Latest Project Updates
Rs.3500 Million Industrial Building Development Project in Bangalore, Karnataka
Executive Summary: An industrial building development project is planned in Ankana Halli, Hosakote, Bangalore, Karnataka, involving the construction of a warehouse with a built-up area of 2,39,193.53 square meters. The estimated project cost is Rs. 3500 million, with construction slated to begin in August 2025 and complete by June 2027. The project is under review for environmental clearance as of February 2025.
Rs.190000 Million Integrated Steel Facility Expansion Project in Ballari, Karnataka
Executive Summary: A new integrated steel facility is planned in Vijayanagar, Ballari, Karnataka, with an initial capacity of 5 MTPA. The project will expand ISP facilities to 10 MTPA, upgrade Blast Furnace-5 and SMS-4, and add new infrastructure, including a Pellet Plant and Lime/Dolomite kilns. The estimated cost is Rs. 190,000 million, with construction set to start in May 2026 and end in April 2029. Environmental clearance is pending.
Rs.20000 Million New Polylactic Acid Unit in Bagalkot, Karnataka
Executive Summary: A company is planning to establish a state-of-the-art Polylactic Acid (PLA) manufacturing facility in Bagalkot, Karnataka. The project, with an investment of Rs. 20,000 million, aims to produce eco-friendly PLA as a sustainable alternative to conventional plastics. As of February 2025, the company has signed an MoU with the state government to move forward with the project.
Rs.800 Million New Cookware Mfg. Unit in Hubli, Karnataka
Executive Summary: A new cookware manufacturing unit is planned in Hubli, Karnataka, with an investment of Rs. 800 million. A joint venture has been formed between a private Indian company and a Brazilian homeware giant to establish the project. The facility aims to boost the production of cookware products, catering to the growing domestic market.
Rs.250 Million New Wind Turbine Blade Plant in Vijayapura, Karnataka
Executive Summary: A new wind turbine blade plant is set to be established in Vijayapura, Karnataka, with an investment of Rs. 250 million. The project aims to support the development of 3,000 MW of wind energy in collaboration with the state government. As of February 2025, agreements have been formalized, and preparations are underway.
Rs.540000 Million New Integrated Steel Plant in Koppal, Karnataka
Executive Summary: A new integrated steel plant is being planned in Koppal, Karnataka, with an annual production capacity of 10.50 million tonnes. The project is estimated to cost Rs.540,000 million and is expected to significantly enhance steel production in the region. As of February 2025, the company has officially announced the project.
Rs.14000 Million Manufacturing Plant Expansion Project in Hoskote, Karnataka
Executive Summary: A leading automotive manufacturer is expanding its production facility in Hoskote, Karnataka, to enhance manufacturing capacity. The project, estimated at Rs. 14,000 million, aligns with growth and innovation goals. As of February 2025, an agreement has been signed with the state government, and pre-project activities are in progress.
Rs.869 Million Sugar Mfg. Expansion Project in Bagalkot, Karnataka
Executive Summary: A sugar company expand its distillery unit in Karnataka from 150 KLPD to 300 KLPD, and increase power generation from 5 MW/hr to 10 MW. The estimated cost is Rs. 3279.2 million. Environment clearance is in progress since December 2018. The project also involves expanding ethanol capacity from 350 KLPD to 700 KLPD with an investment of Rs. 1690 million (as of November 2021) and sugar production from 2000 TCD to 25000 TCD with an investment of Rs. 869.1 million (as of August 2023). The company has received land allotment from the state Land Allotment Committee.
Rs.5100 Million Precision Engineering Components Mfg. Expansion Project in Karnataka
Executive Summary: A precision engineering components manufacturing expansion is planned in KIADB, Karnataka, focusing on electronics, semiconductor, and solar industries. The project, with an estimated cost of Rs. 5100 million, aims to enhance design and production capabilities. As of February 2025, 10 acres of land will be acquired from KIADB to establish the new facility.
Rs.153500 Million New EV Battery Facility in Karnataka
Executive Summary: A company is planning to develop a state-of-the-art electric vehicle (EV) battery technology facility in Karnataka, with an investment of Rs. 153,500 million. The facility will focus on producing high-performance batteries for the growing EV market. As of February 2025, the company has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to support the project.