Latest Project Updates
Rs.2000 Million New Steel Wiring Processing Projects in Tumkur, Karnataka
Executive Summary: A new steel wire processing facility in Tumkur, Karnataka, will advance industrial applications in automotive, construction, and machinery. With a Rs. 2,000 million investment, the facility will use cutting-edge technology to produce high-quality products. Approved in June 2024 and under construction as of August 2024, the project aims to boost production capabilities and expand market presence.
Rs.951 Million New Poultry Meat Mfg. Unit in Chamarajnagar, Karnataka
Executive Summary: A new food products production unit is planned in Badanguppe, Kellamballi, Chamarajnagar, Karnataka, focusing on poultry, meat, frozen chicken, and chilled chicken. The project, with an estimated cost of Rs. 951.5 million, received land allocation in February 2024. As of August 2024, construction work has commenced, aiming to enhance production capacity and meet market demands.
Rs.1179 Million New Grey Iron and SG Iron Casting Components Mfg. Plant in Belagavi, Karnataka
Executive Summary: A new iron components manufacturing facility is being developed in Desura Village, Belagavi District, Karnataka. The project will produce grey and SG iron casting components, both ready-to-assemble and sub-assembled, with an estimated cost of Rs. 1,179.2 million. Land was allocated in February 2024, and construction began in August 2024.
Rs.730 Million New Infrastructure Development Project in Mandya, Karnataka
Executive Summary: A new infrastructure development project is underway at Favorich Industrial Park in Mandya District, Karnataka, focusing on warehousing, garment manufacturing, logistics, and solar power generation. Estimated at Rs. 730 million, the project includes rooftop and common area installations. Land was allocated in February 2024, and construction began in August 2024.
Rs.156110 Million Phase - 3 Metro Rail Project in Bangalore, Karnataka
Executive Summary: A new Phase-3 Metro Rail Project in Bangalore, Karnataka, will include two elevated corridors totaling 44.65 km with 31 stations. The first corridor runs 32.15 km from JP Nagar 4th Phase to Kempapura, while the second extends 12.50 km from Hosahalli to Kadabagere. With an estimated cost of Rs. 156,110 million, construction is set to begin in January 2025 and complete by December 2029.
Rs.1214 Million New Warehousing Handling and Transportation Project in Karnataka
Executive Summary: A new warehousing handling and transportation project is underway in the Kailahaili Industrial Area, Mysuru District, Karnataka. With an estimated cost of Rs. 1,214.2 million, the project focuses on developing infrastructure for efficient logistics operations. Land was allotted in February 2024, and construction began in August 2024.
Rs.159 Million New Alloy Casting Mfg. Projects in Shimoga, Karnataka
Executive Summary: A major metal casting industry player is launching a new project with an investment of Rs. 159.7 million to produce iron and steel castings, machined components, automobile parts, and agricultural implements. Approved by the State High Level Clearance Committee in June 2024, the project will use advanced technology and sustainable practices, boosting local employment and economic growth.
Rs.970 Million New Metallurgical Products Mfg. Project in Bangalore, Karnataka
Executive Summary: A scaffolding company is launching a new metallurgical products manufacturing project in Devanahalli General Industrial Area, Bangalore, focusing on aluminum form systems and scaffolding repair. With an investment of Rs. 970 million and land allotted in February 2024, the project commenced in August 2024. It aims to enhance production capabilities, support market demand, create jobs, and boost the local economy.
Rs.1996 Million New Research and Development Center in Bangalore, Karnatak
Executive Summary: A major automotive components company is investing Rs. 1996.5 million in a new Research and Development (R&D) Center to enhance technological innovation and product development. Approved in June 2024 by the State High Level Clearance Committee, the project began in August 2024 and aims to advance electric vehicle technologies, propulsion systems, and emissions solutions, driving growth and industry leadership.
Rs.161 Million New Plastic Moulding Mfg. Projects in Yadagir, Karnataka
Executive Summary: A major new plastic moulding project has commenced with an investment of Rs. 161.4 million. The initiative aims to enhance production capabilities and expand product offerings, following State High-Level Clearance Committee approval in June 2024. As of August 2024, initial work is focused on infrastructure development and setting up advanced moulding technology.