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
Real face of India
Hats of to Bahrain PM. Thanks for helping poor. Our PM is busy with Foriegn Trips. Once he is back he will start Mann Ki Bath. No time.
@ Real Indian - Tired of hearing such jokes.. Please kuch aur sunao bhakt :D Why we cant blame praveen cowgadiya?
Dont blame Modi, he has given crores of rupees of Indian tax payers money to Orissa, blame the despot naveen patnaik, pseudo communist, who has failed his people
And bhainchod suar ka pilla has no time for the poor ! Must b preparing for another selfie with his g@nd towards a big black mamba ! Saaala suar busy in monkey baat !
If anyone had watched the \Ekees thopon ki saalami\" movie, this is what should be done to the Politicians and government officials when they pass away. Human nature seems to be disappearing from the Indian psyche. And should I feel proud to be an Indian?"
PM will say what can I do, it's CM work.
CM will say what can I do, it's hospital responsibility.
Hospital will say what can they do, no one asked them for vehicle.
When those sitting in responsible chairs cannot do anything, obviously someone somewhere may act. This time its Bahrain PM.
Our PM is very busy man....
I think Sushma Madam would be a better choice for PM than Moddi sir... heard she is very active in responding.... She is responding to all tweets... keep it up madam...
Slap on CMs face, still he is showing his arrogance, his response in bangalore was \i will look into it\" doest know that as the leader of his state, he carries great responsibility, even the prince of the royal family of bahrain responded, now the whole world sees what a despotic place Orissa is and how degraded it has become, inspite of crores of rupees of central assistance, hope he resigns in disgrace"
People dont help when someone is alive, what can you expect from us to do, once a person dies.
All the people feeling bad about this situation, would have passed by this poor person, without helping him. Words and Action dont rhyme in this nation.
The poor/under privileged are living a life of death and the dead have no place to go.
This incident is no ones mistake, its the fate of poor people.
No one is responsible. No one.
These people are considered Dalits & OBC so not a priority for any political party until elections....Forget PM , his hands are messy with Kashmiri pulao on his plate , ...why is the Odisha CM and even Home ministry silent ?
Talking of \HELL\" ......to this family, hell ...is here at home !! sad
If RSS gets involved with helping the communities here......they'll surely get their Conversions quota too...."
Dead people won't vote. Why should politicians care for dead people !
Ask Modiji about his mann ki baat about this incident. Acche Din are only for Ambanis, Adanis etc. For people like Dana Majhi acche din is only in dreams.
This is what Islam Teaches. Muslims do not judge people by their CASTE or COLOUR. Try to learn about Islam before its too late. Because a day will come where you have to bit your own finger for not realizing mistakes and for not accepting the the TRUE religion.
tax will be charged for the donation by Indian govt.. That's for sure.. Shame, a big shame..
all issues and problems in odisha is due to present cm navin patnaik never questioned.un opposed and un married like feku smooth operator. if his close friend wants to help his friend all his unquestioned support in lok sabha by his obedient mps. since neaeen problems are personnel. only aasaram bapu can help him with his resources and bapus self deep knowledge, feku should go out of the way and help naveen. may be he can send bapu with his full team on parole to kalinga emperor patnaik.
bharath mata ki jai
lower caste, Muslim and tribal are continued to be oppressed and suffer in a country where seventh richest people live. Exploitation of lower caste is divine and is authorised in the holy books too. Kind gesture by a muslim ruler explains how 500 years back most of the low caste got converted to islam to live and die in dignity.
Thank you his highness.
Is the Collector of Kalahandi is not a family man? How did he ask such question when the poor man was carrying the dead body of his wife along with her minor daughter from the bed of Medical. Thanks to His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa,Bahraini for his generosity. In our country, no one is looking after the interest of poor.
If Modi has paid 15 laks as promised, then Dana Majhi, would not have seen this situation ....
Prime Minister from a Tiny muslim country feels the humanity.PM of our billion people & other rich tycoons of country never bothers for humanity.
But , Islam show always the humanity.
Dear Naren may he is from bangladesh ?
In reality it is the responsibility of the authorities to look every citizens of that country... But as the news spread in social media, all the political party who should have been working prior to the incident are now becoming active and taking the lead in misguiding the people....
People should understand the reality and elect the leaders who are working in your area... its time that WE people should unite and work for the betterment of our society and reject those who try to disrupt the society... Recognise the leaders who work in your area and prepare for it.
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