Big bucks coming! K'taka signs MoUs worth Rs 22,000 cr with 7 companies at WEF

NT Correspondent

Bengaluru: Web Werks India proposes to invest Rs 20,000 crore to set up a data centre park here, according to an MoU the company signed with the Karnataka government at the World Economic Forum Annual Meeting at Davos.

"Great news from Davos! This is a giant leap in our infrastructure journey. Welcome aboard, Web Werks!", the Chief Minister Siddaramaiah said on 'X' "Karnataka has inked an MoU with Web Werks India Pvt. Ltd at the World Economic Forum.

We welcome a massive Rs 20,000 crore investment for a new Data Centre Park ," he said.