Karnataka govt inks MoUs worth Rs 22,000 crore at WEF, Davos

The government of Karnataka has signed memorandums of understanding worth Rs 22,000 crore with seven companies such as Microsoft, data centre provider Web Werks and Japanese conglomerate Hitachi on the second day of the World Economic Forum 2024 in Davos, Switzerland.

Among them, Webwerks is looking to set up a data centre park of 100 MW in Bengaluru worth Rs 20,000 Cr. It already has a 80,000 sq. ft facility in Whitefield of 7.5 MW. “Webwerks expressed its ambition to establish a cutting-edge connectivity hub, featuring state-of-the-art hyper-scaler data centers in Bengaluru,” the state industries ministry said.