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Why Invest in Karnataka?

Karnataka

  • Karnataka is the largest state in South India and home to the IT revolution in India, which started from the capital Bengaluru
  • The state has attracted Foreign Direct Investment (FDI) equity inflows worth USD $35.69 bn during the period April 2000 to December 2018
  • Karnataka has 10 agro-climatic zones and 6 types of soil, making it an agricultural heaven
  • It accounts for 75% flower production, 70% coffee production, and 47% of silk production in India.

Raw Material Available


Major Players Present in the State

State Profile of Karnataka

S. No. SPV/IA Name District Name & Contact Details of Key Contact person of SPV/IA Total Land Area(In Acre) Total Leasable Area (In Acre) Leasable Area Available (In Acre) Focus Crops Sector Status
1. Integrated Food Park Ltd Tumkur
  • Name: Sanjay Malpani
    Designation: Chief Executive Officer
    Mob: 8879519690
    Email id: sanjay.malpani@futureconsumer.in

  • Name: Prashant Rathi
    Designation: Manager
    Mob:9867297584,7977580918
    Email id: prashant.Rathi@Futureconsumer.in

110 60 18.43 Maize, Rice, Groundnut, Sorghum, Sesame, Coconut, Banana, Mango, Papaya, Watermelon, Pomegranate, Guava, Sapota, Onion, Tomato, Brinjal, Cucumber, Beans, Okra, Carrot, Bitter Gourd, Ginger, Tamarind, Coriander, Paddy, Cabbage, Cauliflower, Gherkin, Grapes, Potato, Sunflower, Fenugreek Fruits & vegetables, Food grains Completed
2. Favorich Infra Pvt Ltd Mandya

