Global Investors Meet- KWIN City Project, Bengaluru
Attended the ‘Global investors meet GIM-2025’ conference held at Bengaluru.
It has always been the endeavour of KLE Society to contribute to societal development through various facets that impact life and well being at large. The commitment to the home state of Karnataka has and will always be significant.
Given the initiative to develop the state of Karnataka, on behalf of KLE Society, we made an announcement of investing Rs. 1,000 crore in the next 5 years in the proposed KWIN (Knowledge Well being and Innovation) City for education, services and research in the field of health services.
As a contribution to the Global Investors Meet, KLE Society signed an MOU to this effect with the Principal Secretary of the Industries Department S. Selvakumar, thereby committing to bring the organizational expertise in education and healthcare to the region. This project which is the first investment announced for KWIN city will create 1,500 jobs.
In addition, the Shivashakti Sugars Ltd, Soundatti, Tq Raibag and Ms Inamdar Sugars Ltd, Hirekoppa, Tq Savadatti, Belagavi Dist will invest Rs. 1,000 crore and Rs. 250 crore respectively in the next 2 years for sugar and ethanol production. This will generate an additional 800 jobs in the sugarcane growing belt in North Karnataka and will augur well for the livelihoods of the farmers, especially those directly or indirectly involved with the Sugar Industry.
Shri Thawar Chand Gehlot, Honourable Governor, Shri DK Shivakumar, Deputy CM, Karnataka, Shri MB Patil, Minister of Large and Medium Scale Industries, Karnataka, Kum Shobha Karandalje, Union Minister, Shri Cheluvaraya Swamy, Agriculture Minister, Shri Mahantesh Koujalagi, President, KLE Society and other dignitaries were present.
We thank the Government of Karnataka for the opportunity and look forward to similar engagements in context of furthering our endeavour to “Transform Lives through Education, Healthcare and Research”.
