Australia reaffirmed its commitment to strengthening economic ties with Karnataka by participating in the country session at the Invest Karnataka Global Investors Meet 2025.
Australian representatives, including leaders from Global Victoria, the Australia India Business Council (AIBC), Austrade India, and the Indo-Australian Chamber of Commerce, joined a high-profile panel discussion to share government and business perspectives on bilateral trade and investment.
Karnataka’s Minister for Large and Medium Industries, M.B. Patil, spearheaded the event, which features participation from 19 partner countries, including Australia, France, Germany, Japan, the UK, and Singapore. The summit will showcase investment opportunities in key industries such as aerospace, renewable energy, semiconductors, and advanced manufacturing.
A major highlight is the Future of Innovation Expo, focusing on mobility, defense, biotech, R&D, and precision manufacturing. The summit will also drive SME and startup growth, training 2,000 SMEs in Industry 4.0 and launching the second edition of the VentuRISE Global Startup Challenge to foster green-tech and manufacturing startups.
Minister Patil, who met with Australia’s High Commissioner to India in September 2024, underscored the deep-rooted Karnataka-Australia relationship. Discussions focused on collaborations in education, biotechnology, and IT, with Patil extending an invitation for Australia to be a key partner in Invest Karnataka 2025.
The event, held from February 12–14, 2025, with an inaugural event on February 11, aims to position Karnataka as a premier investment destination.
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