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PM Modi inaugurated Global Investors Meet ‘Invest Karnataka 2022’

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Prime Minister Narendra Modi has addressed the inaugural function of Invest Karnataka, the Global Investors Meet via video conferencing. The meet is aimed at attracting prospective investors and setting up development agenda for the next decade. The three-day programme, being held from 2 to 4 November in Bengaluru, would witness more than 80 speaker sessions.

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The speakers include: top industry leaders including Kumar Mangalam Birla, Sajjan Jindal and Vikram Kirloskar among others. Along with this, a number of business exhibitions with more than three hundred exhibitors, and country sessions would run parallel.

About the Invest Karnataka:

  • “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.
  • 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.

Other Points:

  • CM Basavaraj Bommai has called ‘Invest Karnataka’ an important meeting wherein all technocrats, young engineers, IT/BT experts, startups, educational institutions, and global and domestic investors are welcome.
  • The Karnataka CM said he is expecting over ₹5 lakh crore investment and the State High-level Committee has already given clearance for an investment of over ₹2.8 lakh crore. Bommai 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.

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