Shri R.Dayananda kumar
Vice President
Mobile: 9342502191
dayananda@favorich.in

60 30 17.85 Paddy, sugarcane, banana, sapota, onion, flowers, paddy, maize, jowar, groundnut, banana, ragi, pomengrate cardamom, chilli and mango Fruits & vegetables, Food grains, Spices Under Implementation
S. No. Name of the Project Execution Agency (PEA) Lead Promoter Contact No. & Email ID Location of the Project Status
1. M/s Hiriyur Food Park Private Limited Mr. Abhay mehta
Email: aashnamehta98@gmail.com
Mob: 9986777012
Survey No. 9/1 & 64, Ganjalagunte Village, Javanagondahally Hobli, Hiriyur Taluk, Chitradurga District, Karnataka Under Implementation
2. M/s GEM Food Park LLP GEM Food Park LLP,
Email: gemfoodparkllp@gmail.com,
Mob: 8095833606, 9845261812
Survey No. 14/4 & 46/1, Belludi Village, KasabaHobli, Harihara Taluk, Distt. Davanagere, Karnataka Under Implementation
3. M/s Mathias Properties Mr. DIEGO GREGORY MATHIAS
Email: mathiasfoodpark@gmail.com,
Mob: 9880530641
Marpadi Village, Moodabidri, Mangalore Taluk, Dakshina Kannada Under Implementation
4. M/s Agro Cluster Tippanna B Palled
Email: agrobjpcluster@gmail.com
Mob: 9353304007
Survey No. 124/1, 125.2A & 125/2B, Tidagundi Village, Dist. Vijayapur, Karnataka Under Implementation
S. No. Project District Sector Milk/Storage Proccessing (Lakh Litre Per Day) Total Capacity of
Cold Storage/ CA/MA Storage/
Frozen Store (Lakh MT)
Reefer carriers & Tanker (Nos) Status
1. Atharvass Traders Pvt Ltd. Hassan, Belgam, Bangalore F&V - 0.150 10 Completed
2. Innova Agri Bio Park Ltd Kolar Irradiation - 0.000 6 Completed
3. Vijaykant Dairy & Food Products Ltd Belgaum F&V 0.50 0.000 - Completed
4. Basweshwar Industry Belgaum F&V - 0.025 2 Completed
5. Namdhari Animal Genetics Private Limited Tumkur Dairy 0.50 0.001 8 Completed
6. Dairy Classic Ice Creams Pvt Ltd Ramnagara Dairy 0.06 0.042 2 Completed
7. Srikrishna Milks Private Limited Uttar Kannada Dairy 1.20 0.006 5 Completed
8. Malpefresh Marine Exports Private Limited. Udipi Marine - 0.015 2 Completed
9. Hitech Food Process Bijapur F&V - 0.024 5 Reported completion of project
10. Ideal Icecream Dakshin Kannada Dairy 0.50 0.0003 3 Under Implementation
11. Yashaswi Fish Meal & Oil Company Dakshin Kannada Marine - 0.020 5 Reported completion of project
12. BAMUL Ramnagara Dairy 0.60 - 2 Under Implementation
13. Agro Tech Belgaum F&V - 0.010 8 Under Implementation
14. Square Meal Private Limited Bangalore Meat - 0.001 1 Under Implementation
15. Golden Hatcheries Haveri Meat - 0.004 3 Under Implementation
S. No. Name & Address WarehouseMan Name Mobile Capacity
1. CENTRAL WAREHOUSE, TUMKUR, PLOT NO. 137-139, KIADB INDUSTRIAL AREA, PHASE-II, ANTHARASANAHALLI, TUMKUR, Distt-Tumkur Central Warehousing Corporation 9663818348 23065
2. Central Warehousing Corporation, Dharwad, Central Warehouse, No. 129, KIADB Belur, Darwad, Distt-Dharwad Central Warehousing Corporation 9663818348 20350
3. Central Warehousing Corporation, Nargund, Central Warehouse, APMC Yard, Nargund, Distt-Gadag Central Warehousing Corporation 9663818348 8158
4. CENTRAL WAREHOUSE, DAVANAGERE, P.B. ROAD, DAVANAGERE, Distt-Davanagere Central Warehousing Corporation 9663818348 19838
5. CENTRAL WAREHOUSE, SHIKARIPUR, APMC Yard, SS Road, Shikaripura, Distt-Shimoga Central Warehousing Corporation 9663818348 10500
6. CENTRAL WAREHOUSE, GULBARGA-II, HIRAPUR POST / VILLAGE, GULBARGA, Distt-Gulbarga Central Warehousing Corporation 9663818348 35000
7. CENTRAL WAREHOUSE, BANGALORE-I, APMC YARD, YESHWANTHPUR, Distt-Bangalore Central Warehousing Corporation 9663818348 25535
8. Central Warehouse, Hubli, Central Warehouse, Hubli, Hebbali Road, Srinagar Cross, Near KOF, Hubli, Distt-Dharwad Central Warehousing Corporation 9663818348 9311
