Economy

47 proposals for investments in coastal Karnataka

A.J. Vinayak Mangalore | Updated on November 15, 2017 Published on May 09, 2012

Over 45 industries have signed a memorandum of understanding to invest in coastal Karnataka, according to a government official.

Mr S.G. Hegde, Joint Director, District Industries Centre, Mangalore, told Business Line that the Government signed MoUs with 47 investors attracting investments of Rs 243 crore on Tuesday.

These investments are spread over Dakshina Kannada and Udupi districts.

He said that 21 MoUs were signed attracting investments of Rs 150 crore in Dakshina Kannada district. As many as 26 investments worth Rs 93 crore are envisaged in Udupi district.

It may be mentioned here that the Karnataka Government is conducting a global investors’ meet in Bangalore in June. These investments are part of the global investors’ meet, Mr Hegde said.

>vinayakaj@thehindu.co.in

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Published on May 09, 2012
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