Karnataka Chief Minister Siddaramaiah.
Karnataka Chief Minister Siddaramaiah asked German companies to invest in Karnataka. He said that there are adequate conditions for investment in the state. He called for joining Germany as a partner country at the Global Investors Meeting to be held in the state next year in 2025. on Friday Speaking online at the News9 Global Summit event organized by TV9 network in Stuttgart, Germany, Siddaramaiah called for strengthening trade relations between Karnataka and Germany.
He said that Karnataka and Germany have a very deep relationship. Both have a deep association in the field of trade and ADI. More than 6,000 German companies work in India. More than three lakh people work in them. 600 joint ventures work here. There are around 200 German companies in Karnataka alone.
The Chief Minister of Karnataka said that Karnataka has always been a favorite state for investors. There is a very good business environment here. The State provides many facilities to companies and investors, so that companies can help expand their businesses in India.
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Suitable investment environment in Karnataka
He said Karnataka is a suitable place for investment. There is a favorable environment for investors here. There is world-class infrastructure here. They are skilled workers. Karnataka CM Siddaramaiah has asked German companies to use it.
CM said there are 200 German companies in Karnataka, including Bosch and Siemens. Karnataka is a good investment destination. Germany has the opportunity to take advantage of this. There is a pool of skilled workers in Karnataka. There is education and skill here. There is a well-developed infrastructure. Siddaramaiah said the government has a policy to encourage foreign investment.
CM praised World Summit News 9
He said that BangaloreThere is a technology center here and more than 400 research and development centers operate. German companies can use them. It has an investor-friendly environment, world-class infrastructure and skilled workforce. He said German companies can use it.
During this, Siddaramaiah mentioned the Invest Karnataka 2025 conference to be held in Bengaluru from February 11 to 14, 2025 and said Germany had also made a call to become a partner in that programme.
The Chief Minister of Karnataka congratulated TV9 Network for organizing the News9 Global Summit. He said such conferences will help promote business and innovation in the country.