9. Navjyoti Commodity Management Services Ltd, Survey no- 306/2, Doddasiddavvanahally- village, Kasaba-Hobli, Chitradurga-Taluk, Chitradurga-Dist, Pin-577538. , Distt-Chitradurga Navjyoti Commodity Management Services Limited 9100089090 10637
10. Anagha Ware House, Plot No. 61 (P2), Nandur-Kesaratgi Industrial Area, Distt-Gulbarga Gurusiddayya Hiremath 9972112119 2262
11. Shivaratna Cold Storage, R.S.No: 870/2, Shivaratna Welfare Township, Ward No.2.,P.B. Road, Betageri, Gadag, Distt-Gadag Shivappa Mulgund 9448133320 6693
12. VIJAY WAREHOUSE, PLOT NO:163, 164&165, NANDUR-KESARATAGI INDUSTRIAL AREA, Distt-Gulbarga DUSHYANT MALGE 9448119099 1000
13. NAVJYOTI COMMODITY MANAGEMENT SERVICES LIMITED, RS 30/6,30/7 Village Kodihalli, Tehsil & Dist-Davangere, Davanagere, Karnataka Pin 577566, Distt-Davanagere Navjyoti Commodity Management Services Limited 9100089090 15146
14. Trishul Enterprises, Sy no-138A/2 opp KIADB @ stage, Distt-Bellary Ramesh Bellary 8792027294 6500
15. SRI RAGHAVENDRA SWAMY WARE HOUSE, SURVEY NO 66/2B, 66/3 & 66/3 BABBUR VILLAGE, HIRIYUR TALUK, Distt-Chitradurga SMT K H 9686033551 30000
16. Central Warehousing Corporation, Bidar, Central Warehouse, Bidar, Plot No. 11A & B Kolhar Industrial Area, Distt-Bidar Central Warehousing Corporation 9663818348 20000
17. Central Warehouse, Soundatti, APMC Yard, Soundatti, Distt-Belgaum Central Warehousing Corporation 9663818348 9000
18. CENTRAL WAREHOUSE, MANNAGUDDA, MANGALORE-I, WAREHOUSE ROAD, MANNAGUUDA, Distt-Dakshina Kannada Central Warehousing Corporation 9663818348 13390
19. Central Warehousing Corporation, Gadag - II, Central Warehouse, Gadag Unit -2, Plot No. 132p to 142p, KIADB Industrial Area, Narasapur Industrial Area, Distt-Gadag Central Warehousing Corporation 9663818348 10000
20. Central Warehousing Corporation, Sedam, Central Warehouse, Sedam, Chincholi Road, Distt-Gulbarga Central Warehousing Corporation 9663818348 3000
21. Central Warehousing Corporation, Gulbarga - I, Central Warehouse, Gulbarga Unit-I, Nehru Gunj, Humnabad Road, Distt-Gulbarga Central Warehousing Corporation 9663818348 9780
22. CENTRAL WAREHOUSE, BELGAUM, APMC YARD, NEHRU NAGAR POST, Distt-Belgaum Central Warehousing Corporation 9663818348 14450
23. Central Warehousing Corporation, Gadag - I, Central Warehouse, Gadag Unit -I, Sambhapur Road, Distt-Gadag Central Warehousing Corporation 9663818348 23500
24. DHORAJIWALA WAREHOUSE, 180 P1 SHAHABAD ROAD, NANDOOR K SARADGI GULBARGA, Distt-Gulbarga RIZWAN DHORAJIWALA 9448378691 1000
25. National Collateral Management Services Ltd. Own Warehouse, Survey No. 25/P3, Distt-Davanagere National Collateral Management Services Limited 2222222303 13500
26. G. Mangathayaru Godown, Shankarnaar Camp Village TQ Maski, Distt-Raichur Triresolve Collateral Management and Warehousing Private Limited 9740718449 2387
27. Laxmi Agro Seeds & Services, SY. NO. 59/1, Site No. 1685, Moka Main Road, Sirwar Village, Distt-Bellary Triresolve Collateral Management and Warehousing Private Limited 9740718449 5000
28. Shri Shailappa Sajjan Godown, TQ Maski, Distt-Raichur Triresolve Collateral Management and Warehousing Private Limited 9740718449 1500
S. No. District Revised ODOP
1. Bagalkote Onion
2. Belagavi Jaggery
3. Bellary Fig
4. Bengaluru Rural Poultry Products
5. Bengaluru Urban Bakery Products
6. Bidar Ginger
7. Chamarajanagar Turmeric
8. Chikkaballapura Tomato
9. Chikkamagalur Spices
10. Chitradurga Groundnut Product
11. Dakshina Kannada Marine Products
12. Davanagere Millets
13. Dharwad Mango
14. Gadag Byadagi Chillies
15. Hassan Coconut Products
16. Haveri Mango
17. Kalaburgi Red Gram
18. Kodagu Coffee
19. Kolar Tomato
20. Koppal Guava
21. Mandya Jaggery
22. Mysore Banana
23. Raichur Chillies
24. Ramanagara Coconut Products
25. Shivamogga Pineapple
26. Tumkuru Coconut Products
27. Udupi Marine Products
28. Uttara Kannada Spices
29. Vijayapura Lime/ Lemon
30. Yadagiri Groundnut Product

