 "Karnataka gets Rs 9,700-cr investment commitment at Make in India Week")
The state received investment intentions from French company Tar Kovacs for the setting up of an ocean-based renewable energy project with an investment of Rs 2,290 crore (EUR 300 million), while solar cell manufacturer First Solar is looking to setup a manufacturing unit with an investment of Rs 6,000 crore.
Mumbai-based Pert Telecom showed interest in setting up a manufacturing unit for smart devices in Karnataka with an investment of Rs 1,250 crore in a phased manner, according to a statement.
Apart from these large ticket deals, the state also received interest from garment exporter Global Mode & Accessories for a unit that could employ close to 2,000 people with an investment of Rs 25 crore and US-based McCormick Ingredients to setup a food processing unit with an investment of Rs 150 crore.
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