
Pulse of the Public
Photo: The Economic Times
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Luxembourg-based Innovation Platform Capital (iPC) has proposed a massive ₹83,480 crore investment in Karnataka for an integrated green hydrogen and hyperscale data centre hub between Bengaluru and Tumakuru. This multi-phase project aims to significantly boost the state's digital infrastructure and clean energy capabilities.
Germany-based Krones has officially inaugurated its new manufacturing facility for bottling and liquid-food packaging machinery in the Vemagal Industrial Area of Kolar district, Karnataka. The ₹315 crore investment project, completed in 18 months, is expected to create around 400 direct jobs.
The Karnataka Cabinet has approved an amendment to the Government Parks (Preservation) Act, 1975, permitting the use of up to five percent of park and garden land for public infrastructure and utility projects. This decision, aimed at facilitating urban development, has drawn immediate criticism from environmental groups and opposition parties concerned about Bengaluru's green spaces.