Global Investors Meet to kick off in Bengaluru today

Bengaluru, Nov 2 (KNN) Prime Minister Narendra Modi will inaugurate the Global Investors’ Meet via video conferencing on November 2, 2022.

The GIM titled ‘Invest Karnataka’ aims to attract prospective investors to the state and set up development agenda for the next decade.

The three-day programme, being held in Bengaluru, is expected to witness more than 80 speaker sessions.

During the course of the meet, the country sessions would each be hosted by the partner countries like France, Germany, Netherlands, South Korea, Japan, and Australia, which would be bringing in high-level ministerial and industrial delegations from their respective countries.

"Invest Karnataka' is going to grab the attention of the whole world. Global investment is coming here as Karnataka has a rich atmosphere. This will put a strong foundation for the development of Karnataka in the next five years," CM Basavaraj Bommai said.

As per reports, the state government is expecting to attract over Rs 5 lakh crore investment and the State High level Committee has already given clearance for an investment of over Rs 2.8 lakh crore.

Key speakers to be present at the event include Kumar Mangalam Birla, Sajjan Jindal, Vikram Kirloskar among others. Along with this, a number of business exhibitions with more than three hundred exhibitors, and country sessions would run in parallel.

Speaking about the event earlier, Bommai had said most of the investors have shown interest in investment beyond Bengaluru, and new industries are coming up in Ramanagar, Hubballi-Dharwad, Ballari, Kalaburagi, and Mysuru.

Last week, the FMCG Cluster that is to come up in Dharwad was inaugurated in Hubballi. The state has also decided to setup textile park in Kalaburagi, Vijayapura, and Raichur districts; a Pharma Park in Yadgir; Electronic Park in Mysuru and Defense production unit in Tumkur.  (KNN Bureau)