Karnataka chief minister D K Shivakumar and industries minister M B Patil unveil the curtain raiser for Global Investors Meet 2027, to be held in Bengaluru from April 20-22 Screenshot
As part of the preparations, govt unveiled the Aerospace and Defence Policy 2026-31 and launched the KIADB Digital Industrial Land Bank along with the third edition of VentuRISE. Together, these initiatives capture the central idea behind the Global Investors Meet 2027 — backing ambition with effective implementation,” Patil said. Highlighting the progress made since the previous GIM in 2025, he said Karnataka had received investment commitments worth approximately Rs 10.27 lakh crore, exceeding govt’s expectations.
“Although the digital land bank and VentuRISE initiatives serve different purposes, they complement each other. Announcing the dates at the curtain-raiser event on Thursday, industries minister M B Patil said the govt was preparing to make the three-day event a truly global initiative, with a series of international outreach programmes to take Karnataka’s investment opportunities directly to investors in their respective countries and markets. One focuses on building the companies of tomorrow, while the other makes it easier to establish those businesses today.
Highlighting the state’s economic performance, Shivakumar said Karnataka’s economy grew by 8% last year, outperforming the national growth rate. Karnataka attracted nearly USD 13 billion in foreign direct investment last year and is home to more than 1,100 global capability centres (GCCs), the highest in the country. It contributes over 40% of India’s software exports, while nearly two-thirds of the country’s aerospace exports originate from the state, he said. To encourage industries in backward regions, eligible units will receive additional incentives, including capital subsidies of up to 20% in the most backward and priority taluks. On infrastructure, he said the 2026-27 state budget had earmarked Rs 84,567 crore for capital expenditure, with investments planned in roads, railways, airports, industrial land, reliable power supply, Metro expansion and the Bengaluru Suburban Rail project. He also said nearly 70% of Karnataka’s installed power capacity came from renewable sources, adding that govt was expanding solar and wind generation and focusing on energy storage.
Chief minister D K Shivakumar , inviting domestic and international investors to partner with Karnataka, said the state was positioning itself as a leading destination for semiconductors, aerospace, space technology, artificial intelligence, clean energy, life sciences and electric mobility. We will build the future together,” he said. Shivakumar said the next phase of Karnataka’s economic growth would extend beyond Bengaluru to Mysuru, Mangaluru, Hubballi-Dharwad, Belagavi, Tumakuru and Kalaburagi. “We want Karnataka to be not just an industrial hub, but a clean industrial hub,” he said.
“This is not just an investment summit. It is an opportunity to shape Karnataka’s future. Bring your ideas. Bring your investments. The state had the highest per capita income among India’s major states and the second-highest GST collections after Maharashtra.