PM Modi Inaugurates Invest Karnataka 2022, Invites Global Investors

Prime Minister Modi on Wednesday inaugurated the three-day Global Investors Meet (GIM) of ‘Invest Karnataka 2022’ virtually and invited investors from all across the world to come and invest in Karnataka. 

Inaugurating the high-profile event, the PM said that Karnataka represented a wonderful confluence of technology and culture. “This is a place that is known for its architecture as well as vibrant startup ecosystem. Whenever talent and technology are talked about, the brand Bengaluru comes to mind first, and this name is established not only in India but worldwide. The state is also known for its natural hotspots.” 

“I am happy that GIM is happening in India, and it is a perfect example of competitive and cooperative federalism,” he added.

The Prime Minister said that while the whole world is passing through a crisis, India is being identified as a bright spot by experts and economists, and we are working on our fundamentals to strengthen our economy further. “The number of Free Trade Agreements that we have signed in the last few months have indicated towards our preparation to the world,” he said. 

Speaking at the event, Karnataka Chief Minister Basavaraj Bommai assured all support from his government to the investors in the state and said, “Karnataka is a pioneer in recovery from the covid impact. The state has been able to garner good investment post-covid. This shows the trust our investors have in us who have all gathered here at the Global Investors Meet.”

Extending a red-carpet welcome to the investors, Minister Murugesh R Nirani promised to provide all the necessary assistance. “The Global Investors Meet 2022 is a platform for industry leaders, innovators, and policymakers from all over the globe to explore new growth opportunities. We are aiming to propel the state to the next level of industrial development and growth. The core objective of this GIM is to bring in investments in diverse sectors and create jobs. Today, Karnataka has emerged as the New Global Investment destination and Bengaluru is one of the largest technology and innovation clusters in the world,” Nirani said.

The inaugural session of GIM will be followed by over 30 immersive sessions spread across the two and half days. These sessions would be a mix of innovative formats such as panel discussions, fireside chats, ted-style talks, etc. 

In addition to the speaker sessions, a number of networking events, business exhibitions (with 300+ exhibitors), and country sessions would run parallelly across the 3 days. The country sessions would each be hosted by the partner countries -- France, Germany, Netherlands, South Korea, Japan, and Australia -- which would be bringing in high-level ministerial and industrial delegations from their respective countries for the same.