GG News Bureau
Bengaluru, 20th March. The State Industries and Commerce Department has approved 78 investment proposals worth Rs 5,298.69 crore, which promise 13,917 jobs.
These proposals were approved at the State Level Single Window Clearance Committee (SLSWCC) meeting, which was presided over by Minister for Large and Medium Scale Industries Murugesh R Nirani, according to a statement issued by the Minister’s office on Sunday.
The committee considered and approved 17 significant large and medium-sized industrial projects worth more than Rs 50 crore in investment. These projects, worth Rs 3,552.66 crore, are expected to provide employment for 6,933 people in the state.
Also, 59 new projects with investments of more than Rs 15 crore and less than Rs 50 crore were also approved. These projects worth Rs 1,542.88 crore would generate jobs for 6,984 people in Karnataka, the statement read.
Two projects of additional investment have also been approved, which will result in an investment of Rs 203.15 crore and would generate massive employment opportunities, it said.
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