Introduction:
The Karnataka State Small Industries Development Corporation (KSSIDC) has established an industrial estate in Peenya, located in the northern part of Bengaluru, Karnataka. This estate is a significant hub for small and medium-sized enterprises (SMEs), contributing substantially to the region’s industrial growth and economic development.
Location and Accessibility:
- Proximity to Major Areas: Peenya Industrial Estate is approximately 10 kilometers from Bengaluru city center, providing easy access to urban resources and markets.
- Transportation Links: The estate is well-connected via major road networks, including the Tumkur Road (NH 4) and the Outer Ring Road, facilitating efficient transportation of goods and raw materials. The nearby Yeshwanthpur railway station and the Namma Metro enhance connectivity, and the Kempegowda International Airport is about 35 kilometers away.
Infrastructure and Facilities:
- Industrial Sheds and Plots: KSSIDC has developed various types of sheds and plots to cater to the diverse needs of entrepreneurs. These facilities are equipped with essential amenities such as roads, water supply, sewerage systems, and electricity.
- Support Services: The corporation provides assistance in obtaining necessary permits and licenses, facilitating a smooth setup process for new enterprises.
Industrial Presence:
- Peenya Industrial Estate is one of the largest industrial areas in South East Asia, housing about 5,000 small-scale industries and a few large and medium-scale industries.
- The estate accommodates a variety of industries, including mechanical, electrical, electronics, automobile, civil, packaging, garments, lubricants, consumer items, pharmaceuticals, and machine tools. Notable establishments include:
- M/s. Banashankari Industries: Located at No.79/18, 9th Cross, Rajagopal Nagar Main Road, Peenya Industrial Area, Bangalore-560058.
- M/s. Janma Precision: Situated at No.C-83, Peenya 3rd Stage, Peenya Industrial Area, Bangalore – 560058.
Economic Impact:
The development of the KSSIDC Industrial Estate in Peenya has significantly contributed to the local and state economy by:
- Employment Generation: Providing employment to around 5 lakh individuals, including approximately 2.5 lakh women employees.
- Revenue Contribution: The industrial complex has an annual turnover of approximately Rs. 15,000 crores, with exports per annum around Rs. 6,000 crores. It contributes significantly to the exchequer through central excise, customs duty, sales tax, and corporate tax.
Future Prospects:
With ongoing infrastructure developments and supportive government policies, Peenya Industrial Estate is poised for further growth. Its strategic location, coupled with robust infrastructure, makes it an ideal destination for industries looking to establish or expand their operations in Karnataka.
In summary, the KSSIDC Industrial Estate in Peenya serves as a cornerstone for industrial development in Bengaluru, fostering economic growth and providing a conducive environment for small and medium-sized enterprises.
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