The Karnataka Government formalized investment agreements as 48 companies signed MoUs worth 51,469 INR-Crore at the Invest Karnataka Summit 2026 in Bengaluru on Thursday, 26 March. The investments will generate around 70,000 jobs across multiple sectors.
The agreements cover sectors such as aerospace, automotive, biotechnology and manufacturing. Major commitments include 2,000 INR-Crore by Mahindra Aerospace, 1,750 INR-Crore by Pace Digitek and 1,222 INR-Crore by Astemo. Additionally, NewSpace Research committed 1,100 INR-Crore, while Unimech pledged 1,000 INR-Crore with the highest job potential. The summit also saw participation from Axiscades, Ultraviolette, KP Group, Centum and Yazaki, along with over 100 industry representatives.
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The Karnataka investment agreements are expected to strengthen the state’s industrial ecosystem and boost employment generation. The commitments also highlight growing investor confidence in Karnataka’s manufacturing and technology sectors.
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