A high-level delegation from Karnataka, headed by the minister of medium industries and infrastructure development, secured an investment commitment of ₹6,450 crore from Japan and South Korea. During their two-week visit from June 24 to July 5, the delegation engaged with over 35 industry leaders and 200 companies across both countries.
Six major companies have pledged investments in Karnataka. Osaka Gas has committed to investing ₹5,000 crore over the next five years to expand its gas distribution infrastructure in the state. DN Solutions has signed an agreement worth ₹1,000 crore to set up a manufacturing facility for precision tools and automation systems.
Daiki Axis, HyVISION, and EMNI have collectively signed agreements amounting to ₹240 crore, focusing on the production of environmental equipment and battery cell storage and testing. As reported by projectstoday.com, the Karnataka delegation also identified potential leads worth ₹25,000 crore in the automotive, electronics, and energy solutions sectors.
