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
Mr. Udbhav,
Please mind your own business, we are demanding a flag for whole state not for any extremist group like shivasene.
Religion, : Everyone should know clearly about the basic of religion.
1)What is religion,
2)Why is it required.
3) What will happen if not followed it.
1) The religion is not invention of mankind. It is set of instructions prescribed by the creator of this universe.
2) It is required how to lead the entire in this world. Also to succeed in other part of the life which is after the death.
3) If not followed, the God should say clearly what is the consequence of violating its teaching.
It is mostly believed by most of the religious people.
the question is which is the right religion.
People might think is there another life after this life. Yes definitely there is. If not why the God has created this world. He has not created for his fun. there is a strong reason, the people will understand if they really read and understand Quran.
Therefore I strongly believe, no need to make new religion.
Also there can not be more than 1religion. Because all of us believe without any dispute there is only 1God. Then how is it possible to have more than 1religion. This is common sense. But people should have patience, wisdom to find the truth.
study some existing religions.
All of them are not true for the reasons above.
Choose the religion, which is the right religion.
Dare to know and follow it. This is your right.
Please dont react Chaddi Naren...Let him do bla, blaaa, blaaaa...when there is no reaction one day he will stop....wuffff....
Modiji thoda yahan bhi dhyan dijiyoo.... instead of giving attention towards cow issues, 3 talaq issues and Women rights in Islam could you please turn towards to improve the quality of Indian Airlines..During the rainy season, to travel by AI or Indian Airlines means, feeling like we are going to committing suicide.
The more someone hate Islam, Islam grows more ,
Alhamdulillah
viren dont b upset ,your statistics are wrong , b a truthful and NIA is busy now wil try later
Every state should have its right to practice whatever deems to be right for them.
Nobody should impose, dictate to say what should they choose for
Food habits, eat, drink, practicing religion, language, etc.,
IT is their right. They have free choice as long as it does not hurt others.
Flag is not a big issue. It can be a symbol of identity.
This man is talking exactly like our Eshwarappa. These people became leaders not on merit, it is at the cost of stupidity of their followers.
Innalilahi wainna ilaihi raajivoon..
A big shock, and unbelievable news.
'Ya Allah' grant him place in jannah Aameen...and grant him magfirat and sabr for his family members..
Exactly Viren...its not a big loss for Hindus
But its a proof that Islam continues to be fastest growing religion
In school assembly they tell us to say...
All Indians are my brothers and sisters... then why we marry Indians.
Teaching us wrong things..
That's why Rajiv Gandhi married a foreigner. But why did Modi married a Indian women.
Masha Allah..... May Allah give Hidaya to Viren Kotian....
Hinduism is fast growing religion in the world or terrorists growing rapidly in Hinduism, please make sure what you have written is correct and in conscious stage?? Apart from India where you can get the majority of your religion viren.. be matured and talk sensibly!
ALLAHU AKBAR FOR GOOD NEWS..SUBHANALLAH
FIRST TELL THEM THE MEANING OF IT. WHICH GOES AGAINST ALL RELIGIOUS BOOKS
Dear Viren,
This is not a fake religion or man made religion.
ISLAM is the TRUTH
YOU should verify by all means to know the TRUTH.
QURAN is a guidance to MANKIND not just Muslims.
Not just indians thru out the world ISLAM will grow day by day...
It is not acceptable in ISLAM to force anybody to become muslim. ALLAH knows what is in our HEART.
Muslim means one who submits to the will of God ALLAH.
There is no God but ALLAH and Muhammad is the messenger of ALLAH who conveyed to Worship One God ALLAH.
Allahu Akbar. If they kill one, Allah(swt) replaces with 13! You plan, but Allah(swt) too plans, and HE is the Best Planner.
Good thinking.
When you are thinking of new religion, don't hurry.
The selection of Religion should have valued criteria and basis.
Otherwise it has no meaning.
What is the religion, not by changing name, temple. You are not dictating the religion. The religion is dictating your entire activity of the life from creed to grave.
The religion is a guidance from the God. You have to search for the right thing around you, which is already existing. When you believe in God, you should also believe the God has sent you guidance to you. It is your duty find where is that guidance.
You don't need to invent the wheels. Just look for the right thing already available around you.
Also please don't look into the people of any group, study its ideology. There are many people who represent the religion but they don't know what to covey and reach it.
May God help and guide properly.
May Allah rest Brother Bashus soul in peace.
Add new comment