A high-level delegation from Karnataka, led by Medium Industries & Infrastructure Development Minister MB Patil, has secured an investment commitment of Rs 6,450 crore from Japan and South Korea. During the two-week visit to both countries, from June 24-July 05, the delegation met with over 35 industry leaders and 200 companies in both the countries.

The commitments from six major companies are projected to create over 1,000 jobs in Karnataka. Osaka Gas committed to expanding its gas distribution infrastructure in Karnataka with an investment of Rs 5,000 crore over the next five years. DN Solutions signed an MoU worth Rs 1,000 crore to establish a manufacturing facility for precision tools and automation systems, expected to create approx. 350 jobs.

Aoyama Seisakusho, a Japanese auto components supplier committed Rs 210 crore to set up a manufacturing facility in the Japanese Industrial Township and Daiki Axis, HyVISION, and EMNI signed MoUs worth Rs 240 crore collectively, focusing on environmental equipment manufacturing and battery cell storage and testing.

The Karnataka delegation identified promising leads worth Rs 25,000 crore across the automotive, electronics, and energy solutions sectors.