From Our Special Correspondent
Daijiworld Media Network
Bengaluru, Feb 2: Giving a big push to industrial growth in the State, the Industries department has approved 88 industrial projects with investments worth Rs 2,367.99 crore that would generate jobs for over 10,904 persons.
The 129th State Level Single Window Clearance Committee (SLSWCC) meeting held under the chairmanship of Murugesh R Nirani, Minister for Large and Medium Scale Industries cleared the projects in Bengaluru on Tuesday, Febraury 2.
The committee has considered and approved 7 important large and medium size industrial projects with investment of more than Rs 50 crore. These projects worth Rs 799.1 crore are expected to create employment opportunities for 3237 persons in the State.
Also, 78 new projects with investment of more than Rs 15 crore and less than Rs 50 crore were cleared. These projects worth Rs 1431.74 crore would generate jobs for 7667 people in the State, Nirani said.
Three more projects worth Rs 137.15 crore investments were also approved.
Total 88 projects with investments of Rs 2,367.99 crore with employment potential for 10,904 people were cleared.
Additional Chief Secretary, Department of Industries and Commerce Dr EV Ramana Reddy, Commissioner for Industrial Development and Director, Department of Industries and Commerce Gunjan Krishna and senior officials of KIADB various departments attended the meeting.
Some new investments approved are:
• Gurudatta Integrated Textile Park Limited – Rs.357 Cr, Employment – 1655;
• Rs.96 crore project by M/s Spansules Formulations with employment potential for 540 persons;
• Rs.80 crore investment by M/s Rinac India Ltd with 125 jobs;
• Rs.64 crore project by M/s Sunvik Steels Private Limited with job creation for 20 persons;
• Rs.59.31 crore project by M/s H&V Advanced Materials India Private Limited with employment generation for 327 people;
• Rs.46.50 crore investment by M/s A One Textech Private Limited, employment 160;
• Rs.44.80 crore investment by M/s Texport Industries Pvt Ltd which is expected to create 1501 jobs; and
• Rs 35 crore investment by M/s Kaynes Technology India Private Limited with job creation for 390 people.