February 5, 2023

BENGALURU EXPRESS

Truth Triumphs

State to become first destination for investment in Foreign and National Investors: CM Basavraj Bommai  

Bengaluru, May 7: Chief Minister Basavaraj Bommai has said that his government will strive and ensure Karnataka becomes the top destination for the foreign and national investors.

He was speaking to the media persons after he participated in a programme where the international automobile giant Toyota signed an agreement to invest Rs 4800 crore in the state.

He said that his government is quietly working on various sectors which can lure the investors in a big way. The sectors being the manufacturing as well as the service sectors like IT, BT, electronics, semiconductors, electric vehicles.

“We will encourage investments in these sectors with our attractive offers,” he said.
Stating that the agreements for investment is happening every now and then, the Chief Minister mentioned that last week a mega agreement was signed with a semiconductor company, “now an agreement has been singed with Toyota.

We will soon have an agreement for electric vehicles and Karnataka will be a hub for electric vehicle manufacturers,” he expressed his confidence.

The state is progressing in technology as well as in investment. “A company like Toyota coming forward to invest in Karnataka frequently is a classic example of an investor friendly state. This is a message to the entire world,” he said.
 

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