AB InBev to Invest Rs 400 Crore in Karnataka Brewery Expansion
Jan 18, 2024 15:32
AB InBev, the world's largest brewer, plans to invest Rs 400 crore to expand its brewery operations in Karnataka. The company has a state-of-the-art brewery in Mysuru and a Global Capability Centre in Bengaluru.
Bengaluru, Jan 18 (PTI) The world's largest brewer AB InBev has evinced keenness for a Rs 400 crore investment to enhance and expand its brewery operations in Karnataka, according to the State's Large and Medium Industries Minister M B Patil.
A Karnataka delegation led by Patil held discussions with executives of AB InBev on Wednesday at the World Economic Forum annual meeting in Davos, the Minister's office said in a statement.
The company has a state-of-the-art brewery in Mysuru and a Global Capability Centre here.
Meanwhile, HP Enterprise which currently employs 8,000 individuals in Karnataka out of its 15,000-strong workforce across India stated that the two new state-of-the-art buildings at Mahadevpura here would be unveiled soon. "This location is set to become the largest concentration of HP facilities globally, nearly double the size of its next biggest site, the statement said.
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