Published Dec 13, 2023 | 12:29 PM ⚊ Updated Dec 13, 2023 | 12:29 PM
14 investment projects approved in Karnataka. (X)
The State High-Level Clearance Committee (SHLCC), headed by Karnataka Chief Minister Siddaramaiah on Tuesday, 12 December, approved 14 projects worth ₹34,115 crore, with the potential to create 13,308 jobs across the state.
Of the 14 proposals that received the SHLCC nod, 10 are new projects worth ₹19,452.40 crore, while the remaining four are additional investment projects of investments worth ₹14,662.59 crore.
Minister for Large and Medium Industries MB Patil said that the committee approved Taiwanese electronics manufacturing giant Foxconn’s proposal to invest an additional ₹13,911 crore. The company has already received approval to invest ₹8,000 crore in the state.
ಬೆಳಗಾವಿಯ ಸುವರ್ಣಸೌಧದಲ್ಲಿ ನಡೆದ ರಾಜ್ಯ ಉನ್ನತ ಮಟ್ಟದ ಒಪ್ಪಿಗೆ ನೀಡುವ ಸಮಿತಿಯ ಸಭೆಯಲ್ಲಿ ಒಟ್ಟು ₹34,115 ಕೋಟಿ ಮೊತ್ತದ ಬಂಡವಾಳ ಹೂಡಿಕೆಯ 14 ಉದ್ಯಮಗಳ ಸ್ಥಾಪನೆಗೆ ಅನುಮೋದನೆ ನೀಡಲಾಗಿದೆ. ಇದರಿಂದ 13,308 ಜನರಿಗೆ ಉದ್ಯೋಗ ದೊರೆಯುವ ನಿರೀಕ್ಷೆ ಇದೆ. ಹೆಚ್ಚುವರಿ ರೂ.13,911 ಕೋಟಿ ಮೊತ್ತದ ಬಂಡವಾಳ ಹೂಡಿಕೆ ಮಾಡುವ ಫಾಕ್ಸ್ಕಾನ್ನ… pic.twitter.com/sql9YvlCkv
— Siddaramaiah (@siddaramaiah) December 13, 2023
Other major proposals that received the government’s green signal are JSW Renew Energy Four Limited (₹4,960 crore investment), JSW Steel Limited (₹3,804 crore investment), Toyota Kirloskar Motor Private Limited (₹3,237.30 crore investment), TRIL Bengaluru Real Estate Six Limited (₹3,273 crore investment), Janki Corp Limited (additional investment of ₹607 crore), the Minister added.
Among the proposals that will generate employment and spur industrial growth in North Karnataka that received approval were JSW Renew Energy Four Limited, Janki Corp Limited, JSW Steel Limited, and Orient Cement Limited.
The four projects will result in a cumulative investment of ₹9,461 crore, and create 3,538 jobs in North Karnataka.
(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)
