Karnataka to host Global Investors Meet in April 2027
The state government has launched a new aerospace policy and a digital land bank ahead of the upcoming summit.
The Karnataka government will host the Global Investors Meet (GIM) 2027 from April 20 to 22 at Palace Grounds in Bengaluru, according to The New Indian Express and Deccan Chronicle.
At a curtain-raiser event on Thursday, Chief Minister D K Shivakumar and Industries Minister MB Patil announced the new Aerospace and Defence Policy (2026–31) and the KIADB Digital Industrial Land Bank.
The state intends to secure Rs 7.5 lakh crore in investment and create 20 lakh jobs by 2030 under its Industrial Policy 2025–30.
Specific targets include attracting Rs 60,000 crore and 60,000 jobs through the aerospace and defence policy, while the textile and apparel policy aims for Rs 20,000 crore in investment and five lakh jobs.
Minister MB Patil noted that approximately 65 per cent of manufacturing investments from the previous meet have already turned into projects, with companies such as Foxconn and Wipro Electronic Materials progressing with operations.
The government also plans to hold a dedicated investors' conclave in North Karnataka to promote opportunities in the Kalyana Karnataka and Kittur Karnataka regions.