Invest Karnataka Conclave 2026: 48 companies sign MoUs worth ₹51,469 crore
On 26 March 2026, 48 companies signed investment agreements worth ₹51,469 crore at the Invest Karnataka Conclave 2026 in Bengaluru, expected to create about 70,000 jobs.
Summary
At the Invest Karnataka Conclave 2026 in Bengaluru on 26 March 2026, 48 companies in aerospace, automotive, biotechnology and manufacturing signed investment agreements worth ₹51,469 crore in the presence of Industries Minister M. B. Patil. The commitments are expected to create about 70,000 jobs and are in addition to those announced at the Global Investors Meet and Davos. Signatories included Mahindra Aerospace, Ultraviolette and Axiscades.
Key facts
- Event
- Invest Karnataka Conclave 2026, Bengaluru – 26 March 2026
- Agreements
- 48 companies, ₹51,469 crore
- Jobs
- About 70,000
- Sectors
- Aerospace, automotive, biotechnology, manufacturing
- Minister
- M. B. Patil, Large and Medium Industries
Practice MCQs 2 questions
At the Invest Karnataka Conclave 2026 (26 March 2026), how many companies signed investment agreements worth ₹51,469 crore?
Show answer
Correct answer: C — 48
48 companies signed agreements worth ₹51,469 crore, expected to create about 70,000 jobs.
The investment agreements at the Invest Karnataka Conclave 2026 are expected to create about how many jobs?
Show answer
Correct answer: C — 70,000
Industries Minister M. B. Patil said the commitments are expected to generate around 70,000 jobs.