Karnataka Industrial Areas Development Board (KIADB) has developed a new industrial area in Belagavi district in Kanagala, in Hukkeri Taluk.
Karnataka Industrial Areas Development Board (KIADB) is a statutory body, to promote rapid and orderly establishment and development of industries and for providing industrial infrastructural facilities and other amenities in industrial areas in the State of Karnataka. In view of this, KIADB had identified the land in Kanagala village and developed an industrial area with a purpose to promote an orderly development of industries in the state.
The Kanagala industrial area will have cluster of different type of industries of an areas about 343 ha thus, it can be categorized under Category ‘A’ under Activity 7 (c) (Industrial estates/parks/complexes/areas) as per MoEF&CC notification dt. 14th September 2006 which requires EC from MoEF&CC, New Delhi.
This industrial area has located at Kanagala village, Hukkeri taluk, Belagavi district, Karnataka state. Kanagala lies to the north-west of Hukkeri and south of Nipani at a distance of about 23 km and 15 km respectively. And it is 68 km from Belagavi city. The land has been acquired in 2016 by KIADB, Government of Karnataka for the purpose of developing industries in this region. The site is accessible by National Highway NH-4 (Thane – Chennai).
This industrial area is being developed as an eco-friendly green project. The proposed industries are likely to come up
in the industrial area will be Cat. “A&B” projects.
The estimated total capital cost of establishment of Kanagala industrial area is about
Rs. 300* Crore.
Currently 4 lane tar road with divider and directions boards have been installed, Water facility and other amenities are being set up.
The project is aimed to create more employment opportunities, and thereby, reduce the problem of unemployment and under-employument in the region, will promote positive impacts on the socio-economic status of the surrounding areas, will contribute to the development of tertiary sectors like trade, transport, communication, banking, insurance, etc.