Karnataka govt inks MoUs with 23 companies, to attract over Rs 28,000 crore investments
Bengaluru, Jul 15: The Karnataka government on Thursday announced signing MoUs with 23 companies spread across various sectors such as Electric Vehicles, data centres, aerospace and Defence to attract investments worth over Rs 28,000 crore and generate nearly 15,000 direct jobs.
It also said it intends to emerge as the number one investment destination in the coming years.
The MoUs were signed in the presence of Chief Minister B S Yediyurappa and Large and Medium Industries Minister Jagadish Shettar among others.
According to an official release, some of the leading examples of todays "Invest Karnataka" event include- Rs 4,015 crores MoU with C4V, a leading US-based Li-ion cell manufacturer; Rs 5,000 crores MoU with Adani Data Centers to set up data centres in Karnataka, among others.
"Since the beginning of the pandemic in March 2020 last year, Government of Karnataka has cleared more than 520 projects of industries with a total investment of Rs 77,000 crores spanning multiple sectors.
Additionally, there are proposals, and MoUs submitted worth Rs 23,000 crores, thus taking the total investment to Rs 1 lakh Crores," Yediyurappa said speaking at the event.
This marks the strong commitment of investors despite the challenging COVID-19 scenario to select Karnataka as an investment destination, he noted.
Despite the challenging pandemic situation in the country and across the world, Karnataka has garnered Rs 28,600 crore worth of investments in the last six months in the form of MoUs and investment proposals, the release said.
These investments are spread across sectors, with marquee global and Indian organizations expressing their interest to invest in the State.
"We want to retain Karnatakas position as a global manufacturing hub and place Karnataka on the global manufacturing value chain.
Hence, the Government of Karnataka has been actively working to promote tier-2 and tier-3 regions of the State by developing multiple sector-specific clusters," Shettar said.
We have developed dedicated clusters for Toys in Koppal, Consumer Electronics in Dharwad, Pharmaceuticals in Yadgir, to name a few, he added.
The Karnataka government has decided to host the Global Investors Meet (GIM) in Bengaluru from February 9 to 11 next year.
CM @BSYBJP today addressed the #InvestKarnatakaConclave & highlighted Govt's efforts to enhance EODB in the state. Having cleared 520 projects worth Rs.77,000 cr & proposals worth Rs.28,000 Cr in pipeline, Karnataka attracted investment worth Rs.1 Lakh Cr, since Mar 2020. pic.twitter.com/e0Nzw94d2r
— CM of Karnataka (@CMofKarnataka) July 15, 2021
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Annamalai left out of BJP’s candidate list for Tamil Nadu polls, party cites High Command decision
Chennai/New Delhi: The Bharatiya Janata Party has released its list of 27 candidates for the upcoming Tamil Nadu Assembly elections, triggering political discussion after the absence of former state president K Annamalai from the roster.
Despite being widely seen as the party’s most prominent face in the state and a key figure in its southern expansion strategy, Annamalai was not fielded in the list. Senior leaders, including Tamilisai Soundararajan from Mylapore, Vanathi Srinivasan from Coimbatore North, and Union Minister L. Murugan from Avinashi, have been nominated.
Responding to questions on the omission, Tamil Nadu BJP president Nainar Nagendran said the decision was taken by the party’s central leadership. He expressed confidence that all 27 candidates would emerge victorious in the polls.
Annamalai, a former IPS officer who joined the BJP in 2020 and rapidly rose to prominence, had earlier been replaced as state chief by Nagendran. Known for his aggressive political style and grassroots outreach, he has been instrumental in amplifying the party’s presence in Tamil Nadu, a state traditionally dominated by Dravidian parties.
In a message posted on X, Annamalai congratulated the candidates and reaffirmed his commitment to the party. He said he would campaign actively for BJP and NDA nominees, expressing confidence in the alliance securing a decisive mandate. He also criticised the ruling Dravida Munnetra Kazhagam government, calling it ineffective and self-serving.
The BJP is contesting the elections as part of the National Democratic Alliance led by the All India Anna Dravida Munnetra Kazhagam. Seat-sharing arrangements allocate 169 constituencies to the AIADMK, 27 to the BJP, 18 to the Pattali Makkal Katchi, 11 to the Amma Makkal Munnetra Kazhagam, five to the Tamil Maanila Congress, and one seat each to the Indhiya Jananayaga Katchi and Puratchi Bharatham.
Tamil Nadu will vote in a single phase on April 23 across all 234 constituencies, with counting scheduled for May 4. The primary contest is expected between the DMK-led alliance and the AIADMK-led NDA, although actor-turned-politician Vijay is also positioning himself as a potential challenger, raising the possibility of a multi-cornered contest.
#WATCH | Chennai | Tamil Nadu BJP President Nainar Nagendran says, "A list of 27 candidates has been released by the BJP High Command... All the 27 candidates will surely win this time..."
— ANI (@ANI) April 3, 2026
On Annamalai's name not appearing in the recently released list, he says, "This is a… https://t.co/pDd0HodSAW pic.twitter.com/29gkGK9AaP
