From Our Special Correspondent
Daijiworld Media Network
Bengaluru, Jun 17: As many as five major projects involving total investment of Rs 2049.75 crore in Karnataka have been cleared by the State Government.
The State High-Level Clearance Committee (SHLCC) headed by Chief Minister Siddaramaiah has approved investment of Rs 1325 crore in textiles by Himatsingka Siede Ltd for expanding the company’s business in Hassan.
Other major investment projects cleared the SHLCC are: Stelis Bio Pharma Private Ltd (Rs 248 crore) in Bengaluru Rural, Harsha Sugars Ltd (Rs 213 crore) in Belagavi, Auric Industries Ltd (Rs 156.25 crore) in Raichur and Cheers Breweries (Rs 107.50 crore) at Nanjangud in Mysuru.
The five projects are expected to generate employment to 3532 persons.
In 2014-15, the State government has cleared 108 projects involving investment of Rs 54433.01 crore which would generate employment to 56101 persons.
In 2013-14, Karnataka had cleared 255 projects involving investment of Rs 42176.54 crore.
The Chief Minister has allowed participation of a delegation of women from the State in WE Connect’s International Conference and Business Fair at Austin, Texas.
The international meet would be held from June 23 to 25 at the Austin Convention Centre.
Considering the potential of women entrepreneurs from the State, the Chief Minister has for the first time approved a delegation led by K Ratna Prabha, Additional Chief Secretary, Commerce and Industries Department.
The delegation consists of 22 members, including 19 women entrepreneurs from FKCCI, Bangalore, eMERG, Bangalore, and KCCI, Hubballi.