Karnataka gives nod to 78 industrial projects worth Rs 5,298.69 cr investment
Karnataka at forefront of realising PM Modi’s dream of making India top biz destination: Nirani
BENGALURU:
Terming his visit to Dubai Expo-2020 ‘very fruitful’, Large and Medium Industries Minister Murugesh Nirani on Thursday said several reputed industrialists had come forward to invest in Karnataka and he hoped this would create more jobs.
Addressing mediapersons at Vidhana Soudha, Nirani said, “I, along with IT-BT Minister Dr CN Ashwath Narayan, Dr Aman Puri, Indian Consul General, Dubai, EV Ramana Reddy, Additional Chief Secretary, Industries Department, Gunjan Krishna, Commissioner, Industries Department, Meena Nagaraj, Director, IT-BT Department and Dr N Shivashankara, CEO, KIADB, met several industrialists and informed them of the thriving business ecosystem and investor-friendly atmosphere in our state.”
The Minister added, “The LuLu group, Mubadala, KEF Holdings, Ducab, Electric Way, DP World, Aster Healthcare, Alshamsi Travellers, BLS International, United Park and Service, Export Bahrain, AIML, Taghleef Industries and other prominent companies have agreed to make investments here. And the UAE-based Gulf Islamic Investment (GII) group has decided to open its office in Bengaluru and will invest Rs 3,500 crore in the next three years.”
Nirani stressed, “At Dubai Expo 2020, we got an opportunity to show to the world how Karnataka is playing a major role in realising Prime Minister Narendra Modi’s dream of making India the world’s most attractive market.”
Investor meet in Bengaluru
Reiterating Karnataka’s pre-eminent position in the industrial sector, Nirani said, “We will conduct a ‘Global Investors Meet’ in Bengaluru in November 2022 and we expect a huge flow of investments and creation of jobs.”
Nirani said the ‘Space Week’ at the Dubai Expo from October 15 to 21 helped Karnataka project itself as an ideal destination for investments in the aerospace, defence and space sectors. ISRO and several start-ups in the space sector took part in the symposium at the India Pavilion.
‘Karnataka Now and Beyond’
He said the ‘Karnataka Now and Beyond’ programme highlighted the opportunities available in the aerospace, defence and space sectors in the state.
“Karnataka showcased its cultural heritage, industrial and technological advances, and the investment opportunities in the state,” said EV Ramana Reddy, Additional Chief Secretary.
Warning on KIADB land misuse
On a separate note, the Minister warned against the misuse of KIADB land, adding that the government would cancel the allotment of land in such cases and that notices had already been issued to several people for misusing KIADB land.
Terming the recent entrepreneurship workshop and industry grievance meeting in Bengaluru a ‘grand success’, Nirani said similar programmes would be held in Kalaburagi on November 11 and 12 and subsequently in Belagavi, Mysuru, Mangaluru and Tumakuru.
Gunjan Krishna, Commissioner for Industries, was present at the press meet.
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