Bengaluru, May 27 (UNI) Karnataka Chief Minister Basavaraj Bommai on Friday said corporates have expressed their commitment to invest about Rs 65,000 crore as a result of state government's progressive policies and incentives for industrialisation.
"WEF meet has proved a success for Karnataka, as investment commitments to the tune of Rs 65,000 has been received during the discussions held with over 25 major corporates of the world in various sectors," he told reporters, he told reporters on his return from the World Economic Forum Annual Meeting held in Davos.
The conducive ecosystem for investments, forward looking policies, technology, availability of skilled human resources, R&D base, incentives for entrepreneurs, availability of land have enabled Karnataka to gain the confidence and trust of the investors, Bommai said.