These commitments from six major companies are expected to create more than 1,000 jobs in the state, the statement said.
During the two-week visit from June 24 to July 5, the delegation interacted with leading companies and conducted investment roadshows for SMEs, highlighting the state's strong manufacturing ecosystem.
Karnataka has established itself as a major destination for global investment. Minister Patil said, the state will now focus on realizing these MoUs and converting the discussions into concrete investments, ensuring smooth grounding of investments and sustained economic growth.
The delegation met over 35 industry leaders and 200 companies in two road shows held in Japan and Korea. Beyond the immediate commitments, the delegation identified promising leads worth $3 billion (Rs 25,000 crore) in the automotive, electronics and energy solutions sectors. He said that these leads indicate potential future investments and underline the strategic importance of Karnataka as an investment destination.
During the two-week visit from June 24 to July 5, the delegation interacted with leading companies and conducted investment roadshows for SMEs, highlighting the state's strong manufacturing ecosystem.
Karnataka has established itself as a major destination for global investment. Minister Patil said, the state will now focus on realizing these MoUs and converting the discussions into concrete investments, ensuring smooth grounding of investments and sustained economic growth.
The delegation met over 35 industry leaders and 200 companies in two road shows held in Japan and Korea. Beyond the immediate commitments, the delegation identified promising leads worth $3 billion (Rs 25,000 crore) in the automotive, electronics and energy solutions sectors. He said that these leads indicate potential future investments and underline the strategic importance of Karnataka as an investment destination.
