Covaxin maker Dr. Krishna M Ella has evinced interest in investing in Karnataka.

Ella, Chairman & MD of Bharat Biotech which produces Covaxin met Minister for Large and Medium Industries Dr. Murugesh R. Nirani, in Hyderabad on Friday.

Ella, however, did not divulge the details of nature and extent of investment and said that he would soon come out on investment plan.

In a meeting held at a private hotel as a part of roadshow for the Global Investors’ Meet,
scheduled on November 2,3&4 in Bengaluru, Dr Nirani appraised Dr Ella about potential and advantages in investing in Karnataka. “Karnataka is committed to facilitating ease of doing business and shall provide all support and infrastructure facilities to the investors in the state.”
The minister invited Dr. Ella to the Global Investors Meet.

“There is an intention to invest in Karnataka, where the industrial environment is favourable for business,” said Dr. Ella

Dr. E.V. Raman Reddy, Additional Chief Secretary to the Government, Department of Commerce and Industry, Industrial Development Commissioner Gunjan Krishna, and other senior officers participated in the meeting.

Dr. Nirani also met several other investors in Hyderabad. The department will conduct investors roadshow in Mumbai on October 19.