Hubballi-Dharwad InfoNews

HUBBALLI: Aequs To Create 20,000 Jobs In Hubballi By Investing ₹3,500 Crore

HUBBALLI: Aequs SEZ Private Limited has come forward to develop a consumer electronics and durables goods (CEDG) cluster in Hubballi at an investment of Rs. 3,500 crore and the state government has already approved it.

Here’s All You Need To Know:

> According to Aequs and state government, this is India’s first sector-specific investment in line with Prime Minister Narendra Modi-led Union government’s Atmanirbhar or self- reliance initiative.

> The investment is expected to generate around 20,000 jobs

> Aequs has request the Karnataka Industrial Area Development Board (KIADB) for allotment and acquisition of 400-acre land in Ittigatti Village in Dharwad

> This campus will be spread across 400 acres with benefits of Special Economic Zone (SEZ) and Domestic Tariff Area (DTA)

This News is presented by MATS Institute of Hotel Management & Studies

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