Page 3 - Global Investors Meet

Global Investors' Meet attracts Rs 8 trn investment on Day 1: K'taka Min

Calling the Global Investors' Meet (GIM) a grand success, Karnataka Large and Medium Industries Minister Murugesh Nirani said that the state received investment proposals worth nearly Rs 8 trn

Deals worth 7.5 trn to be struck during Karnataka's Global Investors Meet

Union Finance Minister Nirmala Sitharaman said on Wednesday that initially when this global meet was planned, the expectations and targets were somewhere in the range of Rs 5 lakh crore

Startup challenge to offer $100,000 to top 3 winners: Karnataka govt

The Karnataka government will organise a startup challenge which carries a prize money of USD 100,000 to the top three successful candidates. The prize distribution will be held on November 4. "We are doing this startup challenge called 'Venturise'. In this, we are giving USD 100,000 as the prize money to top three successful candidates," Commissioner of Industrial Development Gunjan Krishna told reporters on Wednesday. She was briefing reporters at the end of the first day of the three-day Global Investors' Meet (GIM) near Bengaluru Palace. The officer said the announcement will be made at the conclusion ceremony of the investors conclave.

Global Investors' Meet: K'taka govt inks 50 MoUs worth Rs 5.64 trn on Day 1

The Karnataka government on Thursday signed Memoranda of Understanding (MoUs) with 50 companies approving their investment proposals worth Rs 5.64 lakh crore on the first day of the Global Investors' Meet in Bengaluru. The highest investment proposal in terms of capital outlay came in the green hydrogen and renewable energy sectors. According to the organisers of the three-day investors summit, the state signed MoUs with seven companies in the area of green hydrogen and its derivatives to the tune of Rs 2.91 lakh crore, while it entered into an agreement with nine companies in the area of renewable energy to the tune of Rs 1.29 lakh crore. In the sunrise sector, 16 companies signed MoUs worth Rs 70,381 crore, while in core sectors, six companies entered into an agreement with the state for investment proposals worth Rs 25,024 crore. In the area of infrastructure and industrial/logistic parks, eight firms signed MoUs worth Rs 43,500 crore. On the manufacturing front in the areas of

Covid impact shows that work can be done remotely: Wipro's Rishad Premji

IT companies facing high attrition because they chase the same talent pool and should widen their search, he says

JSW group to invest Rs 1 trn in Karnataka in five years, say Sajjan Jindal

This is in addition to the Rs 1 trillion already invested in the state, and would be in steel, green energy, cement, paints and a new greenfield port

Economic fundamentals strong, India best place for investment: PM Modi

Doing business in the country easier because of its democracy and reforms, he tells Karnataka investor summit

PM Modi to address inaugural session of Invest Karnataka 2022 today

The three-day programme, being held from November 2 to November 4 in Bengaluru, would witness more than 80 speaker sessions

Bengaluru is a destination for global investors, says CM Basavaraj Bommai

Bommai said most of the investors have shown interest for investment beyond Bengaluru, and new industries are coming up in Ramanagar, Hubballi-Dharwad, Ballari,Kalaburagi and Mysuru

Karnataka eyes Rs 5 trillion investment at Global Investor Meet next month

The Karnataka government expects over Rs 5 lakh crore investment during the Global Investors Meet 2022 to be held next month in Bengaluru, state's large and medium industries minister Murugesh R Nirani said on Tuesday. The global investors meet is scheduled on November 2-4 after a hiatus of six years. "The state is expecting over Rs 5 lakh crore in investments in the Global Investors Meet 2022," Nirani said at the launch of a roadshow in the national capital to promote Karnataka as an investment destination. The minister said the state government has already earmarked a total of 50,000 acres of land for investors keen to invest in the state, of which, 20,000 acres are in Bengaluru and 30,000 acres in other parts of Karnataka. Karnataka has emerged as a top investment destination in the country for the last two years in a row as the state offers an excellent industrial ecosystem, world-class infrastructure, and industry-friendly policies, he said. The state attracted Rs 62,085 cror

Yogi 2.0 to showcase MSME bandwidth at UP Global Investor Summit 2023

UP is setting its sights on Rs 10 trillion in fresh investment from domestic and multinational companies at the high-ticket event

Karnataka to hold global investors meet in November 2022: State Minister

: Karnataka will host a global investors meet (GIM) in November 2022 to attracting more investments and job creation, State Minister of Large & Medium Industries Murugesh Nirani said on Friday. The State government plans to set up a bulk drug-manufacturing park in Yadgir district, he said. The Minister was replying to a question raised by Congress MLA from Chittapur Priyank Kharge during Question Hour in the Legislative Assembly. "We are organising a global investors meet in November 2022 called 'Invest Karnataka' to attract more investments and push industrial growth," Nirani said. The Minister's office, in a press release, said the GIM would be held between November 2 and 4, 2022. "I will hold a discussion with Chief Minister Basavaraj Bommai again and confirm the date, it quoted him as saying. On the drug park, he said the government would set it up in collaboration with the Centre. The Central government will provide Rs 1,000 crore grant to set up the bulk drug park and ...

Kerala receives investment proposals worth Rs 1 trillion at ASCEND 2020

Chief Minister Pinarayi Vijayan said that of the amount, Rs 98,708 crore comes in as direct promise during the two days of ASCEND

Kochi to host Global Investors Meet on Jan 9-10; focus on 18 mega projects

The government will highlight among others a Kochi- to-Palakkad integrated manufacturing cluster, a defence park at Ottapalam and an electronic hardware park in Ernakulam district

Ease of doing business, not sops, to draw investors: PM Modi at global meet

Modi said the states earlier used to perform charity and provide many incentives to attract investment. One state would waive tax, another would provide free power.

J-K to host 3-day global investors summit in Srinagar from October 12

An MoU has been signed by Jammu and Kashmir Trade Promotion Organisation and CII for organisation and management of the event

Adani, IOC top investors on Day-1 of Tamil Nadu Global Investors Meet

Other large commitments come Hyundai, CEAT, Mahindra Group and Salcomp, state hopes to exceed Rs 2 trn MoU target by as much as 25% on conclusion

Tamil Nadu to delay global investors meet by a year

Tamil Nadu's second Global Investors Meet (GIM) is likely to be delayed by a year to 2018. In September 2015, during the conclusion of the first GIM organised by the AIADMK government, the then Chief Minister J Jayalalithaa has said that the government will hold GIM every two years.Adressing CEOs of various companies here, Tamil Nadu Chief Minister Edappadi K Palaniswami said that next GIM will be held in 2018.It may be noted, former Chief Minister and late J Jayalaithaa on the day of concluding first edition of GIM announced that the state will hold such meets every two years from now.The state claimed that during the first meeting 98 MoUs worth Rs 2,42,000 crore was signed. Of which 61 projects worth Rs 62,738 crore are in various stages of implementation. These projects will generate 76,777 jobs, said the Chief Minister.The state government is closely watching all the projects and will take colloborative steps to ensure that they comes on stream fast, said the Cheif Minister.The ..