Karnataka to host Global Investors Meet in Bengaluru in April 2027
The state aims to attract investments worth Rs 7.5 lakh crore and create 20 lakh jobs by 2030.
Karnataka will host the Global Investors Meet (GIM) 2027 from April 20 to 22 at Palace Grounds in Bengaluru, according to reports by India Today, Urban Acres and BusinessLine. Chief Minister D.K. Shivakumar announced the preparations on Thursday, stating the state aims to secure Rs 7.5 lakh crore in investments and generate 20 lakh jobs by 2030 under the Industrial Policy 2025–30.
The Chief Minister noted that the state's economy expanded by 8 per cent last year and drew nearly $13 billion in foreign direct investment. He added that Karnataka accounts for more than 40 per cent of India's software exports and houses over 1,100 Global Capability Centres.
Large Industries Minister MB Patil said the government has launched the Aerospace and Defence Policy 2026–31, the Karnataka Industrial Areas Development Board (KIADB) Digital Industrial Land Bank, and the third edition of VentuRISE. The Aerospace and Defence Policy targets Rs 60,000 crore in investment and 60,000 jobs, while the Textile and Apparel Policy 2026–31 aims for Rs 20,000 crore and five lakh jobs.
Patil stated that approximately Rs 10.27 lakh crore was committed at the previous meet, with 65 per cent of manufacturing commitments already converted into projects. Companies including DN Solutions, Krones, Nidec and Foxconn have started operations, while projects by Lam Research, Applied Materials, Wipro Electronic Materials, Jindal Aluminium and Mahindra Aerospace are progressing.
The government intends to expand industrial growth beyond Bengaluru to regions such as Kalaburagi, Koppal, Belagavi, Kolar and Tumakuru. A dedicated investors' conclave will be organised in North Karnataka to highlight opportunities in the Kittur Karnataka and Kalyana Karnataka regions.