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Karnataka clears industrial projects worth Rs 6,825.93 cr; 18,600 jobs expected

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Bengaluru, Nov 9 The State Level Single Window Clearance Committee has approved 147 industrial projects with a total investment of Rs 6,825.93 crore, Karnataka Minister M B Patil said on Monday.

The projects are expected to create 18,600 jobs across the state.

Patil, the Large and Medium Industries and Infrastructure Development Minister, chaired the committee’s 161st meeting, according to a statement from his office.

“Of the approved projects, 131 will invest in districts other than Bengaluru Urban and Bengaluru Rural, giving a further boost to regional industrial growth,” he said.

Of the approved proposals, 36 major projects, each with an investment of more than Rs 50 crore, account for Rs 4,507.71 crore and are expected to generate 12,074 jobs.

Another 108 new projects, with investments of Rs 15 crore to Rs 50 crore, will bring in Rs 2,238.37 crore and create around 6,526 jobs.

The committee also cleared additional investment proposals worth Rs 79.85 crore from three existing projects.

The approved projects cover food processing, textiles, data centres, semiconductors, Electronics System Design and Manufacturing (ESDM), IT parks, printed circuit board assembly, aerospace, sugar and general engineering, Patil said.

According to the statement, the notable approvals include an IT and ITES park by Advaith Tech LLP at Devanahalli, with an investment of Rs 380 crore and 500 jobs, and another by Vista Spaces Tec Hoodi Private Limited at Doddanekundi in Bengaluru East taluk, with Rs 260 crore and 750 jobs.

Gowribidanur in Chikkaballapura district will host three major projects:a 250 TPD container glass plant by OFB Tech Limited (Rs 245 crore, around 400 jobs); a semiconductor and solar cell equipment manufacturing unit by UHP Technologies Private Limited (Rs 200 crore, around 300 jobs); and an integrated facility for interiors, modular fit-outs and architectural facade systems by Interrni International Private Limited (Rs 130 crore, around 600 jobs).

In Mysuru district, FIEM Industries Limited will manufacture advanced lighting and electronic components at Kochanahalli (Rs 183.06 crore, 550 jobs), while Arbee Biomarine Extracts Private Limited will set up an Omega-3 concentrates unit at Thandya (Rs 129.71 crore, 62 jobs).

In Mandya district, Akshayakalpa Farms and Foods Private Limited will establish a greenfield integrated organic dairy and food processing unit at Bannenahalli in KR Pete taluk, with an investment of Rs 165.24 crore and 300 jobs, the statement said.

(PTI News)

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