Karnataka expects to receive FDI worth Rs 75,000 crore: Education Minister ...Middle East

Economy by : (Business Standard) -
Karnataka is expecting a Foreign Direct Investment worth Rs 75,000 crores in sectors like biotech and start-ups, the state's Education Minister Dr Ashwath Narayana has said. The minister, who accompanied Chief Minister Basavaraj Bommai at the World Economic Forum at Davos, said that the Davos meeting was very successful. He said the government was keen on developing other cities like Mysore, Mangalore, Belgaum, Hubli-Dharwad and Shimoga as well. "The state is also developing seven to eight more airports," the minister told PTI after addressing members of the KannadigaruUK at the Bharatiya Vidya Bhavan here on Friday. Karnataka in Davos signed two major MOUs worth Rs 52,000 crores, with two m

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