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
D
ear KK,
Thank you for highlighting the meaning of DEEPAM.. We Muslims believe in ONE GOD(ALLAH) and we believe ALLAH created all that exists including mankind, animals, jinns and natural universe and associating partners with ALLAH is a Great Sin... To prove that ALLAH has sent many messengers to this earth, the prophets of God conveyed the message of oneness of God and we should worship him alone and not take created things as God. Fire is a creation of God, When we ask or worship the Fire. We ourselves are putting in more danger of going far away from God. Quran is the book which is given to Prophet Muhammad pbuh, the last and final messenger of ALLAH. Quran is still the same without any concoction or addition from that time. We should read the QURAN (quranproject website for better understanding) to undestand and PONDER on its Verses. If U are honest YOU will see the guidance from ALLAH... Lord of the universe. I wish YOu worship NA TASYA PRATIMA ASTI (The god that has no image) . Worship the CREATOR not his creation.
I think MUSLIM leaders should honestly say the TRUTH to those who want them to light the DEEPAM and stay away from such rituals... If U think U will not get vote from hindus....Then think all hearts are controlled by Allah. Its easy for ALLAH. Atleast be HONEST and help the community.
Dear KK,
Thank you for highlighting the meaning of DEEPAM.. We Muslims believe in ONE GOD(ALLAH) and we believe ALLAH created all that exists including mankind, animals, jinns and natural universe and associating partners with ALLAH is a Great Sin... To prove that ALLAH has sent many messengers to this earth, the prophets of God conveyed the message of oneness of God and we should worship him alone and not take created things as God. Fire is a creation of God, When we ask or worship the Fire. We ourselves are putting in more danger of going far away from God. Quran is the book which is given to Prophet Muhammad pbuh, the last and final messenger of ALLAH. Quran is still the same without any concoction or addition from that time. We should read the QURAN (quranproject website for better understanding) to undestand and PONDER on its Verses. If U are honest YOU will see the guidance from ALLAH... Lord of the universe. I wish YOu worship NA TASYA PRATIMA ASTI (The god that has no image) . Worship the CREATOR not his creation.
I think MUSLIM leaders should honestly say the TRUTH to those who want them to light the DEEPAM and stay away from such rituals... If U think U will not get vote from hindus....Then think all hearts are controlled by Allah. Its easy for ALLAH. Atleast be HONEST and help the community.
Deepam - Lighting the lamp.
HINDUS while performing puja , prayer or any religious function light the deepam. It is the starting of the prayer.
These ghee or oil lamps, called Diyas, are meant for performing Puja according to Hindu customs and rituals.The reason for lighting a lamp or deepam is - Fire is the conveyor of our prayers & sacrifices to the Gods. Fire is also a God of divine knowledge, who leads man to the Gods. He was one of the most important Vedic Gods.
Vedic rituals all involve Agni. Agni is present in many phases of life such as honoring of a birth , prayers , at weddings - the homam where the bride and groom circle the fire seven times known as sapta padi. During death also, fire is required.
Agni is the one who knows all things that are born, created or produced. He is the God of will-power, united with wisdom.By lighting a deepam , fire enables human beings to cultivate strong conviction and belief in God. It helps to develop a meaningful faith and deep devotion to support a dedicated mind towards God.
Before starting our daily prayers, we light the Oil deepam by chanting a shloka
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