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Projects worth over ₹10 lakh crore were roped in by the government of Karnataka at the recently-concluded Global Investors’ Meet 2025 in Bengaluru.
| Photo Credit: File photo
Karnataka government has officially commenced rollout of projects worth over ₹10 lakh crore that were roped in at the recently-concluded Global Investors’ Meet 2025 in Bengaluru.
To start with, senior officials of Emvee Energy, a manufacturer of solar photovoltaic panels and modules, which committed an investment of ₹15,000 crore in a phased manner to set up a plant in Karnataka, met Large and Medium Industries Minister M.B Patil on February 20.
According to the Minister, Emvee Energy will initially invest ₹5,000 crore to set up a facility with a 5 GW power generation capacity, creating 10,000 jobs. ‘’The company has sought 120 acres of land in the Bengaluru IT Investment Region (ITIR) for the project. The government will facilitate this request after due consideration,” Mr. Patil stated.
Emvee Energy manufactures components for solar power generation, including aluminium frames, glass, EPE, JB Ribbon, and wafers. The proposed plant would contribute to sustainable development by promoting green energy production, the Minister said.
Earlier in the day, he performed the groundbreaking ceremony for a ₹315 crore manufacturing plant of Krones at Vemagal, which is another investment initiative from GIM.
Published – February 21, 2025 10:12 am IST
