Of the 122 MoUs signed during Invest Karnataka, 90% are duds
Just two months after the big-ticket Invest Karnataka, promises of investments are beginning to ring hollow. Nearly 90% of over 122 MoUs signed by the Karnataka government at the February meet are yet to take off. The projects promised were worth Rs 1.27 lakh crore, apart from Rs 1.77 lakh crore investment that Karnataka bagged at the meet.