JSW, Baldota, Tata, Mahindra among top investors at Invest Karnataka 2025

Among the biggest announcements, JSW Neo Energy Ltd pledged Rs 56,000 crore for star and upwind vigor projects, artillery storage, leaf manufacturing, and a upwind turbine generator plant, making it the highest concern among the apical 20. Steel magnate Sajjan Jindal announced that the Jindal Group volition put implicit Rs 1 lakh crore successful Karnataka successful the coming years. Of this, Rs 45,000 crore volition spell into alloy production, portion Rs 56,000 crore volition beryllium channelled into hospitality, star energy, greenish hydrogen and different eco-friendly ventures, helium said.

Baldota Steel & Power Ltd followed with an concern of Rs 54,000 crore for an integrated alloy plant, portion Tata Power Renewable Energy Ltd and ReNew Pvt Ltd committed Rs 50,000 crore each for renewable vigor projects. Other large investments successful the assemblage included Rs 43,975 crore from Serentica Renewables India Pvt Ltd and Rs 35,000 crore from Mahindra Susten Pvt Ltd.

Anand Mahindra, president of the Mahindra Group said the concern “will beryllium allocated to renewable energy, with plans to make implicit 5 gigawatts of star and hybrid projects. This inaugural is expected to make 6,000 to 8,000 caller jobs, making Karnataka a cardinal hub for cleanable vigor solutions.”

The institution besides plans to grow its Mahindra Holidays segment, with further investments of Rs 1,000 crore successful caller resorts crossed locations similar Gokarna and Hampi. The radical is presently successful talks with the authorities authorities regarding onshore aggregation and has requested manufacture presumption for tourism and single-window clearance to facilitate faster approvals.

Mahindra Defence Services and Mahindra Aerospace are exploring strategical enlargement opportunities successful Karnataka, with respective 100 crores earmarked for investment.

Other investments successful tech, infra, mobility

Hero Future Energies announced Rs 22,200 crore for renewable vigor and greenish hydrogen projects, portion Suzlon Energy Ltd committed Rs 21,950 crore for upwind powerfulness initiatives.

Semiconductor manufacturing saw a boost with Lam Research signing a Memorandum of Understanding (MoU) with the Karnataka Industrial Areas Development Board (KIADB) for an concern of Rs 10,000 crore. TVS Motor Company pledged Rs 2,000 crore for a cutting-edge R&D facility, aiming to make smarter and greener vehicles, portion Honda committed Rs 600 crore for electrical conveyance manufacturing, bolstering Karnataka’s imaginativeness of becoming a centre for sustainable mobility solutions.

Beyond renewable vigor and concern manufacturing, respective planetary corporations announced important R&D and infrastructure investments. Schneider Electric volition put Rs 2,247 crore successful manufacturing and related R&D activities, Hitachi Energy has committed Rs 1,000 crore, and Bosch has pledged Rs 450 crore. Havells is expanding its manufacturing footprint successful Tumkur with a Rs 710 crore investment, portion UltraTech Cement and Dalmia Cement person announced Rs 4,500 crore and Rs 3,000 crore investments, respectively, successful cement production.

The acme besides powerfully emphasised Karnataka’s cognition economy, with the KWIN City inaugural drafting involvement from 9 universities, including St John’s University of New York, which plans to found a field successful the state. ESR Advisers is acceptable to make concern parks and information centres with a Rs 2,500 crore investment, portion Sotefin Bharat volition present afloat automated robotic multilevel car and autobus parking systems with an concern of Rs 8,500 crore.

CM launches Single Window System

Chief Minister Siddaramaiah connected Tuesday launched Karnataka’s revamped Single Window System to amended easiness of doing concern successful the state. He said the caller strategy volition simplify approvals, trim compliance burdens, and fast-track concern investments portion ensuring transparency and efficiency. The strategy integrates implicit 150 concern services crossed 30 authorities departments.

It volition supply real-time presumption updates, allowing investors to way approvals, amendments, and renewals without delays. “The inaugural is peculiarly beneficial for the manufacturing assemblage arsenic it introduces an Affidavit-Based Clearance (ABC) mechanics done Karnataka Udyog Mitra. This volition alteration investors to statesman operation and preparatory activities without waiting for aggregate approvals,” Siddaramaiah added.

“The revamped Single Window System is integrated with the National Single Window System, allowing investors to entree central-level services seamlessly. It besides incorporates respective KIADB services, specified arsenic onshore search, selection, allotment, and gathering program approvals. These services are present disposable done a azygous portal,” the main curate stated, adding that with this “Karnataka aims to further fortify its presumption arsenic 1 of India’s apical concern destinations.”

A GIS-based Industrial Information System has besides been introduced. It volition assistance investors cheque compliance with site-related regulations earlier proceeding with their projects. A wizard-based find instrumentality volition assistance investors successful identifying the required authorities and cardinal approvals, no-objection certificates (NOCs), and clearances astatine antithetic stages of the project. Further, an Incentive Wizard & Calculator allows investors to cheque their eligibility for assorted incentives, concessions, and rebates.

An AI-powered multi-lingual chatbot volition supply instant responses to capitalist queries connected policies, incentives, approvals, and compliance requirements. Chief curate said this determination is aimed astatine enhancing capitalist convenience. The strategy besides focuses connected improving the wide capitalist experience. It simplifies forms, eliminates duplicate information, and integrates with implicit 40 different systems. It besides provides real-time presumption visibility with event-based alerts and triggers.

To guarantee easiness successful inducement claims and disbursement, the strategy enables investors to use for and way their claims online. This volition trim paperwork and amended transparency. A dashboard-based strategy allows authorities stakeholders to show exertion presumption and instrumentality threshold-based escalations for timely work delivery, Siddaramaiah explained.

The strategy is disposable successful aggregate languages and is designed to beryllium mobile-friendly. It besides includes an online grievance redressal mechanics for speedy resolutions.