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Foxconn Group announces investment project in Karnataka In a boost to India's Atmanirbhar Bharat ambitions and Karnataka's success in drawing investments in the electronics manufacturing and assembly segment, Hon Hai Technology Group (Foxconn) has announced a major investment in the state, an official statement said on Friday. Land of 300 acres for the project has been identified near the Bengaluru International Airport, in Doddaballapura and Devanahalli taluks. A Foxconn team, led by CEO and Chairman Young Liu, and comprising 16 sen...
Foxconn Group announces investment project in Karnataka
Foxconn Group announces investment project in Karnataka
Source: IANS
4/03/2023 10:03:37 AM
Budget 2023-24 a revolutionary packag`: Karnataka Minister Murugesh Nirani Welcoming the Union Budget presented by Finance Minister Nirmala Sitharaman, Karnataka Minister for Large and Medium industries Murugesh R. Nirani has said the announcement of the Central assistance of Rs 5,300 crore for Upper Bhadra Project in the drought-prone region of Karnataka will provide sustainable micro irrigation and filling up of surface tanks for drinking water. Nirani said that the announcement in the Union Budget to enhance the export competitiveness of marine products, parti...
Budget 2023-24 a revolutionary packag`: Karnataka Minister Murugesh Nirani
Budget 2023-24 a revolutionary packag`: Karnataka Minister Murugesh Nirani
Source: IANS
1/02/2023 4:48:56 PM
Bharat Biotech evinces interest to invest in Karnataka  Covaxin maker Dr. Krishna M. Ella has evinced interest in investing in Karnataka. Ella, Chairman and MD of Bharat Biotech, which produces Covaxin, met state Minister for Large and Medium Industries Dr. Murugesh R. Nirani, in Hyderabad on Friday, stated the official press release from the ministry of large and medium industries. Ella, however, did not divulge the details of the nature and extent of investment and said that he would soon come out with an investment plan. In a mee...
Bharat Biotech evinces interest to invest in Karnataka
Bharat Biotech evinces interest to invest in Karnataka
Source: IANS
14/10/2022 4:21:51 PM
Karnataka kick-starts Europe roadshows for Global Investors` Meet from London Karnataka's Minister of Large and Medium Industries, Murugesh R Nirani, kicked off the Europe roadshows for Global Investors' Meet (GIM) 2022 in London on Thursday. Leading the delegation, the minister said, "The State of Karnataka offers an excellent industrial ecosystem, world-class infrastructure and industrial-friendly policies. The delegation is here to invite potential investors to the forthcoming Global Investors Meet scheduled in November (2nd to 4th) in Bengaluru.&quo...
Karnataka kick-starts Europe roadshows for Global Investors` Meet from London
Karnataka kick-starts Europe roadshows for Global Investors` Meet from London
Source: IANS
30/09/2022 10:06:50 AM
Global Investors`Meet: Karnataka Government proposes separate Japanese township The Karnataka delegation led by Minister for Large and Medium Industries Minister Dr. Murugesh R. Nirani has proposed a separate 'Japanese township' on the nearly 600-acre plot in Tumakuru, the neighbouring district of Bengaluru. The delegation, which concluded its three-day visit to Japan, has also assured the investors in Japan that besides the township, a land bank of 50,000 acres has been earmarked for industrial development, an official release on Wednesday stated. As a par...
Global Investors`Meet: Karnataka Government proposes separate Japanese township
Global Investors`Meet: Karnataka Government proposes separate Japanese township
Source: IANS
10/08/2022 9:19:11 AM
Karnataka clears 60 new industrial projects; 8,575 jobs to be created Keeping up the industrial growth momentum, the Karnataka government has approved 60 industrial projects worth Rs 2,465.94 crore that would generate jobs for over 8,575 people in the state, an official statement stated on Sunday. The 131st State Level Single Window Clearance Committee (SLSWCC) meeting held under the chairmanship of Minister for Large and Medium Scale Industries Murugesh R. Nirani on Saturday evening cleared the projects. The committee has considered and approved 10 impor...
Karnataka clears 60 new industrial projects; 8,575 jobs to be created
Karnataka clears 60 new industrial projects; 8,575 jobs to be created
Source: IANS
1/05/2022 1:33:30 PM
Exide to invest Rs 6K cr in lithium-ion cell unit in Bengaluru The MD and CEO of Exide Industries, Subir Chakraborty, met Karnataka Minister for Large and Medium Industries, Murugesh R. Nirani, on Thursday and said the battery major would invest Rs 6,000 crore in a lithium-ion cell manufacturing Giga factory in the state. During the meeting held at the Karnataka Udyog Mitra office, Chakraborty said the project is expected to generate 1,200-1,400 employment opportunities, and it will be one of India's largest Giga factories for advanced cell chemis...
