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
RSS is the only enemy of India.
RSS should be allowed to wear pants. They look like mentally backward people.
Muslims will manage to get back RSS weapons.
Interesting to hear the jokes of kothi Ann...
Sanghi goon out of India.....staying in Buddha land and disrupting the unity of Indians.....soon should be behind bars....jai hind....
@Naren
Don't think that staying in singapore. And giving communal lines. Will get away from this. Ur each and every comment might be monitoring.
Once police catch u, then ur life will be behind the bars.
Think before u com
@Naren
Don't think that staying in singapore. And giving communal lines. Will get away from this. Ur each and every comment might be monitoring.
Once police catch u, then ur life will be behind the bars.
Think before u com
@Naren
WHY ??? THEY DONT HAVE GUN OF THEIR OWN. I THINK EVEN NAREN TOO WANTS THE GUN. HE ALSO DONT HAVE. POOR CHEDDY?
Donkey never disobedient to its master... whatever loaded on it, it will take...
Similarly there are few human beings despite lot of evidence of the cheddis involvement in deception... They never want to accept the REALITY of their deception and want to continue like the donkeys take their load.. with their mind filled with lies.
We say wake up guys.. look outside the cheddi installed software in your mind and use your God given intellect.
An intelligent human being will understand when shown with proof... and many times cheddis were caught of their dirty activities of doing their evil acts and blaming others...
Karkera exposed their evil acts...
Writers too exposed them
Bomb blast in their own cell
Saffron IT cell exposed with their fake display of nationalism
JNU video tampered
cheddi wearing burka caught red handed last week...
Cow business exposed too
Pakistan flag hositing too caught red handed
Fake FB account too caught red handed...
Only God knows how much bombs they keep in their own temples to create unrest in the society...
Naren, you must be Godse's elder brother....calm down guy....we all know what is RSS all about.....
No wonder. Over and again they openly admitted that they are the manufaturers of terror factories.
Jihadis are having honey moon period as it is khan grace govt as this govt licks their feet ....but everyday is not Sunday ....if jihadis are so powerful...they must directly fight ...not from behind ....if jihadis were so powerful they would have ruled whole world thru oic ...but looking at their mujra infront of Israel only we can make out hahaha....if sangh decides jihadist forces shud run for cover like how they ran in gujarath and muzzaffar Nagar ...we are showing maximum restraint becoz we honour our constitution and respect rule of land....bholo Bharath mata ki jai ..jai sangh parivar ....
We already carry it inside our jockeys......what about chaddeez...if they don't have then why they are wearing it..
.
@Brother Venki Cracked a good Joke.Joke of the Millennium.
Do we have another sample like VENKI in India.Please let us know.We need to send to the Kargil area to entertain our Soldiers.So that they can relax their mind by listening such Jokes.
G
What a funny guys they have with them. Mangana Kaiyalli Manikya...
Give them rights to allow Weapons as well allow them to Shoot who ever they wants.
Aur kya kya chayiye? Ek lambi list karo aur khadey hojao line mey.. Dharpok insaan.. LOL .
Some are getting Y guards, some are for Z guards.. Some need x guards.. Until when you chaddis will keep begging??
Hahaha. Saale Darrpok. No doubt they are criminals. Because they are always afraid of death. Noorukala iliyagi baalokkinta mooru kaala huliyagi baalode melu.
Someone was barking before that 60% of the police are from RRSS....
Where are they NOW ... why dont they Protect Your own men even after we citizens pay from our tax money for their jobs.... U cheddis are useless in taking responsibility to protect the society and now they dont even able to protect their own members..
Are the 60% turned their hearts and became good and thought of helping people rather than continuing supporting the cheddi evils... if it is, then it will be good for the people and the society...
Dear,
Please now itself list out your other demands, we will support for police commissioner permission.
Hope your request is to only for your so called brahmin community ?
Disaster, dont forget that they killed father of nation, Mahatma Gandhi, cant trust them at all....
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