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Karnataka clears investment proposals worth more than 2,000 crore

The Karnataka government has cleared a total of 59 investment proposals worth ₹2,627.88 crore, promising to create 9,764 jobs.

Published on: Dec 7, 2022, 11:58:13 IST
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The Karnataka government has cleared a total of 59 investment proposals worth 2,627.88 crore, promising to create 9,764 jobs. The proposals were cleared at the 136th State Level Single Window Clearance Committee (SLSWCC) meeting held under the chairmanship of State Large and Medium Industries Minister Murugesh R Nirani here on Monday.

Karnataka Minister for Large and Medium-scale Industries Dr. Murugesh R Nirani in Bengaluru last month. (ANI Photo) (Shashidhar Byrappa)
Karnataka Minister for Large and Medium-scale Industries Dr. Murugesh R Nirani in Bengaluru last month. (ANI Photo) (Shashidhar Byrappa)

READ | Karnataka inks MoUs for investments worth around 10 lakh crore

The committee considered and approved seven important large and medium size industrial projects with investments of more than 50 crore.

These projects worth 852.06 crore are expected to create employment opportunities for 3,860 people in the state, the Ministers office said in a statement.

READ | JSW Group plans to invest Rs. 1 lakh cr in Karnataka

It said the SLSWCC also cleared 48 new projects with investments of more than 15 crore and less than 50 crore. These projects worth 923.09 crore would generate jobs for 4,444 people in the state.

 
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