State Policy & Fiscal Incentives

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Policy & Incentives Description
Name of Policy
  • Operative Guidelines On Package Of Incentives And Concessions Under Karnataka Agribusiness & Food Processing Policy (2015)

Nodal Agency
  • Karnataka Agricultural Produce Processing and Export Corporation limited KAPPEC) shall be the State Nodal Agency for Food Processing

Single Window Clearance System
Power/Electricity Subsidy

    Exemption from tax on Electricity tariff

  • The 100% exemption of tax on electricity tariff for the initial period of 8 years irrespective of zonal classification.

Capital Subsidy

    Exemption from tax on Electricity tariff

  • Investment promotion subsidy @ 35% of the value of fixed assets (VFA) irrespective of zonal and promoter classification up to a maximum of Rs.65 Lakhs for MSME.

Interest Subsidy
  • Interest subsidy of 6% per annum on term loans will be provided to Micro enterprises irrespective of promoter classification. This interest subsidy is payable to financial institutions on behalf of the enterprise only if the enterprise has not defaulted in payment of either principle or interest instalments.

  • The amount of interest subsidy will be effective rate of interest (after deducting interest subsidy receivable by any institution/s under any Government of India scheme) is 6% per annum whichever is less irrespective of promoter classification. The period of interest subsidy is for 7 years irrespective of zonal classification.

VAT/CST/SGST/TAX Exemption/Reimbursement
  • Exemption from Stamp Duty for MSME, Category A, B & C enterprises

  • Concessional Registration Charges for MSME, Category A, B & C enterprises. For all loan documents, lease deeds and sale deeds, the registration charges shall be at a concessional rate @ Rs.0.50 per Rs.1000 irrespective of promoter classification for MSME, Category ‘A’, ‘B’ & ‘C’ enterprises

  • 100% Reimbursement of land conversion fee for MSME, Category A, B & C enterprises

  • 100% exemption from entry tax for 3 years on plant and machinery and capital goods and 6 years for raw materials, inputs and component parts and consumables excluding petroleum products from the date of commencement of project implementation and from the date of commencement of commercial production respectively irrespective of zonal classification.

  • Reimbursement of VAT to MSME & Category A, B & C Enterprises.

  • 75% of net VAT will be reimbursed for a period of 5 years subject to a maximum of 100% of the Value of Fixed Assets irrespective of promoter & zonal classification to be claimed on yearly basis. For Category ‘A’, ‘B’ & ‘C’ enterprises net VAT reimbursement will be to an extent of 60%, 70% & 80% respectively for a period of 5 years subject to a maximum of 100% of the Value of Fixed Assets irrespective of promoter & zonal classification to be claimed on yearly basis.
  • New Agricultural Produce Processing Industries are exempted from payment of market fee for a period of ten years in respect of purchases of agricultural produce by such industries

Employment Generation
  • Not Applicable

Freight/Transport Subsidy
  • Not Applicable

Others

    Market Fee Exemption

  • New Agricultural Produce Processing Industries are exempted from payment of market fee for a period of ten years in respect of purchases of agricultural produce by such industries(ETP).

  • Subsidy for setting up Effluent Treatment Plant(ETP)

  • One time capital subsidy to an extent of 75% of the cost subject to a maximum of Rs.50 Lakhs for MSMEs in respect of ETPs costing less than Rs.1 crore.

  • Further, one time capital subsidy to an extent of 50% of the cost of ETPs subject to a ceiling of Rs.100 Lakhs for Category ‘A’, ‘B’ & ‘C’ enterprises irrespective of zonal classification.

  • One time capital subsidy to an extent of 50% of the cost of ETPs subject to a ceiling of Rs.200 Lakhs for setting up of Effluent Treatment Plants (ETPs) as a common facility in Food Parks, Spice Parks, Sea Food Parks or a place where the cluster of food processing & agribusiness enterprises are located irrespective of promoter and zonal classification.

  • Subsidy for technology adoption from Recognized National Labs

  • 50% of the cost (max Rs.1 Lakh) for MSME irrespective of promoter classification

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