A Global Investors Meet for India - Karnataka

Tuesday, June 1, 2010

    1. According to the GIM site, Karnataka has been rated no. 1 by World Bank in Investment Climate within India
    2. Karnataka rolling out plans for coastal area for Tourism Development helping with single window clearance and land banks
    3. Karnataka already have plans incl Devanahalli at Bangalore Intl Airport and commitments in Cement, Steel, B'lore and Integrated Development
    4. Ahead of its first Global Investor Meet, Bangalore has been busy with Road shows in Singapore and Korea expecting INR 4T or $100bn
Shell is investing in R&D with a $250mn tab while Reliance and GAIL are spending $3bn in Gas pipelines to the northern belts and till B'lore
  • Commitments from Lafarge for $250nmn in cement and Arcelor Mittal's $6bn center around the Bellary mineral belt ( Mittal Town)..
  • Karnataka also leans on its know-prowess with 170 Engg colleges and 270 Polytechnics, 100 Medical Colleges and 420 Paramedic training inst.
  • Govt is also hoping to develop 20 helitourimsm destinations and 5 SEZs across 5 Industrial Corridors in Belgaum, Bellary etc

  • Posted via web from The investment blog on Post

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