Prime Minister Narendra Modi Inaugurates Invest Karnataka 2022, Invites Global Investors
Bengaluru, NFAPost: Prime Minister Narendra Modi inaugurated the three-day Global Investors Meet (GIM) of ‘Invest Karnataka 2022’ virtually and invited investors from worldwide to come and invest in Karnataka.
Karnataka Governor Shri Thawar Chand Gehlot, Karnataka Chief Minister Shri Basavaraj S Bommai, Karnataka Minister of Large and Medium Industries Dr Murugesh R Nirani along with Union Finance Minister Nirmala Sitharaman, Union Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles Minister Piyush Goyal, Union Parliamentary Affairs, Coal and Mines Minister Pralhad Joshi, Union Minister of State for Skill Development and Entrepreneurship and Electronics & Information Technology Rajeev Chandrashekhar were present at the inaugural session held in Bengaluru.
Among the top industrialists, Jindal Group Chairman Sajjan Jindal; Toyota Kirloskar Motor Pvt Ltd Vice Chairman Vikram S Kirloskar; Wipro Chairman Rishad Premji; Bharti Enterprises Vice Chairman Rajan Bharti Mitta; Adani Ports and SEZ CEO Karan Adani and Sterlite Power Managing Director Pratik Agarwal shared their experience in Karnataka and expressed continued interest in the state.
Prime Minister Modi said that Karnataka represented a wonderful confluence of technology and culture.
“Karnataka is a place that is known for its architecture as well as vibrant start-up ecosystem. Whenever talent and technology are talked about, the brand Bengaluru comes to mind first, and this name is established not only in India but worldwide. The state is also known for its natural hotspots. I am happy that GIM is happening in India, and it is a perfect example of competitive and cooperative federalism,” said Prime Mionister Narendra Modi.
“I can see that companies from all over the world are participating in this meeting. I have been told that investment partnerships worth thousands of crores of rupees are expected to fructify during the event. It will generate employment opportunities for the youth at a large scale,” said Narendra Modi.
The Prime Minister said that while the whole world is passing through a crisis, India is being identified as a bright spot by experts and economists, and we are working on our fundamentals to strengthen our economy further. “The number of Free Trade Agreements that we have signed in the last few months have indicated towards our preparation to the world,” he said.
Narendra Modi said that the power of a double-engine government was propelling the development of Karnataka, adding that, “Investing in India means investing in inclusion, investing in Democracy, investing for the world, and investing for a better, cleaner and a safer planet”.
Chief Minister Basavaraj Bommai assured all support from his government to the state’s investors and said, “Karnataka is a pioneer in recovery from the covid impact.
“The state has been able to garner good investment post-covid. This shows the trust our investors have in us who have all gathered here at the Global Investors Meet. In the future, I am convinced that Karnataka will be the global center of innovation and research & development,” said Karnataka Chief Minister Basavaraj Bommai.
Extending a red-carpet welcome to the investors, Karnataka Industry Minister Dr Murugesh R. Nirani promised to provide all the necessary assistance.
“The Global Investors Meet 2022 is a platform for industry leaders, innovators, and policymakers from all over the globe to explore new growth opportunities. We are aiming to propel the state to the next level of industrial development and growth. The core objective of this GIM is to bring in investments in diverse sectors and create jobs. Today, Karnataka has emerged as the New Global Investment destination and Bengaluru is one of the largest technology and innovation clusters in the world,” said Karnataka Industry Minister Dr. Murugesh R. Nirani.
The inaugural session of GIM is followed by 30+ immersive sessions spread across the 2.5 days. These sessions would be a mix of innovative formats such as panel discussions, fireside chats, ted-style talks, etc.
In addition to the speaker sessions, a number of networking events, business exhibitions (with 300+ exhibitors), and country sessions would run parallelly across the 3 days. The country sessions would each be hosted by the partner countries — France, Germany, Netherlands, South Korea, Japan, and Australia — which would be bringing in high-level ministerial and industrial delegations from their respective countries for the same.
