Karnataka Plans US Investment Roadshow, Global Investors Meet

Bengaluru, Aug 7 (PTI) Karnataka will hold an investment roadshow in the US in October to attract greater investments to the state, and the US Consulate General will extend the necessary support for the initiative, Large and Medium Industries Minister M B Patil said on Friday.

He also said the United States would be invited to participate in the Global Investors Meet 2027, proposed to be held in April next year.

The minister held detailed discussions on investment opportunities and bilateral cooperation with Mariana L Neisuler, Consul General, Consulate General of the United States of America, who met him here, officials said.

Speaking after the meeting, Patil said the state government is placing renewed emphasis on strengthening Karnataka's economic and trade partnership with the United States. To facilitate this, Karnataka will establish a dedicated institutional engagement mechanism with the US Consulate General, the US Commercial Service, the American Chamber of Commerce in India (AMCHAM) and the US-India Business Council (USIBC).

The mechanism will facilitate investor leads, delegation planning, sector-specific follow-up and investment facilitation through Invest Karnataka, he said.


According to the minister's office, Patil said nearly 700 US companies and startups are currently operating in Karnataka, making a significant contribution to the state's economy. Their presence reflects the confidence of American businesses in Karnataka's talent, technology, innovation and manufacturing ecosystem.

He added that the establishment of the US Consulate General in Bengaluru in January 2025 marked a significant milestone in the growing Karnataka-United States economic partnership.

The minister said Karnataka already enjoys strong collaboration with the United States in research and development, semiconductor equipment, aerospace, defence, healthcare, clean energy and Global Capability Centres (GCCs).

According to him, as India's technology capital, Bengaluru, offers immense opportunities for deeper collaboration in innovation, research, advanced manufacturing and emerging technologies.

He added that the state also presents significant opportunities for partnerships in Electronics System Design and Manufacturing (ESDM), semiconductor chip design, medical technology (MedTech) and electronics components manufacturing.