Bengaluru: Toyota Group of Companies has signed an MoU with the state government on Saturday.
Speaking to reporters, Chief Minister Basavaraj Bommai said repeat investment of Toyota reassures the world and shows that Karnataka is a right place for investment and long term relationships. and Karnataka is the number number one interms of gaining FDI, local investments and he assured that in the coming days, Karnataka will be Evs manufacturing hub.
He said he is happy to announce that they have signed an MOU with the Toyota Group of Companies. The company will invest Rs.4800 Crores in Karnataka. “We are committed to bring about unprecedented growth and development in the state. This MOU is another milestone in the same direction,” the CM said.
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