Published May 26, 2026 | 11:21 AM ⚊ Updated May 26, 2026 | 11:21 AM
Toyota Signs Major ₹1,200 Crore Investment Agreement with Karnataka govt. Credit: x.com/MBPatil
Synopsis: Toyota Kirloskar Motor will invest ₹1,200 crore to set up its global-standard ‘BizIntel Hub’ in Karnataka’s upcoming KWIN City, marking the first major project there. Spread over 300 acres, the facility will focus on advanced automobile manufacturing, create 200 jobs, and anchor a larger ₹48,000 crore investment vision generating one lakh jobs.
Toyota Kirloskar Motor will establish its global-standard ‘BizIntel Hub’ in KWIN City, the ambitious project being developed by the Karnataka government between Dabaspete and Doddaballapura, with an investment of Rs 1,200 crore.
The agreement was signed on Monday at ‘Kaveri’ in the presence of Chief Minister Siddaramaiah and Large and Medium Industries Minister MB Patil by Principal Secretary of the Industries Department S Selvakumar and Toyota’s COO and Director of Special Projects, Sudeep Dalvi.
Speaking on the occasion, the CM assured full support for the investment and said he was delighted to learn that this would be the first facility of its kind in the world.
Minister Patil said this was the first major investment to materialise in KWIN City. The company will invest Rs. 1,200 crore as initial capital over the next five years, generating around 200 jobs.
ಮಹತ್ವಾಕಾಂಕ್ಷಿ ‘ಕ್ವಿನ್ ಸಿಟಿ’ ಯೋಜನೆ: ಟೊಯೋಟಾ ₹1,200 ಕೋಟಿ ಬೃಹತ್ ಹೂಡಿಕೆ ಒಪ್ಪಂದ
ಡಾಬಸಪೇಟೆ-ದೊಡ್ಡಬಳ್ಳಾಪುರ ನಡುವೆ ರಾಜ್ಯ ಸರಕಾರವು ಅಭಿವೃದ್ಧಿಪಡಿಸುತ್ತಿರುವ ಮಹತ್ವಾಕಾಂಕ್ಷಿ #KWINCityಯಲ್ಲಿ ಟೊಯೋಟಾ ಕಿರ್ಲೋಸ್ಕರ್ ಮೋಟಾರ್ಸ್ ಕಂಪನಿಯು 1,200 ಕೋಟಿ ರೂಪಾಯಿ ಹೂಡಿಕೆಯೊಂದಿಗೆ ಜಾಗತಿಕ ಮಟ್ಟದ ತನ್ನ ‘ಬಿಝ್ಇಂಟೆಲ್ ಹಬ್… pic.twitter.com/hpNAhG2Vrz
— M B Patil (@MBPatil) May 25, 2026
Also Read: Karnataka CM Siddaramaiah to discuss ‘cabinet and chair’ with AICC leadership
About 300 acres of land will be allotted to Toyota for the project. Vehicle manufacturing, testing activities and the establishment of an advanced automobile manufacturing facility will all be undertaken there. He said the project would prove to be a major opportunity for the youth of the State.
He further said that innovation, healthcare and information technology would be given top priority in KWIN City. Seven to eight globally reputed universities, healthcare institutions and research organisations have already expressed interest in investing there, and agreements with them too would be finalised at the earliest.
The ultra-modern city will be developed in phases across a total area of 5,800 acres, with the first phase of development already under progress. Minister Patil said the overall project is expected to attract investments worth Rs 48,000 crore and generate nearly one lakh jobs.
Industries Commissioner Khushboo Goel, KIADB CEO Govind Reddy, Toyota Chief Technical Officer Yoshinori Noritake, senior representatives G Shankar and Vikram Gulati, Vice-President Ramesh Rao, General Manager HJ Kiran and other officials were present on the occasion.
