Karnataka Minister M B Patil.
Credit: X/@MBPatil
Bengaluru: With an eye on making Karnataka a top destination for investments into aerospace, renewable energy, electronics, semiconductors, and advanced manufacturing, MB Patil, Minister for Large and Medium Industries and Infrastructure Development, is championing the introduction of an AI-Powered Single Window System, ensuring seamless land allocation, investor grievance redressal, and multilingual chatbot support.
This is hoped to be attained with the introduction of New Industrial Policy (2024-29), to attract companies via incentives. The highly motivated leader is also gearing up to spearhead the Global Investors Meet (GIM), Invest Karnataka 2025 from February 12–14, which will be inaugurated on February 11.
The event will see 19 country partners, including France, Netherlands, Japan, Thailand, Malaysia, South Korea, Israel, Norway, Switzerland, Taiwan, Germany, Australia, Denmark, Poland, Italy, United Kingdom, Slovenia, Bahrain, and Singapore. There will be nine country pavilions showcasing investment opportunities and trade collaborations.
The aim of the summit is also to drive small and medium enterprises (SME) and startup growth, training 2,000 SMEs and supporting 100 in digital transformation, along with launching the second edition of VentuRISE Global Startup Challenge to foster manufacturing and green-tech startups.