Monday , 29 June 2026
Home News Karnataka Approves ₹7,506 Crore Industrial Projects to Generate Over 28,000 Jobs
News

Karnataka Approves ₹7,506 Crore Industrial Projects to Generate Over 28,000 Jobs

Image for representation purposes only; no ownership rights are held.

Karnataka has taken another major step towards strengthening its industrial ecosystem by approving 55 new industrial projects with a combined investment of ₹7,506 crore. The projects are expected to generate more than 28,000 employment opportunities, further reinforcing the state’s position as one of India’s leading manufacturing and investment destinations.

The approvals were granted during the State-level Single Window Clearance Committee meeting chaired by Large and Medium Industries Minister M.B. Patil. According to the government, 41 of the approved projects will be established outside Bengaluru Urban and Bengaluru Rural districts under the Beyond Bengaluru initiative. The strategy aims to encourage balanced industrial growth by expanding investments into emerging districts across the state.

The latest approvals also include four Foreign Direct Investment proposals from Taiwan, South Korea, Germany and Japan, highlighting Karnataka’s growing appeal among global investors. Officials said these investments will strengthen advanced manufacturing capabilities while supporting technology transfer and employment generation.

Several sectors have received significant attention, including aerospace, Electronics System Design and Manufacturing (ESDM), and general engineering. Among the major investments are Kaynes Electronics with ₹495 crore in Chamarajanagara, SFO Technologies with ₹490 crore in Doddaballapura, Orbit Industrial Park with ₹454 crore in Kolar, Terra Circuits with ₹441 crore in Vijayapura and Bellatrix Aerospace with ₹404 crore in Bengaluru Rural.

Other notable proposals include investments by JSW Port Logistics, Shahi Exports, Infragalaxy, Praxair India, Sobha Realty and RMZ, along with multiple expansion projects that will further boost industrial capacity across Karnataka.

According to M.B. Patil, 35 approved projects involve investments exceeding ₹50 crore each, while another 15 projects fall within the ₹15 crore to ₹50 crore investment range. Five existing companies have also received approval for expansion projects involving an additional investment of ₹223.61 crore.

The latest investment approvals underline Karnataka’s continued focus on attracting domestic and international businesses while creating employment opportunities and promoting sustainable industrial development beyond the Bengaluru metropolitan region.

Bookmark (0)
Please login to bookmark Close

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles