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All About Belgaum

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12 MoUs for Belagavi worth 1595.73 Crore at Invest Karnataka

Feb 15, 2020 by Editor Feb 15, 2020 1 Comment

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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.

investktk12 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.

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About Editor

Writes about the cozy town of Belagavi and captures all the important happenings of the city. Since 2007 have been writing on AllaboutBelagum on varied topics and impactful stories.

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Comments

  1. Gopinath says

    Feb 16, 2020 at 8:55 PM

    Recently our honorable finance minister has launched krishi udan scheme during annual budget session.

    Request to the concerned authorities and to our district politicians to expedite for implementing the scheme asap.

    I would like to request to the honourable agricultural minister shri Patil Sir and our Railway minister Shri Angadi Sir, as to utilise the krishi udan scheme to implement at sambra railway station along with agricultural crops export zone for this region with cold storage wagons.

    Request to make this project implementation asap with concerned central government authorities and ministers

    Reply

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