87 industrial projects with investment of Rs 4,236 cr approved  


From Our Special Correspondent

Daijiworld Media Network

Bengaluru, Jan 7: The State-Level Single Window Clearance Committee (SLSWCC) headed by Large and Medium Industries Minister Murugesh R Nirani has approved 87 industrial projects across the State with total investment of Rs 4,236.26 crore on Friday.

The newly approved investment proposals are expected to generate job opportunities to 12,151 persons, Nirani said.

The Committee approved 13 important large and medium size industrial projects with investment of more than Rs 50 crore.

 

These projects worth Rs 2,986.80 crore are expected to create employment opportunities for 4660 persons in the State.

Also, at the 128th SLSWCC meeting, 74 new projects with investment of more than Rs 15 crore and less than Rs 50 crore were cleared.

Nirani said these projects worth Rs 1249.46 crore would generate jobs for 7591 people in the state.

Total investments of Rs 4,236.26 crore with employment potential for 12,251 people were cleared.

Among new investments approved are:

M/s Tecchren Batteries Private Limited – Rs.480 Cr, Employment – 200; a Rs.340 crore project by M/s Neotrex Steel Private Limited with employment potential for 150 persons; Rs.313.20 crore investment by M/s Siemens Healthcare Pvt Ltd with 270 jobs; Rs.306.82 crore project by M/s Supreme Sugars Private Limited with an estimated job creation for 315 persons; Rs.276 crore project by M/s Pawan Shakti Papers Private Limited with employment generation for 1000 people; Rs.276 crore investment by M/s Tantia Papers Private Limited, employment – 1000 and Rs.210 crore investment by M/s SATS Food Solutions India Private Limited which is expected to create 310 jobs.


Additional Chief Secretary (Industries and Commerce) EV Ramana Reddy, Commissioner for Industrial Development and Director, Department of Industries and Commerce Gunjan Krishna, KIADB CEO N Shivashankara, Karnataka Udyog Mitra MD Doddabasavaraj and senior officials of different departments attended the 128th SLSWCC meeting.

 

 

  

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Title: 87 industrial projects with investment of Rs 4,236 cr approved  



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