Karnataks government’s Global Investors’ Meet (GIM) 2012 concluded here today with companies, entreprises, businesses and banks committing to invest Rs 7.6 lakh crores in the state with potential for creating 15 lakh additional jobs.
Announcing this at the valedctory function of the GIM 2012, the state Chief Secretary, Mr. V. Ranganath said that in all 730 MOU/Expression of Interest (EOI) were signed during the GIM. In addition to that companies have registered interest for infrastructutre projects worth Rs 1.68 lakh crore. The highest percentage of MOU have been signed in energy sectr, which is 39.6 per cent of the total amount followed by iron and steel sector, contributing 15.3 per cent of the toal amount. Locationwise, companies have shown interests in all districts of the state and of the total MOU and EOI, record 35 per cent are in MSME sector.
Mr. Ranganath said 200 industry leaders, and 10,000 delegates participated in GIM. There were 460 exhibitors and 500 B2B meetings. In all 39 countries and 8 Indian states also participated. About 40,000 people visited Expo.
Nearly 10 banks today exchanged MOU documents with the government officials. State Bank of India is investing Rs 50,000 crore in Karnataka. Captains of industry spoke today also expressing their satisfaction over their presence in Karnataka. Large and Medium Industry Minister, Mr. M.R.Nirani, said that the entire GIM 2012 happened with spirit of Collaboration and Co-operation.
Chief Minister D.V.Sadananda Deve Gowda and Mr. Nirani thanks the investors, industry captains for their support. They also thanksed event partner MM Activ and knowledge partner Ernst and Young for putting a grand show.
