Ministry of Commerce & Industry
'Let KGF be our mantra' Shri Piyush Goyal says wiser investors looking at Karnataka
Posted On:
02 NOV 2022 10:45PM by PIB Bengaluru
The Union Minister of Commerce and Industry Piyush Goyal has lauded Karnataka as a State where "wiser people look to invest". The Minister said that Karnataka offers skills, technology and ease of doing business while delivering his keynote address at the Global Investors' Meet "Invest Karnataka 2022" which began in Bengaluru today. He added, "Let KGF (Karnataka, Growth and Future) be our mantra."
![](https://static.pib.gov.in/WriteReadData/userfiles/PIB Bangalore/1 - Copy 1.jpeg)
The Union Minister lauded Karnataka for offering incentives and innovation, equitable growth focus, resilient ecosystem, wisdom and talent pool. He also explained why Karnataka is the right place to invest. In almost all rankings among states, Karnataka is performing exceedingly well. A real destination to be in, invest in, make in and serve from," Shri Goyal said.
The Union minister recalled that his US counterpart Katherine Tai, who is scheduled to visit India next year for a commercial dialogue, expressed very serious interest in coming to Bengaluru to experience Karnataka.
Earlier, the Prime Minister Narendra Modi virtually inaugurated the three-day Global Investor's Meet being held at the Bangalore Palace in Bengaluru. The summit
is aimed at attracting prospective investors and setting up development agenda for the next decade. The programme will have more than 80 speaker sessions. Top industry leaders including Kumar Mangalam Birla, Sajjan Jindal, Vikram Kirloskar are participating.
The Karnataka Governor Shri Thaawat Chand Gehlot, Chief Minister Basavaraj S. Bommai, Union Ministers Smt. Nirmala Sitharaman, Shri Rajeev Chandrasekhar, Shri Prahlad Joshi Karnataka Minister for Large & Medium Scale Industries Dr. Murugesh Nirani and the State Ministers Shri N. Nagaraj and Dr. C. Ashwath Narayana were among those present.
A number of business exhibitions with more than three hundred exhibitors and country sessions will run parallelly. The country sessions would be hosted by partner countries like France, Germany, Netherlands, South Korea, Japan, and Australia. The global scale of the event will give Karnataka an opportunity to showcase its culture to the world. "Build for the World" is the theme of the Meet.
*****
(Release ID: 1873269)
Visitor Counter : 136