Global Investors Meet

Amongst the major investors, Reliance has signed one MoU with an investment of Rs 50,000 crore which will generate employment for 10,000 people

The previous Punjab Investment Summit attracted investment to the tune of 8,200 crore, according to the commitment listed on the Summit's website

UP govt is all set to hold its 7th domestic roadshow in Bengaluru on Monday to draw investors to the upcoming Global Investors Summit (GIS) 2023 in the state, an official release said

Adityanath had sent eight teams abroad to hold international roadshows at 21 cities in 16 countries

The Uttar Pradesh government will dispatch teams to seven cities to meet potential investors ahead of the Global Investors' Summit (GIS) being held in February 2023

CM Shivraj Singh Chouhan said MP's policy of providing facilities to investors was the best in the country. The state government has committed itself to extending full cooperation to investors

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said the upcoming Pravasi Bharatiya Diwas (PBD) and Global Investors Summit (GIS) events will provide a great opportunity for branding of the state and Indore, the cleanest city in the country. Indore will host the PBD and GIS in January 2023, an official said on Wednesday. Both Pravasi Bharatiya Diwas and Global Investors Summit will provide a great opportunity for branding of Madhya Pradesh and Indore, especially for attracting investments in the state, Chouhan said while reviewing preparations for the two events on Tuesday. Former Lok Sabha Speaker Sumitra Mahajan suggested the publication of a souvenir. Chouhan said gift packs of select products can be given to guests under the "one district-one product" scheme and the main features of "Madhya Pradesh, the Narmada river, and its ancient heritage" should be displayed at these events. The chief minister also enquired about the access routes to tourist places around Indore a

The state had garnered a little under 10 lakh crore rupees worth investments in the 3-day event held in the first week of November.

ESR Group plans to invest Rs 2,500 crore in Karnataka to set up industrial and logistics parks, data centres, and urban distribution centres. The company said in a statement that it has signed an "MoU (Memorandum of Understanding) with the government of Karnataka, envisaging Rs 2,500 crore investment for setting up industrial and logistics parks, urban distribution centres and data centres." This initiative will help generate 5,500 jobs in Karnataka. The MoU was signed at the Invest Karnataka Global Investors meet in Bengaluru. ESR India, part of the ESR Group, is a leading developer and manager of industrial and logistics real estate with assets under management of about USD 1.7 billion and over 18 million square feet of gross floor area. Abhijit Malkani, CEO, ESR India, said: "Karnataka is a significant market for us due to its mature industrial ecosystem. We aim to bring world-class development expertise in industrial and logistics parks, urban distribution centres and data cen

Karnataka Medium and Large Industries Minister Murugesh Nirani on Saturday said proposals for investment to the tune of Rs 1.57 lakh crore were announced during the Global Investors' Meet (GIM) here. The 3-day GIM concluded on Friday. Briefing reporters, the Minister said the GIM rose beyond expectations as plans for a total investment of Rs 9.82 lakh crore were made. We have received investment proposals to the tune of Rs 9.82 lakh crore (since January this year) out of which Rs 2.83 lakh crore were approved by the single-window/State high-level clearance committee (SWCC/SHLCC) and Rs 1.57 lakh-crore investments were announced during the GIM, said Nirani. There are other big investment proposals that will be cleared by the State high-level clearance committee, headed by Chief Minister (Bommai), in the next three months, said the Minister. He said the energy sector received the major chunk of investment proposals, indicating the government's thrust on alternative energy sources su

Starbucks co-founder Zev Siegl, who was on a visit to India to attend Global Investors Meet in Bengaluru, was seen at a restaurant enjoying filter coffee and masala dosa

Zuckerberg also toured several startup and venture capital offices and met many investors and founders in Bengaluru

Welspun One Logistics Parks (WOLP), an integrated fund, development and asset management organisation, on Thursday said it has signed a memorandum of understanding (MoU) with the government of Karnataka to invest Rs 2,000 crore and aims to create over 6,000 jobs. The company plans to broaden its presence in the warehousing sector in South and signed the MoU at the ongoing Invest Karnataka: Global Investors' Meet. Welspun One seeks to utilise government and private land parcels in the State for the construction of Grade 'A' warehouse facilities and logistics parks, the company said in a release. WOLP said the warehousing facilities and logistics parks would spread across 6.28 million sq. ft. and be built over a 5-year period which would generate more than 6,000 jobs. "Our investment of INR 2,000 crores not only paves the way for Welspun One to expand into the growing warehousing and logistics market but also significantly demonstrates our ongoing dedication to the Indian economy,"

Bommai said the company has been functioning in Bengaluru for the last 25 years and adopted modern technology in supply networks for small units to major industries

Calling the Global Investors' Meet (GIM) a grand success, Karnataka Large and Medium Industries Minister Murugesh Nirani said that the state received investment proposals worth nearly Rs 8 trn

Union Finance Minister Nirmala Sitharaman said on Wednesday that initially when this global meet was planned, the expectations and targets were somewhere in the range of Rs 5 lakh crore

The Karnataka government will organise a startup challenge which carries a prize money of USD 100,000 to the top three successful candidates. The prize distribution will be held on November 4. "We are doing this startup challenge called 'Venturise'. In this, we are giving USD 100,000 as the prize money to top three successful candidates," Commissioner of Industrial Development Gunjan Krishna told reporters on Wednesday. She was briefing reporters at the end of the first day of the three-day Global Investors' Meet (GIM) near Bengaluru Palace. The officer said the announcement will be made at the conclusion ceremony of the investors conclave.

The Karnataka government on Thursday signed Memoranda of Understanding (MoUs) with 50 companies approving their investment proposals worth Rs 5.64 lakh crore on the first day of the Global Investors' Meet in Bengaluru. The highest investment proposal in terms of capital outlay came in the green hydrogen and renewable energy sectors. According to the organisers of the three-day investors summit, the state signed MoUs with seven companies in the area of green hydrogen and its derivatives to the tune of Rs 2.91 lakh crore, while it entered into an agreement with nine companies in the area of renewable energy to the tune of Rs 1.29 lakh crore. In the sunrise sector, 16 companies signed MoUs worth Rs 70,381 crore, while in core sectors, six companies entered into an agreement with the state for investment proposals worth Rs 25,024 crore. In the area of infrastructure and industrial/logistic parks, eight firms signed MoUs worth Rs 43,500 crore. On the manufacturing front in the areas of

IT companies facing high attrition because they chase the same talent pool and should widen their search, he says

This is in addition to the Rs 1 trillion already invested in the state, and would be in steel, green energy, cement, paints and a new greenfield port