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Karnataka set to host the Global Investors Meet, with the theme ‘Reimagining Growth’

PTI | | Posted by Pathi Venkata Thadhagath
Feb 10, 2025 05:43 PM IST

The event is expected to attract investment proposals worth ₹10 lakh crore and participation from about 19 countries.

The Government of Karnataka is set to host Invest Karnataka 2025, the state’s flagship Global Investors Meet from February 12-14, which will be inaugurated on Tuesday evening.

The event is expected to attract investment proposals worth <span class='webrupee'>₹</span>10 lakh crore and participation from about 19 countries, according to Karnataka govt.
The event is expected to attract investment proposals worth 10 lakh crore and participation from about 19 countries, according to Karnataka govt.

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According to the state government, the summit, themed "Reimagining Growth," aims to highlight Karnataka’s strategic advantages in fostering innovation, industrial growth, and global partnerships.

The event is expected to attract investment proposals worth 10 lakh crore and participation from about 19 countries.

Featuring more than 75 marquee speakers, over 25 technical sessions, more than 10 country sessions, and SME Connect discussions, the event will provide deep insights into global economic trends, emerging technologies, and resilience strategies, officials said.

Karnataka Minister for Large and Medium Industries M B Patil has said that Union Defence Minister Rajnath Singh will inaugurate the event in the presence of Governor Thaawarchand Gehlot, while Chief Minister Siddaramaiah will preside over the inaugural session.

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Additionally, Rahul Gandhi, Leader of the Opposition in the Lok Sabha, will launch the revamped Single Window System, and the state’s new Industrial Policy 2025-30 will also be unveiled at the event.

Several Union Ministers, including Pralhad Joshi, H D Kumaraswamy, Nirmala Sitharaman, Piyush Goyal, Ashwini Vaishnaw, Shobha Karandlaje, and V Somanna, have confirmed their attendance for the event between February 12-14.

Rajya Sabha Opposition Leader Mallikarjun Kharge will participate in the concluding ceremony.

Patil said on Saturday that Karnataka expects investment proposals worth 10 lakh crore, with a target of realising at least 70 per cent of these commitments.

At GIM, over 19 country partners are expected to engage in investment dialogues, strengthening global supply chain networks and exploring trade opportunities.

The summit will also host exclusive industry roundtables focusing on Renewable Energy, University Collaborations, and Healthcare Innovations, reinforcing Karnataka’s role in shaping the future of global industries.

The event is also expected to feature an impressive lineup of global visionaries, including Anand Mahindra, Sajjan Jindal, Shashi Tharoor, Sebastian Thrun, Ann Dunkin, Nikhil Kamath, Kiran Rao, Geetanjali Kirloskar, Kiran Mazumdar-Shaw, Vivek Lall, Sudarshan Venu, Martin Lundstedt, Rob Boyd, Akis Evangelidis, and Prashant Prakash as speakers.

The event will witness the announcement of a 200-acre Startup Park near Hubballi Airport, which will be developed to accommodate over 400 startups, and a 1,200-acre Solar Cell Manufacturing and Agro-Tech Park in Tidagundi, Vijayapura district.

Around 60 high-quality startups and industry leaders will showcase innovations in areas such as autonomous systems, carbon nanotubes, unmanned aerial vehicles (UAVs), and advanced robotics.

The Invest Karnataka Awards, launching on February 12, will recognise 14 outstanding industries for their contributions to Karnataka’s economy.

The Sunrise Sector Awards will honour excellence in Aerospace & Defense (public and private), Automobiles/Electric Vehicles (EVs), and Biotech & Life Sciences. Additionally, special awards will recognise "Highest One-Time Investment" and "Pioneers in Global R&D", among others.

On February 13, the first-ever SME Awards will be presented to over 35 small and medium enterprises (SMEs) that have significantly contributed to industrial growth, innovation, and employment in Karnataka.

There will also be district-specific awards and recognition for outstanding women entrepreneurs and sector excellence.

Under VentuRISE (Global Startup Challenge), nine awards totalling USD 300,000 will be given. USD 50,000 for the first-place startup, USD 30,000 for the second-place startup, and USD 20,000 for the third-place startup.

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