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
Salute to such Gurus (teachers), who giving the youth real path and message of peace and harmony. JAI HIND.
\ SHAME ON THOSE PARENTS\" who support their chilnder on such kind of protest, for girls covering modesty. Evern those parents may support their childern/goons if they protest for girls NOT wearing mini skirt ?"
Manjunath
Before banning college. Remove hijab from sita matas, durgas idols.
Karan singh and mahesh. Sita mata used to cover her body, which is called hijab in arabic. We all respect her. I think ur going against sita mata.
Who the hell are these goons to tell us what to wear, what to eat.
One day they will tell to wear only saffaron chaddi.
Mother therasa used to wear hijab. Even sita mata used to wear hijab . . These people cannot be called as hindus. Worst than ravana.These people don't have problems with sunny leone dress. Sorry no dress.
Its good to see, that not everybody thinks the same way.. just wondering.. do these people come to college for education for better future or just to see who is wearing what.. who is talking to whom.. come-on guys dont spoil your future and become puppets of politicians.
Karan Singh, you ______.....
Mahesh and Karan singh .... If you disturb the peace in the society, both of you will face the same fate , as of Rama sena leader Jayant Naik who has been expelled ( Gadipar ) from the UK district .... try your luck ....
LET THE GOONS WEAR SAFFRON BIKINI.
will wear saffrom loongi and shawl,
its their wish to wear it, let them wear it, why u making small issue an big
ban this college!!!
All Praise is to Allah , The Lord Of The Worlds
Dear Mr. Well Wisher Riyadh, brother Totally shirk in islam clearly mentioned in Quran, Wearing a non Muslim traditional Dress in Islam.
student please Concentrate on your studies, because in bajrangdal all are jobless and uneducated.
this principle gone mad, he wants to fight with our any situation will not allow hijab inside the college.
principle will c u soon. big protest will take place
Dear Brother K K. Acharya,
You have said well. We need more people like you from your community to talk fairly and boldly.
May God bless you Sir.
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My dear Hindu brothers and sisters,
Try to learn at least few basics of few main religions around us.
First of religion means the way of our daily life from cradle to grave.
- Therefore the life to be lead as per the commandments of God but not as per our individual wish.
- Within the bounds and flexibility of the religion we can have our choices in dress, food and many other parts of life.
- As long as we don't transgress the bounds and norms of commandments of the God, everything is admissible.
The basic teaching of Islam
- Islam has come to this universe as Ultimate and the only Guide for humankind until the existence of this world. The God Almighty says this is the only acceptable religion.
- Therefore all the Muslims have been commanded to convey this religion to everyone, Unfortunately very few Muslims do this job and most of them don't do it. Therefore Muslims are held responsible for failing to do this job of conveying the truth. Muslims will face the consequences for their failure of non-compliance to the Creator's commandments.
- But it is not yet all allowed to IMPOSE BY FORCE.
If the people choose wrong faith, they are solely responsible with their CREATOR.
Very simple and straight command
Stand with the principle...
In hindu religion too its a respect to cover their head. the things is most of the hindus are not following their scriptures... U can see it is still maintained in rajasthan and other areas of northern india...
Dears,
Muslim girls are wearing hijab as a part of religious requirement. No need to make your face red. Simple solution. You wear Red shawl & Hindu girls can wear orange scarf. Muslims will never oppose. Islam is a religion of Tolerance.
Good decision.... allow the goons to wear chaddis, shawl, langotis as they wish ........
Effects of saffron poisoning.
Principal is rocking...well done....
Why the hell you want to ban scarf? Let them wear. What you are going to lose? If you want ask your sisters and mother not to wear. But stop poking nose everywhere. You people are a major threat to peaceful Hindu religion. Hindus are ashamed of these saffron goons.
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