The 161st State-Level Single Window Clearance Committee meeting chaired by Minister M.B. Patil. Image: Minister's media group
Bengaluru: To give further momentum to industrial growth beyond Bengaluru, the 161st State-Level Single Window Clearance Committee, chaired by Large and Medium Industries Minister M.B. Patil, has cleared 147 industrial projects that will bring in a total investment of Rs 6,825 crore.
“These projects are expected to create 18,600 jobs across the state. Of the approved projects, 131 will be set up in districts other than Bengaluru Urban and Bengaluru Rural, giving a further boost to regional industrial growth,” Patil said after the meeting.
The major investments include an IT and ITES park by Advaith Tech worth Rs 380 crore near Devanahalli; a container glass unit by OFB Tech Limited worth Rs 245 crore at Gauribidanur in Chikkaballapur district; electronics manufacturing by FIEM Industries worth Rs 183 crore at Kochanahalli in Mysuru district; and steel bar manufacturing units by Anant Steels worth Rs 119.41 crore at Belagallu in Ballari district.
Boost for investment across sectors
“The approved projects relate to food processing, textiles, data centres, semiconductors, electronics system design and manufacturing (ESDM), IT parks, assembly of printed circuit boards, aerospace, sugar, general engineering and other manufacturing sectors. This will give a significant boost to diverse investments in the state’s industrial sector,” Patil said.
Priority for industrial growth beyond Bengaluru
“Most of the projects relate to investment in other districts of the state. This will give a major boost to the expansion of industrial activity, creation of local jobs and regional economic growth in various districts,” the minister said.
The meeting approved 36 major large and medium industrial projects with investment of more than Rs 50 crore each. These projects will bring in Rs 4,507.71 crore of investment and provide jobs for 12,074 people, he explained.
A further 108 new projects with investment between Rs 15 crore and Rs 50 crore were approved. These will bring in Rs 2,238.37 crore of investment and are expected to create jobs for about 6,526 people.
Three projects relating to additional investment were also approved, which will bring in Rs 79.85 crore.
Industries Department Principal Secretary Dr S. Selvakumar, Commissioner for Industrial Development Khushboo G. Choudhary, KIADB Chief Executive Officer Govinda Reddy, Karnataka Udyoga Mitra Managing Director Dodda Basavaraju and senior officials of various departments attended the meeting.
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