Latest Project Updates
Rs.2970 Million Molasses based Distillery Expansion Project in Belagavi, Karnataka
Executive Summary: A sugar mill expansion project in Kagwad village, Belagavi District, Karnataka, aims to increase capacity from 4,000 TCD to 10,000 TCD, costing Rs. 2,772.8 million. Additionally, the molasses-based distillery will expand from 120 KLPD to 400 KLPD, with a further cane crushing capacity enhancement. The project is awaiting environmental clearance from the Ministry of Environment, Forest, and Climate Change.
Rs.1120 Million New Data Centre Building Construction Project in Bengaluru Rural, Karnataka
Executive Summary: A new Data Centre Building is planned in Akkalenahalli-Mallenahalli Village, Devanahalli, Bengaluru Rural, Karnataka, with a built-up area of 56,801.44 sqm. The project, estimated at ₹1,120 million, is scheduled to begin in April 2025 and complete by April 2028. As of March 2025, it is awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.7400 Million Steel Plant Expansion Project in Vijayanagar, Karnataka
Executive Summary: A significant player in the steel industry plans a major expansion in Karnataka, boosting production capacity from 0.32 to 0.73 MTPA. Rs. 11,500 million investment, construction starts Dec 2023, aiming for Feb 2026 completion. Environmental clearance process initiated in Feb 2023.
Rs.2170 Million Sponge Iron Mfg. Expansion Project in Vijayanagar, Karnataka
Executive Summary: A sponge iron manufacturing expansion project is planned in Hospet, Karnataka, involving a capacity increase from 65,325 to 132,325 TPA, at an estimated cost of Rs. 431.585 million. Construction is slated from March to August 2024. As of November 2023, the project is under examination for environmental clearance by the Ministry of Environment, Forest and Climate Change of India.
Rs.5700 Million Integrated Steel Plant Expansion Project in Koppal, Karnataka
Executive Summary: A steel manufacturer plans to set up a sponge iron manufacturing project in Koppal, Karnataka, with an estimated cost of Rs. 1200 million. The project is aimed at producing sponge iron on a 42-acre land area to strengthen the value chain and reduce external dependency. As of November 2022, the company has been allotted land by the state Land Allotment Committee for the project.
Rs.1600 Million New Medical College and Teaching Hospital in Bangalore, Karnataka
Executive Summary: A new medical college and 1,200-bed teaching hospital is planned in Dibbur Village, Hesaraghatta Hobli, Yelahanka, Bangalore, Karnataka. With an investment of ₹1,600 million, construction is set to begin in August 2025 and finish by August 2026. As of March 2025, the project is under environmental clearance review by the State Level Authority.
New Bulk Drugs and Intermediates Mfg. Project in Yadgir, Karnataka
Executive Summary: A new bulk drugs and intermediates manufacturing project is planned in Kadechur & Badiyal Industrial Area, Yadgir, Karnataka, with a production capacity of 120 TPA. With an investment of ₹75 million, construction is set to begin in January 2026 and finish by February 2027. As of March 2025, environmental clearance is under review.
Rs.4771 Million New Biological Products Mfg. Project in Bangalore, Karnataka
Executive Summary: A new biological products manufacturing facility is set to be established in Jigani, Bangalore, focusing on Recombinant DNA Products with a 0.87 TPA capacity. The Rs. 4,771 million project will also support R&D activities. Construction begins in September 2025, completing by September 2028. Environmental clearance from MoEFCC is under review as of March 2025.
New Clinker Unit in Belgaum, Karnataka
Executive Summary: A new clinker unit project is planned in Belgaum, Karnataka, involving the establishment of a 3.6 MnTPA clinker unit and a 3 MnTPA grinding unit at an existing plant. The project aims to increase production capacity and efficiency. As of March 2025, the project has been officially announced.
Integrated Solid Waste Processing & Disposal Facility in Udupi, Karnataka
Executive Summary: The Government of Karnataka is planning an Integrated Solid Waste Processing & Disposal Facility in Taggarshe, Bainduru, Udupi, Karnataka. The project, estimated at Rs. 49.299 million, will involve solid waste management, processing, treatment, and disposal. Construction is scheduled to begin in August 2025 and end in November 2026. As of February 2025, it is awaiting environmental clearance.