Karnataka government approves 91 investment projects worth Rs 7,660 crore – Dainik Savera Times
Bengaluru: The Karnataka government has approved 91 industrial investment proposals worth Rs 7,659.52 crore. Their implementation is expected to generate 18,146 jobs. The State Level Single Window Clearance Committee (SLSWCC) headed by Minister of Large and Medium Industries and Infrastructure Development MB Patil approved these investment proposals on Friday.
In this, 26 projects with an investment of about Rs 50 crore were approved, taking the total investment to Rs 5,750.73 crore. These are likely to create 13,742 jobs. According to the official statement of the state government, some of the major proposals relate to Maruti Suzuki India, Aix Consumer, South West Mining and Tata Semiconductor and Crypton (India) Solutions Pvt Ltd.
Out of the total 91 proposals to be approved, about 57 investment proposals are in the range of Rs 15 to Rs 50 crore, which has a combined value of Rs 1,144.94 crore. These are likely to create 4,404 jobs in Karnataka. Apart from these, the committee also approved eight projects with additional investment of Rs 763.85 crore.
Major investment proposals approved in the meeting include establishment of Pratibha Patil Sugar Industries Private Limited in Vijaypura district with an investment of Rs 489.50 crore, establishment of Aiks Consumer Products Private Limited Unit-3 in Dharwad district with an investment of Rs 456 crore.
