The State Government has recreated the Invest Karnataka Forum (IKF) under the chairmanship of prominent industrialist Sajjan Jindal. Large and Medium Industries Minister M B Patil issued an order to reconstitute the IKF to attract more state investments and boost the state's image as an investment destination at the national and international levels.

In addition to Sajjan Jindal, the IKF will include Gitanjali Kirlosakar, chairperson of Kirloskar Systems from the Automobile Sector, Aravind Melligeri, chairman of Ekus Inc. from the Aerospace and Defence Sector, Ankit Fatepuria, co-founder of Jetworks Company from the Production Sector, and Kennametal Managing Director Vijayakrishnan Venkateshan from the Machine Tools Sector.

In addition, a first-of-its-kind Strategic Investment Committee has been constituted as part of IKF to suggest suitable guidelines with representatives from various sectors with the minister as the chairman.

Mrithyunjaya Hiremath, AMD Director, CBRE South Asia Private Ltd Managing Director Ram T Chandnani, Axel Partners Co. The Strategic Investment Committee also includes Prashant Prakash, Zerodha co-founder Nikhil Kamat, Pepper Global Co. senior managing director Ravi Manchand, Merika Group Investment Director Ashwin Krishnaswamy, Capitaland CEO Gowrishankar Nagabhushan, and Industrialist Kasaragodu Ullas Karanth.

Both panels will assist the State Government in soliciting investments from the United States, Germany, France, the Netherlands, Japan, South Korea, and Taiwan, as well as assisting the government in implementing ease of doing business policies.

Ex-officio members of the panels include Industries Department Principal Secretary Selva Kumar and Commissioner Gunjan Krishna.