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MYSURU: Notwithstanding the beating that the economy has taken on account of the pandemic-induced crisis, investment continues to pour into Mysuru district.
According to sources at the Mysuru District Industries’ Centre, proposals from seven companies to either set up a new plant or expand existing ones have been approved, igniting hope among stakeholders in Mysuru, and bearing promise of generating employment for thousands.
The authorities at the centre said that among the investment proposals approved include those submitted by Rucha Engineering Industries, an ancillary unit of TVS that is seeking to invest Rs 138 crore in Mysuru, and generate employment for nearly 300 citizens.