Karnataka aims to bag Rs 5 lakh cr investment in Global Investor's Meet

Bengaluru, May 27 (IANS): Karnataka government on Friday expressed confidence about attracting Rs 5 lakh crore investment during the Global Investor's Meet (GIM) scheduled to be held in November.

Minister for Large and Medium Industries Murugesh Nirani said that the three-day GIM will begin on November 2. Top industrialists in the world have evinced interest in investing in the state. "We are hopeful of getting Rs 5 lakh crore investments," he said, adding that in a few years, the complete picture of the state is going to change.

The minister said that he, along with Chief Minister Basavaraj Bommai, had met top industrialists in Davos and discussed about investing in the state. The trip is a success, he said.

Considering the conducive atmosphere, pro-industrialist policies, infrastructure, they showed interest in investing, he said.

If investment flow is good, more industries are going to be established and generate more opportunities for local people, he said.

Industrialists have assured of their participation in GIM. Several have shown keen interest about investing in the state, he reiterated.



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Comment on this article

  • Rudolf Rodrigues, Mumbai

    Fri, May 27 2022

    Firing dummy bullets in the air!

    DisAgree Agree [2] Reply Report Abuse

  • Vinod Kumar, Mangalore

    Fri, May 27 2022

    Anything is signed in black and white?!. Just wagging your tongue doesn’t mean anything. Nobody is communally crazy like you to invest in highly risky, volatile and politically unstable state.

    DisAgree Agree [4] Reply Report Abuse

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Title: Karnataka aims to bag Rs 5 lakh cr investment in Global Investor's Meet

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