Karnataka clears Rs 6,826-crore industrial investment proposals, 131 outside Bengaluru

Karnataka's State Level Single Window Clearance Committee has approved multiple industrial projects worth Rs 6,825.93 crore. The majority of these projects will be set up outside Bengaluru, promoting regional growth. These projects are expected to...

ANI
Karnataka Industries Minister MB Patil
Bengaluru: Karnataka's State Level Single Window Clearance Committee (SLSWCC) has approved 147 industrial projects involving investments worth Rs 6,825.93 crore. In a push for balanced regional growth, the majority of these projects will be established outside Bengaluru, an official statement said.

The approved projects are expected to generate approximately 18,600 jobs. Out of the 147 approvals, 131 are located in districts outside Bengaluru Urban and Bengaluru Rural, announced Industries Minister MB Patil following the committee's 161st meeting.

According to Patil, 36 large projects, each with investments exceeding Rs 50 crore, account for Rs 4,507.71 crore and are expected to create 12,074 jobs. Another 108 projects in the Rs 15 crore-Rs 50 crore investment range will bring in Rs 2,238.37 crore and generate about 6,526 jobs. The committee also cleared expansion proposals worth Rs 79.85 crore from three existing units.


The approved projects span sectors including food processing, textiles, data centres, semiconductors, electronics system design and manufacturing (ESDM), IT parks, aerospace, printed circuit board assembly and engineering.

Among the largest approvals, Bengaluru-based Advaith Tech LLP will invest Rs 380 crore in an IT and ITES park with allied infrastructure at Devanahalli, creating 500 jobs. Vista Spaces Tec Hoodi Pvt Ltd received approval to develop an IT/ITES park at Doddanekundi in Bengaluru East taluk with an investment of Rs 260 crore and 750 jobs.

Gowribidanur in Chikkaballapura district attracted three significant projects: OFB Tech Ltd's container glass manufacturing plant (Rs 245 crore), UHP Technologies Pvt Ltd's semiconductor and solar-cell equipment unit (Rs 200 crore), and Interrni International Pvt Ltd's integrated manufacturing facility (Rs 130 crore).
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Other notable approvals include FIEM Industries Ltd's advanced lighting and electronics components unit in Mysuru district (Rs 183.06 crore), Akshayakalpa Farms and Foods Pvt Ltd's integrated organic dairy and food processing facility in Mandya district (Rs 165.24 crore), Elmeasure India Pvt Ltd's data-centre and energy solutions facility in Chamarajanagar district (Rs 150 crore), and Schneider Electric India Pvt Ltd's advanced metering and automation products unit at Attibele (Rs 141.44 crore).
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