Business EconomyPosted at: Jun 18 2024 8:13PM


Muralitharan bowls over Karnataka with Rs 1,400 crore investment plan

Bengaluru, June 18 (UNI) In a move that's set to redefine Karnataka's economic landscape, cricket icon Muttiah Muralitharan is stepping off the pitch and into the realm of entrepreneurship with a colossal investment venture.
The legendary Sri Lankan spinner is poised to inject a staggering Rs 1,400 crore into Karnataka's business milieu, signaling a game-changing maneuver that has captured the attention of both investors and enthusiasts alike.

Muralitharan plans to establish a state-of-the-art beverage and confectionery unit nestled in the heart of Badanaguppe in Chamarajanagara district. The announcement, made in a high-profile meeting with Karnataka Minister MB Patil, has sent ripples of excitement through the corridors of power and across the cricketing world.

Under the banner of 'Muttiah Beverages and Confectioneries,' this ambitious project promises to be a shot in the arm for Karnataka's economy, offering not just a sweet treat for the taste buds but also a tantalising opportunity for job seekers and local businesses. What started as a modest Rs 230 crore endeavour has swiftly ballooned into a mammoth investment endeavor, with projections soaring to an impressive Rs 1,400 crore over the coming years.

Securing a sprawling 46 acres of prime real estate for the venture, Muralitharan's vision is already taking shape, with manufacturing slated to kick off in January 2025. And with Minister Patil pledging unwavering support to iron out any kinks in the land allocation process, it's full steam ahead for this groundbreaking initiative.

But that's not all. Muralitharan isn't content with just one spin of the ball. With plans to spread his entrepreneurial wings further, whispers abound of another unit earmarked for Dharwad, promising even more investment and prosperity for the region.

As cricket's spin maestro gears up to conquer new frontiers, his foray into the world of business stands as a testament to the power of vision, ambition, and the indomitable spirit of enterprise. With Muralitharan at the helm, Karnataka's economic innings are indeed poised for a legendary innings.
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