October 18, 2024

BENGALURU EXPRESS

Truth Triumphs

Minister-Led Single Window Clearance Committee Approves 128 Proposals Worth Over ₹6,407 Crores

Onus on equitable development across state; projects to create 33771 jobs

Bengaluru: The 143rd State-Level Single Window Clearance Committee (SLSWCC), headed by the Honourable Minister for Large, and Medium Industries, and Infrastructure Development Shri MB Patil approved 128 projects cumulatively worth INR 6407.82 crores on Friday. The projects hold the promise of generating employment for nearly 33,771 people across the state. Proposals submitted by Bengaluru-based companies, Gokula Education Foundation (Medical), and Rashtreeya Sikshana Samithi Trust, which are to invest INR 484.33 crores and INR 415 crores respectively, were among the marquis projects greenlighted by the committee here on Friday. 

The minister, who chaired the meeting at the Karnataka Udyog Mitra (KUM) office here on Friday, said that the clearance of more than 128 projects at a single meeting was an indication of the efficiency that the single-window system had ushered in for the approval process. Shri MB Patil further added that the investment projects that received the nod on Friday would ensure equitable investment across the diverse regions of the state.

The SLSWCC approved 22 projects, the investment value of which is in excess of INR 50 crores. The 22 proposals, once realised, will draw a total investment of INR 4230.64 crore, with the potential to create 24846 jobs. As many as 104 new projects, the capital of which is in the INR 15 crore to INR 50 crore band, were also greenlighted by the committee – these are expected to attract INR 2056.68 crore in investment, with the promise of generating employment opportunities for nearly 8425 people. Two of the proposals that received the committee nod on Friday entail additional investment of capital for existing projects. These two proposals will result in INR 120.50 crore being invested in the state.

In addition to mega investment projects approved in and around Bengaluru, the committee greenlighted proposals worth more than INR 200 crore in other districts as part of the Karnataka Government’s concerted efforts to spur industrial growth across regions. Jayadi Techmac Private Limited’s INR 485-crore proposal to set up a machined casting in Belagavi, and Dhariwal Industries Pvt Limited’s INR 465-crore investment towards mixed use integrated project in Bengaluru Rural, are among the big projects approved in districts outside Bengaluru.

Besides the minister, Principal Secretary to Government, Department of Commerce and Industries Dr S Selvakumar, Commissioner of the Department of Industries and Commerce Gunjan Krishna, Karnataka Udyoga Mitra Managing Director Doddabasavaraju, Chief Executive Officer of the Karnataka Industrial Areas’ Development Board Dr N Mahesh were among the senior officials in attendance at the meeting.

Key Proposals Approved

Sl No.

Name of the Company

Project Location

Product/Activity

Investment

 (INR in crores)

Potential Employment

1

JAYADI TECHMAC PRIVATE LIMITED, Belagavi

Kanagal Industrial Area, Belagavi District

Machine Castings

INR 485 crores

1025

2

Gokula Education Foundation (Medical), Bangalore

Devanahalli, Bangalore Rural District

Institute for Advanced Research in Science and Technology, Technical Training and Skill Development

INR 484.33 crores

660

3

Dhariwal Industries Pvt. Ltd. , Pune

Devanahalli, Bangalore Rural District 

Mixed use integrated project

INR 465 crores

1500

4

Rashtreeya Sikshana Samithi Trust, Bangalore

Kallahally Village, Kasaba Holi, Nanjangud Taluk, Mysore District

Education University Campus

INR 415 crores

350

5

Shiva & Shiva Orthopaedic Hospital Private Limited, Bangalore

Devanahalli, Bangalore Rural District

Healthcare and Allied Services

INR 255 crores

3830

6

URC Construction Private Limited, Bangalore

Devanahalli, Bangalore Rural District

Manufacturing of Pre-Engineered Buildings

INR 228.73 crores

371

7

Central Warehousing Corporation, Bangalore

Dobaspet, Bangalore Rural District

Storage and Warehousing Services

INR 155.50 crores

206

8

Metal Storage Systems Private Limited, Bangalore

Dobaspet, Bangalore Rural District

Metal Storage Racks

INR 96 crores

530

9

Wiremann Industries Private Limited, Bangalore

Dobaspet, Bangalore Rural District

PVC Insulated Industrial Cables

INR 95 crores

500

10

Streparava India Private Limited, Bangalore

Harohalli, Ramanagara District

Automotive Components

INR 65 crores

432

11

Calcutta Ispat, Bangalore

Dabaspet, Bangalore Rural District

Warehousing and Logistics

INR 60.34 crores

100

12

AURELIA PROJECTS Pvt. Ltd, Bangalore

Dabaspet, Bangalore Rural District

Industrial Warehousing and Cold Storage

INR 55 crores

100

13

CLOUDWAVE TECHNOLOGIES Pvt.Ltd, Bangalore

Dabaspet, Bangalore Rural District

Precision machining, Sheet Metal Fabrication

INR 52 crores

262

14

Sudarshan Extrusions Private Limited, Bangalore

Dabaspet, Bangalore Rural District

Manufacturing of PVC pipes/fittings

INR 50 crores

140

Please follow and like us:

About Author