Global Investors Meet in Bengaluru from Feb 9-11 next year

The Karnataka cabinet on Thursday decided to host the Global Investors Meet (GIM) in Bengaluru from February 9-11 next year, to attract investments in the state.

''We have decided to organize the Global Investors Meet, themed 'Invest Karnataka-2022' at the Palace Grounds in Bengaluru for three days- February 9, 10, and 11,'' Law and Parliamentary Affairs Minister Basavaraj Bommai said after the cabinet meeting here.

The state government has announced a new industrial policy 2020-25 based on which a lot of concessions and other facilities will be given, he told reporters.

''Already a lot of groundwork is being done by the industries department for GIM and they are interacting with a lot of multinational companies.We are expecting a good response, despite COVID.'' The Karnataka government had earlier postponed the Global Investors Meet (GIM) planned in November 2020, citing COVID-19 and its induced lockdown.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)