Karnataka Govt signs MoUs worth Rs 22,000 crore with 7 companies at WEF meet at Davos
Bengaluru (PTI): The Karnataka government said on Wednesday it has signed MoUs with investment proposals to the tune of Rs 22,000 crore with seven companies at the World Economic Forum Annual Meeting in Davos.
As part of the MoUs signed on Tuesday, Web Werks proposes to set up a Rs 20,000 crore data centre park in the State, while four other companies plan to invest a total of Rs 2,000 crore, according to a statement issued by the Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil.
A delegation from the state, headed by Patil, engaged in a series of deliberations with industry leaders during the WEF Meet 2024 in Switzerland, it said.
The Lulu Group is set to venture into food processing in Vijayapura district, with plans to invest Rs 300 crore in a plant dedicated to exports, the statement said.
Takeda Pharmaceuticals intends to establish a global innovation centre in Bengaluru and is actively scouting for suitable campus locations, it was stated.
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Delhi records high of 32.7 deg C; AQI remains 'moderate'
New Delhi (PTI): The maximum temperature in Delhi settled at 32.7 degrees Celsius on Sunday, 1.3 notches below the seasonal average, according to the India Meteorological Department.
The minimum temperature was recorded at 20.1 degrees Celsius on Sunday, 1.3 notches below the average for the season, while the relative humidity stood at 46 per cent at 5.30 pm, the IMD said.
The weather department has forecast a partly cloudy sky for Monday with the maximum and minimum temperatures expected to hover around 34 and 19 degrees Celsius, respectively.
The air quality remained 'moderate' at 4 pm, with an Air Quality Index (AQI) reading of 134, a slight drop from Saturday’s 137, Central Pollution Control Board (CPCB) data showed.
According to the CPCB, an AQI between zero and 50 is considered 'good', 51 and 100 'satisfactory', 101 and 200 'moderate', 201 and 300 'poor', 301 and 400 'very poor', and 401 and 500 'severe'.
