City
Epaper

Basavaraj Bommai says govt working to make Karnataka top investment destination

By ANI | Updated: May 8, 2022 09:40 IST

Karnataka Chief Minister Basavaraj Bommai said the state government will ensure that the state becomes the top destination for the foreign and national investors.

Open in App

Karnataka Chief Minister Basavaraj Bommai said the state government will ensure that the state becomes the top destination for the foreign and national investors.

On Saturday, the Chief Minister spoke toafter he participated in a programme where the international automobile giant Toyota signed an agreement to invest Rs 4800 crore in the state.

Bommai said the government is quietly working on various sectors which can attract investors in a big way. The sectors include IT, electronics, semiconductors, and electric vehicles. ''We will encourage investments in these sectors with our attractive offers,'' he said.

The Chief Minister mentioned that last week a mega agreement was signed with a semiconductor company and now an agreement has been signed with Toyota.

"We will soon have an agreement for electric vehicles and Karnataka will be a hub for electric vehicle manufacturers,'' he noted.

The state is seeking investment in key technology areas. ''A company like Toyota coming forward to invest in Karnataka shows that the state is investor-friendly. This is a message to the entire world,'' he added.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: toyotaBasavaraj BommaiToyota motor corporationIncluye tOli jiBasavaraj somappa bommaiToyota motor corp.Toyota motor
Open in App

Related Stories

EntertainmentKiccha Sudeep's Mother Saroja Passes Away at Bengaluru Hospital; Karnataka Deputy CM DK Shivakumar Expresses Grief

NationalBasavaraj Bommai Requests Union Minister Nitin Gadkari To Upgrade Ilkal- Karwar Road to National Highway

NationalKarnataka Election Results 2024: Former CM Basavaraj Bommai Leading at Haveri Lok Sabha Constituency Against Anandswamy Gaddadevarmath

NationalChaos for the Saffron Party in Deciding the Names of Candidates for Five Lok Sabha Seats in Karnataka

NationalLok Sabha Polls: BJP Exercises for Candidate Selection

National Realted Stories

NationalBihar's first pedestrian subway nears completion in Patna: Minister

NationalGovt land freed from encroachment in largest demolition drive near Chandola lake in Ahmedabad

NationalRajasthan Police issue alert against cyber crime on pretext of Char Dham Yatra

NationalNDA, Grand Alliance spar over 'caste census credit' in Bihar; JD-U leader slams Oppn

NationalDisplaying 'Hindu terror', 'Gayab' posters made Cong leaders heroes in Pakistan: Union Minister