Tumakuru node land acquisition on track for 2027 completion

Karnataka Minister M.B. Patil said on Monday that land acquisition for the Tumakuru Node of the Bengaluru-Chennai Industrial Corridor is progressing smoothly, with the project scheduled for completion in 2027. He was speaking virtually 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.

The state has earmarked 1,736 acres in Tumakuru, which could attract Rs 7,000 crore in investment and generate over 88,000 jobs. The node has achieved 30% physical progress and 20% financial progress. Jindal Aluminium is the anchor investor, allotted 151 acres. Japan Industrial Township gets 300 acres and MSMEs 200 acres. The node will focus on food, textiles, electronics, chemicals, general engineering, and logistics.

The Centre is developing 11 industrial corridors and 20 smart cities across 13 states. The Bengaluru-Chennai, Bengaluru-Hyderabad, and Bengaluru-Mumbai corridors are part of this. The overall project costs Rs 50,759 crore, with potential investment of Rs 5.35 lakh crore and 14 lakh jobs. Union Minister Piyush Goyal and state ministers attended the meeting.