Latest Project Updates
New Hospital Activities Unit in Bangalore Urban, Karnataka
Executive Summary: A 50-bed hospital unit in Bellary Road, Bangalore Urban, Karnataka. As of October 2023, the company has obtained consent from state pollution control authorities to proceed with the project.
New Automatic Voltage Regulator Mfg. Project in Bangalore, Karnataka
Executive Summary: A manufacturing project in Peenya, Bangalore, Karnataka, involving the production of automatic voltage regulators at a rate of 1500 units per month, along with excitation control panels at 15 units per month. As of October 2023, the company has obtained consent from state pollution control authorities to proceed with the project.
Rs.1650 Million Sponge Iron Mfg. Expansion Plant in Ballari, Karnataka
Executive Summary: A sponge iron manufacturing expansion is planned in Kudatini, Karnataka. The project will scale up production from 100 TPD to 500 TPD using additional kilns and includes a 10 MW captive power plant for generating power from waste heat and dolo-char. The estimated cost is Rs. 1,650 million, and construction is slated for January 2026 to January 2027. As of October 2023, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change in India.
Rs.67096 Million New Sharavathy Pumped Storage Project in Uttara Kannada, Karnataka
Executive Summary: The Sharavathy Pumped Storage Project in Uttara Kannada, Karnataka, with a capacity of 2000 MW. This endeavor is projected to cost Rs. 303 million, with construction commencing in January 2025 and completion expected by July 2029. As of October 2023, the project is awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
New Electroplating & PVD Coating Project in Bangalore Urban, Karnataka
Executive Summary: A new project for electroplating and PVD coating is set to be established by a company in Bangalore, Karnataka. The location is Doddaladamara Road, Chikkellur-Kumabalgodu. The project, planned for watch manufacturing with a capacity of 93.2 million units per month, has received approval from state pollution control authorities as of October 2023.
New Hydraulics Cylinders Mfg. Project in Bangalore Urban, Karnataka
Executive Summary: A hydraulics company is launching a project in Thyamagondlu Hobli, Dobaspet, Bangalore Urban, Karnataka. They plan to manufacture hydraulics cylinders with a monthly capacity of 15,000 units and have obtained approval from state pollution control authorities for project establishment as of October 2023.
Rs.1150 Million New Sponge Iron Mfg. Expansion Unit in Dharwad, Karnataka
Executive Summary: A new sponge iron manufacturing expansion unit is being developed in Belur Industrial Area, Dharwad, Karnataka. The expansion will boost production from 100 TPD to 150 TPD while adding two 150 TPD kilns for sponge iron production, along with a 7 MW captive power plant. Additionally, a 5 MVA arc furnace will be installed for ferro alloy production. The estimated project cost is Rs. 1150 million, with construction scheduled from January 2025 to January 2026. As of October 2023, the project is awaiting environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
New Sheet Metal Pressed Components and Fabricated Assemblies Mfg. Project in Chikkaballapur, Karnataka
Executive Summary: A project in Chikkaballapur, Karnataka, for manufacturing sheet metal pressed components and fabricated assemblies with a monthly capacity of 100 metric tons. As of October 2023, the company has obtained approval from state pollution control authorities for the project's establishment.
Rs.743 Million New Machining and Assembling of Autoparts Mfg. Expansion Project in Ramanagara, Karnataka
Executive Summary: A machining, assembling, and casting expansion project is planned in Ramanagara, Karnataka. The project aims to expand autoparts and components manufacturing with a 60,000 MTA capacity and a 39,302 sqm build-up area, estimated at Rs. 743.5 million. Construction is scheduled for April to June 2024. As of October 2023, the project is undergoing examination for environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Resin Mfg. Expansion Project in Bangalore, Karnataka
Executive Summary: A coatings firm plans a resin manufacturing expansion in Karnataka's industrial hub. The project targets a capacity of 1000 MT/month with an estimated cost of Rs. 75.1 million. Construction is slated for November 2023, concluding in the same month. As of October 2023, the project awaits environmental clearance from State Level Environment Impact Assessment Authority.