Mysuru to get Rs 4400 crore investment, says K J George

Mysuru: After taking over the industries portfolio, minister for large and medium scale industries Mr K.J. George is on a spree of visits and on Tuesday visited industrial corridors in Mysuru and held meetings with elected representatives, stakeholders and officers. He said ten major companies would be investing as much as Rs 4,430.60 crores to create employment opportunities for 35,000 people in Mysuru. He also  announced plans to hold a ‘Tech summit' in November to attract investors from across the world. 

Speaking to mediapersons, the minister said that the upcoming industries include those of Asian Paints (Rs 2,500 crores), Carlsberg (Rs 130 crores), Pepsi Cola (Rs 150 crores), Cheera Breweries (Rs 100 crores), Kenwood (Rs 500 crores), Container Corporation of India (Rs 200 crores), Parle Industries (Rs 600 crores), Rucha Engineering  (Rs 137.85 crores), Mindas Sai (Rs 16 crores), and Metal Man Auto  Private Limited (Rs 96.75 crores).  

He added, “Already 250 acres of land in Himmavu, 60 acres in Kallalli and 400 acres in Thandya second phase are available for allotment. Also there is a proposal to set up industrial areas in Kochanahalli (189 acres), Adakanahalli (63 acres), Thandya (70 acres) and Kallahalli (30 acres) in Nanjangud taluk in Mysuru district. The process for acquisition of  250 acres of land in Kochanahalli, 500 acres in Sinduvally, 63 acres in Adahanahalli, 70 acres in Thandya, 30 acres in Kallahalli is underway.”

On the expansion of Mysuru aiport which has been one of the major hurdle in attracting investors, he said that as the National Highway 212 (Mysuru-Nanjangud Road) comes in the way of the proposed  extended runway,  a tunnel (underpass)  has been proposed below the runway. The Bureau of Civil Aviation Security has given security clearance for this. 

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