Chamarajanagar’s first Industrial Estate Established by KIADB continues to rake in Investments.
With improving infrastructure and connectivity to Chamarajanagar from Mysuru and Bengaluru, many manufacturing companies are showing interest in setting up their units in the district. Close on the heels of Grasim proposing a decorative paint plant worth Rs. 725 crore and colourtone textiles investing over Rs. 225 crore for a mega plant, the district now has attracted a household appliance maker.
KCM Appliances (Private) Limited OR Impex Technologies, as they are popularly known on the Internet, proposes to invest Rs. 225 crore for their unit which shall focus on production of home and kitchen appliances. The unit will be spread across a 30 acres plot in KIADB’s Badanaguppe Kellamballi Industrial Area.
Goods to be manufactured shall include- LED TVs, Stainless Steel Cookers, Aluminum Pressure Cookers, and Non Stick Cookwares, LPG Stove among others.
The investment shall provide employment opportunities to 735 persons.
About KCM Appliances (Private) Limited
The Company was established in 2007 with a main objective of manufacturing and trading of consumer goods viz Smart TV, Home Appliances, Cookware and other Electronics and Kitchen items.
Currently their production facility is located in a rented premises at Narasapura, Kolar District. The company recorded a sales turnover of Rs 290.47 crore for the year ending 31.03.2020.
Also Read: Colourtone Textiles Pvt Ltd to invest in Chamarajanagar District
Great work!
Good development