Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2012-06-07

Karnataka looks at over Rs 20,000 cr investment in MSME

The Karnataka Government is eyeing over Rs 20,000 crore investments in micro, small and medium enterprises (MSME) sector in this year's two-day Global Investors Meet (GIM), which started on Wednesday.

Karnataka looks at over Rs 20,000 cr investment in MSME

The Karnataka Government is eyeing over Rs 20,000 crore investments in micro, small and medium enterprises (MSME) sector in this year's two-day Global Investors Meet (GIM), which started on Wednesday.

"About 8,000 companies are participating in GIM 2012 and we are looking at over Rs 20,000 crore investments in MSME sector," a top government official told reporters. Chief Minister D V Sadananda Gowda inaugurated the meet.

The Best part of this year’s GIM is that many participants are cluster-based companies like plastic, packaging, machine tools, medical equipment, precision engineering, areospace and pharma among others, the official said.

He further added that companies from Mysore have committed an investment of Rs 12,000 crore , those from Belgaum of Rs 2,000 crore, Rs 4,000 crore investments would come from companies based in Hubli-Dharwad and Rs 1,000 crore from Dakshin Kannada district companies.

Industries in and around Bangalore have committed an investment of above Rs 5,000 crore, the official said.

More than 30 countries including Italy, Japan, Mexico, UK Cannada, Taiwan and Germany, among others, are participating in the meet, he told reporters.

Some of the key participants in the expo are JSW Group, Honda two-wheelers, Grasim, Suzlon, Gail, Zuari Cements, SBI, Tata Motors, Toyota Motors, L&T, Indian Oil Company, HAL, NAL, DRDO, Mangalore Refineries and Petrochemicals Limited.

Related opportunities
  • Ice Creams & Yogurt Parlors
    About Us: Peggy Icecream, A House of Gourmet Flavors reviving the nostalgia..
    Locations looking for expansion Chandigarh
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chandigarh Chandigarh
  • Others Health Care & Fitness
    Sanitisation Express is a noble initiative from the UClean family..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Fine Dine Restaurants
    About Us: Established in 1931, Kake-Da-Hotel (K-D-H) is a heritage hotel,..
    Locations looking for expansion Haryana
    Establishment year 1950
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • Amusement Centres
    About Us: Chi Chi’s SkyJumper is a new-age sensation in the field..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
ads ads ads ads