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
Thank u raj. Wish u all the best in your study and search for truth. May Allah give u hidaya.
I had given link for second answer but it wasnt posted. Check this out https://islamqa.info/en/118698
Or \118698: Consensus that the Earth is round\" in google or islamqa.com"
Mohammed thank u for one answer. According to all religion. The best religion is islam without a doubt. I started studying islam. After eating halal and non halal meat i cooked them both. Non halal meat is hard not that tasty. Halal meat was juicy soft and delicious
Sai baba. Says sab ka maalik ek hain. But people started worshiping him.
Dear Raj, It's not stoning the devil . There is nothing in Islam called stoning the devil. It's called Ramyul Jamarah in Arabic which means throwing the pebbles. This is done to symbolize the three places where Prophet Ibrahim was approached and tempted by Satan to turn away from Allaah's command.
There is no devil there and every Muslim knows that.
Mr. Raj...
By knowing answer to only two questions , do not change your religion...first study know about creator , and think whether you worshipping Him or not ? then try to know which religion presents true qualities of creator , after that you may go for change...
regarding pelting stone , no muslim is worshiping stone as hindu religion..those worship , they never throw stone at them but they pour milk & flower on them with 'aastha'... mena stoning is a symbolic ritual remembering stoning of prophet Abraham (PBUH) to devil , when it prevent Abraham (PBUH) of sacrifice...
Mujahid.
Is the devil stone. Man made. Or who made it.
Mr mujahid.
Quran 79:30. It says he expanded the earth. No where does it says it is egg shaped. I downloaded quran app in english translation.
No translator says so. Where did u get it.
Where is the point ? We are not worshipping that stone, rather its symbolic representation that we follow the commandment of Allah SWT.
Stoning it remembers us the our forefathers, and its strengthen our belief.
Where did you find Islam tels earth is round? U got wrong information.
Quran clearly explain the shape of the earth.
“And the earth, moreover, hath He made egg shaped.”
[Al-Qur’an 79:30]
The Arabic word for egg here is dahaahaa1 which means an ostrich-egg. The shape of an ostrich-egg resembles the geo-spherical shape of the earth. Thus the Qur’an correctly describes the shape of the earth, though the prevalent notion when the Qur’an was revealed was that the earth was flat.
Universe 12.5 billion years ,earth 4.5 billion years,black stone and stoning the devil 1400yrs.How many more years you guys need to get rid of the devil.Please don't get duped by the mullahs and be brain washed,realize, repent,and wash of your sins,follow a dharma that is a way of life and attain moksha.
Its just a stone. Where is the devil. Same as we hindu. Worship stone we think god exists in the stone we created. Tum kare to chamatkar. Hum kare thi balatkaar.
And if u show me earth is round in islam.
If i get a these 2 answers iam ready to convert to islam.
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