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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Toyota Kirloskar to invest ₹1,200 crore in Karnataka’s KW...
2026-05-25 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Toyota Kirloskar Motor will invest ₹1,200 crore to establish its global BizIntel Hub in Karnataka’s KWIN City, Chief Minister Siddaramaiah announced on Monday. The proposed facility, described as the first of its kind globally, will focus on vehicle manufacturing, testing and advanced automotive production infrastructure.

Toyota Kirloskar Motor will invest ₹1,200 crore to establish its global BizIntel Hub in Karnataka’s KWIN City, Chief Minister Siddaramaiah announced on Monday. The proposed facility, described as the first of its kind globally, will focus on vehicle manufacturing, testing and advanced automotive production infrastructure. | Photo Credit: ANUSHREE FADNAVIS

Toyota Kirloskar Motor is set to invest ₹1,200 crore to establish its global BizIntel Hub in Karnataka’s KWIN City, CM Siddaramaiah announced on Monday.

Speaking on the occasion, Siddaramaiah assured the company of the government’s full support for the investment. He said he was pleased to learn that the proposed facility would be the first of its kind in the world.

First major investment announced in KWIN City

Industries Minister M. B. Patil said this is the first investment to be announced in KWIN City.

The company will invest ₹1,200 crore in initial capital expenditure over five years, creating around 200 jobs. Toyota will be allotted 300 acres of land for the project.

The facility will undertake vehicle manufacturing, testing, and the development of advanced automotive production infrastructure.

KWIN City project aims to attract ₹48,000 crore

Patil said seven to eight globally renowned universities, healthcare institutions, and research organisations have already expressed interest in investing in KWIN City.

The city will be developed in phases across 5,800 acres, with the first phase already underway. The project is expected to attract investments of ₹48,000 crore and generate around one lakh jobs, he added.

At an event held on Monday at Vidhana Soudha’s Kaveri residence, S. Selvakumar and Sudip Dalvi signed the agreement in the presence of Siddaramaiah and Patil.

Published on May 25, 2026