CM invites investors to invest in Karnataka

"Karnataka is a state of action. We have witnessed rapid and unparalleled growth across our knowledge base sectors.The State’s entrepreneurial spirit in innovations and R & D has given it recognition world over," he said.

Karnataka's rich natural resources, proactive policies, talented work force and a strong economy have propelled the State to become a preferred investment destination, he said in his address to a select group of captains of industry, in whose honour he hosted a dinner there last night.

A large number of industry leaders and delegates from other countries also had discussions with the Chief Minister on possible investments and collaborations, a statement issued here by the Chief Minister's Secretariat said today.

An Israeli delegation met Yeddyurappa and discussed Technology transfer on dry land agriculture with specific reference to micro-irrigation, visit of Karnataka farmers to Israel to study agriculture practices and Training of police officers on homeland security.
The statement said World Economic Forum Chairman Dr Klaus Schwab has invited Karnataka to be a partner state in the coming India Economic Summit at Delhi this November, to which the Chief Minister had agreed.

Senior officials of Asian Development Bank and World Economic Forum had separate discussions with Chief Secretary and other officers of Karnataka on collaboration on water related issues like improving irrigation efficiency and water supply in urban areas and micro irrigation.A follow up meeting would be held during mid November 2010 in Bangalore, it said.

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