 "Karnataka govt approves 48 industrial projects worth Rs 2,062 cr")
The Karnataka government has approved 48 industrial projects worth Rs 2,062 crore that would provide jobs for over 6,393 people in the state.
The clearance for the projects was given at the State Level Single Window Clearance Committee (SLSWCC) meeting chaired by Large and Medium Scale Industries Minister Murugesh Nirani on Saturday.
According to Nirani, the panel has considered and approved seven important large and medium size industrial projects worth Rs 1,275.67 crore, which are expected to create employment opportunities for 3,181 people in the state.
Also, at the SLSWCC meeting, 40 new projects each with investment of more than Rs 15 crores and less than Rs 50 crore were cleared. These projects valued at Rs 724.87 crore would generate 3,212 jobs, the minister noted on Sunday. A total of 48 projects with investments of Rs 2,062.21 crore with employment potential for 6,393 people were cleared.
Among the new investments that were approved are Rockwell Collins India Enterprises of Raytheon Group, Nithin Sai Agrotech, Brighflexi International, Cookson India and Adcock Ingram Pharma and Starling Chem.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app