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
It clearly shows the fear of Muslims inside the hearts of these Transgenders.
Pandey Kuch bhi..... no one can stop us from consuming beef. Better u and ur followers know it first that its Mangaluru not Dadri. U will not find here any Akhlaq so easily. This is mangaluru jus keep it ur mind
Is is the duty of SK police dept to take action on such anti national group. Hope they will do their duty sincerely by arresting all these anti national deshi drohi terrorist group.
Even they don't have manners,how to attend meeting or to face photographs.
If u really love your mother cow and born to one father ....STOP BEEF EXPORT then come on public stages
No one has forgotten and will never forget....if punished here , it vl be up to a limit, in sha allah one or the other day will reward the wrong doers .....
Oh chaddi anna.. indu dadri ath iregla gotthundu yenklegla gothundu :D hahaha joke malporchi a.. dayeg bhakterna mange malpwer niklu..
All local pakka Gundas, See their face Uneducated, Illiterate people.
All are drinks man....He go to bar eat beef nd drink alcohol... this is his daily routine
Comedy stage shows these unemployed youths are fooled and taken for a joy ride temporarily these people relish the taste of gowmatha please go to any restaurants which serve their lovely tasty gowmatha you will find the majority of visitors to taste their tasty gowmatha are the Hindus and the brahmins I know many brahmins who regularly eat beef so why this natak let these people first solve untouchability racism and inequality within their so called Hindu fold.
Dear Brothers & Sisters of Sanatana Dharma (Hindu),
Kindly keep informing always to your kids, brothers and sisters to stay away from these dangerous elements, now their main goal is to divide our beautiful and blessed India into many pieces like the dirty British/Zionist minded.
Mera Bharat Mahan, Jai Hind.
After the end of dussera. All fake pili gathered together for bread and butter. Every attendees will get INR 500 + Drinks.
BJP imported Advani from Pakistani for their party. All BJP should migrate to Pakistan under Sindh valley for better life.
All Dandapinda gathered together for their bread and butter.
If they are really worried for Cows. Why they don't come forward to stop beef exporting companies?
Because they knows that its run by RSS.
Mun main ram aur dil main kama
try it in mangalore....u will feel the difference and never even say the name cow from your mouths....ha ha....
stay where you are in your limited auqaad..if you cross the limits..then see
People born with land space and time. How can you send part all those things to Pakistan? You can send person to Pakistan but what about the land, space and time he was born with?
Required surgical strikes on all RSS, BD & VHP terrorist training camps in India. We need to keep our Indian land clean from those vermis.
Most of the RSS terrorist become politicians or join police force or become govt employees. May Allah destroy RSS terrorists and keep Muslims safe from them.
ahh, undu oltha posa piece batthini.
We need to send these goons to Nepal....no....I forgot Nepal is a secular country.....wow these goons have no country....
Bela ijjandina bakwaas,,,
Hindu religion is not your fathers property. Hindu religion is full of tolerance and humble . You goons are backed by RSS for their vote bank.
Can anyone talk about the fragrance of Hindusm or to solve hundreds of problems in Hindus., like dowry system , powerty, etc. etc. You people are doing all these functions just to make anti statement against Muslims.
Some of the muslim youth organization became strong because of you people; they are now well organized became strong to fight against you goons.
Somanath the beef exporter is waiting for YOU Guys .. Can you start with him..
Only FOOLS will not understand this old tactics ....
Who the hell are you people to send indians to pakistan or afghanistan... this actors pay tax in crores to our govt, have you chaddis ever paid a single penny to govt or done any good work to society, dont fool the innocent hindu brothers & sisters in the name of religion for your own benifit...... i think this fools bank account has become emty this days
Third class people,
look at there face, people of hell direct ticket.
Jai Hind ........ Bajrangdal Bandh
Moga nokoru......Manishathwa illathanga....inku Popular front rangame sama
Nachige illadavaru .....beligge horata ...rathre sex mathhu beef oota
Manipal Rape case ...soujanya rape case.... bhat sex scandal.... Yara udhharakkagi.....
Hindu ondu...Dalitaranna Kondu
Modi went to Pakistan without informing Indians
All are local goons.
WE WILL NOT FORGET,HELLO HALLI HIDA THIS NOT DADRI,WE MUSSLIM MANGALORE KARNATAKA ,IF YOU DARE DO THE DADRI IN MANGALORE..
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