Peenya Named Karnataka’s 18th Special Investment Region to Boost Industrial Momentum

  • Peenya Industrial Area designated as a Special Investment Region under Karnataka’s 2022 Act
  • Region houses 13,000 MSMEs and over 500,000 workers, showcasing major economic impact
  • KIADB takes charge of land, planning, and regulatory processes for streamlined governance
  • 70% of property tax revenue redirected to local infrastructure improvements
  • Industry calls for greater representation in decision-making for better policy alignment