On the second day of the Global Investors Meet, the Government of Karnataka signed eight Memoranda of Understanding (MoUs) worth an estimated 820 INR-Crore. These agreements aim to boost various sectors, such as sports infrastructure, manufacturing, hospitality, and textiles.
Key MoUs include:
- BBM Sports Fields & Halls Contracting LLC: 250 INR-Crore for sports infrastructure development.
- Steel Force Building Materials LLC: 250 INR-Crore for manufacturing steel and related products.
- Morex Group: 150 INR-Crore for a convention centre.
- Delwan Group: 120 INR-Crore for hotel and resort development.
- Seritech Farm LLP: 25 INR-Crore for manufacturing and exporting silk yarn and fabric products.
Also Read: World Economic Forum 2025: Key Investments
Meanwhile, the ‘Beyond Bengaluru‘ initiative is a game-changer, encouraging investments in tier 2 and tier 3 cities. These MoUs are further expected to drive economic growth and innovation across Karnataka.
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