Prime Minister Modi inaugurated a mega food park in Koravahalli village which is 25 km from 110 Acre Integrated Food Park Inaugurated In Tumkur. The park is set to be the largest of its kind in Karnataka and is expected to help farmers living within a radius of 250 kms of the park, especially in the areas of Kolar, Tumkur and Shimoga.
The food park, is being set up under a public private partnership venture with Future Group Company at a cost of Rs. 140 crores. Farmers will be able to directly sell their products to the food park. A system is envisaged wherein agri produce from surrounding areas will be sorted and graded, after which some of the produce will be sold at retail stores owned by the Future Group and the rest will be processed. The park will have a centre housing 60 medium sized units processing ready to eat products. Also, it will house pulping, milling, flouring, spice and dal units. Further, the park will also have a massive 80,000 square feet cold storage facility to store fruits and vegetables.