The Government of Karnataka, on Friday, announced the culmination of Invest Karnataka 2025, with total committed investments amounting to ₹10.27 lakh crore and employment generation of over six lakh.
The announcement was made by Minister MB Patil, Minister for Large and Medium Scale Industries, alongside Deputy Chief Minister DK Shivakumar.
“What is even more encouraging is that nearly 75 per cent of these investments are outside the Bengaluru district, with more than 45 per cent concentrated in North Karnataka. This aligns with our strategic vision of balanced regional growth,” said Minister MB Patil.
Of the ₹10.27 lakh crore, around ₹4 lakh crore were investment commitments that were recognised; MoUs of around ₹6.2 lakh crore were signed at the event.
Sector-wise, the major share was contributed by renewable energy, with 41 per cent of total investments, followed by manufacturing, with 15 per cent from core, 14 per cent from Sunrise sectors, 11 per cent from infrastructure & industrial/ logistics parks, 10 per cent from general manufacturing and 9 per cent start-up capital.
Of the projects from the industries department, around 70 per cent are greenfield projects, Patil observed.
Key investment announcements during the event include ₹1,20,000 crore from the JSW Ground across renewable energy, cement, steel, and affiliated businesses, ₹54,000 crore from Baldota Steel & Power Ltd for an integrated steel plant, ₹36,000 crore from Mahindra Susten across renewable energy projects and tourism, ₹22,200 crore from Hero Future Energies for projects in renewable energy, green hydrogen and its derivatives, ₹15,350 crore from Epsilon Group for manufacturing anode and cathode materials and ₹10,000 crore from Lam Research for semiconductor equipment manufacturing and R&D, among others.
The event also saw the launch of several policies including the New Industrial Policy 2025-30, which aims to generate 20 lakh jobs and attract ₹7.5 lakh crore investments, and the Clean Mobility Policy 2025-2030, targeting investments of ₹50,000 crore across the clean mobility value chain, and generating 1 lakh new jobs in the sector.