• Potential of creating employment opportunities for 33049 people
• 139th State Level Single Window Clearance Committee (SLSWCC) clears large and medium industrial projects
Bengaluru, NFAPost: The Karnataka State Industries and Commerce Department cleared a total of 55 investment proposals worth Rs 3451.24 crore promising 33049 employment opportunities.
The 139th State Level Single Window Clearance Committee (SLSWCC) meeting was held under the chairmanship of Karnataka Minister for Industrie Dr Murugesh R Nirani at the Karnataka Udyog Mitra office on Monday evening.
The committee considered and approved 8 important large and medium size industrial projects with investments of more than Rs 50 crore. These projects are worth Rs 2012.14 crores and are expected to create employment opportunities for 22033 persons in the state.
At the SLSWCC meeting, 43 new projects with investments of more than Rs 15 crore and less than Rs 50 crore were also cleared. These projects are worth Rs 1187.93 crore and would generate jobs for 11016 people in Karnataka.
Four projects of additional investment have also been approved which will result in an investment of Rs 251.17 crore and would generate massive employment opportunities.
In total, 55 investment proposals worth Rs 3451.24 crore promising 33049 jobs were approved in the meeting.
Karnataka Principal Secretary S. Selvakumar, Karnataka Industries Commissioner Gunjan Krishna, KIADB CEO R Girish, Karnataka Udyog Mitra Bengaluru Managing Director Gangadharaiah and other senior officers of the department were present.
The following major investment/project proposals were approved in the meeting:
M/s Shree Basaveshwar Sugars Limited Bijapur
Location: Karjol Village, Babaleshwar Hobli, Vijayapura District,
Investment: 494.75 Cr
Employment: 90
M/s Subramanya Construction and Development Company Limited, Bengaluru
Location: Tavarekere, Bangalore Urban District
Investment: 481.61 Cr
Employment: 20000
M/s HCL Technologies Ltd, Delhi
Location: Bengaluru
Investment: 400 Cr
Employment: 1300
M/s. Nadagouda Roadlines Private Limited (Nadagouda Ethanol Distillery) Vijayapura
Location: Jalageri village, Vijayapura Taluk and District
Investment: 247.08 Cr
Employment: 210
M/s. Consolidated Agro-industrial Syndicate Limited, Bengaluru Urban
Location: Alagawadi Village, Raibag Taluk, Belagavi District
Investment: 150 Cr
Employment: 110
M/s A ONE ISPAT PVT LTD, Bengaluru
Location: Kudithini Industrial Area, Bellary District
Investment: 96 Cr
Employment: 183
M/s VIJAY SPHEROIDALS PRIVATE LIMITED, Bengaluru
Location: Mastenahalli Industrial Area, Chikkaballapura District
Investment: 88.63 Cr
Employment: 112
M/s PARAMPUJYA SOLAR ENERGY PRIVATE LIMITED, Bengaluru
Location: Kallur, Balageri and Yalaburga villages of Yalaburga Taluk, Koppal District
Investment: 54.07 Cr
Employment: 28