From Our Special Correspondent
Daijiworld Media Network
Davos (Switzerland), Jan 23: Taking the opportunity of meeting global industry captains at the World Economic Forum summit in Davos, Karnataka Chief Minister B S Yediyurappa launched the curtain raiser of Invest Karnataka 2020 – the State’s ambitious Global Investors Meet - to be held in Bengaluru from November 3 to 5 2020, in Davos on Thursday, January 23.
The Karnataka delegation under the leadership of Yediyurappa, showcased the opportunities to invest in Karnataka.
Speaking at the event, the Chief Minister invited the global businessmen and investors to take part in the global investors meet of Karnataka scheduled to be held in November.
More than 100 entrepreneurs, businessmen, heads and representatives of various major companies participated in the curtain raiser.
The Invest Karnataka 2020, global investors meet, in Bengaluru will be held on the theme of "Innovate Now; Growth Forever."
Niklaus-Samuel Gugger, President, Swiss-India Parliamentary Group and a team of Swiss Parliamentarians participated in the curtain raiser.
Karnataka will be powerhouse of growth and development
In his address, the Chief Minister said Karnataka will be the powerhouse of growth and development in the next three years and promised to provide all necessary encouragement and support from the government.
Karnataka has a history of robust growth rate, which was higher than the country’s growth rate of 7%. "At the same time, the State has a lowest unemployment rate,” he said adding Karnataka is proud of having home grown MNCs such as Infosys, Bicon Wipro and Dynamatics.
Yediyruappa said union government is closely working with the State and helping it to identify the constraints in doing business and improving overall business environment.
“Our prime minister Narendra Modi is constantly inspiring us to be part of industrial development to build a New India of 21st century,’’ he said promising an encouraging climate for the industries to grow.
“We are coming out with a new Industrial policy that incentivizes productivity, regional development and investment into research development,’’ he said.
State industries minister Jagadish Shettar said as a prelude to this Global Investors Meet 2020 in November, “We have scheduled an investors meet in Hubballi in February, where we prepare ourselves for the mega event.’’
Shettar said land banks have been created, regional connectivity has been improved around tie 2 and tier 3 cities in the state with a vision for sustainable manufacturing glory, let us strive to place Karnataka on a high growth path.
To increase the production capacity of the industries, Karnataka is initiating a product based industrial cluster development programme which will explore the industrial potential of the regions and districts, he said.
Union minister Piyush Goel in his address, appealed to the investors to make their investments in Karnataka which in turn will contribute to Modi’s vision of India’s five trillion economy.
“You spread your tentacles to all parts of India, especially Karnataka which has a robust and congenial industrial atmosphere,’’ he said.
Karnataka’s Chief Secretary T M Vjaya Bhaskar, Additional Chief Secretary Dr. E. V. Ramana Reddy, Gaurav Gupta, Principal Secretary, Commerce and Industries, Dr. S. Selvakumar, Secretary to the Chief Minister and Gunjan Krishna, Commissioner for Industrial Development were present.
Director General, CII, Chandrajit Bannerjee, Baba Kalyani, Managing Director, Bharat Forge and Vikram S. Kirloskar, Chairman and Managing Director, Kirloskar Systems Ltd were also present on the occasion.