US-based Burkhan Group to invest Rs 1,500 crore in Karnataka AI project

Bengaluru: US-headquartered Burkhan World Investment Group has announced plans to invest about Rs 1,500 crore in Karnataka for the production of advanced AI-powered servers.

"The company has sought 10–15 acres of land near Devanahalli, which will be provided. This investment is expected to generate significant employment opportunities in the manufacturing sector," Minister for Large and Medium Industries MB Patil said on Thursday.

The minister held discussions on the proposed investment with Shafi Khan, CEO of TGG (The Ghazi Group- a subsidiary of Burkhan World), and his team at the Vidhana Soudha.