Karnataka to hold global investors meet in November 2022


PTI, Sep 25, 2021, 7:40 AM IST

Bengaluru: Karnataka will host 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 Karnataka is one of the three States chosen for this project,” he said, adding that already about 1,500 acres of additional land are being acquired near Kadechur in Yadgir district for this, and there is also plan to have ATP and waste water treatment plant there.

Pointing at Tata Nano opting for Gujarat in 2010, Minister Nirani said the company couldn’t invest in the State due to lack of a land bank.

“Then Chief Minister B S Yediyurappa had discussed with the company chiefs to bring it to Dharwad, but the company moved to Gujarat as 1,000 acres of land were not readily available at the right time. So, we introduced the land bank concept which helped many industries set up shops here,” he said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Congress membership requisites: No alcohol & drug, no criticism of party in public

Women should not visit police stations after dark: BJP’s Baby Rani Maurya

BJP govt has failed the country: Rahul

Baby kidnap case: Kerala govt to inform family court about Anupama’s demand for child

PM meets Indian Covid vaccine manufacturers; CEOs say his leadership key force in vaccination drive

Australia beat South Africa by 5 wickets in T20 WC Super 12 match

Hindus don’t have violent mindset: Pejawar Swamiji

Related Articles More

Hindus don’t have violent mindset: Pejawar Swamiji

M’luru: Silt and waste accumulated in drains create ripe conditions for flash floods

Take stern action taken against those trying to desecrate Hindu places of worship: MLA Bharat Shetty

Bypoll: CM Bommai asks Siddaramaiah to visit villages in Hanagal to see development there

BJP govt has imposed undeclared emergency in India: Siddaramaiah

MUST WATCH

Science and Technology Minister C.N. Ashwath Narayan at Koteshwar

News Bulletin 23-10-2021

Elephant attack at Hunasuru

IMPORTANCE OF M04 RICE SEEDS

Road mishap at Muluru National Highway


Latest Additions

Priyanka flags off ‘Pratigya Yatras’ from UP’s Barabanki

Shah flags off inaugural Srinagar-Sharjah direct flight

Congress membership requisites: No alcohol & drug, no criticism of party in public

Three-time world champion, Pele, turns 81!

Restore statehood, democracy in J-K: NPP

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.