Government of Karnataka

ASM Technologies signed an MoU with the Government of Karnataka to invest ₹510 crore to expand its ESDM-related Design-Led Manufacturing and precision engineering capacity. The company will acquire 10 acres of land from KIADB to set up a design facility.

Sansera Engineering signed an MoU with the Karnataka government to invest Rs 2,100 crore over 3-5 years to expand manufacturing capacity in Harohalli, Ramanagara. The project is expected to create 3,500 jobs.