Yediyurappa appeals American companies to invest in Karnataka

News Network
September 2, 2020
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Yediyurappa

Bengaluru, Sept 2: The Karnataka state government in partnership with US-India Business Council (USIBC) held a virtual delegation meeting yesterday with American Business houses to attract trade and investments to the state of Karnataka.

The meeting was attended by Chief Minister of Karnataka BS Yediyurappa, Ambassador Taranjit Singh Sandhu, Indian Ambassador to the United States along with senior govt officials from Govt of Karnataka and official from USBIC.

The meeting touched upon numerous business opportunities and investments that are available for American investors in Karnataka. Chief Minister held talks with US industry captains and detailed on the huge opportunities in IT, ITES services, machine tooling, manufacturing, aerospace, biotechnology, and engineering design.

"Karnataka is the favoured choice for investors and is home to 400 of the Fortune 500 companies in the world. The state is currently ranked second in terms of FDI investments for the period ending March 2020," said Chief Minister BS Yediyurappa, while attending the Webinar.

"The India-US relationship continues to strengthen with strong strategic, defence, and people-to-people ties. The trade between the two countries has grown significantly over the last two decades, from USD 19 billion in 2000 to USD 149 billion in 2020. Karnataka exhibits significant potential in many sectors and offers a policy-driven ecosystem for industries and is characterized by responsive & industry-friendly administration and policy continuity. We have dedicated policies to promote various sectors such as biotechnology, healthcare, semiconductors, agriculture, automobiles," he added.

Karnataka has been an attractive investment destination and is one of the most industrially advanced states in India. Today, Karnataka is a nearly USD 250 billion economy and growing strong. The state has been leading the country in several sectors. The state has traditional strengths in a wide range of industries - such as Machine tools, Heavy machinery, Automobiles, Electronics, Aerospace & Defense, Biotechnology.

Uncertainty around the US-China economic relationship, as well as the coronavirus outbreak, provides an opportunity to evaluate the US-India trade and economic relationship. This would make India a competitive destination for many US companies, the Chief Minister added.

Karnataka is taking cautious steps to reboot the economy and support economic activities in the state. The recent 2019 NITI Aayog 2019 Innovation Index has Karnataka at the top. This has been possible due to the availability of quality human resources, reputed higher educational institutions, and a significant thrust on research and development aided by a proactive administration and conducive investment climate.

"Keeping the investor-centric approach, our government has launched the New Industrial Policy 2020-2025, to build a prosperous Karnataka and create large-scale employment opportunities. This industrial policy is very forward-looking and brings with it several incentives and regulatory reforms such as land access and labour market regulation. Promoting economic and industrial development of our state has always been a top priority for our government," he said.

"Keeping in mind the immense potential for combining US's capital, innovation, and technologies with the rich human resources and economic opportunities available in Karnataka's high-growth economy, I invite US companies to invest across sectors in Karnataka," Chief Minister added.

"Karnataka is one of the leading industrialised states in India and has been successful in providing the needed economic and social infrastructures for investment, industries and business to the US companies. I am sure that together Karnataka and US can forge a mutually beneficial economic partnership. The state offers a policy-driven ecosystem for industries - is characterized by responsive & industry-friendly administration, business and policy continuity," Gaurav Gupta, IAS, Principal Secretary, Commerce & Industries Department, Government of Karnataka said.

"I believe that the current geopolitical scenario has presented a golden opportunity to further nurture US - Karnataka bilateral relationship and transform it into a global strategic partnership. Karnataka is the knowledge capital of India and has been at the forefront of innovation," Gunjan Krishna Commissioner for Industrial Development and Director of Industries and Commerce Government of Karnataka said.

"Today's discussion with Chief Minister Yediyurappa, Ambassador Taranjit Sandhu, USIBC Board Member Kiran Mazumdar Shaw and other industry leaders highlighted the opportunities Karnataka presents in sectors like IT, machine tooling, aerospace, biotechnology, and engineering design. Karnataka has undertaken significant policy reforms to become one of India's most business-friendly states. As India seeks to compete on the global stage, Karnataka's "New Industrial Policy" and similarly forward-leaning policies will be critical to attracting investment and creating new jobs," Nisha Biswal President of the US-India Business Council (USIBC) said.

