Karnataka has received investment proposals worth Rs 10.27 lakh crore in investments during the three-day Invest Karnataka summit, which concluded in Bengaluru.

Speaking to reporters, Karnataka Minister of Large and Medium Scale Industries MB Patil said,"The total investments committed to Karnataka as part of GIM is Rs 10.27 lakh crore, with an employment generation potential of over 6 lakh.More than 45 percent of investments are in North Karnataka. We aim to realise at least 70 percent of total investments over the next two years."

"Of the total Rs 10.27 lakh crore, Rs 4.03 lakh crore comprises investment commitments that have been recognised/announced, while Rs 6.23 lakh crore is based on MoUs signed." he said.

Patil also said that 70 percent of the investment commitments are in Beyond Bengaluru clusters. "Even more encouraging is that nearly 75% of these investments are outside Bengaluru district, with over 45% concentrated in North Karnataka. This aligns with our vision for balanced regional growth."