The Narasapura industrial area is one of the largest industrial regions in Karnataka State; Kolar District; India. The name means Praiseworthy dwelling place. This Industrial Area is expected to Contribute 1.25% of the GDP towards the Indian Economy. This Industrial Areas is In kolar ( Vemgal Industrial Area, Narasapura Industrial Area and Malur Industrial Area). Kolar is one of the only 16 Districts in India which is established under national investment and manufacturing zones (NIMZs). The National Manufacturing Policy (NMP) has the objective of enhancing the share of manufacturing in GDP to 25 per cent and creating 100 million jobs over a decade.
Infrastructure
The Area developed in an extent of 700.75 acres initially and notified 1,480 acre under Section 28(1) of KIADB Act for the second phase. For the third phase, it has identified 2,000 acre.. The industrial area is abutting the NH-4 is about 15 km from Kolar town and 55 km from Bangalore city. The Nearest Airport Kempegowda International Airport is 50 km from industrial area. The industrial area is connected to Railway Station at Kolar & Malur which are 15 km away on either side of the industrial area. In the Industrial Area multi line access road, underground cable for power supply and street lights with dual water supply pipeline for potable and tertiary treated water. The existing substation is upgraded to 32 MW for uninterrupted power supply and also KIADB is planning to construct 220/66/11 KV Sub Station in this industrial area. In addition to this, common facilities such as park, buffer zone, parking is also provided.
Railway
There is proposed Railway line between Whitefield-Kolar at the cost of Rs 353.45 corers INR which will further crate for People and Freight Movement .
Roads
This Industrial zone will be catered by upcoming Chennai Bangalore Industrial Corridor, with connectivity to Chennai Port for exports. It is also catered by the existing Old Madras Road NH4. There is also Connectivity to Malur, whitefield, Hoskote and KR Puram.
Water
The State government has hit on the idea of supplying about 200 MLD (million litres per day) of treated water to Kolar’s Industrial areas from Bellandur Lake in Bangalore.
Manpower
There is an estimation of about 1 million people to be working in these Industrial Area.
Residential Locations
There are many Realtors from Bangalore who are offering Plots in Gated Community, flats and Villas plots,Paratus BuildCon Pvt.Ltd, Adisesh Projects Green City a 100-acre gated community is aggressively developing residential properties. There is also a proposed International cricket Stadium at kolar.
List of Companies Existing
Mahindra Aerospace manufactures 2, 4 and 6 seated family & commercial planes for the Indian and international markets.
Honda Motorcycle and Scooter India Pvt. Ltd one of the largest manufactures of 2 wheeler, Honda active and Honda Yuva
Triumph manufacturing of Cruise Bikes.
Volvo bus manufactures.
Bando manufactures of engines belts, high strength rubber products.
Scania a Volkswagen Company manufacturing luxury passenger bus (Volvo bus) competitor, and high end trucks.
Exedy Clutch India Pvt ltd manufactures of clutch systems.
Lumax manufactures of automotive spares.
Indo manufactures of electrical and electronics.
Many Companies have acquired industrial plots here to build their centres soon here .