Invest Karnataka 2022 : Global Investors Meet : Hyderabad Road Show

We are pleased to inform you that Government of Karnataka in partnership with The Associated Chambers of Commerce and Industry of India (ASSOCHAM)  For Invest Karnataka 2022: Global Investor Summit is organizing an Interactive Session with Dr. Murugesh Rudrappa Nirani, Hon’ble Minister for Large & Medium Industries, Government of Karnataka at Global Investor Summit Road Show on Friday, 14th October 2022 from 06:30 pm at Hotel Taj Krishna, Hyderabad.  

Karnataka is a leading destination for global investments and the highest recipient of FDI inflows into India, with 38% of total FDIs in the previous financial year. The State is #1 in total exports among Indian states and stands 1st in the India Innovation Index- with more than 400 Global Capability Centres/ R&D Centres located in its capital city of Bengaluru.

To make Karnataka a global manufacturing hub, we have introduced multiple financial incentives to create favourable economics as part our New Industrial Policy (for e.g., investment promotion subsidy of up to 2.25% of annual turnover). We have also revamped our processes to facilitate ease of doing business (for e.g., we introduced an Affidavit Based Clearance system which provides 3-year moratorium on key approvals and clearances). We also have readily available land options at strategic locations and a highly skilled & trained labour workforce. These progressive initiatives, combined with a strong eco-system and multiple sector specific policies for sectors such as Electric Vehicles, Electronics, Aerospace & Defence, Toys, & Textiles make Karnataka a very attractive destination for global investments.

ASSOCHAM cordially invites Industry Leaders and decision makers (CEOs/ Managing Directors/ COOs/ Vice Presidents/ Group Heads/Senior Manager) from Hyderabad to kindly attend the Interactive Session with Dr. Murugesh Rudrappa Nirani, Hon’ble Minister for Large & Medium Industries, Government of Karnataka on Friday, 14th October 2022 at 6.30 pm onwards, followed by Dinner at Hotel Taj Krishna, Hyderabad.