"Karnataka Approves 64 Projects Worth ₹3,587 Crore"

Karnataka has approved 64 projects totaling investments of ₹3,587.67 crore, projected to generate employment for approximately 13,896 people across the state. The approvals were made during the 146th State-Level Single Window Clearance Committee (SLSWCC) meeting held on Friday.

Among the significant approvals are proposals from International Battery Company India Private Limited and River Mobility Private Limited, with planned investments of ₹390 crore and ₹306.9 crore respectively. These projects are set to enhance equitable investments across various regions of the state, particularly benefiting the districts of North Karnataka.

Industries Minister M B Patil, who chaired the meeting, highlighted that the committee approved 13 major projects categorized as large and medium, with capital investments surpassing ₹50 crore. These projects amount to a total investment of ₹2,046.39 crore and are expected to create employment for around 7,199 people.

Additionally, 47 new projects with investments ranging from ₹15 crore to ₹50 crore were sanctioned, totaling ₹1,058.55 crore. Four other capital investment schemes amounting to ₹482.73 crore were also approved, which will create employment opportunities for about 150 people.

The meeting was attended by several key officials, including Dr. Shalini Rajneesh, IAS, Additional Chief Secretary & Development Commissioner, Government of Karnataka; Shri Selvakumar S, IAS, Principal Secretary, Department of Commerce and Industries; Gunjan Krishna, IAS, Commissioner for Industrial Development and Director, Department of Commerce and Industries; Dodda Basavaraju, MD of Karnataka Udyoga Mitra; Darshan H.V, IAS, Director of Electronics, IT/BT, and other senior officers from various departments.

HBL