• Feedback
  • RSS Feed
  • Sitemap
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

‘India Poised For $30 Trillion Economy By 2047 Through Centre-State Collaboration’

OMMCOM NEWS by OMMCOM NEWS
February 13, 2025
in Business
Piyush Goyal

Bengaluru: Underlining that the progress of states is the progress of the nation, Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that if the Central and state governments work together in a spirit of partnership and cooperation, India will grow into a $30 trillion economy by 2047.

Addressing the gathering at the Global Investors’ Meet (GIM) 2025 Invest Karnataka event, Union Minister Piyush Goyal assured that the Central government will extend full support to Karnataka in this regard.

He highlighted that last year, Rs 11 lakh crore was allocated for infrastructure development. A Plug and Play model Industrial Smart City is being developed across 8,000 acres in Tumakuru, with the first phase covering 1,736 acres set to be completed by the end of 2026.

Goyal emphasised that India is a prime investment destination globally, backed by five key strengths: democracy, demand, population, digitisation, and diversity.

He announced upcoming projects, including 75 new airports, air connectivity to 120 cities under UDAN-2, 114 waterways, a doubling of existing ports, and the development of 50 tourism destinations — all of which will benefit Karnataka.

India’s exports have now reached $800 billion, with Karnataka playing a significant role in this growth. The central government has allocated Rs 20,000 crore for innovation, Rs 74,000 crore for the Semiconductor Mission, and Rs 2 lakh crore for PLI-based industrial incentives.

Goyal expressed confidence that Karnataka will play a key role in driving deep-tech, fintech, and future industries in the country.

During the Global Investors’ Summit, Goyal presented ‘Invest Karnataka’ Awards to 15 businesses that have made significant contributions to Karnataka’s economy and industrial sector.

He also released a compilation of Karnataka’s industrial success stories titled ‘Karnataka Success Stories’.

Deputy Chief Minister D.K. Shivakumar announced that Rs 1 lakh crore will be invested in solving Bengaluru’s traffic congestion. This will include the development of flyovers, bridges, double-decker roads, and new highways.Minister M.B. Patil stated that Karnataka’s industry-friendly policies serve as a model for others and that the state is taking significant steps toward sustainable industrial development.

The event was attended by Ministers K.J. George, Dr. Sharanprakash Patil, Priyank Kharge, Dinesh Gundu Rao, N.S. Boseraju, KEONICS Chairman Sharath Bachchegowda, and entrepreneur Nikhil Kamath.

At the event, the late Vikram Kirloskar, a distinguished industrialist, was honoured posthumously with the ‘Industrial Legacy’ Award. Geetanjali Kirloskar accepted the award on his behalf.

(IANS)

Tags: Deputy Chief Minister D. K. ShivakumarPiyush GoyalTrillion EconomyUnion Minister Piyush Goyal
ShareTweetSendSharePinShareSend
Previous Post

‘Those Harassed Will Receive Greater Protection’: Siddaramaiah On Microfinance Menace

Next Post

ECoR To Temporarily Divert Routes Of 3 Trains For Cuttack Railway Station Redevelopment

Related Posts

Business

India To Flag Pakistan’s Terror Record At IMF Loan Meeting

May 9, 2025
Business

Nifty, Sensex Open Lower As Geo-Political Tensions Flare Up

May 9, 2025
Business

Gautam Adani Sees Group’s Pact To Set Up 5,000 MW Projects In Bhutan As Deepening Of Partnership

May 8, 2025
Business

India Pharma Market Sees 7.8 Pc Revenue Growth In April: Report

May 8, 2025
Business

Govt Ropes In Hafele India To Boost Local Startups, MSMEs

May 8, 2025
Business

Nitin Gadkari Calls For Biofuel Revolution To Cut Imports, Boost Rural Economy

May 8, 2025
Next Post

ECoR To Temporarily Divert Routes Of 3 Trains For Cuttack Railway Station Redevelopment

J&K Lt Governor Orders Zero Tolerance To Terrorism And Terrorists

Pakistan Announce Separate Squads For Warm-Up Matches Ahead Of Champions Trophy

Khimji
TPCODL
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.