Taiwan, South Korean and Singaporean companies ink agreements of more than Rs 24,000 crore at Karnataka Investors Summit
As many as six companies from Taiwan, South Korea, and Singapore have signed MoUs worth more than Rs 24,000 crores during the Karnataka Investors Summit.
Some of the specific investments include the signing of agreement between South Korean DM Solutions and Karnataka Government for a project worth Rs 998 crores.
Two other South Korean major players Hack India Private Limited and High Vision have inked MoUs for Rs 42 crore and Rs 37 crore respectively.
Singaporean company Dong Energy Solutions Private Limited has inked an MoU for investing Rs 492 crores.
Investments from Taiwan exceed 22,000 crores, with significant contributions from Foxconn and Delta Electronics.
The event underscores the strengthening of relationships between Karnataka and these countries