The Narasapura (industrial area) is one of the largest industrial regions in Karnataka State; Kolar District near Narsapura, This industrial area is expected to contribute 1.25% of the GDP towards the Indian economy. This Industrial Area is near Narasapura town, In Kolar , and 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 percent and creating 100 million jobs over a decade.
The Area developed in an extent of 700.75 acres initially and notified 1,480 acres under Section 28(1) of the KIADB Act for the second phase. For the third phase, it has identified 2,000 acre.. The industrial area is abutting the NH-4, and is about 15 km from Kolar city and 55 km from Bangalore city. The Nearest Airport Kempegowda International Airport is 50 km from the 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 and There is an estimation of about 1 million people to be working in these Industrial Area. Few of the companies are, Mahindra Aerospace , Honda Motorcycle and Scooter India Pvt. Ltd , Triumph, Volvo , Bando , Scania , Exedy Clutch India Pvt ltd, Lumax , Indo , ASK AUTOMOTIVE PVT LTD , and Wistron infocomm.
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