Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 3)
3.
Which organisation signed an MoU with the Karnataka Digital Economy Mission to attract ₹5,000 crore in GCC investments to Karnataka?
Answer: Option
Explanation:
GoodWorks Group signed a Memorandum of Understanding (MoU) with the Karnataka Digital Economy Mission (KDEM) on August 09, 2026, to attract ₹5,000 crore in Global Capability Centre (GCC) investments to Karnataka over the next five years. The partnership aims to establish 50 new GCCs and expand existing centres, creating more than 62,500 direct and indirect jobs. It is also expected to generate an annual salary inflow of around ₹2,250 crore and increase demand for 1.25 million sq. ft of commercial real estate. Target markets include North America, Europe, Japan, South Korea, and West Asia.
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