No free land, but Karnataka offers up to 50% land subsidy to aerospace, defence investors

Bengaluru: Karnataka has rolled out an incentive-heavy package to attract fresh investments in the aerospace and defence sector, offering investors subsidies on land, capital expenditure and production, along with stamp-duty exemptions, land-conversion fee reimbursement and, for smaller enterprises, a complete exemption from electricity tariff tax for several years. However, the new Karnataka Aerospace & Defence Policy…

40 acres of government land given free for space, electronics park in Hoskote

Bengaluru: Karnataka government has allotted 40 acres of government land in Hoskote taluk of Bengaluru Rural district to the Department of Electronics, Information Technology, Biotechnology and Science & Technology for the development of a proposed space, electronics and related industrial park.’ The order was issued by the Revenue department, represented by Deputy Chief Minister G Parameshwara. The…

Karnataka Bill proposes deemed approvals, fewer inspections for industries

Bengaluru: The Karnataka government has proposed a major overhaul of the state’s industrial clearance mechanism, with a Bill seeking to provide affidavit-based clearances to industries, introduce deemed approvals if applications are not processed within prescribed timelines and reduce physical inspections during the validity of such clearances. The Karnataka Industries (Facilitation) (Amendment) Bill, 2026, introduced to…

German-based firm launches new manufacturing unit in Kolar

Plant Built in Record 18 Months, Spread Over 16,000 Sq. Metres Facility to Manufacture Bottling Equipment for Indian Market Vemagal (Kolara district): Large and Medium Industries Minister M.B. Patil on Wednesday inaugurated a new manufacturing facility for bottling machinery established by Germany-based KRONES, a global leader in beverage and liquid-food processing and packaging technology, at…

Karnataka Govt Orders SIT Under IPS Officer Vamshikrishna to Probe Bengaluru Drugs Racket Case

Bengaluru, August 20, 2026 — The Karnataka government has constituted a six-member Special Investigation Team (SIT) to probe a criminal case registered at Tavarekere Police Station in Bengaluru South District, along with related cases that may be filed at other police stations across the state. The case — Crime No. 266/2026 — was registered under Sections…