Petronas Hydrogen and Continental Automotive to invest Rs 32,000 crore in Karnataka

The Karnataka Government on Tuesday signed MoUs with the Malaysia-based Petronas Hydrogen, and Continental Automotive Components (India) for a total investment of Rs 32,000 crore in the presence of Chief Minister Basavaraj Bommai.

Additional Chief Secretary in the department of Commerce and Industries EV Ramana Reddy signed the MoUs with Petronas Hydrogen CEO Adlan Ahmaad and Continental Automotive CEO Prashant Doreswamy.