Bengaluru, Nov. 13 -- Karnataka Chief Minister D.K. Shivakumar on Thursday announced that the state aims to attract investments worth Rs 7.5 lakh crore and generate 20 lakh jobs by 2030, as he unveiled preparations for the Global Investors Meet (GIM) 2027, scheduled to be held in Bengaluru from April 20 to 22.

The targets have been set under the state's Industrial Policy 2025-30, with Karnataka seeking investments in sectors such as semiconductors, aerospace, artificial intelligence, clean energy, life sciences and electric mobility.

At the curtain-raiser event, the Chief Minister said Karnataka's economy grew by 8 per cent last year and attracted nearly USD 13 billion in foreign direct investment. The state is also home to more than 1,...