Karnataka clearance committee approves 64 industrial projects worth over ₹3,500 cr | Bengaluru - Hindustan Times
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Karnataka clearance committee approves 64 industrial projects worth over 3,500 cr

PTI | | Posted by Yamini C S
Jun 22, 2024 07:00 PM IST

These projects are projected to generate employment for approximately 13,896 people across the state, the release by the Minister's office said.

The State-Level Single Window Clearance Committee (SLSWCC) headed by Karnataka minister M B Patil on Friday approved 64 projects worth 3,587.67 crore, according to an official statement.

Karnataka Congress leader MB Patil. (File Photo)
Karnataka Congress leader MB Patil. (File Photo)

These projects are projected to generate employment for approximately 13,896 people across the state, the release by the Minister's office said.

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Among the notable approvals by the committee are proposals from International Battery Company India Private Limited and River Mobility Private Limited, which plan to invest 390 crore and 306.9 crore, respectively, it said.

Patil, the Minister for Large, Medium Industries, and Infrastructure Development, said the SLSWCC approved 13 major large and medium projects with capital investments exceeding 50 crore, totalling 2,046.39 crore and expected to create around 7,199 jobs.

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Additionally, 47 new projects with investments ranging from 15 crore to 50 crore were approved, totalling 1,058.55 crore, which would generate approximately 6,547 jobs.

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