Business Standard

Monday, December 23, 2024 | 04:27 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Prime Minister Narendra Modi addresses delegates during the inauguration of ‘Invest Karnataka 2022’, the global investor meet of the state, at Palace Grounds in Bengaluru, Wednesday, Nov. 2, 2022. (PTI)
Premium

The sectors in which various companies have committed investments include green manufacturing, hydrogen and derivatives, electronics systems, e-mobility, aerospace and defence, and data centers

Peerzada Abrar Bengaluru
Karnataka is expecting to sign deals worth Rs 7.5 trillion during the three-day Invest Karnataka 2022, the state’s Global Investors Meet (GIM) which started on Wednesday. This is an increase of Rs 2.5 trillion to the previous target set by the Karnataka government.

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 trillion. She said that has moved upwards to Rs 7.5 trillion worth of proposals. She added that Karnataka Chief Minister Basavaraj Bommai has already cleared investment proposals worth Rs

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in