Karnataka Global Investors Meet postponed amid COVID-19 pandemic

Team Udayavani, May 20, 2020, 5:43 PM IST

Bengaluru: The Karnataka government will postpone the Global Investors Meet (GIM) planned in November this year by a few months following inadequate preparations due to the COVID-19 induced lockdown, Large and Medium Scale Industries Minister Jagadish Shettar said on Wednesday.

Speaking to PTI, he said the government had initiated preparations for hosting the three-day GIM, slated from November 3, but could not take up pre-event activities thereafter in the last two-and-half months due to ‘stay-at-home’ restrictions following the pandemic.

“We need at least six months of preparations to host such a global scale event in terms of holding roadshows in different cities, including overseas, to invite investors”, Shettar noted.

The Minister said the government would decide in June- July on the new dates of the GIM.

“It will not be cancelled. It will be put off by a few months”, he assured.