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CM Bommai meets industry leaders in Davos, Lulu Group to invest Rs 2k crore in Karnataka

5 views | May 25, 2022, 09:00:43 AM | Mirror Now
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Karnataka Chief Minister Basavaraj Bommai, who is in Davos to attend the World Economic Forum (WEF), held a series of meetings with major industry leaders. While a Memorandum of Understanding (MoU) was signed with Lulu International Group for an investment of Rs 2,000 crore in the state, many firms, including Dassault Systems, evinced interest to invest in Karnataka. The Lulu Group plans to open four shopping malls, a hypermarket and an export-oriented agri-processing unit in the state.