Continental signs MoU with Karnataka for INR 1,000-cr investments on R&D, Auto News, ET Auto
Continental has made FD investments consistently over the last ten years in India, and significantly in the State of Karnataka.New Delhi : Technology company Continental on Wednesday has signed a Memorandum of Understanding (MoU) with the Government of Karnataka in the presence of Chief Minister Basavaraj Bommai, for planned foreign direct investments to the tune of around INR 1,000 crore in the state.The proposed investment is towards furthering the growth of its in-house Research & Development organization,…