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.
Comments
Urgently he should visit a psychiatrist!!!! friends would you like to suggest any doctor in mangalore????
Even at this age Yeddi did not lose the sense of humour!
No doubt.. this time BJP will win and yeddy will be our CM.. Jai yeddy. Jai Bharat
BJP is the eonly one party in INDIA taking care of Muslim community. A small list as follow Beef Ban;Head Scarf ban; Objection on prayer call;Objection on religious teaching Madrasa now the latest with TAJ MAHAL.
Since bjp and their leaders are supporting from all corner with Muslim community then how the Muslims go against bjp. for Yeddi and Shobha they will support 100%
I am a muslim, and do not support BJP or yedyurappa
Modi wave we cant see not even in north states. In karnataka congress will win.
Yeddurappa proving he is shameless creature.. How can he say that.. He and his party all against Muslims and still telling that they are in good terms
Yeddy cant even dream of that.
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