Karnataka attracts 2000 cr from Telangana and AP

karnatakaWhen the ministers and Chief ministers of both the Telugu states are touring foreign countries to attract investments , eight leading companies of two Telugu states of Telangana and Andhra Pradesh are investing 2000 crores in Karnataka .

Companies Astra Microwave Products Ltd, Pennar Industries Ltd, SMS Pharmaceuticals Ltd, Mishra Dhantu Nigam Ltd, Malaxmi Group, Vijayanagar Sugar Private Limited, Voith Turbo Pvt Ltd, and IJM (India) Infrastructure Ltd have assured to invest Rs 2,000 cr in Karnataka.

Karnataka Minister for Large and Medium Industries and Infrastructure Development R V Deshpande assured the government’s cooperation with the companies.