Global Firms Commit ₹7,100 Cr to Karnataka as Bengaluru Shines on US Tour

The state is also tentatively expecting around ₹5,500 crores of investment in talent hiring, infrastructure spending, R&D investments and collaborative initiatives. 
Bengaluru GCC
Karnataka’s thriving startup ecosystem and talent pool have caught the attention of global corporations in the US, luring them to establish or expand their presence in Bengaluru.  During the 10-day US roadshow across three major cities: Boston, New York, and San Francisco, the Government of Karnataka secured a total investment of approximately ₹7,100 crores from electronic systems design and manufacturing (ESDM) companies and global capacity centres (GCCs).  Interestingly, Karnataka's IT minister, Priyank Kharge, faced issues obtaining travel clearance from the Ministry of External Affairs despite applying for permission on May 15 to travel to the US. He received approval only five days after his intended departure date.  In an exclusive interview with the AIM, the
Subscribe or log in to Continue Reading

Uncompromising innovation. Timeless influence. Your support powers the future of independent tech journalism.

Already have an account? Sign In.

📣 Want to advertise in AIM? Book here

Picture of Smruthi Nadig
Smruthi Nadig
Smruthi brings over two years of experience in reporting on the global energy industry. They hold a Master's Degree from the University of Leeds in International Journalism and a Bachelor's Degree from Christ University in Media Studies, Economics and Political Science.
Related Posts
AIM Print and TV
Don’t Miss the Next Big Shift in AI.
Get one year subscription for ₹5999
Download the easiest way to
stay informed