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GIM-2013 to be held on June 2-3

Tuesday, 4 December 2012 - 1:04pm IST | Place: Bangalore
Chief minister Jagadish Shettar on Monday said that 248 projects in large and medium industries segment committed during the Global Investors Meet in June have been implemented.

Chief minister Jagadish Shettar on Monday said that 248 projects in large and medium industries segment committed during the Global Investors Meet in June have been implemented.

Releasing the Global Investors Meet 2012 progress report, Shettar said the 248 projects had invited investment worth of Rs1,74,000 crore and created 8,13,125 jobs in the state.

Shettar said 5,104 projects were completed in the micro, small and medium enterprises segment, while a Rs10,909 crore investment was made and 1,09,334 jobs were created.

“We have launched e-Udyami, an online portal, to create an online mechanism allowing all investors, independent of their current location, to invest in Karnataka without the hassle of visiting multiple departments in person,’’ Shettar said.

Stating that Karnataka has been at the forefront to create a conducive atmosphere for investors, the CM said review meetings were being held under the supervision of Chief Secretary.

“I am delighted to announce that the next Global Investors Meet will be held on June 2-3, 2014,’’ he said.

Murugesh R Nirani, minister for large and medium scale industries, said there was a delay in putting up the required infrastructure at the proposed Aerospace Park near Devanahalli due to some problems.

“The government had to resurvey the land since a few people have claimed compensation by creating fake documents. As of now, 95% of the roads have been developed and the remaining work will be completed within three months. We have invested around Rs500 crore in this project to provide the necessary infrastructure for not only aerospace but also IT and hardware. We have already allotted land for 27 aerospace companies,’’ Nirani said.

On the implementation of projects committed during GIM 2012, Nirani said the state government expects to achieve 65% of projects implemented in the next five years. “Our aim is to see that 65% of the total projects implemented in five years and we are confident of achieving it,’’ the minister said.

FKCCI left high and dry
K Shiva Shanmugam, president, Federation of Karnataka Chambers of Commerce and Industry (FKCCI), reminded the chief minister and the minister for large and medium industries about government’s promise to invited FKCCI representatives for weekly and monthly review meetings chaired by the chief secretary, the minister for medium and large industries and the chief minister.

“You promised as much during the valedictory function of the GIM 2012 but failed to invite FKCCI representatives to attend a single meeting. We are not aware of the progress of review meetings,’’ said Shanmugam.

While the chief minister was confused since he was not at the helm of affairs during GIM 2012, the minister for large and medium industries promised to honour the commitment after Belgaum session. “We will look into the matter,’’ the minister said.




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