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India s first machine tool park ready for investors in Karnataka

India’s first machine tool park ready for investors India’s first machine tool park ready for investors in Karnataka Both state and central govts have set up a special purpose vehicle named Tumakuru Machine Tool Park (TMTP) to develop the new industrial cluster Feb 28 2021, 21:52 ist updated: Mar 01 2021, 06:59 ist Karnataka, which is home to India’s first Aerospace SEZ, electronics city and several IT parks, is now ready with India’s first integrated machine tool park. The park, spread over 530 acres at Vasanthnarasapura, about 90 kms from Bengaluru, is developed under the scheme of Enhancement of Competitiveness in Indian Capital Goods Sector (ECICGS), jointly by the state government and the Department of Heavy Industries, Government of India.

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