Karnataka approves Rs 16,077 crore worth industrial projects

The State High Level Clearance Committee chaired by Chief Minister Jagadish Shettar and Industries Minister Murugesh Nirani approved the proposal of Wadhwan Mega Infrastructure Pvt Ltd., which would set up Agro Industrial clusters and agri infrastructure projects across the state at an investment of Rs 10,000 crore.

Briefing reporters after the meeting, Nirani said Wadhwan firm would initially establish its first unit in Bagalkot in Belgaum and later in other four divisions of the state.

The company would scale up its investment to Rs 30,000 crore in about five to seven years, he said.

Other projects approved include a cement grinding unit in Goribdanur taluk by the Reliance Cement Company with Rs 690 crore investment and Zonasha Estates and Projects' Rs 232.56 crore software development centre at Devanahalli.

Gopalan Institute of Medical Sciences and Research is establishing a medical college-cum-hospital in Attibele Hobli in Bangalore Urban district at an investment of Rs 248.10 crore, he said.

Enrich Pvt ltd will establish Turnkey and EPC Solar PV project Development in Aliyabad Bijapur, Nirani said adding the state wanted to promote solar power in a big way as it targeted to harness 500 mw of energy.

A draft policy to encourage solar power generation has been prepared and would soon be unveiled.

Kirloskar Toyota Textile Machinery pvt Ltd is proposing to set up "engine and textile machinery manufacturing unit with Rs 3,847 crore investment in Kittur in Belgaum district and JSS maavidya Peetha will open three education institutions in Kadakola indsutrial area in Mysore district with Rs 647 crore investment.