KCM Appliances or Impex Technologies proposes to invest Rs 225 crore to set up a manufacturing unit in the Karnataka Industrial Areas Development Board's Badanaguppe Kellamballi Industrial Area.
The unit will spread across 30 acre plot. It will focus on production of home and kitchen appliances.
The facility will manufacture LED TVs, stainless steel cookers, aluminum pressure cookers, LPG stove, among others. The project shall provide employment opportunities to 735 people.
With improving infrastructure and connectivity to Chamarajanagar from Mysuru and Bengaluru, many manufacturing companies are showing interest to set up their units in the district.
Grasim is proposing to set up a decorative plant worth Rs 725 crore and Colourtone Textiles investing over Rs 225 crore for a mega facility.