Advertisement
During an official visit to Japan, a Karnataka government delegation secured fresh investment commitments from Japanese companies. Air Water will set up its second unit near Bengaluru after its Vijayanagar facility and is exploring biogas production using cow dung and iron pulp. Shinko Nameplate announced a unit near Bengaluru with an investment of INR 100 crore for decorative vehicle parts. Toyota Group's Cataler will expand its Bidadi operations with an additional INR 140 crore by 2030. Saginomiya expressed interest in establishing a unit in the state. The delegation also met Japanese firm Konoike for joint venture opportunities and visited the Osaka World Expo 2025 pavilions to study collaboration prospects.
Karnataka's Industries Minister M. B. Patil said that Japanese multinational Air Water will set up its second unit near Bengaluru. The company already operates its first unit in Vijayanagar. Along with this, it has shown interest in starting a biogas production facility in Karnataka, which would use cow dung and iron pulp as raw materials. According to Patil, the unit will help meet local demand for biogas. Advertisement
The minister is currently in Japan with a high-level delegation from the state. In discussions with industrial services and engineering company Konoike, the team explored growth opportunities through joint ventures. Konoike conveyed that it is looking for local partners to develop industrial solutions, and the minister assured that the state government will provide support to identify suitable partners.
As part of the visit, the delegation also attended the Osaka World Expo 2025 and visited the Health, America, and Japan pavilions to understand areas where collaborations could be developed.
Several other investment announcements were also made. Shinko Nameplate confirmed that it will set up a new unit near Bengaluru with an investment of INR 100 crore to manufacture decorative plastic components used in automobiles. Cataler, part of the Toyota Group, stated that it will expand its manufacturing activities in Bidadi by 2030 with an additional investment of INR 140 crore. Another Japanese company, Saginomiya, which specializes in advanced automatic control equipment, has expressed its interest in starting a new unit in Karnataka.
The delegation includes senior officials from the Industries Department, including Principal Secretary S. Selvakumar and Commissioner Gunjan Krishna.
Source PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
