Inox Wind to Invest ₹400 Crore in New Manufacturing Plant in Karnataka.

Wind turbine generator and component manufacturer Inox Wind is set to invest ₹400 crore in a new manufacturing facility at the Kyadigoppa Industrial Area in Kushtagi taluk, Koppal district, Karnataka.

The project, which is expected to create around 1,000 direct jobs, was announced by Karnataka’s Large and Medium Industries Minister M. B. Patil on Wednesday.

Land for the facility has been allocated by the Karnataka Industrial Areas Development Board (KIADB). According to Patil, the investment will be made in two phases -₹300 crore in the first phase and ₹100 crore in the second.