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
Some cases people do not know how pakistan flag looks and Islamic flag ... just see green colour and assume pakistan flag... last time SRS member hosted pakistan flag not islamic one..
pakistani flag nowhere near to islamic flag. Green is not islamic flag
What a comment from Master Blaster Ganeshanna are you Citizen of Hindustan? A flag issue you are sending a Indian Citizen to pakistan is it Fair.. YOU biggest buffoon's doing to our Great Hindustan !!!!!!
What you thought about Hindustan, we are proud ourselves like Peanut we do not care Anna, Gangasara makes things very difficult!!!!!!
Jai Hoo Hindustan.
By the way where we can send this Rama Sene for hoisting pakistan flag? Please suggest a country @ Truth Mangalore, Ganesh, Unknown.. Please suggest them a country too,
Many readers here are suggest to arrest the youth and kick him out to Pakistan for hoisting Pak flag (not yet confirmed). However, they are hiding to tell the truth about hoisting Pak flag by SRS terrorists. Instead of asking the culprits to punish, they had supported these goondas. This was done only to blame minorities. In the particular case also i doubt that it was fabricated by sangh parivar. This should be investigated and the person should be punished in case he really hoisted pak flag. However, please make is clear that he is not mentally sick.
enquire about the person who is behind and put him behind the bars....what about the pakistani flag hosted by sri rama sene member before ?????????????? where we need to send him.
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