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.
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. U GUYS CANT BE HAPPY BY BLAMING INNOCENT CHILDREN AND THERE PARENTS . UNITED AIRLINES (PILOT) U DID A BIG MISTAKE . GOD WILL TAKE CARE OF WHAT U DID WITH THE INNOCENT FAMILY.
SUMAN,JOHN,XAVIER.. WHAT KIND OF HUMANBEING R U GUYS ?????
NO HUMANITY .
WHAT IF U AND UR FAMILY WERE KICKED OUT ? WOULD U SAY FANTASTIC !(JOHN) WOULD U APPRECIATE WITH UR PILOT'S FINAL DECISION !! (XAVIER)
U R NTHNG BUT SHIT IN UR FACE .
REMEMBER U WONT BE GOOD BY BLAMING INNOCENT PEOPLE .
THINK BEFORE U TALK . BCS ONCE ITS SAID ITS FINISHED .
SUMAN,JOHN,XAVIER . BLOODY PEOPLE U R .
WHAT IF U AND UR FAMILY WERE KICKED OUT OF THE PLANE
WITH OUT SHOWING ANY PITY ON U PEOPLE ..
AND U BLOODY XAVIER IF I FIND U IN ANY PLANE I WILL BE THE FIRST 1 TO KICK UR FACE ... CREEPY PEOPLE .
Guyz take it positively. I mean think of it - we Muslims didn't do anything wrong, they accused us of terrorism, they set up the stage to create fear of Islam and it falls back on its own people - they fear us for nothing..!!
There was another news about the same United Airlines that a Man wanted to do Yoga (?) on flight, and threatened to kill passengers if not allowed.
Dear Muslims, please understand
#YOGA HAS NO TERRORISM ..!
#Not All YOGIs are Terrorists, But All Terrorists are SANGHIS..\
Ouch..that hurts :-P"
# 8 JOHN...
Please Read BIBLE...dear
1 Corinthians 11:5-6
-----------------------------
But every Wife who prays or prophesies with her HEAD UNcovered DISHONORS her HEAD, Since it is the same as if Her HEAD were SHAVEN. For if a Wife will not cover her HEAD, then she should cut HER HAIR SHORT. But since it is DISGRACEFUL for a wife to cut off her hair or shave her head, LET HER COVER HER HEAD.
Dear Ram,
This is called MEDIA mind wash... and U r a victim of it...
Many times cheddis were caught doing the same act which was blamed by the authorities who control the media. Many people like you are fooled to believe what is said in the Media.
When people like U, doesnt think and follow blindly what is said in the MEDIA .... it shows how your thinking lies..
Dear Suman,
Don't be afraid of MUSLIM, but afraid of GOD(ALLAH)...who created you & me..
Dear So called RAM ........if your RAM would live ...he would cruch united Airlines company in Bin...its people like you who follow Trum with saffron Trumpet..................who polluted RAM's name
We Muslims expect this ... cos the World all over are ignorant of the TRUTH and the GOD that created us and all.
The only thing they believe is what is said in the media...
Dear Mankind ...
ALLAH says in QURAN that he is the LORD of the heavens and the EArth which U are living...
QURAN : READ it, verify it and REsEARCH it...
When U believe the MEDIA why cant U look at what Our CREATOR says in the QURAN...JUST LOOK and try to understand what YOUr and my CREATOR says to US.
Believe only after U read it.. We are not asking you to believe just like what MEDIA does to U guys which forces U to believe what is said in IT.
ALLAH says mankind is the intelligent CREATION of his creation... It will be PROVED when we look WHO is our LORD... it is better to look once to QURAN rather than stay like animals without looking what our CREATOR says.
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