He also invited the Tokyo-Kannada diaspora to participate in the GIM.
Lauding the efforts of Prime Minister Narendra Modi in making India globally competitive and also Chief Minister Basavaraj Bommai’s policies for Karnataka’s progress, Nirani said the World Economic Forum Meet in Davos, Switzerland, proved fruitful for Karnataka as it has succeeded in drawing huge investments.
“Under the able leadership of Chief Minister Basavaraj Bommai, agreements on investments worth Rs 1 lakh crore have been signed in the last 3-4 months,” he said this only shows the faith reposed by major companies in Karnataka.
Many more companies have expressed their willingness to invest in the State, he added.
Karnataka and Japan have cordial industrial relations, Nirani said while referring to a Japanese Industrial Township that has been set up at Vasanthanarasapura in Tumakuru district, where around 519.55 acres of land have been earmarked and basic infrastructure provided.
“We will encourage and extend all support to Japanese companies investing in Karnataka,” he said, adding that Karnataka ranks first in the list of States that have attracted the most foreign direct investments. “Our State’s share in the total foreign direct investment of the country is 38 percent,” he said. PTI KSU NVG NVG