Siddaramaiah invites NRI tycoons in UAE to invest in Karnataka

[email protected] (Shodhan Prasad)
May 2, 2017

Dubai: KNRI Forum-UAE president and chairman of Fortune Group of Hotels, Praveen Kumar Shetty in association with industrialist Ronald Colaco hosted the first ever historical KNRI-UAE Business Meet with Chief Minister of Karnataka Siddaramaiah at Fortune Park Hotel, Dubai Investment Park on Saturday the 29th April, 2017 evening with very many well-known business community Kannadiga invitees along with KNRI-UAE Office bearers which was a successful event hosted with dinner.

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Ronald Olivera as master of ceremony welcomed Siddaramaiah, Ronald Colaco, Praveen Shetty and all the dignified members of KNRI Business Executives to the business meet and elaborated on the event. CM was honoured with flower bouquet by Praveen Shetty and later other distinguished guests, Dr. Arathi Krishna, the Vice President of NRI Forum Govt. of Karnataka, Shri. Govindaraju, Ex-MLA Shri. H. Srinivas, MLA Moideen Bava and other dignitaries were welcomed with flower bouquet. Philanthropist Ronald Colaco was also later welcomed with flower bouquet by Praveen Shetty.

Siddaramaiah later inaugurated the event with the traditional lighting of the lamp along with Ronald Colaco & Praveen Shetty.

Praveen Shetty rendered the welcome speech and thanked all those who have wholeheartedly come to the event and also mentioned special thanks to the CM for accepting his invitation. He also thanked Ronald Colaco for supporting him in this historical event.

Ronald Colaco beautifully introduced Siddaramaiah with step by step chronological narration of a humble person’s true story from his early days to the current position how he ambitiously surpassed with double jump in his career all through and became a leader of the Kannadigas. He then said that he is proud to say that CM Siddramaiah is closely known to him all these years and respected him as a true leader.

The evening continued with introduction of all those invited Kannadiga NRI business community people who one by one introduced themselves to the audience as well as CM who was carefully listening all through.

CM later thanked Praveen Shetty for hosting such an event and thanked all those Kannadiga NRI business people for attending such an event. He then repeated some of his briefings of the previous day’s KNRI-UAE inauguration speech and said that it may educate those who have not attended the historical event. He requoted the words of the famous Kannada poet Kuvempu “Wherever you live, however you live be a Kannadiga anytime – Yelladuru iru, Yenthadaru iru, Yendendigu nee Kannada Vagiru “.

While briefing that Karnataka now has become No. 1 investment friendly state for Indians and also No. 2 as investors friendly state for foreign direct investments, he promised full cooperation and support with legal assistance to all those investors in their ventures in Karnataka.

While welcoming new investors he said that Karnataka government has started the Pravasi Bharatiya Conference which identifies the ‘Varshada Kannadiga’ and honours the identified business man of the year with the award every year.

He also briefed on the NRI Forum, Karnataka’s slogan ‘One State – Many Opportunities’ and said that Karnataka is the IT hub of the world with the state contributing over 40% of the IT Exports of India. He added that the GDP of the state grew at 5.3% v/s 5% of the India GDP and Karnataka is the ideal location for Hi-tech industries like Aerospace, Automobiles, IT & BT. He proudly stated that Bangalore is the Silicon Valley of India and Karnataka is the knowledge hub of Asia. The pamphlet distributed by the NRI Forum Karnataka states that Karnataka ranks 5th in India for growing vegetable crops, it is the largest producer of Floriculture, Spices, Aromatic and Medical Crops & Fruits, is producing 70% of India’s Coffee, 3rd state in India’s Sugar production and major scope for Agri-exports, Animal husbandry, Poultry, Milk & Fisheries in record.

Followed was question answer cession wherein some of the NRI Kannadigas who raised some valuable questions while CM responded politely with acceptance. Hafiz Saifulla, CEO of Zhumino Group of Companies highlighted on the vegetable exports from India which is banned due to the poor methodology. He said that we should work on providing Indian farmers with value added solutions so that our Products will have a high importance while on export market comparing the situations of those exports from other friendly states. He stressed that Karnataka should follow the methodology of Europe and set standards for Karnataka based perishable products. CM answering to his question invited him to raise this issue directly to him so that he will work on real solutions to this issue.

There were various other questions including providing spaces in some of the Industrial Zones and/or granting special zones for KNRI’s in those specified zones. Dr. Kaup, one of the respected member also stressed on giving permission for the foreign Educational Institutes and Universities to open up in Karnataka so that our own Kannadiga students will get some attractive opportunities to opt their higher studies in Karnataka instead of going to Europe.

CM shared and responded that there is a link created by the government for all the queries one may have and NRI Kannadigas can any time log in to it to know better Karnataka. He confirmed that his government is looking into all the grievances of Kannadigas worldwide and will be more than happy to address each and every issue one may have. While taking it forward into a complaint free state of India, he assured all assistance to the really required Indian Kannadigas in whatever issues they may have in the development of the Karnataka State.

Ronald Olivera concluded the evening with vote of thanks which was followed by sumptuous classic dinner hosted by Fortune Group of Hotels. Broadway Events headed by Joel Crasta supported both the KNRI-UAE main event & the Business Dinner event with sound, light and photographs professionally.

