Doing business in the country easier because of its democracy and reforms, he tells Karnataka investor summit
The three-day programme, being held from November 2 to November 4 in Bengaluru, would witness more than 80 speaker sessions
Bommai said most of the investors have shown interest for investment beyond Bengaluru, and new industries are coming up in Ramanagar, Hubballi-Dharwad, Ballari,Kalaburagi and Mysuru
The Karnataka government expects over Rs 5 lakh crore investment during the Global Investors Meet 2022 to be held next month in Bengaluru, state's large and medium industries minister Murugesh R Nirani said on Tuesday. The global investors meet is scheduled on November 2-4 after a hiatus of six years. "The state is expecting over Rs 5 lakh crore in investments in the Global Investors Meet 2022," Nirani said at the launch of a roadshow in the national capital to promote Karnataka as an investment destination. The minister said the state government has already earmarked a total of 50,000 acres of land for investors keen to invest in the state, of which, 20,000 acres are in Bengaluru and 30,000 acres in other parts of Karnataka. Karnataka has emerged as a top investment destination in the country for the last two years in a row as the state offers an excellent industrial ecosystem, world-class infrastructure, and industry-friendly policies, he said. The state attracted Rs 62,085 cror
UP is setting its sights on Rs 10 trillion in fresh investment from domestic and multinational companies at the high-ticket event
: Karnataka will host a global investors meet (GIM) in November 2022 to attracting more investments and job creation, State Minister of Large & Medium Industries Murugesh Nirani said on Friday. The State government plans to set up a bulk drug-manufacturing park in Yadgir district, he said. The Minister was replying to a question raised by Congress MLA from Chittapur Priyank Kharge during Question Hour in the Legislative Assembly. "We are organising a global investors meet in November 2022 called 'Invest Karnataka' to attract more investments and push industrial growth," Nirani said. The Minister's office, in a press release, said the GIM would be held between November 2 and 4, 2022. "I will hold a discussion with Chief Minister Basavaraj Bommai again and confirm the date, it quoted him as saying. On the drug park, he said the government would set it up in collaboration with the Centre. The Central government will provide Rs 1,000 crore grant to set up the bulk drug park and ...
Chief Minister Pinarayi Vijayan said that of the amount, Rs 98,708 crore comes in as direct promise during the two days of ASCEND
The government will highlight among others a Kochi- to-Palakkad integrated manufacturing cluster, a defence park at Ottapalam and an electronic hardware park in Ernakulam district
Modi said the states earlier used to perform charity and provide many incentives to attract investment. One state would waive tax, another would provide free power.
An MoU has been signed by Jammu and Kashmir Trade Promotion Organisation and CII for organisation and management of the event
Other large commitments come Hyundai, CEAT, Mahindra Group and Salcomp, state hopes to exceed Rs 2 trn MoU target by as much as 25% on conclusion
Tamil Nadu's second Global Investors Meet (GIM) is likely to be delayed by a year to 2018. In September 2015, during the conclusion of the first GIM organised by the AIADMK government, the then Chief Minister J Jayalalithaa has said that the government will hold GIM every two years.Adressing CEOs of various companies here, Tamil Nadu Chief Minister Edappadi K Palaniswami said that next GIM will be held in 2018.It may be noted, former Chief Minister and late J Jayalaithaa on the day of concluding first edition of GIM announced that the state will hold such meets every two years from now.The state claimed that during the first meeting 98 MoUs worth Rs 2,42,000 crore was signed. Of which 61 projects worth Rs 62,738 crore are in various stages of implementation. These projects will generate 76,777 jobs, said the Chief Minister.The state government is closely watching all the projects and will take colloborative steps to ensure that they comes on stream fast, said the Cheif Minister.The ..