The Invest Karnataka 2025-Global Investors Meet at Bengaluru Palace Grounds kicked off on Tuesday with a strong start, securing multiple investment deals during its augural function. The flagship event, running from February 12 to 14, aims to attract large-scale investments, and witness significant commitments from key companies to boost the state’s industrial landscape.
Speaking at the event, Defence Minister Digvijay Singh assured investors that they are no longer entangled with red tape, instead now they are welcomed on a red carpet, highlighting the government’s commitment towards building an investment-friendly environment in the country.
During the inaugural function, many companies came forward with huge investment deals in Karnataka. Here are the key announcements in various industries
Renewable Energy & Power Sector Investments
| Company Name | Investment Amount | Investment Purpose |
|---|---|---|
| JSW Neo Energy Ltd. | Rs 56,000 crore | Solar and wind energy projects |
| Battery energy storage | ||
| Blade manufacturing | ||
| Wind Turbine Generator plant | ||
| Tata Power Renewable Energy Ltd. | Rs 50,000 crore | Renewable power projects |
| Rooftop solutions | ||
| ReNew Pvt. Ltd | Rs 50,000 crore | 4GW of renewable energy projects |
| Serentica Renewables India Pvt Ltd. | Rs 43,975 crore | Renewable energy projects |
| Mahindra Susten Pvt Ltd. | Rs 35,000 crore | Renewable energy initiatives |
| Hero Future Energies | Rs 22,200 crore | Renewable energy projects |
| Green hydrogen and its derivatives projects | ||
| Suzlon Energy Ltd. | Rs 21,950 crore | Wind power projects |
| Essar Renewables Ltd. | Rs 20,000 crore | Clean energy projects |
| Avaada Energy Pvt Ltd. | Rs 18,000 crore | Solar power initiatives |
| O2 Power Pvt Ltd. | Rs 10,000 crore | Solar and wind power projects |
| Continuum Green Energy Group | Rs 10,000 crore | Energy development projects |
| AMPIN Energy Transition Pvt Ltd. | Rs 10,000 crore | Clean energy transition projects |
| ACME Solar Holdings Ltd. | Rs 10,000 crore | Solar energy expansion projects |
Steel, Cement & Manufacturing Investments
| Company Name | Investment Amount | Investment Purpose |
|---|---|---|
| Baldota Steel & Power Ltd. | Rs 54,000 crore | Integrated steel plant |
| JSW Group | Rs 43,900 crore | JSW Cement and Steel and its affiliates |
| Shree Cement Ltd. | Rs 8,350 crore | Integrated cement plant |
| Clinker grinding unit |
Semiconductor & Advanced Manufacturing Investments
| Company Name | Investment Amount | Investment Purpose |
|---|---|---|
| Lam Research | Rs 10,000 crore | Semiconductor equipment manufacturing |
| Epsilon Group | Rs 15,350 crore | Anode and cathode materials manufacturing |
| Emmvee Energy Pvt Ltd. | Rs 15,000 crore | Solar photovoltaic cell and module manufacturing |
| Hexa Climate Solutions Pvt Ltd. | Rs 8,000 crore | Climate technology and energy solutions |
Infrastructure & Mobility Investments
| Company Name | Investment Amount | Investment Purpose |
|---|---|---|
| Sotefin Bharat | Rs 8,500 crore | Construction and installation of fully automated robotic multi-level car and bus parking systems |
Other Significant Investments Announced At Invest Karnataka 2025
| Company Name | Investment Amount | Investment Purpose |
|---|---|---|
| Safran | Rs 225 crore | Avionics manufacturing |
| Schneider Electric | Rs 2,247 crore | Electrical products manufacturing and related research and development activities |
| Honda | Rs 600 crore | EV manufacturing |
| Hitachi Energy | Rs 1,000 | Manufacturing and R&D purposes |
| Bosch | Rs 450 crore | Manufacturing and R&D purposes |
| Havells | Rs 710 crore | Expansion of existing manufacturing unit at Tumkur |
| New R&D facility in Bengaluru | ||
| TVS Motor Company | Rs 2,000 crore | Establishment of state-of-the-art R&D facility |
| UltraTech Cement | Rs 4,500 crore | Cement manufacturing |
| Dalmia Cement | Rs 3,000 crore | Cement manufacturing |
| Samvardhana Motherson | Rs 3,700 crore | Facilities for |
| Manufacturing | ||
| Engineering | ||
| Assembly | ||
| Balaji Wafers | Rs 550 crore | Manufacturing and distribution of salty snacks and wafers |
| ESR Advisers | Rs 2,500 crore | Establishment of industrial parks and data centres |
