December 03, 2008

Foundry park proposed near Bangalore in Karnataka

BS reported that Karnakata Foundries Association plans to set up a foundry park in Dobbespet near Bangalore at an investment of around INR 250 crore and has submitted a proposal to the Karnataka government regarding the purpose.

As per proposal, the park will come up about 50 kilometer from Bangalore and will be spread over 100 acres of land. As per report, about 55 acres had been sought for the park in the initial phase and the state government is in the process of identifying the required land.

The foundry park will have the necessary environment to house different foundries as well as allied units and will accommodate the modernization and expansion plans of a number of foundries across Karnataka.