Global Investors Meet: K’taka govt unveils Rs 1.5-trn proposed investments

Karnataka Medium and Large Industries Minister Murugesh Nirani on Saturday said proposals for investment to the tune of Rs 1.57 lakh crore were announced during the Global Investors’ Meet (GIM) here.

The 3-day GIM concluded on Friday.

Briefing reporters, the Minister said the GIM rose beyond expectations as plans for a total investment of Rs 9.82 lakh crore were made.

We have received investment proposals to the tune of Rs 9.82 lakh crore (since January this year) out of which Rs 2.83 lakh crore were approved by the single-window/State high-level clearance committee (SWCC/SHLCC) and Rs 1.57 lakh-crore investments were announced during the GIM, said Nirani.