News Brief
Karnataka Government Notifies Industrial Areas In Thandya And Hebbal As Special Investment Regions
A Petro-Chemical Industry in Karnataka
The Karnataka government's decision to notify Thandya Industrial Area near Nanjangud and Hebbal Industrial Area in Mysuru as special investment regions has been welcomed by the industry, reported The Hindu.
Expressing satisfaction over the announcement, Karnataka Small scale Industries Association (KASSIA) president M G Rajagopal stated on Tuesday (18 February) that the decision will facilitate infrastructure development in these industrial zones.
Investment Regions and Their Coverage
The Hebbal Special Investment Region comprises Hebbal, Hootagalli, Belawadi, Belagola, Koorgalli, and Hebbal 2nd Phase, along with parts of Mysore and Srirangapatna taluks.
Meanwhile, the Thandya Investment Region covers Adakanahalli, Kochanahalli, Kadakola, Immavu, and Thandya 2nd Phase, among other areas. Notably, the proposed Film City project is also part of the Thandya region.
Support for Karnataka’s New Industrial Policy (2025-30)
KASSIA has also extended its support to the newly unveiled Karnataka Industrial Policy 2025-30, which presents a progressive roadmap for industrial growth and employment generation in the state.
Rajagopal said that KASSIA had sought the inclusion of certain elements in the new Industrial Policy, including the discriminatory sectoral classification in the Industrial Policy 2020-25, which was only partially considered, and more elements could have been added to support the growth of the SME sector.
Call for Incentives to Small-Scale Industries
Rajagopal noted that investment incentive subsidies have been announced only for micro and small industries in Bangalore’s rural district.
KASSIA has urged the government to extend subsidies on industrial-ready sites required in all sectors for micro and small-scale industries that support large and medium-scale industries, as well as stamp duty exemption, concession in registration fee, land conversion fee exemption, electricity subsidy, etc.