Exide to invest Rs 6K cr in lithium-ion cell unit in Bengaluru
Exide to invest Rs 6K cr in lithium-ion cell unit in Bengaluru
Source: IANS
1/04/2022 9:05:30 AM
Karnataka first state in India to have exclusive women industrial parks  In a bid to encourage women to take up entrepreneurship, the Karnataka government will soon set up exclusive industrial parks dedicated to them in Mysuru, Dharwad, Harohalli and Kalaburagi, Large and Medium Industries Minister Murugesh Nirani announced here on Thursday. The minister was inaugurating a women entrepreneurs' event titled 'Together We Grow' organised by UBUNTU Consortium of Women Entrepreneurs Associations to mark International Women Entrepreneurship Day at a...
Karnataka first state in India to have exclusive women industrial parks
Karnataka first state in India to have exclusive women industrial parks
Source: IANS
18/11/2021 5:09:12 PM
Industrial units in Karnataka to get sale deeds in 10-15 days: Minister Murugesh Nirani Industrial units in Karnataka will get sale deeds within 10 to 15 days after the execution of projects, state Large and Medium Industries Minister Murugesh Nirani said on Tuesday. Addressing industrialists during Kaigarika Adalat at the Bengaluru Palace, he promised to address the concerns raised by the industrialists, saying that being an industrialist himself, he was aware of the problems. "We are conducting Kaigarika Adalat to ensure a business-friendly atmosphere in the state. ...
Industrial units in Karnataka to get sale deeds in 10-15 days: Minister Murugesh Nirani
Industrial units in Karnataka to get sale deeds in 10-15 days: Minister Murugesh Nirani
Source: IANS
13/10/2021 9:12:46 AM
Karnataka minister invites Germany to join hands for hosting GIM  Inviting Germany to collaborate with Karnataka in hosting the 'Global Investors Meet (GIM)' in November 2022, state Large and Medium Industries Minister Murugesh Nirani said on Friday that the GIM would provide a great platform to explore investment opportunities. The minister was interacting with a delegation led by the Consul General of Germany, Achim Burkett, here. "Karnataka and Germany share a strong relationship, especially in areas of trade and FDI. Our state i...
Karnataka minister invites Germany to join hands for hosting GIM
Karnataka minister invites Germany to join hands for hosting GIM
Source: IANS
1/10/2021 9:43:41 AM
Karnataka attracted maximum share of FDI: Minister Murugesh Nirani Karnataka attracted the country's maximum share of Foreign Direct Investment (FDI) in the April-June quarter, Large and Medium Industries Minister Murugesh Nirani said on Wednesday. "Karnataka attracted Rs 62,085 crore investments in the April-June fiscal and became a top recipient with 48 per cent share of total FDI in India. "Our state had attracted Rs 30,746 crore FDI in 2019-20 and stood at the third spot and in 2020-21, we maintained the third spot by attracting Rs 56...
Karnataka attracted maximum share of FDI: Minister Murugesh Nirani
Karnataka attracted maximum share of FDI: Minister Murugesh Nirani
Source: Reuters
9/09/2021 9:18:40 AM
Karnataka to soon have integrated townships in all industrial hubs In a bid to avoid long traffic snarls and save ‘man hours being wasted in traffic junctions, Karnataka industries minister, Murugesh R. Nirani said on Friday that the state government was planning to launch unique concept of "Walk-to-work" across the state. After reviewing his department, Nirani told reporters that the industries department had decided to prepare a blueprint on residential townships in industrial areas that would come up in future across the state. "...
Karnataka to soon have integrated townships in all industrial hubs
Karnataka to soon have integrated townships in all industrial hubs
Source: IANS
21/08/2021 9:46:54 AM
Karnataka decides to resume stone quarries and crusher units Karnataka Mines and Geology Minister Murugesh R Nirani on Monday announced a decision to resume operations of stalled stone mining and crusher units across the state. The Mines and Geology department issued a circular in this regard on Monday. Post two tragic blasts that occurred in Hunasodu quarry in Shivamogga district and another blast in a quarry in Chikkaballapur district that killed six each in a gap of month, Karnataka, had not only tightened its vigil but also ordered suspension...
Karnataka decides to resume stone quarries and crusher units
Karnataka decides to resume stone quarries and crusher units
Source: IANS
30/03/2021 9:02:06 AM