Karnataka Deputy Chief Minister DK Shivakumar announced that the Global Investors’ Meet, Invest Karnataka 2025, will begin on February 11. The event is anticipated to draw investment proposals worth Rs 10 lakh crore. Shivakumar mentioned that 18 countries will participate, with over 2,000 investors registered and around 60 speakers scheduled to discuss key topics.

Event Highlights and Participation

Nine countries will set up dedicated pavilions to showcase their industries and investment potential. Industry Minister MB Patil has been instrumental in preparing for the event, leading delegations to several countries, including the US and Japan, to attract investors. Patil emphasised the significance of this year’s meet by stating that all states will participate, making it more meaningful.

The theme for the Global Investors Meet 2025 is “Reimagining Growth,” focusing on four verticals: Tech Driven, Green, Inclusive, and Resilient. Inspired by the World Economic Forum in Davos, new policies and initiatives will be unveiled during the event. A significant portion of proposed investments is expected to be implemented on the ground.

Policy Announcements and Incentives

The New Industrial Policy 2025-30 will be launched at the event, focusing on export promotion and offering enhanced incentives for industries in backward regions. Flexible incentives based on turnover or capital investment will be introduced, along with additional incentives for women employment. Sustainability goals and the Beyond Bengaluru Project will also receive incentives.

Patil announced business-friendly reforms, including ease of doing business measures and a revamped Single Window System. Efforts will encourage Research & Development centres and Global Capability Centres in Bengaluru to engage in local manufacturing. Special emphasis will be placed on green energy and developing the electric vehicle ecosystem.

Networking Opportunities and Key Attendees

The event’s inauguration is scheduled for February 11 evening, with business sessions on February 12 and 13. Notable attendees include Kumar Mangalam Birla, Anand Mahindra, and Kiran Mazumdar Shaw. Although Prime Minister Narendra Modi was invited, he cannot attend due to travel commitments in Paris.

More than 25 sessions with over 60 speakers are planned. The Karnataka government has collaborated with economists for the event. Sixteen countries are participating, with nine setting up pavilions. A diverse range of speakers from various fields will contribute to discussions.

Startup Challenge and Investment Commitments

VentuRISE will feature a Startup Challenge where industries present problem statements for startups to solve. It includes a prize of USD one lakh each for three verticals: electronics, aerospace and defence, and electrical vehicles. Industries will sponsor these cash prizes.

Regarding investments in Karnataka, the state government has secured a commitment of Rs seven lakh crore. An additional investment commitment of Rs three lakh crore is anticipated. Various business meets are planned to facilitate these investments.

The Global Investors’ Meet aims to foster economic growth through strategic partnerships and innovative solutions. The event promises significant opportunities for collaboration between local industries and international investors.