Karnataka Industries Minister Patil announces 12 new investment zones in state
Bengaluru, Feb 11 (PTI): Karnataka Large and Medium Industries Minister M B Patil on Tuesday announced establishing 12 new investment zones across 30,000 acres in the state, alongside over 200 existing industrial areas.
Speaking at the inaugural event of Invest Karnataka-2025 summit here, he said these zones will be equipped with world-class infrastructure with Rs 3,800 crore allocated for providing clean water to industrial areas.
He said the government’s policy is focused on reducing production costs while improving efficiency. To achieve this, a ‘cluster-based policy’ has been adopted, which involves setting up clusters for aerospace and defence, electric vehicle manufacturing, pharmaceutical, deep-tech, and drone parks across the state.
The minister said the Karnataka Industrial Areas Development Board (KIADB) has already developed more than 85,000 acres of industrial land, which is home to 25,000 industries.
"With fierce competition from China and global uncertainties, the state is determined to redefine its industrial landscape. Through digital transformation, eco-friendly initiatives, and a focus on competitiveness, Karnataka is set to become a global manufacturing and innovation hub," Patil remarked.
Technological adoption, investment attraction, and the establishment of competitive industries are seen as key drivers for future economic growth, the minister said.
The government is also implementing digital transformation within the industrial sector. Special attention is being given to eco-friendly initiatives and reducing emissions, he added.
The government is also focusing on supporting small and medium industries, which employ 55 lakh people across eight lakh medium, small and micro units, to drive economic growth and job creation, he added.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
RCB beat MI by 18 runs after batters fire
Mumbai (PTI): Royal Challengers Bengaluru skipper Rajat Patidar, Phil Salt and Virat Kohli blasted half-centuries as the defending champions beat Mumbai Indians by 18 runs in an Indian Premier League match here on Sunday.
Salt (78 off 36 balls) and Kohli (50 off 38 balls) stitched together a 120-run stand for the opening wicket before Patidar scored a rapid 53 off just 20 balls as RCB posted 240 for 4.
In response, Mumbai Indians were restricted to 222 for 5, with RCB spinner Suyash Sharma (2/47) putting the skids on the home side with a double strike in the eighth over, from which they could not recover.
Sherfane Rutherford top-scored for MI with an unbeaten 71 off 31 balls.
While opener Rohit Sharma appeared to be struggling with a hamstring issue and had to retire hurt on 19, his partner Ryan Rickelton made 37, while Suryakumar Yadav (33) and Hardik Pandya (40) were the other contributors for MI.
Brief scores:
Royal Challengers Bengaluru 240 for 4 in 20 overs (Phil Salt 78, Virat Kohli 50, Rajat Patidar 53, Tim David 35 not out).
Mumbai Indians: 222 for 5 in 20 overs (Sherfane Rutherford 71 not out, Ryan Rickelton 37, Hardik Pandya 40; Suyash Sharma 2/47).
