The Karnataka government is exploring measures for the revival of the Mysore Paper Mills (MPM) in Bhadravathi. The government plans to lease it to private players for effective management.
Aug 26, 2025
The Karnataka government is exploring the revival of the Mysore Paper Mills (MPM) in Bhadravathi by leasing it to private players. The mill had earlier announced closure in the year 2020.
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Large and Medium Industries Minister M B Patil said private participation is being pursued for restarting the factory, with exemptions and relief measures under consideration to attract bidders. Prospective operators have reportedly shown interest, provided they receive exemptions for growing eucalyptus and are free from past liabilities.
To facilitate the process, Infrastructure Development Corporation (Karnataka) (iDeCK), a Bengaluru-based consultancy, has been appointed as a transaction advisor that will manage bid preparation, evaluation, and finalisation of agreements.
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The government aims to complete the leasing process that will enable the mill to restart operations in the Bhadravathi region.
