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AP Govt sanctions ₹1,448 cr of Krishnapatnam Industrial Node

Cabinet accords financial sanction to HNSS project works

Cabinet accords financial sanction to HNSS project works Updated: Updated: Nod for Industrial Electronics Policy; disbursement under Rythu Bharosa on May 13 Share Article Nod for Industrial Electronics Policy; disbursement under Rythu Bharosa on May 13 The State Cabinet, presided over by Chief Minister Y.S. Jagan Mohan Reddy, has given its nod to the A.P. Industrial Electronics Policy and financial sanction to the Handri Neeva Sujala Sravanthi Project phases 1 and 2, and administrative and financial sanctions to create infrastructure at the Krishnapatnam Port as a part of the Chennai-Bengaluru Industrial Corridor. Minister for Information and Public Relations Perni Venkataramaiah told the media at Velagapudi on Tuesday that the Cabinet also approved the decision to credit ₹4,050 crore directly into the bank accounts of the farmers under the YSR Rythu Bharosa - PM Kisan on May 13.

India s first machine tool park ready for investors in Karnataka

India’s first machine tool park ready for investors India’s first machine tool park ready for investors in Karnataka Both state and central govts have set up a special purpose vehicle named Tumakuru Machine Tool Park (TMTP) to develop the new industrial cluster Feb 28 2021, 21:52 ist updated: Mar 01 2021, 06:59 ist Karnataka, which is home to India’s first Aerospace SEZ, electronics city and several IT parks, is now ready with India’s first integrated machine tool park. The park, spread over 530 acres at Vasanthnarasapura, about 90 kms from Bengaluru, is developed under the scheme of Enhancement of Competitiveness in Indian Capital Goods Sector (ECICGS), jointly by the state government and the Department of Heavy Industries, Government of India.

Our Aim Is To See Karnataka As Number One In Industrial Development Before We Complete Our Term: Industries Minister Jagadish Shettar

Our Aim Is To See Karnataka As Number One In Industrial Development Before We Complete Our Term: Industries Minister Jagadish Shettar by Harsha Bhat - Jan 8, 2021 07:43 AM Jagadish Shettar Snapshot The government is gearing to facilitate ease of doing business in Karnataka, says the state’s Minister for Large and Medium Scale Industries, Jagadish Shettar. This new wave of industrialisation will be a game-changer for the region and the state, he says. Karnataka’s plans to revamp its industrial landscape may have seen a slowdown as the Covid-19 pandemic struck but it is steadily on the path to recovery. Recently, the central government announced the establishment of three major industrial corridors, of which one comes to Karnataka’s kitty with Rs 1,701.81 crore sanctioned for Tumakuru.

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