Business EconomyPosted at: Nov 4 2026 11:45AM


Karnataka targets Rs 1.5 lakh crore investment, 20 lakh jobs by 2030: Minister

Bengaluru, Nov 4 (UNI) Karnataka has set an ambitious target of attracting investments worth Rs 1.5 lakh crore and generating 20 lakh jobs by 2030, Industries Minister MB Patil said.
Addressing the three-day Bengaluru Skills Summit organised by the Department of Skill Development, Entrepreneurship and Livelihood, he said the state was also working towards becoming a USD one trillion economy by 2032.
Patil said nearly 75 per cent of the investment proposals received by Karnataka had materialised, underlining the need to strengthen the state's skilled workforce to support its investment and industrial growth ambitions.
The government had introduced the 'Nipuna Karnataka' programme to enhance skill development and create a workforce equipped to meet emerging industry requirements, he said.
Minister Dr Sharanaprakash Patil said Bengaluru should expand its identity beyond being a technology capital and emerge as a global hub for skills and youth power.
Home Minister Priyank Kharge said Karnataka had established itself as a major centre of knowledge and skills. He described the state as the world's fourth-largest technology cluster and eighth globally in terms of the number of startups.
The summit also witnessed the release of three policy and knowledge documents -- Karnataka Kaushal Sampada, Karnataka Talent Landscape and Karnataka Workforce Blueprint-2030 -- aimed at strengthening the state's skill development and employment ecosystem.
Around 6,500 delegates from India and abroad are participating in the three-day event.
Ministers Basavaraj Rayareddy and Rizwan Arshad, Legislative Council member Manjunath Bhandari, Skill Development Corporation chairperson Shivakanthamma Nayak and senior officials were among those present.
Chief Minister DK Shivakumar is scheduled to launch the 'Yuva Udyoga Sethu' today, marking another initiative in the state's efforts to connect young people with employment opportunities.
UNI BDN
Please log in to get detailed story.
Tags: #Karnataka targets Rs 1.5 lakh crore investment# 20 lakh jobs by 2030: Minister
More News

AP expects Rs 11 lakh crore investments and 25 lakh jobs from 31st CII Summit; Amit Shah to inaugurate

11 Nov 2026 | 8:34 PM

Visakhapatnam, Nov 11 (UNI) Visakhapatnam is all set to host the 31st CII Partnership Summit on November 12 and 13, with the State government expecting investment proposals worth Rs 11 lakh crore and employment potential for 25 lakh people, Andhra Pradesh District In-charge Minister Dola Sree Bala Veeranjaneya Swamy said on Wednesday.

see more..

Sunil Alaric D’Souza to be Voltas Chairman as Noel Tata retires

11 Nov 2026 | 8:25 PM

Mumbai, Nov 11 (UNI) Tata Group company Voltas officially informed the stock exchange here on Wednesday that present Tata Consumer Products MD & CEO Sunil Alaric D’Souza will take over as Voltas Chairman from Thursday, November 12, 2026, after Noel Tata retires as Chairman and Director of Voltas on Wednesday.
Noel Tata stepped down as Voltas Chairman at the close of business hours on Tuesday, November 11, after reaching retirement age at 70.

see more..

AP: CII Summit targets Rs 11 lakh Cr investments: TDP State Chief

11 Nov 2026 | 8:19 PM

Visakhapatnam, Nov 11 (UNI) Telugu Desam Party State President and Gajuwaka MLA Palla Srinivasa Rao on Wednesday said that the government expects the upcoming CII summit to attract investments of around Rs 11 lakh crore and generate employment opportunities for 2.5 lakh people, with nearly 3,800 Memoranda of Understanding (MoUs) likely to be signed.

see more..

AP CM seeks WIPO partnership to promote innovation, IPR and global branding of AP products

11 Nov 2026 | 7:45 PM

Visakhapatnam, Nov 11 (UNI) Ahead of the CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday sought the partnership of the World Intellectual Property Organization (WIPO) to promote innovation, research and intellectual property rights (IPR) in the State and secure international recognition for its traditional products, startups and technological initiatives.

see more..

11 Nov 2026 | 7:21 PM

New Delhi, Nov 11 (UNI) Moody's Ratings has revised India’s growth outlook saying the economy is likely to grow at a higher rate of 7 per cent in the current fiscal. It said the growth is led by broad-based economic momentum and energy supply shock resilience. .

see more..