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
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