Investors' meet in Hubli put off

Investors' meet in Hubli put off
The Hindu.com
Staff Correspondent

The event is likely to be held in February The event is likely to be held in February

• Website on the event nearing completion
• Invitations to industrialists to be despatched soon
• Organisers feel that a follow-up is required in Bangalore to ensure maximum participation

HUBLI: The investors' meet in Hubli that was scheduled to take place on January 28, has been put off and is likely to be held in the second week of February.

It is to be organised by the district administration in association with Karnataka State Electronics Development Corporation (KEONICS). Preliminary rounds of meetings had taken place regarding preparations for the meet.

Finalising modalities

Several organisations and associations including the Karnataka Chamber of Commerce and Industry, heads of the technical institutions have been involved in finalising the modalities of the event. M.S. Srikar, Deputy Commissioner, Dharwad, told The Hindu that Chief Minister N. Dharam Singh who was to inaugurate the meet is busy with other engagements and hence he could not make it to the function.

In full swing

Preparations are in full swing with the work on launching a website for the event on the verge of completion. Invitations for industrialists and potential investors are ready and will be despatched shortly. He said several members of the organising committee felt that after sending invitations, a follow-up is required in Bangalore to see to it that the potential investors attended the meet.

More time required

"We do not want the meet to end up like the earlier attempts to attract software industries to Hubli which failed. All efforts to bring potential investors to Hubli will be made and it requires more time. This is one of the reasons for postponing the event," he said.

During one of the preliminary meetings held with regard to the investors' meet, Commissioner of Hubli-Dharwad Municipal Corporation Manivannan had suggested postponing the event, as it was not possible to complete development works of roads in the twin cities before the event.