Karnataka draws highest FDI in last quarter;we are proud of it”: says CM Bommai

Dr B Thomas (Special correspondent)

India has drawn the highest Foreign Direct Investments in the last quarter and among the states, Karnataka tops the list.We are proud of it, Chief Minister Basavaraj Bommai said.

Speaking to media persons before leaving for Davos to participate in the World Economic Forum Summit,Bommai said,I am set to meet many business honchos and captains of industry.

Many of them have shown interest to invest in Karnataka.I am confident of getting a good response for our efforts to attract investments to the state.”

Initiatives to set up industries

Referring to the Global Investors’ Meet Karnataka scheduled to be held in November, the Chief Minister said, the interactions at the Summit would be of significant help in drawing investors to Karnataka.

This time the Global Investors’ Meet would not be confined to just singing of MoUs.

All the initiatives would be taken to ensure setting up of the industries after signing of MoUs.

Industries minister Murugesh Nirani, IT, BT minister Dr. Ashwathnarayan and senior officials are accompanying the Chief Minister. .