Karnataka approves 147 industrial projects worth Rs 6,826 crore
The projects are expected to create 18,600 jobs and focus on development outside Bengaluru.
The State Level Single Window Clearance Committee (SLSWCC) approved 147 industrial projects with a total investment of Rs 6,825.93 crore on Monday, according to The New Indian Express.
Large and Medium Industries and Infrastructure Development Minister MB Patil, who chaired the 161st meeting, said these projects are expected to generate approximately 18,600 jobs across Karnataka.
Of the total, 131 projects will be located outside the Bengaluru Urban and Bengaluru Rural districts to promote industrial growth beyond the capital.
The approvals include 36 major projects with individual investments exceeding Rs 50 crore, totaling Rs 4,507.71 crore and 12,074 jobs. Another 108 projects, with investments between Rs 15 crore and Rs 50 crore, will contribute Rs 2,238.37 crore and 6,526 jobs.
The sectors covered include food processing, textiles, semiconductors, data centres, aerospace, and electronics system design and manufacturing (ESDM). Additional investments of Rs 79.85 crore were also cleared for three existing projects.
Major individual approvals include Advaith Tech LLP investing Rs 380 crore in a Devanahalli IT park and OFB Tech Limited investing Rs 245 crore in a glass manufacturing plant in Gowribidanur.