Karnataka Attracts ₹17,000 Crore Investments Across Various Industries in Vijayapura District

Karnataka receives proposals worth ₹17,000 crore for Vijayapura District. Campa Cola of the Reliance Group has been approved for a ₹1,622 crore cold beverages and bottling project, while Wings Vitera plans to invest ₹350 crore. Suzlon, Melstar, Poddar, and companies from the renewable energy sector, FMCG, solar, and textile sectors have also expressed interest.

Vijayapura, a district in Karnataka, is poised for significant industrial growth with investment proposals totaling ₹17,000 crore. The Large and Medium Industries Minister, M B Patil, announced that the district is set to receive investments across various sectors, including FMCG, solar, textile, and renewable energy.

Among the notable proposals, Campa Cola, a subsidiary of Reliance Group, has been approved for a ₹1,622 crore cold beverages and bottling project. This project is expected to create 1,200 direct jobs and will be located on 100 acres of land at Mulawada Industrial Area Phase 2 in Vijayapura district [1].

Wings Vitera, a company known for its food grain processing operations, has proposed to invest ₹350 crore in the district. Suzlon, a pioneer in wind power blade manufacturing, plans to invest ₹360 crore. Melstar is keen to establish an aircraft flying training school, with another company also expressing interest in setting up a similar institute. Additionally, Poddar, a manufacturer of CVC/PVC pipes, has plans to set up a unit in the district [2].

Several companies in the renewable energy sector have shown interest, with proposals totaling ₹16,700 crore. ReNew Power, Rsolec, and Hexa Climate have proposed investments of ₹4,700 crore, ₹4,000 crore, and ₹8,000 crore respectively. Other notable investments include ₹490 crore by Zenfold Biosciences, ₹174.99 crore by Astral Coatings, and ₹499 crore by Wipro Hydraulics [2].

The district is also seeing interest from companies in the FMCG, solar, and textile sectors, with proposals from over 30, 25, and 15 companies respectively. Additionally, over 20 companies have expressed interest in sugarcane-based ethanol production, chocolate manufacturing, and cold aerated beverage units [2].

These investments are expected to significantly boost the industrial landscape of Vijayapura and contribute to the state's overall economic growth. The district is set to become a hub for various industries, attracting both domestic and international investors.

References:
[1] https://www.deccanherald.com/business/karnataka-govt-approves-campa-colas-rs-1622-crore-project-in-vijayapura-3665483
[2] https://www.thehindu.com/news/national/karnataka/karnataka-receives-proposals-worth-17000-crore-for-vijayapura-district/article69894676.ece