Bengaluru: Vijayapura, the home town of Minister of Large and Medium Scale Industries M.B. Patil, drew a major investment in renewable energy and agro-processing sectors at the ongoing Invest Karnataka-2025, a global investors’ meet in Bengaluru on Wednesday.
Disclosing the investment drawn by Vijayapura, M.B. Patil said Suzlon announced its collaboration with the Government of Karnataka to develop 3000 mw of wind energy and establish a state-of-art Wind Turbine Blade Manufacturing facility in Vijayapura.
Patil said “This strategic initiative will bolster India’s standing as a global wind energy hub while contributing to energy independence and environmental sustainability.”
Apart from investing in wind energy, Patil said Suzlon will recruit 90 percent of its work force from ITI passed youths and work closely with Karnataka’s technical institutes to create skill development programmes.
In another investment drawn to the north Karnataka region at the investors meet, the Minister said a state-of-the-art Multi Pulse Processing Plant by Wings-Viterra will come up either in Vijayapura or Kalaburagi, both the districts known for pulse production in the State. The Pulse Processing Plant will process Pigeon Peas, Chickpeas, Black Matpe and Mungbeans and the pulse processing facility will be the largest pulse processing facility at a single location in South India.
The proposed pulse processing plant, he said, will be set-up at a cost of Rs 250 crore and the plant is projected to achieve an annual turnover of Rs 800 crore from its second year of operations.
Patil termed the pulse processing plant in north Karnataka “will serve as a catalyst for local employment, women’s empowerment and rural economic development” besides helping farmers sell their produce directly to the pulse processing facility and earn higher revenue for their produce.
Not only does it help rural economic growth, the Minister said the pulse processing facility will be an incentive to farmers to go for more pulse cultivation and in this way, the country will reduce its pulse imports.
