Latest Project Updates
Rs.7580 Million New CVC and PVC Pipes Mfg. Unit in Kolar, Karnataka
Executive Summary: A new CVC and PVC pipes manufacturing unit is being set up in Vemagal Industrial Area, Kolar, Karnataka, with an estimated investment of ₹7,580 million. Spread across 33 acres acquired from KIADB in Phase-2 of the industrial park, construction has already begun. The facility is expected to begin operations by August 2026 to serve domestic and export markets.
Rs.400 Million Sponge Iron Mfg. Expansion Project in Koppal, Karnataka
Executive Summary: A sponge iron manufacturing unit in Hire Bagnalu, Koppal, Karnataka is planning to expand its production capacity from 60,000 TPA to 84,000 TPA. The project, estimated at Rs. 400 million, has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority as of July 2025.
New Precision CNC Components Mfg. Project in Tumakuru, Karnataka
Executive Summary: A new precision CNC components and machine tools manufacturing project is being established at Tumakuru Machine Tool Park, Karnataka, with an estimated investment of Rs. 80 million. Approved by the State High Level Clearance Committee in May 2025, the project aims to enhance local manufacturing capabilities. As of July 2025, construction and development activities have officially begun.
Rs.150 Million New Hydraulic Products Mfg. Unit in Tumkur, Karnataka
Executive Summary: A new hydraulic products manufacturing unit is being developed in Vasanthanarasapura Industrial Area, Phase-III, Tumkur, Karnataka. The project includes production of various hydraulic and mechanical machines along with CNC and press brake tools. With an estimated cost of Rs. 150 million, the investment was approved in May 2025, and construction work has commenced as of July 2025.
Rs.193 Million New Rock Breakers, Precision Drilling Components Mfg. Unit in Kolar, Karnataka
Executive Summary: A new manufacturing unit is being developed in Bavanahalli Industrial Area, Malur Taluk, Kolar, Karnataka, focusing on rock breakers, precision drilling, mining, demolition components, and surface treatment processes. With an estimated investment of Rs. 193 million, the project received state-level clearance in May 2025. As of July 2025, construction activities for the facility have commenced.
Rs.156 Million New Special Purpose Machines Mfg. Unit in Tumakuru, Karnataka
Executive Summary: A new manufacturing unit for Special Purpose Machines is being set up in TMTP Vasanthanarasapura 3rd Phase Industrial Area, Tumakuru, Karnataka. The project, with an estimated investment of Rs.156 million, received approval from the State High Level Clearance Committee in May 2025. As of July 2025, project activities have commenced, aiming to boost industrial production capabilities in the region.
Rs.155 Million New Automobile Components Mfg. Unit in Tumakuru, Karnataka
Executive Summary: A new automobile components manufacturing unit is being set up in TMTP Vasanthanarasapura 3rd Phase Industrial Area, Tumakuru, Karnataka. The facility will produce precision tools, jigs, fixtures, and automotive components. With an estimated investment of Rs.155 million, the project received approval from the State High Level Clearance Committee in May 2025, and construction commenced by July 2025.
Rs.155 Million New Multi Axes CNC Controls Mfg. Project in Tumakuru, Karnataka
Executive Summary: A new manufacturing unit is being set up in Tumakuru Machine Tool Park, Karnataka, to produce advanced Multi Axes CNC Controls, including 5 Axes, 8 Axes, and above with HMI interface. The project, with an investment of Rs. 155 million, received state approval in May 2025. Construction work began in July 2025 to advance industrial automation capabilities.
Rs.1000 Million New Waste to Energy Power Plant in Koppal, Karnataka
Executive Summary: A 10 MW waste-to-energy power plant is being set up in Koppal, Karnataka, using Waste Heat Recovery Boiler (WHRB) technology to convert steelmaking waste heat into clean electricity. The project, estimated at Rs. 1000 million, aims to enhance energy efficiency and sustainability. It is scheduled to become operational by July 31, 2025.
Rs.1500 Million New EV Charger Mfg. Unit in Karnataka
Executive Summary: A new EV charger manufacturing unit is planned in Karnataka, aimed at supporting the growing electric vehicle infrastructure. The project, with an estimated investment of Rs. 1,500 million, will focus on producing chargers for various applications. As of July 2025, the project has been officially announced and is expected to advance through planning and approval stages soon.