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.
Police used mild force to disperse the protesters in which some of them received minor injuries.
Comments
Good Treatment to Swami, appreciated...ha...ha..ha............
When the mind is empty about the knowledge of the CREATOR , YOU all will find people like SWAMY & their fans spread the hatred & support the EVIL without the knowledge of accountability of the DEEDS with the Creator. When we live in FALSE ideology - we tend to do INJUSTICE to the innocent and OPPRESS them...
Dear Swami and his fans should learn more about the CREATOR of all that exists.. who created the SKY without any Hole in it.. Please look up the SKY, try to find a whole .. LOOK Again try to find a hole... and then PONDER and think on the creation... The CREATOR will guide those who Ponder on his verses...
QURAN asks human to think & PONDER on the verses of the QURAN. and implement and research with the LIFE which ALLAH has given us... Many Scientist have already proven & accepted the word of ALLAH and with their deep study they are PROVING its the word of GOD which is FAR FROM IMPERFECT -- Praise be to ALLAH alone who created the heavens and earth...
Subbu Swamy...Deserves These kind of welcome...Don't Throw good tomatos.Throw only waste. Otherwise he will catch & cook it.
Why swami never tell about vyapam scam, chiikki scam, food scam, lalit modi scam? He only shows at others. First let him look into his own party memebers
An insult to rotten eggs and tomatoes. Swamy need stonewash.
indian Drama Leader,
FreeSpeech is the private property of Marxists on JNU campus -- not open for Ramdev or Subramanian Swamy.
Unlike Kanaiyah.....he survived.
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