Bangalore

Karnataka draws highest FDI in last quarter: CM Bommai

Bengaluru: India has drawn the highest Foreign Direct Investments in the last quarter and among the states, Karnataka tops the list, Chief Minister Basavaraj Bommai said on Sunday.

Speaking to the media persons here before leaving for Davos to participate in the World Economic Forum Summit, Bommai said, “We are proud of it … I am set to meet many business honchos and captains of the industry.

“Many of them have shown interest to invest in Karnataka. I am confident of getting a good response for our efforts to attract investments to the state.”

Referring to the Global Investors’ Meet that Karnataka has scheduled for November, the Chief Minister said the interactions at the Summit would be of significant help in drawing investors to Karnataka.

“This time the Global Investors’ Meet would not be confined to just singing of MoUs. All the initiatives would be taken to ensure setting up of the industries after signing of MoUs,” he said.

Industries minister Murugesh Nirani, IT, BT Minister Ashwathnarayan and senior officials are accompanying the Chief Minister.

This post was last modified on May 22, 2022 6:32 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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