Land acquisition for Tumakuru Node progressing smoothly, says Minister Patil
The State government has earmarked 1,736 acres of land in Tumakuru, which has the potential to attract investment of ₹7,000 crore and generate over 88,000 jobs in the State
The Minister of Large and Medium Industries, M.B. Patil, has reported that the land acquisition for the Tumakuru Node, an Industrial Manufacturing Hub, is progressing smoothly, with the project scheduled for completion in 2027. Speaking at the third meeting of the Apex Monitoring Authority of the National Industrial Corridor Development and Implementation Trust, chaired by Union Finance Minister Nirmala Sitharaman, Patil highlighted that the state government has allocated 1,736 acres of land in Tumakuru, which could attract an investment of ₹7,000 crore and generate over 88,000 jobs.
Currently, 30% of the project's physical progress and 20% of its financial progress have been achieved. The land earmarked for the project includes 300 acres for a Japan Industrial Township, 200 acres for MSMEs, and 151 acres for Jindal Aluminium, the anchor investor.
Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
