 "WEF 2022: Karnataka, Tamil Nadu making their presence felt in Davos")
Various Indian states are making their presence felt in Davos.
Karnataka Chief Minister Basavaraj Bommai on Wednesday launched a global investors meet at the state pavilion on the main promenade at the World Economic Forum (WEF) meet being held in Davos. Apart from presentations and videos, the participants were delighted to receive a packet of coffee grown in the state.
“Karnataka, the GI coffee hub of India is home to five GI-tagged coffees. Along with Monsooned Malabar Arabica and Robusta Coffee, the Chikamagaluru Arabica Coffee and Coorg Arabica Coffee showcase how Karnataka’s magical beans are globally renowned,” an accompanying note said.
Before leaving for Davos, the Karnataka chief minister said, "We will have an interaction with the 17 to 18 business leaders from different nations at the Karnataka pavilion. Since we are organising 'Invest Karnataka', a global investors' meet in November this year, in this regard we are holding the discussion with them."
On Monday, Karnataka signed a memorandum of understanding (MoU) with Lulu International Group for an investment of Rs 2,000 crore in the presence of CM Bommai. He also held talks with heads of Jubilant Group, Hitachi, Hero MotoCorp, Siemens, Dassault Systems and Nestle, among others.
Meanwhile, the government of Tamil Nadu held a separate panel discussion with senior executives of global companies, such as Schneider and Flex. The theme of “Building Advanced Manufacturing Ecosystems for Sustainable Growth” positioned Tamil Nadu as a destination for investment in high tech systems
Thangam Thennarasu, Minister, Industries, Investment Promotion and Commerce Department emphasised that policy predictability and business friendly mindset will enable the state to be a significant contributor to India’s growth story.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →Subscribe to Business Standard digital and get complimentary access to The New York Times
Quarterly Starter
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%