Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

Karnataka Govt approves 91 investment projects worth ₹7,660 crore

The State Level Single Window Clearance Committee (SLSWCC) on September 16 cleared 91 industrial investment proposals worth ₹7,659.52 crore with an employment generation potential of 18,146 within Karnataka.

The SLSWCC committee headed by Minister for Large and Medium Industries and Infrastructure Development M.B. Patil approved 26 projects involving more than ₹50 crore investment, totalling ₹5,750.73 crore. These alone have the potential to create 13,742 jobs.

Some of the top investors include Maruti Suzuki India, Aequs Consumer, South West Mining and Tata Semiconductor, and Krypton (India) Solutions Private Ltd. among others.

Of the total 91 proposals, about 57 investment projects were between ₹15 crore to ₹50 crore totaling ₹1,144.94 crore, promising employment generation potential of 4,404. Eight projects with an additional investment of ₹763.85 crore were also approved by the committee.

Some of the major investment/project proposals approved include Pratibha Patil Sugar Industries, in Kannur Village, Vijayapur District with an investment of ₹489.50 crore, Gurudee BioRefineries & Allied Industries Private Limited at Tadavalaga, Vijayapura District with an investment outlay of ₹488.49 crore and Devashree Ispat Private Limited, at Halwarti Village, in Koppal which involves an investment of ₹470 crore.

Principal Secretary of Commerce and Industries S. Selvakumar, Commissioner for Industrial Development Gunjan Krishna, Secretary of Department of Labour Mohammad Mohsin were party of the meeting.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.