Hero Future Energies, a renewable energy arm of the Hero Group, signed an MoU with the Karnataka government to invest INR 11,000 crore in renewable energy, green hydrogen, and its derivatives. This investment is aimed at creating 3,000 jobs and driving decarbonisation efforts in the state. The projects are scheduled to roll out over two to three years, starting in 2025-26, with a focus on expanding efforts to hard-to-abate industries like transportation and heavy engineering manufacturing. The collaboration emphasizes Karnataka's dedication to sustainable industrial development and attracting global investments. The signing ceremony, attended by Karnataka's Minister for Large and Medium Industries and Infrastructure Development, reinforces the state's commitment to green energy innovation and fostering a competitive industrial ecosystem. The initiative aligns with India's ambitions to become a key clean energy exporter while working towards achieving net-zero emissions and transitioning to a green economy.