Latest Project Updates
Rs.4950 Million New IT / ITES Park Construction Project in Bengaluru, Karnataka
Executive Summary: A new Rs. 4,950 million IT/ITES Park is planned in Hitech Defence Aerospace Park Phase-2, Devanahalli Taluk, Bengaluru Rural District. Designed to support the IT sector, the project is in the pre-project phase as of November 2024.
Rs.160 Million Machine Tools and Components Mfg. Project in Karnataka
Executive Summary: A new machine tools and components manufacturing project is planned in Banashankari 6th Stage, Tumakuru, Bengaluru, Karnataka, with an estimated investment of ₹160 million. The facility aims to meet growing demand in the engineering sector. As of November 2024, the project has received consent from the state pollution control authorities to proceed with establishment.
New CNC Profile Cutting Machine Mfg. Project in Peenya Industrial Area, Bangaluru
Executive Summary: A new CNC cutting machine manufacturing project is underway in Peenya Industrial Area, Bengaluru. The facility will produce CNC profile cutting machines, CNC plasma cutting machines, and CNC fiber laser cutting machines, with an estimated investment of ₹56.5 million. The project received approval from the State Level Single Window Clearance Committee in August 2024 and commenced in November 2024.
Rs.21500 Million New Machined Components Mfg, Project in Bangalore, Karnataka
Executive Summary: A new Rs. 21,500 million facility for forged and precision-machined components is planned in Harohalli 5th Phase Industrial Area, Bangalore Rural District. Catering to multiple industries, the project is in the pre-project phase as of November 2024.
Rs.2500 Million Explosive Products Mfg. Expansion Project in Udupi, Karnataka
Executive Summary: An expansion project for manufacturing explosive products is planned in Vishwasnagar, Varanga Village, Udupi, Karnataka. The project will enhance production capabilities, with construction slated to begin shortly and complete by April 2024. As of November 2024, the project has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
Rs.2100 Million New Automotive Fasteners Mfg. Project in Tumkur, Karnataka
Executive Summary: A new manufacturing facility for automotive fasteners is planned in the Japanese Industrial Township, Tumkur, Karnataka, with an investment of ₹2,100 million. The facility aims to meet the growing demand in India and abroad. As of November 2024, pre-project activities, including land acquisition and approvals, are underway, reinforcing the company’s commitment to enhancing production capabilities and market presence.
Rs.1533 Million New Agro Chemical Mfg. Project in Yadgir, Karnataka
Executive Summary: A new agrochemical manufacturing facility is planned in Kadechur Industrial Area, Yadgir, Karnataka, with an investment of ₹1,533.5 million. The facility will produce a range of products to support sustainable agriculture and meet growing demand for advanced farming solutions. As of November 2024, pre-project activities, including planning and clearances, are underway.
Rs.2300 Million New Battery Cell Mfg. Unit in Bengaluru, Karnataka
Executive Summary: A new battery cell manufacturing giga factory is being set up in Bengaluru, Karnataka, to produce prismatic NMC Li-ion cells for mobility and battery storage needs. With a Rs. 2300 million investment, the project features a 44:56 partnership with an American firm, establishing a versatile, technology-agnostic facility to support India’s shift toward sustainable energy solutions.
Rs.4000 Million New HVAC Equipments Mfg. Facility in Kolar, Karnataka
Executive Summary: A new HVAC manufacturing facility is under development in Narsapura, Kolar, Karnataka, aimed at producing advanced central air-conditioning equipment, including Screw Chillers, Magnetic Levitation Technology Chillers, and Heat Pumps. With a Rs. 4000 million investment, this plant will enhance production capabilities and deliver energy-efficient cooling solutions. The project is currently in the implementation stage as of November 2024.
Rs.2670 Million Steel Plant Expansion Project in Koppal, Karnataka
Executive Summary: A Leading Steel Manufacturing Company is planning to take up new steel plant in Koppal, Karnataka. The project involves establishment of a new unit for beneficiation, sponge iron, billet plant, rolling mill, pipe mill, galvanizing plant, etc.