Hero Future Energies Private Limited (HFEPL), a part of the Hero Group, has signed a Memorandum of Understanding with the Karnataka government to invest ₹11,000 crore in renewable energy, green hydrogen, and its derivatives. The projects are expected to begin in the financial year 2025-26 and will take two to three years to complete. HFEPL's initiative aims to boost the state's economy and foster sustainable industrial growth. The agreement highlights Karnataka's role as a preferred investment hub for green energy initiatives. HFEPL's leadership emphasized their commitment to tackling environmental challenges with innovative energy solutions, focusing on decarbonization efforts in industries like transportation and heavy engineering manufacturing. The company also aims to drive India's clean energy exports through green hydrogen. Karnataka's abundance of renewable resources and emphasis on green innovation make it an ideal destination for HFEPL's investments. The state government will provide necessary approvals, permissions, and incentives to ensure timely project implementation. Karnataka's leadership in green energy solutions solidifies its status as a global investment hub, preparing for the Global Investors Meet, Invest Karnataka 2025. The state aims to create a competitive and digitally advanced industrial ecosystem, attracting investments and fostering technological advancements for a sustainable future.