Also Read: CM inaugurates Karnataka NRI Forum-UAE; hails initiative of Kannadigas

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News Network
November 27,2025

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Bengaluru: The Vokkaligara Sangha on Thursday issued a stern warning to the Congress, saying the party could face serious electoral repercussions if Deputy Chief Minister D.K. Shivakumar is not appointed as Chief Minister.

The warning follows the public backing of Shivakumar’s chief ministerial ambition by top Vokkaliga pontiff Nirmalanandanatha Swami, who urged the Congress high command to honor his claim.

“The community supported Congress in the 2023 Assembly elections only because Shivakumar had a real chance to become CM. If he is cheated, we’ll teach the party a big lesson,” said newly elected Sangha president L. Srinivas. He added that Vokkaligas would organize protests under the guidance of community leaders.

General Secretary C.G. Gangadhar pointed out that Congress won more seats in the Vokkaliga-dominated Old Mysuru region due to Shivakumar’s influence, adding, “If Congress wants to retain power, Shivakumar should be made the CM.”

Outgoing president Kenchappa Gowda emphasized Shivakumar’s contribution to Congress’ victory. “Our community voted for Congress thinking he would become CM. Siddaramaiah has also served the party well, but Shivakumar should now be given a chance,” he said.

Former general-secretary Konappa Reddy appealed to Sonia and Rahul Gandhi to recognize Shivakumar’s loyalty and service, saying, “Congress is known to keep its promises. We hope it won’t break the promise made to him.”

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coastaldigest.com news network
November 28,2025

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Udupi district transformed into a sea of saffron and celebration on Friday, November 28, as Prime Minister Narendra Modi’s roadshow swept through the coastal temple town. Thousands of residents lined the streets, turning the event into a vibrant public spectacle filled with cheers, flags, and festive energy.

The procession route—from the helipad to the historic Sri Krishna Math—was decked with buntings, saffron flags, and multilayered security barricades. One of the district’s largest-ever security deployments was put in place for the high-profile visit, with over 3,000 police personnel on duty. The arrangement included ten SPs, 27 DSPs, 49 inspectors, 127 sub-inspectors, 232 assistant sub-inspectors, 1,608 constables, and 39 women staff.

Six platoons of the Karnataka State Reserve Police, six Quick Response Teams, bomb detection units, and dog squads were stationed across Udupi. Enhanced surveillance covered Adi Udupi, Bannanje bus stand, and the Sri Krishna Math parking zone, with combing operations carried out along the roadshow corridor.

At the 800-year-old Sri Krishna Math, preparations reached a ceremonial peak. Paryaya Puttige Math seer Sugunendra Teertha Swamiji said the Prime Minister would take part in the Laksha Kantha Geetha Parayana, a mass chanting of the Bhagavad Gita by one lakh devotees, and inaugurate the new Suvarna Teertha Mantapa.

“He will first offer floral tributes to saint-poet Kanakadasa and then unveil the golden covering over the Kanakana Kindi,” the seer said.

The Prime Minister will also receive a Poorna Kumbha welcome and have darshan of Lord Sri Krishna, Mukhyaprana Devaru, and the Suvarna Paduke. Union Minister Pralhad Joshi, Karnataka Governor Thaawarchand Gehlot, Minister Bairathi Suresh, Dharmadhikari D. Veerendra Heggade, and seers from the Ashta Maths are expected to join the ceremony.

Ahead of his arrival, the Prime Minister posted on X that he felt “honoured” to attend the spiritually significant gathering. “This is a special occasion that brings together people from different sections of society for a recital of the Gita. This Matha has a very special significance in our cultural life,” he wrote, noting the institution’s long-standing legacy rooted in the teachings of Sri Madhvacharya.

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News Network
November 26,2025

Mangaluru, Nov 26: Mangaluru East police have registered a case following a sophisticated online fraud where a 57-year-old local resident was allegedly cheated out of ₹13.4 lakh after being targeted on Facebook.

The scam began in February when the complainant, while browsing Facebook reels, was contacted by a woman identifying herself as "Lillian Mary George" from London. After establishing a chat relationship, the woman claimed she would visit India in November and bring a significant sum of money.

The trap was sprung on November 15, when the victim received a call from a woman named "Sonali Gupta," who claimed Lillian had arrived at Mumbai International Airport but was detained by customs. The fraudsters convinced the man that Lillian was carrying £25,000 (about ₹26 lakh) in traveller’s cheques and 1 kg of gold (valued at around ₹30 lakh).

Under the pretense of clearing these items, the victim was asked to make numerous online transfers between November 15 and 18 for various bogus charges, including:

•    "Pounds exchange registration"
•    "Customs declaration issues"
•    "Discount charges"
•    "Money-laundering charges"

Believing the fictitious story, the complainant transferred the cumulative sum of ₹13.4 lakh to various bank accounts provided by the fraudsters. He realised he was cheated when the culprits later promised a refund within two days but stopped answering his calls. The Mangaluru East police are now investigating the case, which highlights the continuing threat of transnational cyber fraud using social engineering and promises of fictitious wealth.

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