Karnataka minister MB Patil with senior leaders of Air Water to discuss their India investment plans.
Credit: X/@@MBPatil
Bengaluru: Air Water, a Japanese multinational company that produces gas used in industries, has come forward to set up its second unit near Bengaluru, said Industries Minister M B Patil.
The company's first unit is already operational in Vijayanagar.
The company has also shown interest in setting up a biogas production unit in Karnataka using raw materials such as cow dung and iron pulp. “With the help of this unit, it will be possible to meet the local demand for biogas,” the minister added.
The minister, who is visiting Japan with a high-level delegation, held discussions with the company on Thursday. The company conveyed to the delegation that Karnataka is a key priority region for its business.
In a meeting with industrial services and engineering company Konoike, which has adopted the corporate slogan “India as its second home base,” the state delegation discussed in detail growth opportunities based on joint ventures. The company informed the delegation that it is looking for local partners to develop industrial solutions under the partnership. The minister assured that necessary assistance will be provided to identify suitable partners.
During the visit, the delegation also visited the Health, America, and Japan pavilions at the Osaka World Expo 2025 and explored opportunities for collaboration in various sectors.
Shinko Nameplate Company announced that it will set up a unit near Bengaluru to manufacture decorative plastic parts used in vehicles at a cost of Rs 100 crore.
Toyota Group’s Catalar Company stated that it will expand its manufacturing activities in Bidadi by 2030 with an additional investment of Rs 140 crore.
Saginomiya, a manufacturer of advanced automatic control equipment, has also expressed interest in setting up a new unit in Karnataka.
The high-level delegation includes Principal Secretary, Industries Department, S Selvakumar, and Industries Department Commissioner Gunjan Krishna, among others.