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Poor response for investors' meet

Last Updated 17 September 2009, 18:24 IST

However empty seats marked the curtain raiser ceremony for GIM-allowing apprehensions over its success from certain quarters to grow stronger.

While Belgium and France represented global investors, domestic industry representation was rather poor, with big players missing and not too many smaller firms turning up. Are they signalling a red flag?

Unaffected by the response or the apprehension, the government has expressed confidence of wooing both global and domestic investors to achieve its target of Rs 2 lakh crore investment from the event. Minister for Large and Medium Scale Industries Murugesh R Nirani said, “We will make GIM a success, as we are well prepared and have policy level changes to make Karnataka a investment friendly state.”

DH News Service

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(Published 17 September 2009, 18:24 IST)

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