Karnataka Government Approves 91 Industrial Investment Proposals Valued at Rs 7,659.52 Crore

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The Karnataka government has given the green light to 91 industrial investment proposals, amounting to a total of Rs 7,659.52 crore, with the potential to create 18,146 jobs.

During a meeting of the State Level Single Window Clearance Committee (SLSWCC), chaired by M B Patil, the Minister for Large and Medium Industries and Infrastructure Development, 26 projects involving investments exceeding Rs 50 crore were approved. These projects have a cumulative worth of Rs 5,750.73 crore and hold the potential to generate 13,742 jobs.

Notable investors in these projects include Maruti Suzuki India, Aequs Consumer, South West Mining, Tata Semiconductor, and Krypton (India) Solutions Private Ltd, among others, as confirmed by the minister’s office.

Among the total of 91 proposals, around 57 investment projects fall in the range of Rs 15 crore to Rs 50 crore, with a combined value of Rs 1,144.94 crore, offering the promise of creating 4,404 jobs within Karnataka.

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Karnataka Government Approves 91 Industrial Investment Proposals Valued at Rs 7,659.52 Crore

The Karnataka government has given the green light to 91 industrial investment proposals, amounting to a total of Rs 7,659.52 crore, with the potential to create 18,146 jobs.

During a meeting of the State Level Single Window Clearance Committee (SLSWCC), chaired by M B Patil, the Minister for Large and Medium Industries and Infrastructure Development, 26 projects involving investments exceeding Rs 50 crore were approved. These projects have a cumulative worth of Rs 5,750.73 crore and hold the potential to generate 13,742 jobs.

Notable investors in these projects include Maruti Suzuki India, Aequs Consumer, South West Mining, Tata Semiconductor, and Krypton (India) Solutions Private Ltd, among others, as confirmed by the minister’s office.

Among the total of 91 proposals, around 57 investment projects fall in the range of Rs 15 crore to Rs 50 crore, with a combined value of Rs 1,144.94 crore, offering the promise of creating 4,404 jobs within Karnataka.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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