Invest Karnataka 2025 Inaugurated, Aims for ₹10 Lakh Crore in Investments
Defence Minister Rajnath Singh inaugurates the three-day Global Investors' Meet, focusing on innovation and sustainable growth in Karnataka.
BNH NETWORK
Bengaluru - Defence Minister Rajnath Singh inaugurated the Global Investors' Meet, Invest Karnataka 2025, today, marking the commencement of a three-day event aimed at fostering innovation and attracting substantial investments to the state. The summit, themed "Reimagining Growth," anticipates investment proposals totaling ₹10 lakh crore, with a target of realizing at least 70% of these commitments.
The inauguration was graced by prominent figures, including Chief Minister Siddaramaiah, Deputy Chief Minister D.K. Shivakumar, Karnataka's Large and Medium Industries Minister M.B. Patil, Union Minister for Food and Civil Supplies Pralhad Joshi, and Karnataka Chief Secretary Shalini Rajneesh. Industry leaders such as Mahindra Group Chairperson Anand Mahindra, JSW Group Chairperson Sajjan Jindal, Biocon Chairperson Kiran Mazumdar Shaw, Kirloskar Systems Chairperson Geetanjali Kirloskar, and Hero Future Energies Chairperson Rahul Munjal were also in attendance.
The event features over 75 marquee speakers, more than 25 technical sessions, and 19 country partners engaging in investment and trade discussions. Notably, U.S.-based Lam Research announced an investment of over ₹100 billion in Karnataka to strengthen the state's semiconductor ecosystem.
In conjunction with the summit, the Karnataka government unveiled a new single-window system to streamline investments, introducing the Udyog Mitra Assistant (UMA), an AI-powered chatbot providing real-time, multilingual assistance on policies, approvals, and incentives.
The Invest Karnataka 2025 summit underscores the state's commitment to sustainable industrial practices, balanced regional growth, and establishing itself as a leader in sectors such as electronics system design, advanced manufacturing, aerospace, and future mobility.
