12 MoUs for Belagavi worth 1595.73 Crore at Invest Karnataka

The Invest Karnataka-Hubballi Conference was organized with the objective of attracting investors to the northern districts of Karnataka, received a good response with 51 MoUs (Memorandums of Understanding) being signed here on Friday.

12 MoU’s were also signed for Belagavi district which is as follows:

Jinabakul forge – 20 crores – Job generation- 300

Anand life science – 40 crores – Job generation- 35

KLE education society – 600 crores – Job generation-

Ashoka ironworks (Udyambag) – 300 crores – Job generation- 200

Kwality animal feeds (Kanagla) – 45 crores – Job generation-

Savson digital (Kokatnur, Athani) – 112 crores – Job generation- 100

Askin biofuels( Alagavadi, Raybag) – 80 crores – Job generation- 80

Fuel – 50 crores (Belagavi) – Job generation- 200

Malini Patil textile park – 63.73 crores – Job generation- 17,178

Vijay Shanti agro tech exports (Harugeri)- 200 crores – Job generation- 100

Dodla Milk Dairy – 60 crores (Belagavi)- Job generation- 200

Golden Sims industry – 25 crores – Job generation-

Most of these companies are expanding their presence in their area except for Malini Patil Textile park we guess.

Hubballi-Dharwad has managed to attract investment of Rs 60,000 crore, which nearly 85% of the total investment proposed.

Aravind Melligeri, a developer of the aerospace SEZ Aequs Aerospace, was instrumental in marketing North Karnataka by ensuring an investment of another Rs 2,000 crore for the toy cluster at Koppal.