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
Your topic is outdated... people know your evil intention to make peaceful hindus and muslims fight each other..
It would be better for you to look Who is our CREATOR and how he wants our life to be lived rather than only creating evils in the society...
the word 'Hind' in arabic means 'India\.. in that context , what he said is correct.. all indian nationals are Hindu nationals , irrespective of their religion.. there is no religion named 'Hinduism\"
Name 'hinduism' term used by british for easy survey.. other than Muslims and christans, all others included under 'hindu' label."
Mr. Chaddi guru please shut up your mouth. Suggest to think at least 5 times before your speak
India does not belong to any communal group. Only freedom fighters and their alliance permitted to give any comments advise. chaddi desh drohi has no right to talk about HINDUSTAN.
Jai Hind!
Who r u to decide who is who?
If u go to Kerala and Tamilnadu they don't understand word Hindusthan....He He He....
So Modi slogan India First will change to Hindu First. Eventually it will turn to sangha first. Looks like he is on drug. RSS has accumulated and looted large sum of Indian money since Modi came to power. CBI has to investigate every RSS member account.
I dont find anything wrong in this . Ofcourse we can also be called Hindus .as Hindusim is not a religion , it is a way of life and people staying in a geographical area ..we Muslims have lot of tradition and culture imbibed by our hindu ancestors , dargah worhsip is also one among that ... we are hindus Mr Mohan bhagwath ... hindus or bharatiya is fine with me . you guys belongs to sanathan dharma ... we belong to islam .. but i strongly believe we are hindus ...
WHO IS THE HELL YOU TO DICIDE, YOU ARE A JUST TERRORIST GO AND FIGHT IN BORDER,
I am working is Gulf.... and every Indian here is called HINDI irrespective of which religion he belongs to... So what's a big deal...
By the way Hindu/Hindus is not the real name of the religion. It is called Sanathana Dharm... Unfortunately loads don't know this fact.
Hindu/Hindus is the name given by foreign invaders who came to India in the past.
Correct me if I am wrong
Which nationality his balls belong ???????????????????
Ajjer na posa raaga surand.......aklakulu benpunu aklakul thinpunu hindu aanda daane muslim aanda daane ? .ajjere jankle badhkare budle...chaddi nuppu korpujji....
Its Great to hear from him Mr. Bhagavat about Hinduism why he reminded only about Muslims( may be upcoming UP Election) why not Dalit and Cristians why he spared them from Hinduism by the way if you study the deep root of Hinduism you will never find its a religion its a practice of all culture and morals of the land called Hindustan those who were living in the bank of Sindh and mohanjedaro in the earlier centuries used to calls Hindus people. Now RSS want to re write the history of Mughal kings are may be called Hindu emperors the easy example like Akbar the great.
In the first place this person and his RSS supported British rule in India then what the hell is he knows about Hindu culture.....afterwards his party man killed Mahathma Gandhi....terrible people......but he does not have any right to teach Muslims what to do and what not to do.....Muslims know how to respect one another's religion and tradition....He should mind his own business....
Mohan Bhagwat should be an Indian and respect all Indians first. He should denounce statements from various sanghis on patriotism of non-Hindus. Mohan Bhagwat should respect Indian constitution and urge all the hate mongers to respect it.
Poor old man does not know what & who is a HINDU. It is nowhere mentioned in the so called scriptures they believe. After all the name HINDU was given by MUSLIMS. Pack of Jokers!!!
People live in France are called French
People live in Briton are called British
People live in Indonesia are called Indonesians.
This Sanghi have no idea at all what we call ourself?
Those live in India are called as Indians
Those live in Bharath are called as Bharatiya
Those live in Hindustan are called as Hindustani
Not all Hindus. But, we have a majority population who are Hindus.
Do not forget that all mankind born as Muslim... (Adam A.S)
Take time to study about Islam....
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