Latest Project Updates
Rs.8070 Million New Textile & Garments Unit in Shivamogga, Karnataka
Executive Summary: A new textile and garment unit is being established in Nidige, Shivamogga, Karnataka, covering 204,302.17 square meters with an estimated cost of Rs. 8,070 million. Construction started in May 2023, aiming for completion by May 2028. The project includes a synthetic fabrics processing unit with an initial capacity of 500 tonnes per month, doubling to 1,000 tonnes, expected to be operational by year-end.
Rs.487 Million New Paper Products Mfg. Project in Tumkur, Karnataka
Executive Summary: A new paper products manufacturing project is planned in Sira Industrial Area, Tumkur, Karnataka, covering 10 acres with an estimated cost of Rs.487.5 million. As of May 2024, Karnataka's State Level Single Window Clearance Committee has approved the investment proposal.
Rs.6000 Million New Hotel Construction Project in Bangalore, Karnataka
Executive Summary: A new 400-key premium hotel project is planned in Marketcity, Bangalore, Karnataka, as part of a mixed-use development. Managed under the Grand Hyatt brand by Hyatt International, the project is slated for completion by FY28, with an estimated cost of Rs. 6000 million. As of April 2024, pre-project activities are underway, signaling a significant addition to Bangalore's hospitality sector.
Rs.555 Million New Tyre Oil and Carbon Black Mfg. Project in Bellary, Karnataka
Executive Summary: A carbon company plans a tyre oil and carbon black manufacturing project in Karnataka's Bellary district, costing Rs.555 million. By May 2024, approval from Karnataka's State Level Single Window Clearance Committee has been obtained for the investment proposal.
Rs.151 Million New Iron and Steel Mfg. Project in Bellary, Karnataka
Executive Summary: A manufacturing company intends to initiate an iron and steel manufacturing project in Bellary, Karnataka, with an estimated cost of Rs.151 million. As of May 2024, the investment proposal has been approved by Karnataka's State Level Single Window Clearance Committee.
Rs.1250 Million New Automotive Plastic Components Mfg. Plant in Chikkaballapur, Karnataka
Executive Summary: A project to establish an automotive plastic components manufacturing plant in Gauribidanur, Karnataka, is underway. The project, with an estimated cost of Rs. 2880 million, aims to produce high-quality automotive plastic parts. The strategic location is expected to benefit both the company and the local economy. The project has received approval from Karnataka's State Level Single Window Clearance Committee, signaling progress towards its realization.
Rs.153 Million New Centrifugal Fans and Axial Flow Fans Mfg. Project in Chikkaballapur, Karnataka
Executive Summary: A new manufacturing project for centrifugal and axial flow fans is set to commence in Chikkaballapur, Karnataka. The project includes production of fans, accessories, retrofits, and more, with an estimated cost of Rs. 153.8 million. Approval from Karnataka's State Level Single Window Clearance Committee has been obtained as of May 2024, marking progress towards implementation.
Rs.295 Million New Cosmeceuticals and Pharma Formulations Mfg. Project in Yadgir, Karnataka
Executive Summary: A cosmeceuticals and pharma formulations manufacturing project is scheduled for Kadechur Industrial Area, Yadgir, Karnataka. With an estimated cost of Rs. 295 million and 4 acres of land, the project has gained approval from Karnataka's State Level Single Window Clearance Committee as of May 2024, indicating progress towards implementation.
Rs.190 Million New Bulk Drug & Intermediates Unit in Bidar, Karnataka
Executive Summary: A new Bulk Drug & Intermediates Unit project in Kolhar Industrial area, Bidar, Karnataka, aims to produce 120 metric tons annually. The project, estimated at Rs. 190 million, awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India as of May 2024.
New Common Bio-Medical Waste Treatment Facility in Kalaburagi, Karnataka
Executive Summary: A foundation plans a common bio-medical waste treatment facility with incinerator in Kalaburagi, Karnataka, with capacities of 150 Kg/hr and 50 Kg/hr. Estimated at Rs.25 million, construction runs from July to September 2024. As of May 2024, the project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change of India.