Japan's Marubeni Eyes High-Tech Industrial Park in Karnataka

20 Jul 2023 CW Team

Japan's Marubeni Corporation has shown keen interest in establishing a cutting-edge industrial park, spreading over 720 acres near Vemagal in the Kolar district of Karnataka, as revealed by M B Patil, the State's Large and Medium Industries Minister. The estimated initial investment for this ambitious project stands at Rs 28 billion.

A delegation from the company recently met with Minister Patil to hold discussions regarding the venture. Patil expressed the government's enthusiasm to push the project forward and stated that important decisions would be made after a high-level meeting.

The company representatives, during their presentation, emphasised the projected initial investment of Rs 28 billion, which they believed would attract an additional Rs 80 billion in the form of foreign direct investment (FDI). This influx of funds would raise the total investment to over Rs 100 billion and contribute to the creation of 40,000 job opportunities. The delegation also asserted that the project would contribute two billion US dollars to the economy of Karnataka.

Moreover, the Japanese Ministry of Economy, Trade, and Industry has already approved the project's feasibility report, further supporting its viability.

Marubeni Corporation, headquartered in Tokyo, has an impressive track record of developing high-tech industrial parks in countries like China, Thailand, and the Philippines. They have ongoing projects in Indonesia, Myanmar, Vietnam, and other nations as well. The company's expertise lies in catering to the demands of social infrastructure, health, wellness, and implementing digital and innovation strategies. Their focus extends to smart city development and decarbonisation in various sectors.

Infrastructure Urban

27 Oct 2025

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..