• About
  • Advertise
  • Contact
Thursday, September 25, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Business

Open To Adani Investments: Karnataka Industries Minister

by Sarkiya Ranen
in Business
Open To Adani Investments: Karnataka Industries Minister
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



The Adani Group has major investments in Congress-ruled states like Chhattisgarh and Rajasthan.

New Delhi:

In a statement that reflected investment realities, even in several opposition-ruled states, Karnataka Industries Minister MB Patil said in an interview to a private news channel that they will “give time” to the Adani group to “come up with proposals”.

“We will get clarity on the extent of investments (assured in the 2022 summit) that will materialise in the next meeting (of the department). When any industrialist comes to set up an industry, we will consider their proposals. They (Adani Group) have not promised anything. We will give them time to come up with proposals,” he said.

Given the campaign by Congress leader Rahul Gandhi against the Adani group on the Hindenburg report allegations, former BJP MLA CT Ravi claimed the Congress government in Karnataka being open to investments from the Adani Group exposes “double standards” by the Congress.

However, most Congress leaders in the state seem clear that “investments that are transparent and in the interest of the state” are welcome even “if they are from the Adani Group”.

The group, which has been at the centre of a controversy, has made huge investments and business partnerships in several opposition-ruled states.

It is believed that there are several leaders within the Congress who have questioned if a strong campaign against the Adani Group will have electoral dividends.

Last year, Rajasthan Chief Minister Ashok Gehlot had showered praise on Mr Adani at the Invest Rajasthan summit, saying, “Gujarat has produced great industrialist and businessmen like Dhirubhai Ambani and Gautam bhai now”.

Be it Mr Adani or Mr Ambani or Home Minister Amit Shah’s son Jay Shah, Rajasthan will welcome all because it wants investment and employment, he added.

Lashing out at the BJP for mocking the Congress over his remarks, he said, “It is not a private event, it is an investors’ summit. Are 3,000 delegates (who attended the summit) of the Congress?”

In this backdrop, it is to be noted that in the Karnataka election campaign the Congress made a conscious effort to stay away from making the allegations against the Adani Group an important talking point.

The Adani Group has major investments in Congress-ruled states like Chhattisgarh and Rajasthan.

The Karnataka government, too, is expected to woo investments, which are considered essential in the infrastructure sector, from the Adani Group.



Source link

Tags: AdaniAdani GroupCT RaviIndustriesInvestmentsKarnatakaMinisterOpen
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
Frank Stronach delivers lecture on ‘fair enterprise’ at U of T

Frank Stronach delivers lecture on 'fair enterprise' at U of T

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Heather Rae El Moussa Joked About “Family Drama” Days Before Christina Haack Divorce Finalized

Heather Rae El Moussa Joked About “Family Drama” Days Before Christina Haack Divorce Finalized

4 weeks ago
US Senate Leaders Say No Ukraine Aid Before Year’s End

US Senate Leaders Say No Ukraine Aid Before Year’s End

2 years ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    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