Latest Project Updates
Rs.9004 Million New Iron Ore Beneficiation Plant in Vijayanagar, Karnataka
Executive Summary: A new Iron Ore Beneficiation Plant and Pellet Plant project is planned in Hospete Taluk, Karnataka, with capacities of 3.0 MTPA and 1.5 MTPA, respectively. Estimated at Rs. 9004.9 million, construction starts in January 2025, ending in December 2026. As of July 2024, the project is awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
New Hazardous Waste Incinerator Facility in Chikkaballapur, Karnataka
Executive Summary: A new hazardous waste incinerator facility with a 500 kg/hr capacity is planned in Kudumalakunte Industrial Area, Chikkaballapur, Karnataka, with an estimated cost of Rs.30 million. Construction is scheduled from June 2024 to June 2025. The project, submitted for environmental clearance in December 2023, reflects a commitment to advanced waste management and adherence to regulatory standards, contributing to environmental sustainability and responsible industrial practices in the region.
Rs.8750 Million Sugar Mill Expansion Unit in Bagalkote, Karnataka
Executive Summary: Shree Kedarnath Sugar and Agro Products plans to expand its Bagalkote, Karnataka unit by increasing sugar mill capacity from 3,500 TCD to 15,000 TCD, co-gen power from 15 MW to 50 MW, and adding a 200 KLPD molasses/cane syrup-based distillery. With an Rs. 8,750 million investment, construction runs from July 2025 to February 2026, pending SEIAA environmental clearance.
Rs.5000 Million Sugarcane Crushing Expansion Project in Bagalkot, Karnataka
Executive Summary: A sugar mill project in Shirur Village, Bagalkot, Karnataka, originally planned with 5,000 TCD capacity, 30 MW co-generation, and 60 KLPD distillery, is under expansion. The revised plan includes 15,000 TCD crushing, 500 KLPD multi-feedstock distillery, and 13 MW captive power, with a Rs. 5,000 million investment. Environmental clearance is currently under review by the Ministry of Environment.
Rs.125 Million New Precision Machined Tools & Assembies Mfg. Project in Tumakuru, Karnataka
Executive Summary: A new Precision Machined Tools & Assemblies Manufacturing Project is set to be established in Tumakuru Machine Tool Park, Karnataka, with an estimated cost of Rs. 125 million. The State Level Single Window Clearance Committee approved the investment in February 2025, and the project work officially commenced in April 2025.
Rs.1500 Million New Bulk Drugs & Drug Intermediates Mfg. Unit in Yadgir, Karnataka
Executive Summary: A new bulk drug and drug intermediate manufacturing facility is planned in Yadgir, Karnataka, with an annual production capacity of 1,500 metric tons (TPA). The project involves an investment of Rs. 1,500 million. Construction is scheduled to commence in January 2026 and be completed by December 2028. The proposal is currently under review for environmental clearance by the State Level Environment Impact Assessment Authority.
Rs.2500 Million New Soap Manufacturing Unit in Vijayapura, Karnataka
Executive Summary: A new soap manufacturing unit is being planned in Vijayapura, Karnataka, with an investment of Rs. 2500 million. The project involves setting up a modern facility and aims to increase production capacity. As of April 2025, 50 acres of land have been allocated by the Karnataka Industrial Areas Development Board (KIADB) for this development.
Rs.8000 Million Engineering and Technology Centre Expansion Project in Bangalore, Karnataka
Executive Summary: A leading aerospace company is expanding its engineering and technology center in Bangalore, Karnataka, with a ₹8,000 million investment. The facility will enhance aerospace R&D, digital aviation, and flight testing, featuring labs for IoT, 3D experiences, and system integration. As of April 2025, environmental clearance is in progress, with completion expected by December 2029.
Rs.2600 Million New Hotel construction Project in Bangalore, Karnataka
Executive Summary: A new hotel project, "Tribute Westin Bangalore," is planned in the EPIP Industrial area, Bangalore East, Karnataka. The project, with an estimated cost of Rs. 2600 million, is set to start construction in December 2025 and be completed by December 2027. As of April 2025, the project has been submitted for environmental clearance.
Rs.463 Million New Poultry Feeds Project in Belagavi, Karnataka
Executive Summary: A new Rs. 463.5 million poultry feed manufacturing facility is planned in Kanagal Industrial Area, Belagavi, Karnataka. The project aims to meet growing demand for quality animal nutrition, with pre-project activities underway as of November 2024.