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Tumakuru node (Vasanthanarasapura)

OperationalKarnatakaIndia’s first machine-tool park operational; Phase 1 building
8,500 acresArea
₹13,717 crTrunk-infra cost
₹50,000 crInvestment potential
2,20,000Projected jobs

Tumakuru is the only CBIC node with operational tenants. Its 530-acre Tumakuru Machine Tool Park — India’s first integrated machine-tool park — is developed with 158 ready-to-build plots, of which 22 (128 acres) have been taken by large companies, and a co-located 160-acre Japan Industrial Township is fully occupied by 107 firms including Toyota. The node therefore extends a live industrial base rather than launching a greenfield bet: Karnataka already accounts for ~52% of India’s machine-tool output and ~62% of exports.

The wider node is an 8,500-acre smart city built in phases, costed by JICA at ₹13,717 crore, with a total investment potential of ₹50,000 crore and ~2,20,000 jobs; Phase 1 alone (1,736 acres) targets ₹7,000 crore and 88,000 jobs. Phase 1 is under construction toward end-2026, and a new 300-acre Japan Industrial Park was announced in November 2025.

Outside the sector parks, anchor tenants for the core node are not yet disclosed — the named momentum sits in the Machine Tool Park, the Japan Industrial Township and a handful of allotments (Havells, Toyota), while the broader region already hosts 1,500-plus operating industries.

Sectors
Machine tools, precision manufacturing, electronics, auto components, food products, textiles & apparel, pharmaceuticals, engineering
Nearest hub
NH-48 adjacent; Bengaluru ~120 km; Kempegowda airport ~115 km; Tumakuru railway station ~25 km; Mangaluru Port ~300 km
Developer / SPV
CBIC Tumakuru Industrial Township Ltd (state SPV via KIADB) — 50:50 NICDIT : KIADB/GoK; SHA & SSA signed 30 Oct 2018; central grant ceiling ₹3,000 cr matching the state land contribution; six-director board (3 state, 3 NICDIT).
EPC contractor
Phase 1 (1,736 ac) under construction toward end-2026; the 530-ac Tumakuru Machine Tool Park is already developed and occupied.
Status
India’s first machine-tool park operational; Phase 1 building

Companies & commitments

CompanySectorCommitment
Tumakuru Machine Tool Park (TMTP)India’s first integrated machine-tool park — 530 ac, 158 ready-to-build plots₹508 cr development cost; ₹125 cr equity each from Centre (DHI) + Karnataka; technical partner IMTMA; 22 large-company plots (128 ac) taken [V]
Japan Industrial Township (existing)Japanese-firm enclave160 ac · fully occupied by 107 companies incl. Toyota — opposite TMTP [V]
Japan Industrial Park (new)Japanese-firm enclave300 ac · announced Nov 2025, allotment opening soon; no allottees yet [V1]
Havells India LtdWire & cable manufacturing62.09 ac at Vasanthanarasapura Industrial Area — land allotted (allotment May 2016) [V]
ToyotaAutomotiveLand taken inside the Japan Industrial Township [V]
Coastal Chrome IndiaChrome-related productsLand allotted in TMTP (2021) [V]
Ace Multi Axes Systems LtdMulti-axis CNC machinesLand allotted in TMTP (2021) [V]
Anupam CNC Machining Pvt LtdCNC machiningLand allotted in TMTP (2021) [V]
Amwin Machining Pvt LtdPrecision machiningLand allotted in TMTP (2021) [V]
Advance CoolingCooling systemsLand allotted in TMTP (2021) [V]
Nayak PrecisionsPrecision componentsLand allotted in TMTP (2021) [V]
Pragati Automation, BFW, Trishul, Ace Designers, Jyoti CNCMachine tools / automationExpressed interest in TMTP plots — not yet allotted [V1]

Industries coming up

Tumakuru Machine Tool Park (530 ac — India’s first integrated machine-tool park)Japan Industrial Township (160 ac, 107 firms incl. Toyota)Japan Industrial Park (300 ac, new — Nov 2025)Precision manufacturing & CNCAuto componentsElectronicsFood products, textiles & pharmaceuticals

Infrastructure & connectivity

Incentives & land: “Play-and-plug” ready facilities; TMTP concessional land at ₹1 cr/acre (versus ₹1.20 cr+ elsewhere); 99-year KIADB lease; common engineering, test & certification, incubation and training centres at the Machine Tool Park; reduced 15% corporate tax for qualifying new manufacturers. Karnataka’s machine-tools/aerospace/automotive “Super Mega” incentives apply above the ₹1,000 cr threshold.

The Machine Tool Park and Japanese townships

The node’s operating core is the 530-acre Tumakuru Machine Tool Park, India’s first integrated machine-tool park, developed at ₹508 crore with ₹125 crore equity each from the Centre (Department of Heavy Industries) and Karnataka, and the Indian Machine Tools Manufacturers Association as technical partner. Of its 158 plots, 22 (128 acres) have been taken by large companies — including Coastal Chrome India, Ace Multi Axes Systems, Anupam CNC Machining, Amwin Machining, Advance Cooling and Nayak Precisions — with Pragati Automation, BFW, Trishul, Ace Designers and Jyoti CNC having expressed interest.

Adjacent to the park, a 160-acre Japan Industrial Township is fully occupied by 107 companies, including Toyota; a new 300-acre Japan Industrial Park was announced in November 2025 with allotment opening soon. Havells India holds a separate 62.09-acre allotment in the wider Vasanthanarasapura estate.

Status and what remains

Phase 1 (1,736 acres) is under construction toward an end-2026 target, with the play-and-plug model already operating. The SPV — CBIC Tumakuru Industrial Township Ltd — was formed on a 50:50 NICDIT:KIADB basis with the shareholders’ and state-support agreements signed on 30 October 2018, and the PM laid the foundation stone in February 2023.

For the core 8,500-acre node, named anchor tenants beyond the sector parks have not been disclosed, and the new 300-acre Japan Industrial Park is yet to allot. Environmental-clearance status was not found in available sources.

The legacy base

Tumakuru’s strength is its existing industrial fabric. KIADB had developed roughly 3,500 acres at Vasanthanarasapura before the CBIC node, the district hosts 1,500-plus operating industries, and Karnataka leads India in machine tools (~52% of output, ~62% of exports). Three engineering colleges in the district feed a trained workforce, and the Dabhol–Bengaluru gas pipeline runs nearby. This is why the node reads as a deepening of a live cluster rather than a speculative greenfield project.

Timeline

Sources