Kirloskar Ferrous Industries Limited, part of the Kirloskar group, has announced an investment of INR 30 billion over the next three years for the development of its Hiriyur plant in Karnataka’s Chitradurga district. The expansion aims to strengthen the company’s steelmaking and iron ore processing capabilities while adding new capacity for sponge pipe production.

According to an official statement by Karnataka Industries Minister M. B. Patil, the project will generate significant local employment, with 99 percent of the workforce expected to comprise the state’s local population. The minister said the investment reflects continued investor confidence in the state’s industrial environment and talent base.

The expansion at Hiriyur is part of Kirloskar Ferrous Industries’ broader strategy to scale up integrated steel production. The company, which manufactures pig iron, ductile iron pipes, and castings for the automotive and infrastructure sectors, has been steadily enhancing its domestic footprint through capacity augmentation and product diversification. The Hiriyur plant expansion is expected to boost output efficiency and support downstream steel component manufacturing.

In addition to industrial development, the company has reaffirmed its commitment to corporate social responsibility (CSR) initiatives focused on rural healthcare and community welfare in the surrounding regions of Chitradurga.

The announcement came during a Karnataka investment roadshow held in Pune on 5th November 2025, where the state government engaged with several manufacturing and engineering companies to attract new industrial projects.

On 22 October 2025, Kirloskar Ferrous Industries Limited received a domestic contract from Oil and Natural Gas Corporation Limited (ONGC) for the supply of regular EUE tubing, pup joints, and crossovers. The total value of the order is approximately INR 35.8 billion and is scheduled to be executed over a one-year period, from 21 October 2025 to 20 October 2026.

At the same event, Sedemac Mechatronics Private Limited, a developer of intelligent powertrain and control systems for leading original equipment manufacturers, discussed plans to establish a manufacturing facility on 10 acres of land in Karnataka, with a proposed investment of INR 1 billion.

Fluid Controls Limited, which supplies precision components to BEML, JSW Steel, Boeing, and ISRO, has also applied to invest INR 900 million to set up a new unit on 5 acres in the state. Meanwhile, Belrise Industries is evaluating a greenfield project in Mysuru as part of its expansion into defence and aerospace engineering, complementing its existing operations in Narasapura and Belur.

Wipro PARI, a subsidiary of Wipro Infrastructure Engineering, recently commenced construction of its Electronics Copper Laminates facility at Adinarayanahossahalli in Karnataka Industrial Areas Development Board (KIADB) Industrial Area. The company is also exploring automation-focused manufacturing opportunities, including a proposed Smart Robotics Lab and advanced automated parking systems.

Kirloskar Ferrous Industries Limited, headquartered in Pune, is one of India’s key producers of pig iron and casting products used in the automotive, power generation, and infrastructure sectors. The company operates manufacturing facilities in Koppal and Hiriyur, Karnataka.