Karnataka beats recession and investors to invest 100 Billion dollars in the state
3:54 am in Uncategorized by admin
Karnataka Government has done what none could achieve in the entire country. The karnataka government has went ahead and has investors queued in great numbers to become the investment destination for the future. The Global Investor Meet to be held in silicon city of Bangalore. According to recent press releases by the Government of Karnataka the government is expecting investments upto 5 lakh crores INR that translates to 100+ Billion Dollars according to global standards. With the global economy on a downtrend and large number of countries like Greece and european crisis hitting the global economy on a larger scale this type of investment scenario in the state in particular the karnataka state is seen to be watched and admired.Karnataka which was always been the leader in information technology can now also boost of other sectors like automobile, nano technology, tourism, steel and cement which would compound for the overall development and bounce back the growth of the state in double digits and should probably the most advanced state in the entire country few years down the line.![]()