Bengaluru, February 13: The Karnataka government announced on Thursday that it has signed Memorandum of Understandings with nine companies, including Sweden-based bus and truck manufacturer Volvo, worth Rs 2,220 crore, on day two of Global Investors' Meet-2025. Volvo has decided to expand its manufacturing plant in Hoskote near Bengaluru city and has announced an investment of Rs 1,400 crore.
Meanwhile, BBM Sports Fields & Halls Contracting LLC has committed to a Rs 250 crore for development of sports infrastructure. Steel Force Building Materials LLC will also be investing Rs 250 crore for manufacturing of steel and related products. Seritech Farm LLP will be investing Rs 25 crore for manufacturing of exporting yarn & fabric silk products and NAZ Star Trading LLC Rs 5 crore for manufacture of garments, apparels and textile. Mercy Killing: Karnataka Government Passes Order To Implement Supreme Court’s Directive for Right To Die With Dignity for Terminally Ill Patients.
Morex Group will be building a convention centre for Rs 150 crore and Delwan Group - a hotel and resort for Rs 120 crore. Club Sulaimani Food & Beverages LLP will be pumping in Rs 5 crore for cafes and restaurants, while Yusur Holding Pvt ltd is developing a wellness centre in Mysuru for Rs 15 crore.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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