Anand Mahindra’s Coorg memories and Rs 40,000 crore investment plans for the State

Bengaluru Express

Bengaluru, Feb. 11: Anand Mahindra, chairman of Mahindra Group kicked off his address in Kannada, reminiscing about his childhood days that he spent in Coorg.

Reflecting on lessons learned from the region’s coffee plantations, Mahindra highlighted how his experiences shaped his entrepreneurial journey and his approach to business.

The Mahindra Group leader unveiled a massive investment plan, committing Rs 40,000 crore across sectors like renewable energy, tourism, defense, electric vehicles, and real estate in Karnataka over the next five years.

He said Mahindra Group is already investing Rs 5,000 crore in real estate projects in Bengaluru, with an additional Rs 6,000 crore set to follow.

Wrapping up with a heartfelt “Thank you, Karnataka” (dhanvavadagalu) in Kannada, Mahindra won the crowd over.

Sajjan Jindal to invest Rs 1 lakh Crore

Steel magnate Sajjan Jindal announced that the Jindal Group will invest over Rs 1 lakh crore in Karnataka in the coming years.

He said of this, Rs 45,000 crore will go into steel production, while ₹56,000 crore will be channelled into hospitality, solar energy, green hydrogen, and other eco-friendly ventures.

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