Pre Project Stage Other Manufacturing Private Sector

Rs.1350 Million New Elevator Mfg. Unit in Karnataka

Investment
From 1000 Million to 4999 Million
Stage
Pre Project Stage
Location
Bengaluru, Karnataka
Last updated
05 Aug 2024

Project summary

A new elevator manufacturing unit is planned in Karnataka, covering 12 acres with an investment of Rs. 1,350 million. The project aims to enhance manufacturing capabilities and meet rising demand for advanced vertical transportation solutions. As of July 2024, a Memorandum of Understanding (MoU) has been signed with the state government, promising job creation and local economic growth.

Project details

SegmentOther Manufacturing
IndustryManufacturing
Products & capacityElevator
DistrictBengaluru
StateKarnataka
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated05 Aug 2024
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