Sunday, 04 Oct 2026 Breaking: Australian authorities launch terror probe into Flydubai co-pilot over revelations he studied in country
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Karnataka Home Minister Priyank Kharge holds talks with ExxonMobil on expanding Bengaluru operations

Karnataka Home Minister Priyank Kharge holds talks with ExxonMobil on expanding Bengaluru operations

New Delhi [India], September 13 (ANI): Karnataka Home Minister Priyank Kharge held discussions with ExxonMobil on expanding the energy major’s footprint in Bengaluru, with talks focusing on skilling, startup support, joint incubation and innovation initiatives, the Minister said in a statement on Sunday. 
Taking to his official X account, the Minister said he met Scott Sandlin, India Country Chair of ExxonMobil — one of the world’s largest integrated fuels, lubricants and chemical companies.
“Met Mr. Scott Sandlin and team from ExxonMobil, one of the world’s leading energy companies, which has had a presence in Bengaluru for nearly three decades and established a major technology and R&D centre here in 2015,” he noted. 
Kharge said the discussions also explored avenues to further expand ExxonMobil’s presence in Bengaluru and deepen its engagement with Karnataka.
“We discussed opportunities around skilling, startup support, joint incubation and innovation challenges, while also exploring avenues to expand their Bengaluru footprint,” he said, adding “Look forward to building a stronger partnership with ExxonMobil and deepening their engagement with Karnataka.”
In a recent development, the state approved investment projects worth Rs 29,679 crore, with the potential to create more than 66,000 jobs, at the 68th State High Level Clearance Committee (SHLCC) meeting.
"At the 68th State High Level Clearance Committee (SHLCC) meeting chaired by the Hon’ble @CMofKarnataka, investment projects worth Rs 29,679 crore were approved with the potential to create 66,000+ jobs," Kharge said in an X post. 
Highlighting some of the major investments, Kharge said Mahindra Aerostructures will invest Rs 2,300 crore to set up an aerospace parts and assemblies manufacturing facility in Kolar, while Aequs Consumer Products will invest Rs 1,104 crore to expand electronics components and assemblies manufacturing in Dharwad.
"Vibrancy Real Estates will invest Rs 2,195 crore to develop IT & ITES office space in Bengaluru," he added, further stating Toyota Kirloskar Motor will invest Rs 1,200 crore to establish a Business Intelligence Hub near Bengaluru. (ANI)

Tags

Related News

India-Japan high-tech partnership gaining momentum in semiconductors, space: Director, Institute of Geoeconomics
Business
India-Japan high-tech partnership gaining momentum in semiconductors, space: Director, Institute of Geoeconomics

<p>New Delhi [India], October 4 (ANI): India and Japan have growing opportunities to deepen cooperation in high-technolo...

India must adapt fertiliser pricing, subsidies to new realities amid Middle East reliance: University of Waikato Professor
Business
India must adapt fertiliser pricing, subsidies to new realities amid Middle East reliance: University of Waikato Professor

<p>New Delhi [India], October 4 (ANI): India needs to look beyond energy security and adapt its fertiliser pricing and s...

India needs more open trade, investment policies to withstand global shocks: Experts
Business
India needs more open trade, investment policies to withstand global shocks: Experts

<p>New Delhi [India], October 4 (ANI): India needs to strengthen its resilience to growing geopolitical and economic sho...

India’s real estate market shows two-speed trend as commercial demand stays strong, residential inventory rises: Equirus
Business
India’s real estate market shows two-speed trend as commercial demand stays strong, residential inventory rises: Equirus

<p>New Delhi [India], October 4 (ANI): India’s real estate market is increasingly showing a two-speed trend, with office...

Two-wheelers, CVs better placed than passenger vehicles amid commodity pressures: Report
Business
Two-wheelers, CVs better placed than passenger vehicles amid commodity pressures: Report

<p>New Delhi [India], October 4 (ANI): India’s two-wheeler and commercial vehicle segments are expected to outperform pa...

Rupee seen at 95.30-96.80 in October; global yields, FPI outflows pose risk: Report
Business
Rupee seen at 95.30-96.80 in October; global yields, FPI outflows pose risk: Report

<p>New Delhi [India], October 4 (ANI): The Indian rupee is expected to trade sideways in October in a range of 95.30–96....