Karnataka signs investment deals worth Rs 22,000 cr at Davos summit

Karnataka has signed memoranda of understanding (MOUs) worth Rs 22,000 crore with global industry leaders Microsoft, Web Werks, Hitachi, and four other companies on Day 2 of the World Economic Forum 2024. The partnerships are expected to propel the state into a new era of technological advancement, infrastructure development, and economic growth, said a statement.

M B Patil, minister for large and medium industries and infrastructure development, held discussions with Sony, HP, Nestle, Honeywell, Lulu Group, Inox Group, Takeda Pharma, Coinbase, Tillman Global, BL Agro, and many others.