The proposal of Toyota Industries India Private Limited to set up a Rs. 410 crore textile and spinning machinery manufacturing unit at Vasanthanarasapura Industrial Area in Tumakuru district was cleared by the Karnataka state high-level clearance committee.
The proposed unit will provide employment to 800 people. The total number of projects that have got approval in 2015-16 from the committee touched 78 with an investment of Rs. 24,018.99 crore.
Toyota Industries is a Japanese machine maker which is active in various areas including textile machinery.
