Karnataka is anticipating a Foreign Direct Investment value Rs 75,000 crores in sectors like biotech and start-ups, the state’s Education Minister Dr Ashwath Narayana has stated.
The minister, who accompanied Chief Minister Basavaraj Bommai on the World Economic Forum at Davos, stated that the Davos assembly was very profitable.
He stated the federal government was eager on creating different cities like Mysore, Mangalore, Belgaum, Hubli-Dharwad and Shimoga as properly.
“The state is also developing seven to eight more airports,” the minister advised PTI after addressing members of the KannadigaruUK on the Bharatiya Vidya Bhavan right here on Friday.
Karnataka in Davos signed two main MOUs value Rs 52,000 crores, with two main corporations — ReNew Power for Rs 50,000 crores and the Lulu Group International for Rs 2,000 crores.
Siemens is taking over two tasks in Bengaluru specializing in Magnetic Imaging and Diagnostics and a health-related R&D undertaking.
The Karnataka Government has assured particular incentives for the corporate to arrange its manufacturing unit for medical tools.
Earlier, addressing the members of the KannadigaruUK, Dr Ashwath Narayana stated Karnataka is creating quick and that Bengaluru is rising as a metropolis of alternative and a metropolis of future in sectors like house, defence, and IT.
“We welcome all as we want to be competitive,” he stated.
Dr Nanda Kumara, Executive Director of Bharatiya Vidya Bhavan right here, was additionally current on the event.
Source: www.financialexpress.com”