Latest Project Updates
Rs.2621 Million Thirthahalli-Udupi-Malpe Section Widening Project in Karnataka
Executive Summary: The Ministry of Road Transport & Highways plans to widen the Thirthahalli-Udupi-Malpe section in Karnataka, India, from a two-lane to a four-lane road on an EPC mode. The project involves widening the road to 76.200 km from 51.600 km and from 85.200 km to 88.900 km. The estimated cost is Rs.2621.3 million, and the project aims to improve connectivity, reduce travel time, and boost economic growth in the region. Bids have been invited for the project.
New Plastic Toys Mfg. Project in Koppal, Karnataka
Executive Summary: A new plastic toy manufacturing project in Koppal, Karnataka, plans to produce 33.4 million units. An industrial entrepreneurs' memorandum was filed in March 2022, and the project is currently in the planning stages. The company is evaluating feasibility through market research and resource assessment. The project's success depends on cost management, quality standards, and meeting market demand.
New Molded Parts Mfg. Project in Koppal, Karnataka
Executive Summary: A new molded parts manufacturing project is being planned in Koppal, Karnataka, with a production capacity of 12,000 metric tonnes. The project is still in the planning stage as of May 2022, and the company has filed an industrial entrepreneurs' memorandum to establish the project. The proposed project is expected to create job opportunities and contribute to the local economy by meeting the rising demand for molded parts in various industries.
Rs. 6795 Million New Closed Loop Pumped Storage Project in Vijayanagar, Karnataka
Executive Summary: A new manufacturing unit for a closed loop pumped storage project that aims to generate 130 MW of hydro power is planned in Vijayanagar District, Karnataka, with an estimated cost of Rs.6795 million. The project has been allotted land by the State Land Allotment Committee. The innovative technology will use surplus power to pump water uphill and generate electricity during peak hours, contributing to the renewable energy sector.
Rs.173 Million New Cement Asbestos Products Mfg. Unit in Tumkur, Karnataka
Executive Summary: A new cement asbestos products manufacturing unit is planned to be established in Kempana Dodderi Village, Tumkur District, Karnataka, India, with an allotted land of 2.08 acres. The project, with an estimated cost of Rs.173 million, received approval from the State Single Window Clearance & Monitoring Authority in January 2022. As of May 2022, the project work has commenced, aimed at expanding the product portfolio, meeting the growing demand for building materials, and creating employment opportunities in the region.
Rs.891 Million New Woven Fabrics and Sacks Mfg. Unit in Dakshnina Kannada, Karnataka
Executive Summary: A new unit for manufacturing HDPE/PP woven fabrics and sacks is set to be established in Karnataka's EPIP Industrial Area, catering to the growing demand for high-quality packaging solutions in various industries. The project cost is around Rs. 891 million and expected to generate employment opportunities and contribute to the region's economic growth.
Rs.42000 Million Integrated Cement Plant Expansion Project in Belagavi, Karnataka
Executive Summary: One of the Leading Cement Suppliers in India, is planning to take up integrated cement plant expansion project in Belagavi, Karnataka. The project involves expanding clinker (from 2.6 MTPA to 9.1 MTPA), cement (from 2.5 MTPA to 9 MTPA), etc.
Rs.750 Million New Precast Concrete Products Mfg. Unit in Tumkur, Karnataka
Executive Summary: A new precast concrete manufacturing unit is being set up in Tumkur District, Karnataka with an estimated cost of Rs. 750 million. The project work commenced in May 2022 after being approved by the State Single Window Clearance & Monitoring Authority in January 2022.
Rs.160 Million New Electronic Accessories Mfg. Unit in Rural, Karnataka
Executive Summary: A new electronic accessories manufacturing unit in Haralurumudden ahalli Industrial Area, Karnataka, has been approved by the State Single Window Clearance & Monitoring Authority in January 2022. The project, with an estimated cost of Rs. 160 million, will manufacture smart organizers, smart watches, smart sippers, and health monitoring gadgets under the brand name "STOLT unit" on a 2-acre land. Project work has commenced as of May 2022.
Rs.677 Million New Solar Frames Mfg. Unit in Devanahalli, Karnataka
Executive Summary: A new solar frames manufacturing unit is being established in the Hi-Tech, Defence and Aerospace Park in Devanahalli District, Karnataka. The proposed unit will manufacture various products, including HVAC assemblies, cathodic equipment, and PSD doors, among others. The project was approved by the State Single Window Clearance & Monitoring Authority in January 2022, and the estimated cost of the project is Rs. 677 million. Project work has already commenced.