Karnataka's Tumakuru Industrial Node Expansion to Attract ₹7,000 Crore Investment

Key facts

• Karnataka Industries Minister M B Patil announced the expansion of the Tumakuru industrial node through acquisition of 1,736 acres of land.
• The expansion is expected to attract investments worth ₹7,000 crore into Karnataka.
• The announcement was made at the third meeting of the Apex Monitoring Authority of the National Industrial Corridor Development and Implementation Trust.
• The Tumakuru node is part of the Bengaluru–Chennai Industrial Corridor and has achieved 30% physical progress and 20% financial progress.
• Of the earmarked land, 300 acres have been allotted for a Japan Industrial Township and 200 acres for micro, small and medium enterprises.
• The node is expected to generate more than 88,000 jobs and is scheduled for completion in 2027.
• Jindal Aluminium is the anchor investor with 151 acres allotted, while 41 acres have been earmarked for institutional use.
• The node will prioritise sectors such as food and beverages, textiles and apparel, electronics, chemicals, general engineering and logistics.
• The overall industrial corridor project is estimated to cost ₹50,759 crore, with potential investments of ₹5.35 lakh crore and generation of 14 lakh jobs across 49,120 acres.