Karnataka has attracted several new industrial proposals and investments worth ₹1.53 lakh crore in 11 months after the State’s bi-annual business exploratory exposition Global Investors’ Meet (GIM) held in February 2025, said Minister for Large and Medium Industries M.B. Patil here on Saturday.
He said these investments were in addition to the commitments the State secured during GIM. Karnataka’s efforts to attract investments were continuous in nature and won’t be limited to GIM alone, he said, ahead of his visit to the World Economic Forum summit at Davos, where he would be part of a high-level delegation.
In key sectors
According to Mr. Patil, several leading companies have expressed interest in investing across key sectors such as manufacturing, renewable energy, data centres and Global Capability Centres (GCCs). “These proposals are expected to be submitted to Karnataka Udyog Mitra in the coming days, after which the subsequent approval processes will be taken up expeditiously,’’ he added.
Sharing the breakup of these new investments, the Minister said ₹66,293 crore pertained to the manufacturing and industrial sector, ₹20,913 crore came from wind and solar power generation segment, ₹12,500 crore towards the establishment of GCCs, and ₹6,350 crore for setting up of data centres.
Some players
Among key investments, he said Toyota Industries Engine would invest ₹1,330 crore to manufacture gasoline and hybrid engines at its Jigani facility; QAI India will invest ₹1,136 crore to establish a Quantum Centre of Excellence in Bengaluru; AT&S would invest ₹2,850 crore in Nanjangud for the manufacture of electronic components; Wipro Hydraulics would invest ₹499 crore to produce copper laminates required for the electronics and PCB sectors, and enfold Biosciences would invest ₹490 crore to manufacture enzymes used in the pharmaceutical sector.
Further, the Minister said Reliance Consumer Products would set up a ₹1,622-crore beverage manufacturing facility at Mulawad Industrial Area (Phase-2) in Vijayapura district for production and bottling of Campa Cola products.
In addition, JJG Aerospace would invest ₹470 crore at Adinarayanahosahalli in Doddaballapura for manufacturing aircraft components. Yaskawa would invest ₹330 crore to set up an electronic products manufacturing unit in the same industrial area. Also, Inox Wind would invest ₹305 crore to establish a wind turbine manufacturing unit at Kushtagi in Koppal district.
Tech firms, SAP India would invest ₹1,960 crore to open its second facility at Devanahalli; Google India would invest ₹2,500 crore in Bengaluru, while NTT (Data Centres) will invest ₹4,000 crore to establish data centres at Devanahalli. Data Samudra (Tele India Data Center) would invest ₹1,350 crore across Mangaluru, Hubballi-Dharwad and Mysuru, and Haldiram Snacks would invest ₹444 crore to set up a snacks manufacturing unit at Vasantha Narasapura in Tumakuru district, the Minister elaborated.
Published – January 17, 2026 08:11 pm IST
