Karnataka has secured new industrial investments and proposals worth Rs 1.53 lakh crore in the 11 months following the state’s Global Investors’ Meet (GIM) held in February 2025.
Minister for Large and Medium Industries MB Patil revealed that these new investments complement the commitments made during GIM. Ahead of his visit to the World Economic Forum summit at Davos, Minister Patil noted that several major companies are eyeing investments across sectors such as manufacturing, renewable energy, data centres, and global capability centres (GCCs). Karnataka has attracted major investments, including Rs 1,330 crore from Toyota Industries to manufacture gasoline and hybrid engines, and Rs 1,136 crore from QAI India for a Quantum Centre of Excellence in Bengaluru. AT&S will invest Rs 2,850 crore in Nanjangud for electronic components, while Wipro Hydraulics plans to invest Rs 499 crore for copper laminates production.
Reliance Consumer Products will establish a Rs 1,622-crore beverage manufacturing plant in Vijayapura. Other significant investments include Rs 470 crore from JJG Aerospace for aircraft components, and Rs 330 crore from Yaskawa for electronics manufacturing in Doddaballapura. In the tech sector, SAP India plans to invest Rs 1,960 crore at Devanahalli, while Google India will invest Rs 2,500 crore in Bengaluru. Additionally, NTT will invest Rs 4,000 crore for data centres at Devanahalli, and Data Samudra will invest Rs 1,350 crore across various locations.