MB Patil, Minister of Large and Medium Scale Industries
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Karnataka’s Large and Medium Industries Minister MB Patil met with Rajesh Narayan, Consul General of India to Hong Kong and Macau, on Monday to discuss expanding economic partnerships.Highlighting the strength of the relationship, Minister Patil noted that bilateral trade between India and Hong Kong stood at $25.81 billion in 2024-25.To build on this momentum, the State government has proposed an institutional collaboration with the Consulate General of India in Hong Kong. Specifically, Karnataka has requested a State-focused investment roundtable and a dedicated desk to handle investor leads and business delegations.The initiative aims to channel international capital from Hong Kong’s financial institutions and family offices into Karnataka’s tech ecosystem, chip design, electronics, and start-ups. Major Hong Kong-linked corporations, including Lenovo, HSBC and the CLP Group, already maintain a presence in the State.Published on July 6, 2026
