Karnataka eyes Rs 10 trn investment commitments at investor meet: Patil

Karnataka is expecting to sign investment commitments of about Rs 10 lakh crore with an array of industries at its biennial investor meet this week, aimed at showcasing the state's industrial potential, M B Patil, Minister of Large and Medium Scale Industries, said. The Invest Karnataka 2025 -- Global Investors Meet (GIM 2025), scheduled from February 11-14 in Bengaluru, aims to position Karnataka as a premier global investment hub. "We are expecting around Rs 10 lakh crore in investments, with at least 70 per cent converting into reality (and) not just (remaining) on paper," he told PTI Videos. On the theme of the summit 'Re-Imagining Growth', Patil said this "because today we are in a stage where our world is moving towards tech-driven, green, inclusive, and more importantly, resilient growth. Because we are in a situation... (these are) challenging times. There is a war in Ukraine and Russia, then the Israel-Gaza conflict, (US President) Trump's policies, China plus one, two year

Karnataka is expecting to sign investment commitments of about Rs 10 lakh crore with an array of industries at its biennial investor meet this week, aimed at showcasing the state's industrial potential, M B Patil, Minister of Large and Medium Scale Industries, said. The Invest Karnataka 2025 -- Global Investors Meet (GIM 2025), scheduled from February 11-14 in Bengaluru, aims to position Karnataka as a premier global investment hub. "We are expecting around Rs 10 lakh crore in investments, with at least 70 per cent converting into reality (and) not just (remaining) on paper," he told PTI Videos. On the theme of the summit 'Re-Imagining Growth', Patil said this "because today we are in a stage where our world is moving towards tech-driven, green, inclusive, and more importantly, resilient growth. Because we are in a situation... (these are) challenging times. There is a war in Ukraine and Russia, then the Israel-Gaza conflict, (US President) Trump's policies, China plus one, two year

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