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
sangh parivar is trying sabotage karnataka by voilence, loot, disturbance, distruction etc. They are agitating for no reason. Their leaders are desparate on the publicity of congress Govt and have hired unemployed goons to create trouble. Police should arrest bjp MLS from Sirsi for being responsible for the voilence which resulted in loss of property worth crores of rupees and Court should order bjp to pay for it. Leavy fine on this hate monger bjp mla who is useful for nothing.
simha you can now report to amit, that your friends were able to do a violent protest, and despite your failure this one was a good one. it can be used to say that the government is undermining majority ;). ….but central remains yours and how can you undermine the majority???oh thats the RSS way of agitation
They are trying alll the means to win next Poll. i dont think these outfits are from same city. spreding communualism is the main intention of these goons to try and harm as much as possible to make to next election..
Anti Nationalist set IGPs Car on fire. Pathetic situation of Police Dept. in Karnatak. Send all anti nationals behind the bar.
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