Karnataka Secures ₹7,500 Crore Investment from Japanese Firms at Invest Karnataka Summit

Bengaluru witnessed a major boost in foreign investments as fifteen Japanese companies committed ₹7,500 crore to the state during the Invest Karnataka Summit on Wednesday. The investments, spanning sectors like automobile manufacturing, industrial automation, and advanced technology, reinforce Karnataka’s position as a preferred destination for Japanese enterprises. The summit, aimed at fostering global business collaborations, saw leading Japanese firms signing Memoranda of Understanding (MoUs) to establish new facilities and expand existing operations in the state.

Among the biggest commitments, Toyota Kirloskar Motor Private Limited pledged ₹3,748 crore, further strengthening its presence in Karnataka. Hitachi Construction Machinery Co Ltd also signed an MoU to set up a Global Capability Center (GCC) in Dharwad. Additionally, a crucial partnership with SMRJ (Organisation for Small and Medium Enterprises and Regional Innovation, Japan) is set to enhance technological collaborations between SMEs from both nations. These investments are expected to drive employment, boost technological advancements, and accelerate Karnataka’s economic growth, making it a key hub for Indo-Japanese industrial cooperation.