Summary:
more-inHost State Karnataka is making a special pitch for investments in nine key sectors, including aerospace and defence, during the forthcoming Aero India. Prasad, Additional Chief Secretary, Commerce and Industries Department, and Gaurav Gupta, Commissioner, Industries and Commerce Department, were present. According to DIPP data for 2015–16, Karnataka attracted foreign direct investment of $4.1 billion which is the fourth highest in the country. In 2016, it received the highest investment intentions worth ?1,54,173 crore which is almost three times that received by Gujarat, ranked second with proposals worth ?56,156 crore. Chief Minister Siddaramaiah will preside over the inaugural event, which will be opened by Union Finance Minister Arun Jaitley..