State govt approves 91 investment projects worth Rs 7,660 crore
BENGALURU:
The State Level Single Window Clearance Committee (SLSWCC) has cleared 91 industrial investment proposals worth Rs 7,659.52 crore, Large and Medium Industries Minister M B Patil said. The investment proposals have the potential of generating 18,1416 employment opportunities in the state, he said.
The SLSWCC committee, headed minister Patil, on Friday approved 26 projects involving more than Rs 50 crore investment, totaling Rs 5,750.73 crore. “These investment proposals hold the potential to create 13,742 jobs in the state,” the minister said.
Some of the top investors include Maruti Suzuki India, Aequs Consumer, South West Mining and Tata Semiconductor, and Krypton (India) Solutions Pvt Ltd among others, he said.
Approval of ₹. 7660 Crore Investment With Over 18,000 Jobs Potential
— M B Patil (@MBPatil) September 16, 2023
On Friday, I held a meeting of the State-level Single Window Clearance Committee to prioritise investment and job creation in the state's industrial sector.
Approval has been granted for a total of ₹7,660… pic.twitter.com/DJf3EYTsnk
As per officials, out of the total 91 proposals, about 57 investment projects, with a total estimated cost of Rs 1,144.94 crore, hold the potential of generating 4,404 employment opportunities in the state while eight projects with an additional investment of Rs 763. 85 crore were also approved by the committee.
Principal Secretary of Commerce and Industries, S Selvakumar, Gunjan Krishna, Commissioner for Industrial Development, Mohammad Mohsin, Secretary, Department of Labour, M Mahesh, Chief Executive Officer, Karnataka Industrial Area Development Board (KIADB), Darshan H V, Director, Department of IT/BT, Doddabasavaraju, Managing Director of Karnataka Udyog Mitra were present at the meeting. (ANI)
Investment Momentum Builds:
— M B Patil (@MBPatil) September 16, 2023
✅ 91 projects worth over Rs. 7,600 crore cleared.
✅ To create 18,000+ Jobs.
✅ Investments spread across entire Karnataka.#InvestinKarntaka #BeyondBengaluru https://t.co/FuXFPFf0A3 pic.twitter.com/eQTirbPUSQ
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