Karnataka Deputy Chief Minister D.K. Shivakumar welcomed investors at the World Economic Forum in Davos to consider investing in Bengaluru, hailing it as a city with a promising future. He highlighted the city’s favorable attributes such as its climate, rich culture, and skilled workforce, emphasizing that over 500 top global companies are already thriving in Bengaluru.
Shivakumar pointed out Bengaluru’s strengths in various sectors like aerospace, IT, and medicine, noting the presence of 70 medical colleges in the state producing 1.5 lakh medical professionals annually. He expressed confidence in India’s vast talent pool, positioning Bengaluru as Asia’s IT Capital and underlining the city’s significant engineering workforce, which surpasses that of California.
The Deputy CM outlined ongoing efforts to enhance Bengaluru’s infrastructure, particularly in transportation, with plans to expand the metro network to 153 km by the following year. He also highlighted the city’s robust public transport system, including 2500 electric buses out of a total of 6000, and emphasized similar infrastructure developments in tier 2 and tier 3 cities within Karnataka.
Shivakumar assured investors of the state government’s support and cooperation, emphasizing their commitment to developing infrastructure to meet future demands. Additionally, he engaged in discussions with World Bank President Ajay Banga and various economic experts during the Davos meeting.
