The Karnataka government has notified Bengaluru’s Peenya Industrial Area as the 18th special investment region (SIR) in the State. Peenya is home to thousands of small, medium, and large-scale industries across sectors such as manufacturing, electrical equipment, textiles, and start-ups.

Established in the late 1970s, Peenya spans across 1,461.46 acres. The area provides employment to nearly five lakh people, including approximately 2.5 lakh women workers, and is surrounded by a mix of residential, commercial, and industrial zones.

A government notification issued on June 9 confirmed the SIR status. This move brings Peenya under the ambit of the Karnataka Industrial Areas Development Board (KIADB), which acts as the Regional Development Authority (RDA). KIADB is responsible for local administration, including property tax assessment, imposition, and collection. Seventeen other industrial areas had previously been notified as SIRs.

Commenting on the development, MG Rajagopal, President of KASSIA, said, “The decision fulfils a long-standing demand by KASSIA, and Peenya-based industrialists. Declaring the Peenya Industrial Area — including Nelagadarahalli, Laggere, and Chokkasandra — as a special investment region is commendable. This move will go a long way in addressing infrastructure challenges in the area.”

Published on June 11, 2025