Setting the stage for the next edition of Invest Karnataka-2016, the State hosted the Mumbai Road Show on Wednesday at the Taj Mahal Palace Hotel in Mumbai. The event saw the signing of a memorandum of understanding between Ruchi Soya, manufacturer of edible oil, and the State government. Ruchi Soya Industries will invest Rs. 350 crore in the State, both in the agriculture and energy sectors. Ministers R.V. Deshpande, D.K. Shivakumar, and Roshan Baig were present at the road show. Key industrialists Sajjan Jindal, Chairman and Managing Director of JSW Steel Ltd., Harish Bhat, Member, Group Executive Council, Tata Sons Ltd., Jajaj Dhani, president-International Operations, Asian Paints, and Venugopal Dhoot, Chairman, Videocon, were present.
