Karnataka gives nod to 59 industrial projects worth ₹3,455.39 crore

The Karnataka State Industries and Commerce Department has cleared 59 investment proposals worth ₹3,455.39 crore, promising 18,567 jobs.

Published on: Jan 26, 2023, 09:09:10 IST

PTIPosted by Yamini C S

Prefer HTon Google

Share via

Copy link

The Karnataka State Industries and Commerce Department has cleared 59 investment proposals worth ₹3,455.39 crore, promising 18,567 jobs. The 137th meeting of the State-level single-window clearance committee (SLSWCC), led by the State Large and Medium-Scale Industries Minister Murugesh Nirani, took the decision to this effect, said a statement from the office of the Minister said.

ALSO READ | Karnataka clears investment proposals worth more than ₹2,000 crore

The statement said the committee approved 11 large- and medium-size industrial projects with investments of more than ₹50 crore.

The projects worth ₹2,186.70 crore are expected to create employment opportunities for 10,559 people in the State.

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

Further, 46 new projects with investments of more than ₹15 crore and less than ₹50 crore were also cleared.

The projects worth ₹1,049.19 crore would generate jobs for 8,008 people.

ALSO READ | Industry leaders ask Karnataka govt to identify list of 100 firms for attracting to state

Two projects of additional investment have also been approved which would entail an investment of ₹219.50 crore and generate employment opportunities, the statement read.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More