Investments - Finance Ppl

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Investments

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1. South Korea's YG-1 to invest $150 million in Karnataka

As comfirmed in official twitter page of MB Patil- Karnataka State Minister for Large and Medium Industries and Infrastructure Development,on July 3 2024, YG-1 is said to have made an announcement that it will be making an investment of $150 million in Karnataka (Rs 1252 Crores approx).The company already operates a manufacturing facility in Tumakuru Machine Tool Park in Doddaballapur, Karnataka.

Company background: YG-1, global company in precision tooling manufacture based South korea. Established its business in India in October 2002, with its registered office in Karnataka.

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