Karnataka Govt approves industrial projects worth Rs 4,236.26 crores
These projects worth Rs 2,986.80 crore are expected to create employment opportunities for 4660 persons in the state.
Bengaluru: Giving a big push to industrial growth, the Industries Department on Thursday approved 87 industrial projects worth Rs 4,236.26 crore that would generate jobs for over 12,251 persons in the State.
The 128th State Level Single Window Clearance Committee (SLSWCC) meeting held under the leadership of Murugesh R Nirani, Minister for Large and Medium Scale Industries cleared the projects.
The committee has considered and approved 13 important large and medium-size industrial projects with an investment of more than Rs 50 crores. These projects worth Rs 2,986.80 crore are expected to create employment opportunities for 4660 persons in the state.
Also, at the 128th SLSWCC meeting, 74 new projects with an investment of more than Rs 15 crores and less than Rs 50 crores were cleared. And these projects worth Rs 1249.46 crore would generate jobs for 7591 people in the state. Total investments of Rs 4,236.26 crore with employment potential for 12,251 people were cleared.
Additional Chief Secretary (Industries & Commerce) EV Ramana Reddy, Commissioner for Industrial Development and Director, Department of Industries & Commerce Gunjan Krishna, KIADB CEO N Shivashankara, Karnataka Udyog Mitra MD Doddabasavaraj and senior officials of various departments attended the 128th SLSWCC meeting.