The virtual delegation meeting was attended by Gaurav Gupta, Principal Secretary - Commerce and industries, Commissioner for Industrial Development, Gunjan Krishna Commissioner for Industrial Development and Director of Industries and Commerce, Tim Roemer, Executive Director, APCO, William Blair CEO, Lockheed Martin, Simon George, President, Cargill, Ramesh Ramadurai, Managing Director 3M, Hemant Kanoria, Chairman and CEO, SREI, K Nanaiah, Managing Director Equifax, Dr Vasudev S Gavaskar, Partner, True North Partners, Nitin Bhate, AGM - New Business Initiatives, Xylem, Ramkumar Narayan, Managing Director VMware, Rahul Shah, CEO, Katalyst Technologies, Vivek Vasistha, Lead Global Process IBM, Nileema Dwivedi, Head of Government Affairs Microsoft and other leaders of the US companies based out of India.

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News Network
February 3,2026

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Dakshina Kannada MP Capt Brijesh Chowta has urged the Centre to give high priority to offshore wind energy generation along the Mangaluru coast, citing its strategic importance to India’s green energy and port-led development goals.

Raising the issue in the Lok Sabha under Rule 377, Chowta said studies by the National Institute of Oceanography have identified the Mangaluru coastline as part of India’s promising offshore wind ‘Zone-2’, covering nearly 6,490 sq km. He noted that the region’s relatively low exposure to cyclones and earthquakes makes it suitable for long-term offshore wind projects and called for its development as a dedicated offshore wind energy zone.

Highlighting the role of New Mangalore Port, Chowta said its modern infrastructure, multiple berths and heavy cargo-handling capacity position it well as a logistics hub for transporting and assembling large wind energy equipment.

He also pointed to the presence of major industrial units such as MRPL, OMPL, UPCL and the Mangaluru SEZ, which could serve as direct buyers of green power through power purchase agreements, improving project viability and speeding up execution.

With Karnataka’s peak power demand crossing 18,000 MW in early 2025, Chowta stressed the need to diversify renewable energy sources. He added that offshore wind projects in the Arabian Sea are strategically safer compared to the cyclone-prone Bay of Bengal.

Calling the project vital to India’s target of 500 GW of renewable energy by 2030, Chowta urged the Ministry of New and Renewable Energy to initiate resource assessments, pilot projects and stakeholder consultations at the earliest.

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News Network
January 31,2026

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Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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News Network
January 23,2026

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The Voice of Hind Rajab, inspired by the tragic final moments of a young Palestinian girl killed by Israeli fire in Gaza, has been nominated for an Academy Award in the Best International Feature Film category.

Directed by Tunisian filmmaker Kaouther Ben Hania, the film recounts the true story of five-year-old Hind Rajab, who lost her life in January 2024 while fleeing Israeli bombardment with her family.

The film features the real audio of Hind’s desperate call to the Palestinian Red Crescent Society, where she pleaded for help moments before the vehicle she was in was struck by 355 bullets.

The haunting narrative begins with a brief call made from the besieged Tel al-Hawa neighborhood of Gaza, where gunfire and armored vehicles drowned out every sound.

After witnessing the brutal killing of her family, she made a trembling call, her voice reduced to a whisper as she spoke of the massacre and her unbearable loneliness as the sole survivor.

Premiering at the Venice International Film Festival in September 2025, The Voice of Hind Rajab garnered widespread acclaim, receiving a record-setting 23-minute standing ovation and the Silver Lion Grand Jury Prize, the festival’s second-highest honor.

In her acceptance speech, Ben Hania dedicated the film to humanitarian workers and first responders in Gaza, emphasizing that Hind's voice symbolizes countless civilians affected by war.

She aims to give voice to victims often reduced to mere statistics, highlighting the broader suffering of civilians in war zones.

The film’s Oscar nomination underscores its powerful storytelling and ethical approach to depicting real-life tragedy, making it a crucial piece of contemporary cinema.

It serves not only as a narration of individual tragedy but also as an artistic and documentary response to the silence and censorship that often overshadow West Asian struggles and wars.

Using an innovative method she calls docufiction, Ben Hania bridges unvarnished reality and narrative structure, creating a work that is both artistically valuable and socially impactful.

Born in 1977 in Sidi Bouzid—later the epicenter of the Arab revolution—her background profoundly influenced her worldview and artistic approach.

She is a graduate of the Higher School of Audiovisual Arts of Tunis, Pantheon-Sorbonne University, and La Fémis in Paris, where her studies equipped her with the technical and theoretical tools needed to address complex subjects. 

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