Karnataka signs 6 MoUs worth Rs. 1,650 cr.

The Karnataka Government signed six MoUs worth Rs. 1,650 crore in various sectors. To strengthen industrial infrastructure in the State, Karnataka signed a MoU with Opulence Business Solutions Pvt Ltd.

The MoU envisages setting up 'Karnataka Industrial Infrastructure Development Fund' to take up projects and execute them in time bound manner.

AMoU was signed in tourism sector, especially in the development of tourist places, for Rs. 100 crore.

Opuelence Yogin Technologies signed MoU to take up KPO for research, sales and financial services for Rs. 200 crore. Twinetra Foundation signed a MoU for Rs. 250 crore to bring in programmes in partnership with Ivy League universities.

The State government also signed an open-ended MoU with Poland India Business Council for bilateral co-operation for promoting investments in areas such as energy, tourism, culture, waste management, manufacturing, information technology (IT) and education.

HBL