What is the total investment Karnataka secured at the WEF meet in Davos?

Karnataka secured investment commitments totaling ₹13,070 crore at the WEF meet in Davos.

Which international companies have shown interest in investing in Karnataka?

Companies including RP-Sanjiv Goenka Group, Carlsberg Group, Schneider Electric, INOX GFL, Nokia, Vast Space, Crescent Enterprises, and Mistral AI have shown interest in investing.

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Karnataka's Davos Success: ₹13,070 Cr In New Deals

Q: Which sectors will benefit from the investments secured by Karnataka?

Investments will benefit sectors such as aerospace, food processing, data centres, digital infrastructure, clean energy, and advanced manufacturing.

24 Jan

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Summary

Karnataka secured ₹13,070 crore in investment commitments.
Investments span renewable energy, data centres, and advanced manufacturing.
Global leaders praised Karnataka's industry-friendly environment.

Karnataka's Davos Success: ₹13,070 Cr In New Deals

Karnataka has achieved substantial success at the World Economic Forum (WEF) in Davos, securing investment commitments amounting to ₹13,070 crore. These commitments are anticipated to fuel growth across key sectors including aerospace, food processing, data centres, digital infrastructure, clean energy, and advanced manufacturing.

Global business leaders have lauded Karnataka's conducive industry environment and the availability of a skilled workforce. These positive engagements have laid a strong foundation for future investments and are expected to accelerate ongoing projects, bolstering Karnataka's competitive edge in the evolving landscape of global trade and industrial transformation.

Notable investments include RP-Sanjiv Goenka Group's ₹10,500 crore commitment over three years for renewable energy projects, and Schneider Electric's ₹1,520 crore investment. Carlsberg Group will establish a ₹350 crore bottling plant, while INOX GFL will invest an additional ₹400 crore in wind and solar power manufacturing.