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
Haha gabbu beary ...aithu kandi dini hogappa ...fish sales ge time aithu ...haha ...
Jihadi galige jai annodakke kalla ander yaavaglu ready ...name itself says every thing ....
FYI ...faizhal Bhai avru swimming practice maadtha iddiddu ...ganapati na mulugislikke ...not to kill as u guys think ....case already close ...en Bhai ...belagge bega bega message haaki bitideera. .Dana kaddiro lorry bega bantha hege ? Haha...
I would like to express my heartfelt solidarity with my beloved brothers ? Riyaz, Athaullah and all others comrades! Jai CFI.
Naren and Viren.....
I don't know what you uneducated goons are commenting........abvp got a big zero in JNU elections.......ha ha.....
We know who roam around with lethal weapons.....in the name of swayam sevak.....and go raksha......and live on TV in Maharashtra goons attacking and attempt to murder a police officer on Ganesha visarjan.....what you have to say.....
It is a good sign for PFI because now you think of joining secular colleges instead of communal colleges.Why do you want to satudy in such communal biased colleges.
These people donno that. Police are cheddies. Because of these police People are taking law in their hands.
Naren i think ur 10 Paisa kammi. Talking nonsense everyday.
Naren bhai.. you have given a list of murdered people and called them peace lovers. Solpa correction madkolli... Actually they were \beef piece\" lovers like you."
I heard from local sources that they were armed with lethal weapons ...put goonda act on these third rated goons ..how dare they can attack police officers ....maklige sariyaagi ikki ...
jihadist attacks on police and schools are nowadays very cmon...where as their community members are busy giving lecture on peace ....many PF the kasargode Isis militants are linked to PFI and CFI ..Indian intelligence must monitor jihadists ...same PFI is accused in 8-9 murders of Hindu peacelovers ....be it charan poojary or raju or Prashanth poojari ...polali ananthu ...candle santhu
Mohan ABVP rightly said .... ABVP will not tolerate if anyone attacks Police. Because Police men are wearing also Khaki chaddi inside. Police also belongs to them (RSS).
@ Abdul Samad
Yes you are right. Commissioner told the normal people to raise the voice whenever there is injustice. CFI students raised their voice against injustice but police are not even ready to take the memorandum So commissioner has to f
Srinivas college took revenge against these students. Down down srinivas college. Let us all fight for justice.
Yesterday at town hall programme our commisioner of police asked the decent people to raise their voice against injustice! When the young activist raise their voice they are treated with lati with oppression!! Waw what a hypocrites!! As we all know 60% of police are RSS activists. nothing to worry CFI leadership capable enough to resist democratically!!
Why the police version is not mentioned in the report? I request CD reporter to be impartial and add the version of police too. one sided story we dont want. We know very well who these guys are.
Three policemen were attacked by CFI terrorists. What the hell other policemen were doing? Why cant they use their guns to finish those who attack policemen?
Dont blame our college for no reason. This case has no link with hijab ban issue. Actually there was no need for a protest two weeks ago. College was ready to withdraw hijab ban if the parents of the students collectively wanted it. CFI just tried to get political milage by staging a protest. And now they are supporting ragging accused. what a shame!
I dont think anyone will lodge false ragging complaint. Something they might have done in the past. the college used the opportunity. CFI wanted to become hero and turned zero.
Very sad. What was the need for the police to cane the CFI activists? They could have accepted the memorandum and throw it into dust bin if the demand was not genuine. Unfortunately this happened within a day after leaders of different community came together for a better mangaluru.
Marlerr!!!!
jokers of the year
wow good shot!!!
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