"Karnataka's industrial growth surges as the state realizes ₹4.71 lakh crore in investment in just 11 months."

Karnataka has realised investments worth ₹4.71 lakh crore within 11 months of its Global Investors’ Meet (GIM) held in February 2025, accounting for about 46 per cent of the ₹10.27 lakh crore commitments secured at the event, Minister for Large and Medium Industries M B Patil said recently.

Sharing details ahead of his participation in the World Economic Forum (WEF) at Davos from January 19 to 23, Patil said the State has witnessed rapid conversion of investment commitments into on-ground projects, aided by faster approvals and a fully digital single-window clearance system.

According to him, of the ₹5.66 lakh crore in manufacturing investment commitments made at the GIM, ₹3.22 lakh crore has already materialised, translating into a success rate of 58 per cent. The renewable energy sector has seen investments of ₹1.41 lakh crore realised against commitments of ₹4.25 lakh crore.

In infrastructure development, investments worth ₹8,500 crore have been realised so far out of the ₹45,000 crore committed, the minister said.

Patil said the strong pace of investment realisation underscores Karnataka’s focus on ease of doing business and its efforts to position the State as a preferred investment destination.