Karnataka Udyog Mitra and Japanese Chamber of Commerce & Industry Bangalore (JCCIB), an association of Japanese companies situated in Bangalore, have signed a MoU for information sharing on Industrial estates and Infrastructure development. At present, there are about 175 Japanese companies in Bangalore. And in future, there are plans of large scale investments for two-wheeler manufacturing & its ancillaries and furthermore some electronic parts enterprises to venture in Bangalore.
Recently, the Karnataka State Government held a Global Investors Meet (GIM) to attract investment from domestic and overseas companies. This was participated by more than 2000 companies and 389 MOUs were signed on various projects with a total investment of $90 billion.
