New Delhi, May 9: Determined to make Karnataka the number one state in the industrial sector in India, Large and Medium Industries Dr Murugesh R Nirani on Monday met the envoys of several countries here and extended them invitations to attend the upcoming mega Global Investors Meet in Bengaluru.
In a series of meetings with the foreign envoys in the national capital, Minister Nirani explained the investment opportunities available for investors in Karnataka and invited them to make investments in the state. He first visited the German embassy and held talks with Dr. Stephan Grabherr, Deputy Chief of Mission, Federal Republic of Germany. The minister later met Mr. Chang Jae-bok, Ambassador, Republic of Korea, Mr Kunihiko KAWAZU, Deputy Chief of Mission, Embassy of Japan in India, Mrs. Rhiannon Harries, Deputy Trade Commissioner, South Asia, British High Commission, India and Mr. Adam Taylor, Head of Economics and Finance, British High Commission, India. He invited them to attend the GIM and make investments in Karnataka.
Nirani holds talks with foreign envoys in New Delhi
• Nirani rolls out the red carpet for investors
• Minister promises world-class facilities for investors
• Karnataka is the most progressive state in India
• 50,000 acres of land being acquired for industries
The minister promised to roll out a red carpet welcome to investors. “Karnataka is the most progressive state in India. We have rich natural resources and are leading in all the sectors including IT, BT, aerospace, defence, agriculture, startups, unicorns, mines, healthcare and food processing. Bengaluru is known as Silicon Valley of India and a knowledge hub. World’s top companies have set up shops here. Ours is a business-friendly government and we will roll out red carpet for investors,” Nirani promised
Assuring all the assistance to the investors, the minister said that the government will allot necessary land and provide world-class facilities. “Implementation of Industrial Policy 2025 helped investors in a big way and many investors are coming forward to make investments in Karnataka. Our state was able to retain number one position in terms of attracting FDIs due to our investor-friendly policies. Our well connected network of highways, airports and seaports in Bengaluru, Mangaluru, Karwar, Belagavi, Mysuru, Hubballi and Kalaburagi will aid industrialists involved in import and export business. The state is blessed with pleasant weather condition, good education system and highly skilled manpower,” Nirani said.
Invest India has been pioneering, promoting and facilitating investments throughout our nation. Had a fruitful meeting with Shri. Deepak Bagla, MD and CEO of Invest India where we discussed the investment trends and economics of India. pic.twitter.com/UEaDn1T3LZ
— Dr. Murugesh R Nirani (@NiraniMurugesh) May 9, 2022
Murugesh Nirani also met Deepak Bagla, Managing Director and CEO of Invest India, the National Investment Promotion and Facilitation Agency of the Government of India. He lauded Bagla’s industrious efforts in facilitating investment flow leading to high growth in the state. Nirani further added that Bagla and his team’s continuous support and cooperation helped attract investments and realise the state’s potential.
The minister said 50,000 acres of land is being acquired for industries across the state ahead of the Global Investors Meet. He also promised all the assistance to investors who come forward to invest in Tier 2 and Tier 3 cities such as Mysuru, Mangaluru, Belagavi, Hubballi, Kalaburagi, Bagalkot, Bidar and Shivamogga. Nirani recalled the success of previous Global Investors Meet and how the events helped rapid industrialization of Karnataka and creation of jobs.
Dr. EV Ramana Reddy, Additional Chief Secretary, Department of Industries and Commerce, Smt. Gunjan Krishna, Commissioner for Industrial Development and Director accompanied the minister during his meetings.