Rs 10 lakh crore investment likely in GIM 2012

BANGALORE: The state government which is still not able to materialise its tall claims of netting in over Rs 3 lakh crore of investment during the Global Investors Meet (GIM) 2010, has started to drool at expectations of garnering investment of over Rs 10 lakh crore in its second edition in 2012.“The firm has assured that this investment would come from sectors other than steel, power and gas, which means they have predicted investment in textiles, food processing and other sectors involving Public Private Partnership (PPP),” he said. Speaking at an interactive session with the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) on Thursday, he said that weekly meetings will be held for GIM 2012, until the event begins.On land banks and alleged forceful land acquisition, Nirani said, “Politicians and opposition parties are pitting farmers against us.”