Karnataka eyes Rs 10 trn investment commitments at investor meet: Patil

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Karnataka eyes Rs 10 trn investment commitments at investor meet: Patil - Business Standard

Quick Summary:

Karnataka is expecting to sign investment commitments of about Rs 10 lakh crore with an array of industries at its biennial investor meet this week, aimed at showcasing the state's industrial potential, M B Patil, Minister of Large and Medium Scale Industries, said.

The Invest Karnataka 2025 -- Global Investors Meet (GIM 2025), scheduled from February 11-14 in Bengaluru, aims to position Karnataka as a premier global investment hub.

"We are expecting around Rs 10 lakh crore in investments, with at least 70 per cent converting into reality (and) not just (remaining) on paper," he told PTI Videos.