₹4.71 lakh crore investment realised in 11 months: Karnataka Industries Minister M.B. Patil

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File photograph  of Minister for Large and Medium Industries M.B. Patil.

File photograph of Minister for Large and Medium Industries M.B. Patil. | Photo Credit: Special arrangement

Investment proposals worthy ₹4.71 lakh crore person been realised by the extremity of December retired of the ₹10.27 lakh crore commitments secured astatine the Global Investors’ Meet held successful February 2025, said Minister for Large and Medium Industries M.B. Patil present connected Thursday (January 15, 2026).

Ahead of his sojourn to the World Economic Forum scheduled to beryllium held successful Davos from January 19 to 23, the Minister has shared details of the State’s concern progress, applications received and sector-wise concern maturation implicit the past year.

Providing a elaborate overview, helium said that 46% of the concern agreements (MoUs) signed astatine the Global Investors’ Meet person already translated into existent investments. Of the ₹5.66 lakh crore concern commitments successful the manufacturing sector, ₹3.22 lakh crore has materialised. Similarly, successful the renewable vigor sector, ₹1.41 lakh crore has flowed successful against commitments of ₹4.25 lakh crore, portion the infrastructure improvement assemblage has recorded existent investments of ₹0.085 lakh crore against commitments of ₹0.45 lakh crore. This represents occurrence rates of 58 per cent, 33 per cent and 19% respectively, helium said.

“We person not stopped astatine the MoU signifier alone,” the Minister said. Once concern proposals are submitted, processes specified arsenic exertion handling, onshore allotment, statutory clearances and approvals are being facilitated done a afloat integer single-window system. Under this mechanism, much than 150 services crossed implicit 30 departments person been integrated. As a result, sectors specified arsenic manufacturing, ESDM, semiconductors and nutrient processing are witnessing a dependable travel of investments, helium explained.

Over the past year, concern proposals successful the State person been materialised astatine a faster pace, reflecting the instauration of a much industry-friendly ecosystem than earlier, helium said. Nearly 50% of each concern proposals and astir 60% of proposals successful the manufacturing assemblage person been submitted done ‘Karnataka Udyog Mitra’. These outcomes bespeak the occurrence of the State’s structured concern argumentation and reform-oriented initiatives. “We are ensuring that nary task remains confined to the MoU stage, but is taken to its logical conclusion,” Mr. Patil claimed.

In the manufacturing sector, Silfex has projected an concern of ₹9,300 crore to acceptable up a installation for manufacturing silicon components captious to the semiconductor industry. MV Energy has projected an concern of ₹5,495 crore to grow star compartment and module manufacturing astatine the ITIR country Bengaluru. Jindal Steel has projected an concern of ₹7,000 crore to found an electrical alloy manufacturing portion astatine Vijayanagar, helium further said.

Additionally, UltraTech Cement has projected an concern of ₹4,819 crore to acceptable up a cement manufacturing portion successful Kalaburagi district. Dalmia Cement has projected investments of ₹3,000 crore, on with an further ₹3,020 crore for expansion, astatine Yadawada successful Belagavi district. In the renewable vigor sector, Tata Power has projected investments of ₹8,134 crore. Volvo has projected ₹1,251 crore for the enlargement of its Hosakote facility, portion Suzlon Energy Limited has projected investments of ₹12,032 crore successful Vijayapura district. Havells India has projected an concern of ₹710 crore successful Tumakuru territory to grow manufacturing capableness and found a caller probe and improvement centre. Balaji Wafers (₹550 crore) and ASM Technologies (₹490 crore) person besides submitted concern proposals done Karnataka Udyog Mitra, Mr. Patil stated.

In the aesculapian and sanitary instrumentality sector, TZMO India has projected an concern of ₹58 crore. TASL has projected an concern of ₹500 crore astatine Vemagal successful Kolar territory for manufacturing components required for the Airbus H125 model. Safran Electronics has projected an concern of ₹250 crore for the manufacture of avionics and defence equipment, the Minister added.

Published - January 16, 2026 07:54 americium IST

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