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Karnataka sinks MoUs worth Rs 820 crore on Day 2 of Global Investors Meet

Manufacturing  -  Feb 17,2025  - 

The Karnataka Government signed eight Memoranda of Understanding (MoUs) worth an estimated Rs 820 crore on the second day of the Global Investors Meet. 

These agreements aim to boost various sectors, such as sports infrastructure, manufacturing, hospitality, and textiles.

An Mou for Rs 250 crore was signed by BBM Sports Fields & Halls Contracting LLC for the development of sports infrastructure. Another MoU was signed for Rs 250 crore by Steel Force Building Materials LLC for manufacturing steel and related products.

Other MoUs signed included a Rs 150-crore pact by Morex Group for Convention Centre, Rs 120 crore by Delwan Group for hotel and resort and Rs 25 crore by Seritech Farm LLP for Manufacturing of exporting yarn & fabric silk products.

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