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Ruchi Soya Industries has expressed interest to invest Rs 350 crore in Karnataka.
The company, which is the largest manufacturer of edible oil, has signed a MoU at the ‘Invest Karnataka 2016’ roadshow in Mumbai.
The investment in Karnataka involves both the agriculture and energy sectors.
The Karnataka Government is planning to hold its global investors meet ‘Invest Karnataka 2016’ in February.
Also at the Mumbai roadshow, key industrialists. including Sajjan Jindal, Chairman and Managing Director, JSW Steel, Harish Bhat, Member Group Executive Council, Tata Sons Ltd, Jajaj Dhani, President- International Operations, Asian Paints, Venugopal Dhoot, Chairman, Videocon, Shekar Viswanathan, Chairman, CII, Karnataka State Council, Vice-Chairman and Whole Time Director, Toyota, and others shared their experiences of doing business in Karnataka
Along with R V Deshpande, Minister for Large and Medium Scale Industries and Tourism, D K Shivakumar, Minister for Energy, and Roshan Baig, Minister for Infrastructure Development, Information and Haj, were present at the roadshow.
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