim Students.............it is CAMPUS FRONT OF INDIA
Beedi workers ( look at pic in which women has come along with her daughter ) ...2 faces I can make out they are from bunder involved in cattle thefts before ..correct taane faizahal Bhai ? Idara bagge nimge idea iratte ..haha ..salafists are getting lot of funds from wahabist countries ..so they are organising this .. Give them tc so that they can join their community owned collegese...comedy thing is minority particularly one community owned colleges and schools are not of good standards ...haha ...quality of teaching staff is not up to the level ...so they join colleges owned by Hindus and Christians .madrasa untalla babes ..go and join na ? Hahaha...
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