Karnataka Eyes ₹10 Lakh Crore Investment at Biennial Investor Meet

Bengaluru: Karnataka is poised to secure investment commitments worth ₹10 lakh crore across various industries at its biennial investor meet this week, according to M B Patil, Minister of Large and Medium Scale Industries. The event aims to highlight the state’s industrial potential, focusing on emerging sectors such as clean energy, artificial intelligence, and advanced manufacturing. Minister expressed confidence that at least 70% of these commitments would materialize, significantly boosting Karnataka's economy and employment opportunities. The state government is positioning Karnataka as a prime destination for both domestic and global investors, leveraging its robust infrastructure, skilled workforce, and innovation-driven ecosystem.

With the summit’s theme being ‘Re-Imagining Growth’, Patil emphasized the need to adapt to global challenges and technological advancements. “We are in an era of tech-driven, green, inclusive, and resilient growth,” he stated, citing geopolitical tensions, post-pandemic recovery, and disruptive innovations like artificial intelligence and clean mobility as key factors shaping the investment landscape. The state government aims to facilitate a business-friendly environment by offering policy incentives and infrastructure support to attract long-term, sustainable investments. This investor meet is expected to further cement Karnataka’s reputation as India’s leading industrial and technology hub.