Karnataka signs MoUs worth Rs 2,220 cr on day two of GIM 2025
Bengaluru, Feb 13 (PTI): 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.
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.
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Speaker UT Khader attends local cricket tournament during Bhatkal visit
Bhatkal: Speaker of the Karnataka Legislative Assembly U. T. Khader visited Bhatkal in Uttara Kannada district on Saturday and attended a local cricket match being played as part of a tournament organised by the Cosmos Sports Centre of Bhatkal.
After attending a programme at Anjuman Hami-E-Muslimeen, Khader proceeded to the Bhatkal Taluka Stadium, where the tournament is underway. He was accompanied by office-bearers of the Cosmos Sports Centre and several local community leaders.
Those present during the visit included President of Majlis-e-Islah Wa Tanzeem and former JD(S) leader Inayathullah Shabandri, Vice President of Tanzeem Atiqur Rahman Muniri, General Secretary Abdul Raqeeb MJ, President of Cosmos Sports Centre Ismail Anjum, Managing Director of Mohtisham Complexes S. M. Arshad, former president of the Bhatkal Muslim Youth Federation Imtiyaz Udyawar, among others.
Addressing players and organisers, Khader extended his best wishes to the participating teams and urged the players to uphold the spirit of sportsmanship. He said such tournaments help promote unity and brotherhood among the youth.
The cricket tournament began on November 21 and will conclude with the final match on December 21. It is being organised as part of the golden jubilee celebrations of the Cosmos Sports Centre.
Cosmos Sports Centre is one of the member clubs of the Bhatkal Muslim Youth Federation and is known for its active role in promoting sports in the town. Apart from sporting activities, the centre is also involved in various social and community initiatives, including efforts to promote education among students.
