German packaging and bottling machine manufacturer Krones AG is setting up a manufacturing facility at the Vemagal Industrial Park Phase 2, in Kolar.
Dec 16, 2024
German packaging and bottling machine manufacturer Krones AG to invest in Kolar district of Karnataka. M B Patil, Minister for Large and Medium Industries, signed a Memorandum of Understanding (MoU) with Germany-based Krones to set up a manufacturing facility at the Vemagal Industrial Park Phase 2, in Kolar.
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In addition to this facility, discussions were held with Krones’ suppliers to encourage ancillary investments in Karnataka, enhancing the state’s industrial ecosystem.
As part of the delegation’s visit to Krones’ headquarters in Neutraubling, the company’s leadership, including its CEO, provided an overview of their operations and showcased its manufacturing capabilities. The MoU ensures expedited operationalization of Krones’ facility, with the Government of Karnataka assuring support for the setup.
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The Germany roadshow is part of Karnataka’s global outreach to attract investments and partnerships in the lead-up to Invest Karnataka 2025, the state’s flagship Global Investors Meet.
