Rs 2,500 crore investments planned by ESR India
Hong Kong-based industrial and logistics company ESR Group's Indian arm ESR India has signed a memorandum of understanding (MoU) with the Karnataka government to invest Rs 2,500 crores in the state. As per the MoU, the company will build industrial and logistics parks, urban distribution centers, and data centers in the state.
The CEO of the firm Abhijit Malkani said that MoU will accelerate development and attract more investments from multinational and national companies. ESR has committed to a significant investment of Rs 2500 crores over a period of 3 years.
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