Karnataka clears 61 industrial projects with Rs 3,829.46 cr investment


From Our Special Correspondent

Daijiworld Media Network

Bengaluru, Jul 29: The State Industries Department on Friday approved 61 industrial projects with investment worth Rs 3829.46 crore that would generate job opportunities of over 19,510 persons.

In a meeting held at the Karnataka Udyog Mitra office, approval was given to investment proposals of many companies including Toyota Kirloskar and Micron Technology.

The 133rd State Level Single Window Clearance Committee (SLSWCC) meeting was held under the chairmanship of Murugesh R Nirani, Minister for Large and Medium Scale Industries, who cleared the projects.

The committee has considered and approved 13 important large and medium size industrial projects with investments of more than Rs 50 crore. These projects worth Rs 2979.35 are expected to create employment opportunities for 16158 persons in the state.

At the 133rd SLSWCC meeting, 42 new projects with investments of more than Rs 15 crore and less than Rs 50 crore were also cleared. These projects worth Rs 774.51 crore would generate jobs for 3352 people in the State.

Another 6 projects of additional investment have been approved. This will result in an investment of Rs 75.60 crore.

Dr E V Ramana Reddy, Additional Chief Secretary, Commerce, and Industries, Department of Electronics, Information Technology, Biotechnology, Science & Technology, Gunjan Krishna, Commissioner for Industrial Development, and Director of Industries and Commerce, Dr N Shivshankar, CEO, KIADB, Doddabasavaraju, Managing Director, Karnataka Udyog Mitra Bengaluru, and other senior officers were present.


Details of major investment/project proposals were approved:

M/s Toyota Kirloskar Auto Parts Private Limited, Rs.445 core, 1198 jobs

M/s Micron Technology Operations India LLP., Rs.397 crore, 797 jobs

M/s Sitaram Ispat Private Limited, Rs.376.08 crore, 400 jobs

M/s Jindal Industries Hissar Private Limited, Rs.340 crore, 310 jobs

M/s Sooraj Agro Distilleries Limited, Rs.185 crore,170 jobs

M/s Nahars Engineering India Private Limited., Rs.120 crore, 353 jobs

M/s Bhimashankar Sahakari Sakkare Karkhane Margur, Rs.112.07 crore, 80 jobs

M/s Lozen Pharma Pvt Ltd, Rs.97.50 crore, 246 jobs

M/s NSP Distillery Private Limited, Rs.64.64 crore, 116 jobs

M/s String Bio Private Limited, Rs.75 crore, 48 jobs

M/s Rushil Decor Limited, Rs.72.76 crore, 310 jobs

 

 

 

 

  

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Title: Karnataka clears 61 industrial projects with Rs 3,829.46 cr investment



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