Promise Kept: ₹4.71 Lakh Cr Investments Hit the Ground in Karnataka

Industries Minister M.B. Patil announced that 46% of the investment agreements (MoUs) signed during the Global Investors’ Meet (GIM) held in February 2025 have already been implemented in Karnataka.

By the end of December 2025, investments worth ₹4.71 lakh crore had materialised out of the total ₹10.27 lakh crore committed. Emphasising the government’s focus on execution, Mr. Patil said efforts are being made to ensure that projects move beyond the MoU stage and are completed on the ground.

The manufacturing sector has seen substantial progress, with ₹3.22 lakh crore of the ₹5.66 lakh crore in commitments already realised. In the renewable energy sector, ₹1.41 lakh crore has been implemented from a total commitment of ₹4.25 lakh crore.

Major projects include Silfex’s ₹9,300 crore semiconductor manufacturing facility, MV Energy’s ₹5,495 crore solar expansion initiative, and Jindal Steel’s ₹7,000 crore electrical steel unit. Other significant contributors include Tata Power, Volvo, Suzlon, and Havells.

These developments highlight Karnataka’s accelerating industrial growth and its strengthening position as a hub for manufacturing and renewable energy investments.

News by Rahul Yelligetti.