Toyota Kirloskar to Invest ₹1,200 Crore in World’s First ‘BizIntel Hub’ in Bengaluru’s KWIN City
मुख्य बातें
- •Toyota Kirloskar Motor to invest ₹1,200 crore in Bengaluru’s KWIN City to set up the world’s first ‘BizIntel Hub’.
- •The project will span 300 acres and include vehicle manufacturing, testing, and an advanced automobile facility.
- •The MoU was signed on May 25, 2026, in the presence of Chief Minister Siddaramaiah and Industries Minister M.B. Patil.
- •KWIN City is being developed across 5,800 acres in phases, with the first phase already in progress.
- •The project is expected to attract ₹48,000 crore in additional investments and create nearly one lakh jobs.
- •Seven to eight global universities, healthcare, and research institutions have shown interest in investing in KWIN City.
- •Key officials from Toyota Kirloskar, KIADB, and the state government attended the signing ceremony.
In a landmark move for Karnataka’s industrial growth, the state government and Toyota Kirloskar Motor have signed a ₹1,200-crore agreement to establish the world’s first ‘BizIntel Hub’ at KWIN City in Bengaluru. The Memorandum of Understanding (MoU) was signed on Monday, May 25, marking the first major investment to materialise in KWIN City, a futuristic industrial township being developed between Dobbspet and Doddaballapur. The agreement was inked by Principal Secretary of the Industries Department, S. Selvakumar, and Toyota’s Chief Operating Officer and Director of Special Projects, Sudeep Dalvi, in the presence of Chief Minister Siddaramaiah and Large and Medium Industries Minister M.B. Patil.
