July 16, 2024


Truth Triumphs

Nirani clears 48 projects worth over Rs. 2000 cr

• Minister Nirani clears 48 projects in the 130th SLSWCC meeting

• Projects are expected to generate job opportunities to 6,393 people

• New projects expected to push industrial growth in the state

Bengaluru, March 6: Giving a big push to industrial growth, the Karnataka government on Saturday approved 48 industrial projects worth Rs 2,062.21 crore that would generate jobs for over 6,393 persons in the State.

The 130th State Level Single Window Clearance Committee (SLSWCC) meeting held under the leadership of Murugesh R Nirani, Minister for Large and Medium Scale Industries cleared the projects.

The committee has considered and approved 7 important large and medium size industrial projects with investment of more than Rs. 50 crore. These projects worth Rs 1275.67 crore are expected to create employment opportunities for 3181 persons in the state.

Also, at the 130th SLSWCC meeting, 40 new projects with investment of more than Rs. 15 crores and less than Rs. 50 crore were cleared. And these projects worth Rs 724.87 crore would generate jobs for 3212 people in the state. One more project with an investment of Rs 61.67 crore was also approved. Total 48 projects with investments of Rs 2,062.21 crore with employment potential for 6,393 people were cleared.

Among new investments approved —

  • M/s Rockwell Collins India Enterprises Private Limited (Raytheon Group) – Rs.253.75 Cr, Employment – 1306;
    Rs. 231.82 crore project by M/s Nithin Sai Agrotech Private Limited with employment potential for 965 persons;
    Rs.89.10 crore investment by M/s Brighflexi International Private Limited with 165 jobs;
    Rs.75 crore project by M/s Cookson India Private Limited with job creation for 85 persons; Rs.74.52 crore project by M/s Adcock Ingram Pharma Private Limited with employment generation for 115 people
    Rs.61.86 crore investment by M/s Starling Chem Pvt Ltd. which is expected to create 84 jobs.

Dr EV Ramana Reddy, Additional Chief Secretary (C&I), Gunjan Krishna, N Shivashankara, CEO KIADB, Doddabasavaraj, MD Karnataka Udyog Mitra and others attended the 130th SLSWCC meeting.

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