Karnataka approves ₹4,236.26-cr industrial projects

industrial projects
Karnataka Government has approved 87 industrial projects worth ₹4,236.26 crore thereby opening up huge job generation avenues to the locals. State Industries Minister Murugesh Nirani informed that these projects have been approved in the 128th meeting of the State Level Single Window Clearance Committee to give a big push to Karnataka’s industrial growth. The new investments include Siemens Healthcare (₹313.20 crore, 270 jobs), Tecchren Batteries (₹480 crore, 200 jobs), Neotrex Steel (₹340 crore, 150 jobs), Supreme Sugars (₹306.82 crore, 315 jobs), Pawan Shakti Papers (₹276 crore, 1,000 jobs), Tantia Papers (₹276 crore, 1,000 jobs) and SATS Food Solutions India (₹210 crore, 310 jobs). Of the projects approved, 13 are large and medium-sized with an investment of over ₹50 crore, totaling ₹2,986.80 crore promising 4,660 jobs. Another 74 projects have an investment between ₹15 crore and ₹50 crore are worth ₹1,249.46 crore.

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