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
o Muslims you are not powerless, may be govt running is bigger than us but you are not powerless. many people are waking up and realizing that Islam is wonderful religion, full of honor & dignity. As Muslims we have a lot job to do. RSS is in business of dominating our country and they are using state resources to kill Muslims and elect those who kill Muslims. We need to carry the message of Islam not the message of violence. RSS want Hindus to live in a state of fear where they can manipulate and manage them. Govts we have here now have become hypocrite. if govt. is truly democratic it should work for people.
Now things are manageable. No meaning in scratching the head when things become not manageable. We need Hindus to sit down and read Quran once in their life time. Quran is way of life and is system of life which actually works. Stop the fear of Islam. Islam is not your enemy. Islam doesn't send you bills to your door step. Islam doesn't kill you when you drive on the road in the morning. We must stop the business of blaming Islam & Muslims. If we do not something quickly then we will be in state of fear which you wont believe and it will be such a dark place to live because money & power may be major problem which is going to come to the mankind. rich & poor gap is widening. Allah knows best. May Allah guide us all. Ameen
This chap was the HM that time , why didnot he stop ? no he is coming and telling the biggest lie ... no wonder congress got tight slap ... 100% we will ensure they will lose karnataka and kerala too ..kerala they have alliance with muslim league , which divided our nation . so midset is clear
they want rashtradrohis vote , so they can get into any level ... same afzal guru encouraged millitants to rape and kill innocent kashmiri pundiths ... more than 10,000 pundith womens were raped by islamic thugs and more than 60,000 killed and more than million driven out of kashmir ...
If sanjaydath is Muslim then definettly excuted
O MUSLIMS YOU ARE NOT POWERLESS, MAY BE GOVT RUNNING IS BIGGER THAN US BUT YOU ARE NOT POWERLESS. MANY PEOPLE ARE WAKING UP AND REALIZING THAT ISLAM IS WONDERFUL RELIGION, FULL OF HONOR & DIGNITY. AS MUSLIMS WE HAVE ALOT JOB TO DO. RSS IS IN BUSINESS OF DOMINATING OUR COUNTRY AND THEY ARE USING STATE RESOURCES TO KILL MUSLIMS AND ELECT THOSE WHO KILL MUSLIMS. WE NEED TO CARRY THE MESSAGE OF ISLAM NOT THE MESSAGE VIOLENCE. RSS WANT HINDUS TO LIVE IN A STATE OF FEAR WHERE THEY CAN MANIPULATE AND MANAGE THEM. GOVTS WE HAVE HERE NOW HAVE BECOME HYPOCRITE. IF GOVT. IS TRULY DEMOCRATIC IT SHOULD WORK FOR PEOPLE. ALLAH KNOWS BEST.
NOW THINGS ARE MANAGEABLE. NO MEANING IN SCRATCHING HEAD WHEN THINGS BECOME NOT MANAGEABLE. I NEED HINDUS TO SIT DOWN AND READ QURAN ONCE IN THEIR LIFE TIME. QRAN IS WAY OF LIFE AND IS SYSTEM OF LIFE WHICH ACTUALLY WORKS. STOP THE FEAR OF ISLAM. ISLAM IS NOT YOUR ENEMY. ISLAM DOESN'T SEND YOU BILLS TO YOUR DOOR STEP. ISLAM DOESN'T KILL YOU WHEN YOU DRIVE ON THE ROAD IN THE MORNING. WE MUST STOP THE BUSINESS OF BLAMING ISLAM & MUSLIMS. IF WE DO NOT DO SOMETHING QUICKLY THEN WE WILL BE IN STATE OF FEAR WHICH YOU WONT BELIEVE AND IT WILL BE SUCH A DARK PLACE TO LIVE. BECAUSE MONEY & POWER MAY BE MAJOR PROBLEM WHICH IS GOING TO COME TO THE MANKIND. RICH & POOR GAP IS WIDENING. MAY ALLAH GUIDE US ALL. AMEEN
Sumesh,
The life starts when you are Died.. and surely we will come to know who is our CREATOR and the life after DEATH.. Seriously U need to learn about our CREATOR who promises heaven and hell and will give JUSTICE for the injustice done in this TEMPORARY material WORLD which many people are running over this... THINK and PONDER on who is worthy of worship . and learn about life after death... If U are honest the one who gave life will guide U>
in UK as per constitution no suspect can be detained for more than 6 days if they dont have any evidence . i don't know from where sir Ambedkar studied the constitution and implemented . In india a suspect can be hanged. laaa hawla wala kuwwatha illa billah.
Mr. Chidambaram should have said this information before his killing so that we could have saved an innocent man going in to gallow...how can a government answer this to God...some god will ask question with PM like hanuman, krishna, ganapathi etc....these Gods know real truth if Chaddis are believing in them....or they could have at least consulted Cow Goddess...
Every LIES will be OUT & EXPOSED and People will know CLEARLY the CHEDDI deception In-Sha ALLAH... People should go with the TRUTH , and not support the LIARS & DECEIVERS without VERIFYING the TRUTH.
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