K'taka govt inks 50 MoUs worth Rs 5.64 lakh crore on Day 1 of Global Investors' Meet
Bengaluru, Nov 2: The Karnataka government on Thursday signed Memoranda of Understanding (MoUs) with 50 companies approving their investment proposals worth Rs 5.64 lakh crore on the first day of the Global Investors' Meet in Bengaluru.
The highest investment proposal in terms of capital outlay came in the green hydrogen and renewable energy sectors.
According to the organisers of the three-day investors summit, the state signed MoUs with seven companies in the area of green hydrogen and its derivatives to the tune of Rs 2.91 lakh crore, while it entered into an agreement with nine companies in the area of renewable energy to the tune of Rs 1.29 lakh crore.
In the sunrise sector, 16 companies signed MoUs worth Rs 70,381 crore, while in core sectors, six companies entered into an agreement with the state for investment proposals worth Rs 25,024 crore.
In the area of infrastructure and industrial/logistic parks, eight firms signed MoUs worth Rs 43,500 crore.
On the manufacturing front in the areas of FMCG, textiles, sugar, biofuel and optical systems, the state signed MoUs with four firms for an investment proposal of Rs 4,704 crore.
Karnataka Minister for Large and Medium Industries Murugesh Nirani said when the event will conclude on November 4, his department would release a detailed list of MoUs signed by various companies with the government to invest in the state.
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RR beat RCB by six wickets in IPL
Guwahati (PTI): Blistering fifties by Vaibhav Sooryavanshi and Dhruv Jurel powered Rajasthan Royals to a six-wicket win over Royal Challengers Bengaluru in their IPL match here on Friday.
Sent in to bat, RCB rode on a fighting half-century by skipper Rajat Patidar (63) to post 201 for 8.
Virat Kohli (32), Romario Shepherd (22) and Venkatesh Iyer (29) also chipped in with useful contributions.
In reply, Sooryavanshi (78 off 26 balls) and Dhruv Jurel (81 not out off 43 balls) shared a 37-ball 108-run partnership for the second wicket to set the platform. Krunal Pandya (2/30) tried to bring them back with back-to-back wickets.
But Jurel, in the company of Ravindra Jadeja (24), completed the task with another 68-run stand, with two overs to spare.
For RR, Jofra Archer (2/33), Ravi Bishnoi (2/32) and Brijesh Sharma (2/37) took two wickets.
Brief scores:
Royal Challengers Bengaluru: 201 for 8 in 20 overs (Rajat Patidar 63; Jofra Archer 2/33, Ravi Bishnoi 2/32, Brijesh Sharma 2/37).
Rajasthan Royals: 202 for 4 in 18 overs (Vaibhav Sooryavanshi 78, Dhruv Jurel 80 not out; Krunal Pandya 2/30, Josh Hazlewood 2/44).
