Archive · 11 Jun 2025
Karnataka Designates Peenya as Special Investment Region
The government of Karnataka has decided to make Peenya, an industrial area in Bengaluru, a special investment region.
This means Peenya, which houses many factories and businesses, will get extra support and be managed by a special board called KIADB.
This area covers a large space and provides jobs to many people, including women.
This change is expected to help improve the infrastructure and solve problems in the area, as requested by local business groups like KASSIA.
Karnataka government designates Peenya as the 18th special investment region (SIR).
Peenya Industrial Area is home to thousands of industries, including manufacturing and startups.
The area covers 1,461.46 acres and employs approximately 5 lakh people.
The notification brings Peenya under the Karnataka Industrial Areas Development Board (KIADB).
KASSIA welcomes the decision, citing it will address infrastructure challenges.
- Who
- The Karnataka government and the KIADB.
- What
- Karnataka notified Peenya as a special investment region.
- When
- The government notification was issued on June 9.
- Where
- Peenya Industrial Area in Bengaluru, Karnataka.
- Why
- To address infrastructure challenges and support the industrial area.
- SIR Status
- 18th in Karnataka
- Location
- Peenya, Bengaluru
- Area
- 1,461.46 acres
- Employment
- Approx. 5 lakh people
- KIADB Role
- Regional Development Authority
- KASSIA's Stance
- Supports the decision