{
  "id": 9787454,
  "title": "Karnataka, Singapore deepen investment ties; CapitaLand eye expansion: MB Patil",
  "url": "https://urgent.news/2026/09/25/karnataka-singapore-deepen-investment-ties-capitaland-eye-expansion",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-25T15:09:14.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/karnataka-singapore-deepen-investment-ties-capitaland-eye-expansion-mb-patil/articleshow/134488410.cms"
  },
  "original_language": "en",
  "account": "Bengaluru witnessed a significant boost in economic ties between Karnataka and Singapore as state industries minister MB Patil visited Singapore. During his visit, Patil held talks with Singapore's minister of state for trade and industry, Gan Siow Huang, to strengthen cooperation on investment and economic development. The discussions focused on expanding collaboration in advanced industries such as aerospace and defense, semiconductors, aviation MRO, and other high-tech sectors.\n\nPatil highlighted the potential for deeper collaboration in these fields, with progress to be pursued through the Invest Karnataka Forum and the Singapore Enterprise Centre in Bengaluru. Meanwhile, CapitaLand Investment, a global real asset manager, expressed its keenness to expand its data center capacity in Karnataka. Currently developing a 42-megawatt facility at International Tech Park Bangalore, CapitaLand plans to further increase its presence, investing around Rs 2,000 crore in the project.\n\nST Telemedia Global Data Centres (STT GDC), a key player in the data center industry, also showed interest in expanding its operations in Karnataka. Operating 34 data centers across 10 cities in India, with over 613 MW of IT capacity, STT GDC is investing Rs 5,000 crore to develop a 100-megawatt data center campus on KIADB land in Devanahalli. The company's expansion plans aim to bolster Karnataka's position as a hub for advanced data center infrastructure.",
  "summary": "Karnataka intends to strengthen its economic collaboration with Singapore, particularly in advanced industries. Minister MB Patil highlighted cooperation opportunities in aerospace, defence, and semiconductors. CapitaLand Investment plans to enhance data centre capacity in Karnataka, while ST Telemedia Global Data Centres is expanding its operations. TVS Motor Company is encouraged to increase…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "Karnataka veterinary job scam: How KPSC aspirants paid Rs 1.52 crore for leaked papers",
        "url": "https://urgent.news/2026/09/25/karnataka-veterinary-job-scam-how-kpsc-aspirants-paid-rs-1-52-crore",
        "published": "2026-09-25T17:06:53.000Z"
      },
      {
        "outlet": "The Hindu",
        "title": "Singapore firms to expand presence and invest additional ₹2,000 crore in Karnataka: M.B. Patil",
        "url": "https://urgent.news/2026/09/25/singapore-firms-to-expand-presence-and-invest-additional-2-000-crore",
        "published": "2026-09-25T17:12:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}