india.It was formed on 1st november 1956 with the passage of the states Reorganisation Act. Originally known as the state of the Mysore, it was renamed karnataka in 1973.
It was constituted under sec.5 of karnataka industrial
area development Act, (KIAD ACT) -1966 ACHIVEMENTS OF KIADB Over 50 years of experience in Industrial Promotion. Developed over 167 industrial estates and 473 single unit complexes. TMTP-Developed integrated Machine Tool park of 500acres Created over 1.5 million job oppurtunities The largest Land Bank of 22,931-26acres VISION & MISSION Too build a prosperous karnataka through inclusive, sustainable and balanced industrial development thereby creating a large employement oppurtunities
To make karnataka has preferred Destination for
investment with special focus on manufacturing sector To provide oppurtunities across the state for industrial Development and enable scope for large scale local employement through private sector To develop human capital to meet the needs of industry AIMS & OBJECTIVES Promote rapid and orderly development of industries in the state.
Assist to implement of policies of Government within
the Preview of KIAD ACT
Facilitate in establishing infra Structure projects
Functions on “ No Profit-No Loss” basis
FUNCTIONS Acquire Land and form industrial areas in the state.
Provide basic infrastructures in the industrial areas.
Acquire land for Single Unit Complexes.
Acquire Land for Government agencies for their
schemes and infrastructure projects RELATED LINKS RELATED LINKS Contact us: KIADB 4th & 5th floor, Govt of karnataka East Wing, KhanijaBhavan, Karnataka Udyoga Mitra Race Course Road, BBMP Bengaluru BESCOM Karnataka 560001 Make in India +918022265383, +918022267901